Hazardous Area Equipment Market

Hazardous Area Equipment Market Analysis, By Product (Cable Glands & Accessories, Process Instruments, Industrial Controls, Motors, Strobe Beacons), By Connectivity (Wireless, Wired), By End Use, by Region - Global Forecast 2022-2026

Analysis of Hazardous Area Equipment market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Market Outlook of Hazardous Area Equipment

Sales of hazardous area equipment are anticipated to surge at a CAGR of 6.5% from 2022 to 2026. The global hazardous area equipment market, which stands at a valuation of US$ 6.5 billion in 2022, is predicted to reach US$ 8.7 billion by the end of 2026.

Report Attributes

Details

Hazardous Area Equipment Market Size (2022)

US$ 6.5 Billion

Projected Year Value (2026F)

US$ 8.7 Billion

Global Market Growth Rate (2022-2026)

6.5% CAGR

United States Market Value (2022)

US$ 1.7 Billion

Key Companies Profiled

  • Federal Signal Corporation
  • Honeywell International Inc.
  • NHP Electric Engineering Products
  • Tomar Electronics Inc.
  • Patlite Corporation
  • Potter Signal Co.
  • E2S Warning Signals
  • Eaton Corporation Plc
  • Emerson Electric Co.
  • R. Stahl AG
  • Rockwell Automation
  • Siemens AG
  • WERMA Signaltechnik GmbH + Co. KG
  • ABB Ltd.

Consumption of hazardous area equipment is expected to rise at a higher CAGR of 7.4% in China, and this market is anticipated to be valued at US$ 799 million by 2026.

Rapid industrialization on a global scale has resulted in substantial increase in hazardous areas, and has subsequently driven demand for hazardous work equipment.

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Hazardous Area Equipment Demand Survey (2017-2021) in Comparison to Growth Forecast (2022-2026)

The world has witnessed an increase in industrialization and the number of industrial facilities established in the past few years. As industrialization is picking up pace in multiple regions it is also increasing the demand for industrial safety equipment.

Governments are imposing strict mandates to ensure the safety of workers in hazardous locations and this is expected to majorly boost demand for hazardous area devices and systems. Rising risks in multiple industries and increasing use of toxic chemicals are other factors that will favor the hazardous area equipment market growth across the forecast period.

High costs of deployment and lack of awareness of safety are two major factors that are restraining the global hazardous area equipment market potential.

Worldwide shipments of hazardous area equipment are predicted to increase at a CAGR of 6.5% from 2022 to 2026.

What is the Major Demand Driver for Hazardous Area Equipment?

“Increasing Concerns Regarding Occupational Safety to Drive Demand for Hazardous Area Systems”

Governments across the world have increased their focus on occupational safety in hazardous locations to avoid catastrophic outcomes that result in massive human losses.

This has led to strict mandates that have to be followed by employers to ensure the safety of employees working at the site. This trend is expected to prominently influence the consumption of hazardous area systems on a global scale.

Hazardous area equipment market forecast by Fact.MR

What Impact Does Cost of Hazardous Area Equipment Have on Industry Growth?

“High Costs of Hazardous Area Devices Constrains Market Potential”

Hazardous area devices and systems come at high costs and they also are accompanied by a hefty price tag for installation as well. This increases costs for employers and reduces their profit margins, and hence, they abstain from the deployment of these systems to save money.

Hazardous area equipment manufacturers are working on creating cost-effective solutions to boost adoption across all industry verticals.

Why Should Hazardous Area Equipment Manufacturers Focus on Europe?

“Europe Expected to Lead Global Hazardous Area Equipment Demand”

The market for hazardous area equipment in Europe is projected to be one of the most lucrative ones and this will majorly be driven by growing chemical manufacturing industries in this region. Growing pharmaceutical and energy industries are also expected to favor hazardous area equipment market potential over the coming years.

Rising concerns for occupational safety and stringent mandates by governments for the same are also expected to boost the adoption of hazardous area systems over the years to come. Shipments of hazardous area equipment in Germany are expected to expand at a CAGR of 4.6% throughout the forecast period. The chemical sector of France is also expected to boost the adoption of hazardous area systems in near future.

How Will Sales of Hazardous Area Systems Perform in the Asian Region?

“China Will Lead Demand for Hazardous Area Devices in Asian Region”

The market for hazardous area equipment in South Asia and East Asia is expected to provide lucrative opportunities over the coming years owing to rapid industrialization and an increasing focus on occupational safety.

China is anticipated to be the most lucrative market for hazardous area equipment and is expected to rise at a CAGR of 7.4% throughout the forecast period and hold a market value of US$ 799 million in 2026.

India, South Korea, and Japan are anticipated to be other noteworthy markets in the aforementioned regions for hazardous area systems.

Country-wise Insights

How Will Hazardous Area Device Sales Shape Up in the U.S.?

“Presence of Multiple Industries to Boost Sales of Hazardous Area Devices”

The United States is home to multiple industries and is one of the key markets in the world. The nation is known for its rapid adoption of novel technologies and is expected to see high demand for hazardous area systems as the trend of automation in industries picks up pace.

The United States hazardous area equipment market is currently worth US$ 1.7 billion. Increasing focus on occupational safety by the government will drive boost sales of hazardous equipment in the nation through 2026.

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Category-wise Insights

Which Safety Equipment Product is Set to Experience Highest Demand?

“Cable Glands & Accessories Account for Major Market Share”

The cable glands and accessories segment is projected to evolve at a CAGR of 7.8% from 2022 to 2026. The increasing need to ensure the safety of cables in an explosion-prone environment is expected to drive the demand in this segment across the forecast period.

Increasing demand for explosion-proof cables and cable glands from industries such as mining, processing, oil & gas, and manufacturing is expected to further bolster demand through 2026. The revenues from this segment are predicted to be worth US$ 2.7 billion by the end of the forecast period.

Will We See Higher Need for Industrial Controls?

“Industrial Controls to See High Demand through 2026”

The industrial controls segment is projected to attain a market worth of US$ 1.4 billion by the end of the forecast period. China is anticipated to be the fastest-growing market in the global landscape for industrial controls owing to rising adoption in the extensive manufacturing industries of the nation.

Motor control centers, electric motor control for hazardous locations, and explosion-proof industrial components are expected to see good growth in demand across the forecast period.

Did COVID-19 Hamper Sales of Hazardous Area Systems?

In 2020, the sudden emergence of coronavirus infections took the world by shock and created an adverse situation like never before. In order to contain the pandemic, multiple nations implemented nationwide lockdowns and closed borders. This resulted in the toppling of multiple markets and also had a negative impact on the global hazardous area equipment market as well.

Closure of multiple production facilities, shortage of raw materials, disrupted supply chains, lack of workforce, and lockdown restrictions caused a drop in sales of hazardous area devices. Uncertainty in the global economic landscape also caused many investors to back out of the hazardous area equipment market and this led to further loss of potential in 2020.

However, the hazardous area equipment market is projected to make a steady comeback in the post-pandemic era as the restrictions are lifted owing to decreasing coronavirus infections.

Competitive Landscape

Key hazardous area equipment companies are focusing on mergers, collaborations, partnerships, and acquisitions to expand their business scope on a global level and boost revenue generation.

  • In September 2020, Siemens AG, a German multinational organization, announced the extension of its Customer Relationship Agreement with digital transformation leader Atos, which was initialized in 2011.

Key Segments Covered in Hazardous Area Equipment Industry Research

  • by Product :

    • Cable Glands & Accessories
    • Process Instruments
    • Industrial Controls
    • Motors
    • Strobe Beacons
    • Other Products
  • by Connectivity :

    • Wireless Hazardous Area Equipment
    • Wired Hazardous Area Equipment
  • by End Use :

    • Oil & Gas
    • Chemicals & Pharma
    • Energy & Power
    • Mining
    • Other End Uses
  • by Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania 
    • MEA

Table of Content

1. Global Hazardous Area Equipment Market - Executive Summary

    1.1. Global Market Overview

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Fact.MR Analysis and recommendation

2. Global Hazardous Area Equipment Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Introduction and Definition

3. Market Risks and Trends Assessment 

    3.1. Risk Assessment 

        3.1.1. COVID-19 Crisis and Impact on Hazardous Area Equipment 

        3.1.2. COVID-19 Crisis and Impact on Hazardous Area Equipment Prices 

        3.1.3. COVID-19 Impact Benchmark with Previous Crisis  

            3.1.3.1. Change in Hazardous Area Equipment Demand 

            3.1.3.2. Before and After COVID-19 Crisis (Projected)

            3.1.3.3. Before and After Sub-prime Crisis – 2008 (Actual)

            3.1.3.4. Change in Demand post Recovery Period (After Each Crisis)

        3.1.4. Impact on Market and Value (US$ Mn)

            3.1.4.1. Likely Loss of Value in 2020

            3.1.4.2. Mid-term and Long Term Forecast

            3.1.4.3. Quarter by Quarter Demand and Recovery Assessment 

        3.1.5. Anticipated Demand and Value Recovery Curve

            3.1.5.1. Likelihood of U-Shape Recovery

            3.1.5.2. Likelihood of L-Shape Recovery

        3.1.6. Recovery Period Assessment by Key Countries

        3.1.7. Recovery Assessment by Key Market Segments

        3.1.8. Action Points and Recommendation for Suppliers

        3.1.9. Impact on Trade Balance

    3.2. Key Trends Impacting the Market

    3.3. Formulation and Connectivity Development Trends

4. Market Background and foundation Data Points

    4.1. Need of the Hour for Industries

    4.2. Industry Wise Industry 4.0

    4.3. Hazardous Area Equipment – Strategic Priorities  

    4.4. Life Cycle Stage

    4.5. Importance of Technology

    4.6. Use Cases of Hazardous Area Equipment

    4.7. Forecast Factors: Relevance and Impact

    4.8. Investment Feasibility Matrix

    4.9. PESTLE Analysis

    4.10. Porter’s Five Forces Analysis

    4.11. Market Dynamics

        4.11.1. Drivers

        4.11.2. Restraints

        4.11.3. Opportunity Analysis

        4.11.4. Trend

5. Global Hazardous Area Equipment Market Demand (US$ Mn) Analysis 2017-2021 and Forecast, 2022-2026

    5.1. Historical Market Value (US$ Mn) Analysis, 2017-2021

    5.2. Current and Future Market Value (US$ Mn) Projections, 2022-2026

        5.2.1. Y-o-Y Growth Trend Analysis

        5.2.2. Absolute $ Opportunity Analysis

6. Global Hazardous Area Equipment Market Analysis 2017-2021 and Forecast 2022-2026, By Connectivity

    6.1. Introduction / Key Findings

    6.2. Historical Market Value (US$ Mn) Analysis By Connectivity, 2017-2021

    6.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Connectivity, 2022-2026

        6.3.1. Wireless

        6.3.2. Wired

    6.4. Market Attractiveness Analysis By Connectivity

7. Global Hazardous Area Equipment Market Analysis 2017-2021 and Forecast 2022-2026, by Product 

    7.1. Introduction / Key Findings

    7.2. Historical Market Value (US$ Mn) Analysis By Product , 2017-2021

    7.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Product, 2022-2026

        7.3.1. Cable Glands & Accessories

        7.3.2. Process Instruments

        7.3.3. Industrial Controls

        7.3.4. Motors

        7.3.5. Strobe Beacons Other Products 

    7.4. Market Attractiveness Analysis By Product 

8. Global Hazardous Area Equipment Market Analysis 2017-2021 and Forecast 2022-2026, by End Use 

    8.1. Introduction / Key Findings

    8.2. Historical Market Value (US$ Mn) Analysis By End Use, 2017-2021

    8.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By End Use, 2022-2026

        8.3.1. Oil & Gas

        8.3.2. Chemicals & Pharma

        8.3.3. Energy & Power

        8.3.4. Mining

        8.3.5. Other End Uses

    8.4. Market Attractiveness Analysis By End Use 

9. Global Hazardous Area Equipment Market Analysis 2017-2021 and Forecast 2022-2026, by Region

    9.1. Introduction / Key Findings

    9.2. Historical Market Value (US$ Mn) Analysis By Region, 2017-2021

    9.3. Current and Future Market Value (US$ Mn)  Analysis and Forecast By Region, 2022-2026

        9.3.1. North America

        9.3.2. Latin America

        9.3.3. Europe

        9.3.4. East Asia 

        9.3.5. South Asia & Oceania

        9.3.6. Middle East and Africa (MEA)

    9.4. Market Attractiveness Analysis By Region

10. North America Hazardous Area Equipment Market Analysis 2017-2021 and Forecast 2022-2026

    10.1. Introduction / Key Findings 

    10.2. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    10.3. Market Value (US$ Mn) Forecast By Market Taxonomy, 2022-2026

        10.3.1. By Country

            10.3.1.1. U.S.

            10.3.1.2. Canada

        10.3.2. By Connectivity

        10.3.3. By Product 

    10.4. Market Attractiveness Analysis

        10.4.1. By Country

        10.4.2. By Connectivity

        10.4.3. By Product 

11. Latin America Hazardous Area Equipment Market Analysis 2017-2021 and Forecast 2022-2026

    11.1. Introduction / Key Findings 

    11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    11.3. Current and Future Market  Value (US$ Mn)  Analysis and Forecast By Region, 2022-2026

        11.3.1. By Country

            11.3.1.1. Brazil

            11.3.1.2. Mexico

            11.3.1.3. Rest of Latin America

        11.3.2. By Connectivity

        11.3.3. By Product 

        11.3.4. By End Use

    11.4. Market Attractiveness Analysis

        11.4.1. By Country

        11.4.2. By Connectivity

        11.4.3. By Product 

        11.4.4. By End Use

12. Europe Hazardous Area Equipment Market Analysis 2017-2021 and Forecast 2022-2026

    12.1. Introduction / Key Findings 

    12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    12.3. Current and Future Market  Value (US$ Mn)  Analysis and Forecast By Region, 2022-2026

        12.3.1. By Country

            12.3.1.1. Germany

            12.3.1.2. France

            12.3.1.3. Italy

            12.3.1.4. Spain

            12.3.1.5. UK

            12.3.1.6. BENELUX

            12.3.1.7. Russia

            12.3.1.8. Rest of Europe

        12.3.2. By Connectivity

        12.3.3. By Product 

        12.3.4. By End Use 

    12.4. Market Attractiveness Analysis

        12.4.1. By Country

        12.4.2. By Connectivity

        12.4.3. By Product 

        12.4.4. By End Use

13. East Asia Hazardous Area Equipment Market Analysis 2017-2021 and Forecast 2022-2026

    13.1. Introduction / Key Findings 

    13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    13.3. Current and Future Market  Value (US$ Mn)  Analysis and Forecast By Region, 2022-2026

        13.3.1. By Country

            13.3.1.1. China

            13.3.1.2. Japan

            13.3.1.3. South Korea

        13.3.2. By Connectivity

        13.3.3. By Product 

        13.3.4. By End Use

    13.4. Market Attractiveness Analysis

        13.4.1. By Country

        13.4.2. By Connectivity

        13.4.3. By Product 

        13.4.4. By End Use

14. South Asia & Oceania Hazardous Area Equipment Market Analysis 2017-2021 and Forecast 2022-2026

    14.1. Introduction / Key Findings 

    14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    14.3. Current and Future Market  Value (US$ Mn)  Analysis and Forecast By Region, 2022-2026

        14.3.1. By Country

            14.3.1.1. India 

            14.3.1.2. Thailand 

            14.3.1.3. Malaysia 

            14.3.1.4. Singapore 

            14.3.1.5. Vietnam 

            14.3.1.6. ANZ

            14.3.1.7. Rest of South Asia & Oceania

        14.3.2. By Connectivity

        14.3.3. By Product 

        14.3.4. By End Use

    14.4. Market Attractiveness Analysis

        14.4.1. By Country

        14.4.2. By Connectivity

        14.4.3. By Product 

        14.4.4. By End Use

15. Middle East and Africa Hazardous Area Equipment Market Analysis 2017-2021 and Forecast 2022-2026

    15.1. Introduction / Key Findings 

    15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    15.3. Current and Future Market  Value (US$ Mn)  Analysis and Forecast By Region, 2022-2026

        15.3.1. By Country

            15.3.1.1. GCC Countries

            15.3.1.2. South Africa

            15.3.1.3. Israel

            15.3.1.4. Rest of Middle East and Africa (MEA)

        15.3.2. By Connectivity

        15.3.3. By Product 

        15.3.4. By End Use

    15.4. Market Attractiveness Analysis

        15.4.1. By Country

        15.4.2. By Connectivity

        15.4.3. By Product 

        15.4.4. By End Use

16. Market Structure Analysis

    16.1. Market Analysis by Tier of Companies

    16.2. Market Concentration

    16.3. Market Share Analysis of Top Players

    16.4. Market Presence Analysis

17. Competition Analysis

    17.1. Competition Dashboard

    17.2. Competition Benchmarking

    17.3. Competition Deep Dive

    17.4. Federal Signal Corporation

        17.4.1. Company Overview

        17.4.2. Connectivity overview

        17.4.3. SWOT Analysis

        17.4.4. Key Developments

    17.5. Honeywell International Inc.

        17.5.1. Company Overview

        17.5.2. Connectivity overview

        17.5.3. SWOT Analysis

        17.5.4. Key Developments

    17.6. NHP Electric Engineering Products

        17.6.1. Company Overview

        17.6.2. Connectivity overview

        17.6.3. SWOT Analysis

        17.6.4. Key Developments

    17.7. Tomar Electronics Inc.

        17.7.1. Company Overview

        17.7.2. Connectivity overview

        17.7.3. SWOT Analysis

        17.7.4. Key Developments

    17.8. Patlite Corporation

        17.8.1. Company Overview

        17.8.2. Connectivity overview

        17.8.3. SWOT Analysis

        17.8.4. Key Developments

    17.9. Potter Signal Co.

        17.9.1. Company Overview

        17.9.2. Connectivity overview

        17.9.3. SWOT Analysis

        17.9.4. Key Developments

    17.10. E2S Warning Signals

        17.10.1. Company Overview

        17.10.2. Connectivity overview

        17.10.3. SWOT Analysis

        17.10.4. Key Developments

    17.11. Eaton Corporation Plc

        17.11.1. Company Overview

        17.11.2. Connectivity overview

        17.11.3. SWOT Analysis

        17.11.4. Key Developments

    17.12. Emerson Electric Co.

        17.12.1. Company Overview

        17.12.2. Connectivity overview

        17.12.3. SWOT Analysis

        17.12.4. Key Developments

    17.13. R. Stahl AG

        17.13.1. Company Overview

        17.13.2. Connectivity overview

        17.13.3. SWOT Analysis

        17.13.4. Key Developments

    17.14. Rockwell Automation

        17.14.1. Company Overview

        17.14.2. Connectivity overview

        17.14.3. SWOT Analysis

        17.14.4. Key Developments

    17.15. Siemens AG

        17.15.1. Company Overview

        17.15.2. Connectivity overview

        17.15.3. SWOT Analysis

        17.15.4. Key Developments

    17.16. WERMA Signaltechnik GmbH + Co. KG

        17.16.1. Company Overview

        17.16.2. Connectivity overview

        17.16.3. SWOT Analysis

        17.16.4. Key Developments

    17.17. ABB Ltd.

        17.17.1. Company Overview

        17.17.2. Connectivity overview

        17.17.3. SWOT Analysis

        17.17.4. Key Developments

18. Assumptions And Acronyms Used

19. Research Methodology

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List Of Table

Table 1: Global Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Connectivity, 2017-2021

Table 2: Global Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Connectivity, 2022-2026

Table 3: Global Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Connectivity, 2022-2026

Table 4: Global Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Product, 2017-2021

Table 5: Global Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Product, 2022-2026

Table 6: Global Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2026

Table 7: Global Hazardous Area Equipment Market Value (US$ Mn) Analysis, by End Use, 2017-2021

Table 8: Global Hazardous Area Equipment Market Value (US$ Mn) Analysis, by End Use, 2022-2026

Table 9: Global Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022-2026

Table 10: Global Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Region, 2017-2021

Table 11: Global Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Region, 2022-2026

Table 12: Global Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Region, 2022-2026

Table 13: North America Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Country, 2017-2021

Table 14: North America Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Country, 2022-2026

Table 15: North America Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2026

Table 16: North America Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Connectivity, 2017-2021

Table 17: North America Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Connectivity, 2022-2026

Table 18: North America Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Connectivity, 2022-2026

Table 19: North America Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Product, 2017-2021

Table 20: North America Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Product, 2022-2026

Table 21: North America Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2026

Table 22: North America Hazardous Area Equipment Market Value (US$ Mn) Analysis, by End Use, 2017-2021

Table 23: North America Hazardous Area Equipment Market Value (US$ Mn) Analysis, by End Use, 2022-2026

Table 24: North America Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022-2026

Table 25: Latin America Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Country, 2017-2021

Table 26: Latin America Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Country, 2022-2026

Table 27: Latin America Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2026

Table 28: Latin America Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Connectivity, 2017-2021

Table 29: Latin America Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Connectivity, 2022-2026

Table 30: Latin America Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Connectivity, 2022-2026

Table 31: Latin America Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Product, 2017-2021

Table 32: Latin America Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Product, 2022-2026

Table 33: Latin America Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2026

Table 34: Latin America Hazardous Area Equipment Market Value (US$ Mn) Analysis, by End Use, 2017-2021

Table 35: Latin America Hazardous Area Equipment Market Value (US$ Mn) Analysis, by End Use, 2022-2026

Table 36: Latin America Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022-2026

Table 37: Europe Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Country, 2017-2021

Table 38: Europe Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Country, 2022-2026

Table 39: Europe Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2026

Table 40: Europe Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Connectivity, 2017-2021

Table 41: Europe Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Connectivity, 2022-2026

Table 42: Europe Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Connectivity, 2022-2026

Table 43: Europe Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Product, 2017-2021

Table 44: Europe Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Product, 2022-2026

Table 45: Europe Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2026

Table 46: Europe Hazardous Area Equipment Market Value (US$ Mn) Analysis, by End Use, 2017-2021

Table 47: Europe Hazardous Area Equipment Market Value (US$ Mn) Analysis, by End Use, 2022-2026

Table 48: Europe Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022-2026

Table 49: East Asia Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Country, 2017-2021

Table 50: East Asia Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Country, 2022-2026

Table 51: East Asia Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2026

Table 52: East Asia Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Connectivity, 2017-2021

Table 53: East Asia Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Connectivity, 2022-2026

Table 54: East Asia Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Connectivity, 2022-2026

Table 55: East Asia Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Product, 2017-2021

Table 56: East Asia Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Product, 2022-2026

Table 57: East Asia Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2026

Table 58: East Asia Hazardous Area Equipment Market Value (US$ Mn) Analysis, by End Use, 2017-2021

Table 59: East Asia Hazardous Area Equipment Market Value (US$ Mn) Analysis, by End Use, 2022-2026

Table 60: East Asia Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022-2026

Table 61: South Asia & Oceania Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Country, 2017-2021

Table 62: South Asia & Oceania Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Country, 2022-2026

Table 63: South Asia & Oceania Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2026

Table 64: South Asia & Oceania Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Connectivity, 2017-2021

Table 65: South Asia & Oceania Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Connectivity, 2022-2026

Table 66: South Asia & Oceania Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Connectivity, 2022-2026

Table 67: South Asia & Oceania Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Product, 2017-2021

Table 68: South Asia & Oceania Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Product, 2022-2026

Table 69: South Asia & Oceania Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2026

Table 70: South Asia & Oceania Hazardous Area Equipment Market Value (US$ Mn) Analysis, by End Use, 2017-2021

Table 71: South Asia & Oceania Hazardous Area Equipment Market Value (US$ Mn) Analysis, by End Use, 2022-2026

Table 72: South Asia & Oceania Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022-2026

Table 73: MEA Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Country, 2017-2021

Table 74: MEA Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Country, 2022-2026

Table 75: MEA Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2026

Table 76: MEA Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Connectivity, 2017-2021

Table 77: MEA Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Connectivity, 2022-2026

Table 78: MEA Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Connectivity, 2022-2026

Table 79: MEA Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Product, 2017-2021

Table 80: MEA Hazardous Area Equipment Market Value (US$ Mn) Analysis, by Product, 2022-2026

Table 81: MEA Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2026

Table 82: MEA Hazardous Area Equipment Market Value (US$ Mn) Analysis, by End Use, 2017-2021

Table 83: MEA Hazardous Area Equipment Market Value (US$ Mn) Analysis, by End Use, 2022-2026

Table 84: MEA Hazardous Area Equipment Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022-2026

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List Of Figures

Figure 1: Global Hazardous Area Equipment Market Value (US$ Mn) Historical Analysis, 2017-2021

Figure 2: Global Hazardous Area Equipment Market Value (US$ Mn) Forecast and Analysis, 2022-2026

Figure 3: Global Hazardous Area Equipment Market Value Y-o-Y Growth and Forecast, 2017-2026

Figure 4: Global Hazardous Area Equipment Market Incremental $ Opportunity, 2022-2026

Figure 5: Global Hazardous Area Equipment Market Share and BPS Analysis by Connectivity, 2022 & 2026

Figure 6: Global Hazardous Area Equipment Market Y-o-Y Growth Projections by Connectivity, 2022-2026

Figure 7: Global Hazardous Area Equipment Market Attractiveness Analysis by Connectivity, 2022-2026

Figure 8: Global Hazardous Area Equipment Market Share and BPS Analysis by Product, 2022 & 2026

Figure 9: Global Hazardous Area Equipment Market Y-o-Y Growth Projections by Product, 2022-2026

Figure 10: Global Hazardous Area Equipment Market Attractiveness Analysis by Product, 2022-2026

Figure 11: Global Hazardous Area Equipment Market Share and BPS Analysis by End Use, 2022 & 2026

Figure 12: Global Hazardous Area Equipment Market Y-o-Y Growth Projections by End Use, 2022-2026

Figure 13: Global Hazardous Area Equipment Market Attractiveness Analysis by End Use, 2022-2026

Figure 14: Global Hazardous Area Equipment Market Share and BPS Analysis by Region, 2022 & 2026

Figure 15: Global Hazardous Area Equipment Market Y-o-Y Growth Projections by Region, 2022-2026

Figure 16: Global Hazardous Area Equipment Market Attractiveness Analysis by Region, 2022-2026

Figure 17: North America Hazardous Area Equipment Market Value (US$ Mn) Historical Analysis, 2017-2021

Figure 18: North America Hazardous Area Equipment Market Value (US$ Mn) Forecast and Analysis, 2022-2026

Figure 19: North America Hazardous Area Equipment Market Value Y-o-Y Growth and Forecast, 2017-2026

Figure 20: North America Hazardous Area Equipment Market Incremental $ Opportunity, 2022-2026

Figure 21: North America Hazardous Area Equipment Market Share Analysis by Country, 2022 & 2026

Figure 22: North America Hazardous Area Equipment Market Y-o-Y Growth Projection by Country, 2022-2026

Figure 23: North America Hazardous Area Equipment Market Attractiveness Analysis by Country, 2022-2026

Figure 24: North America Hazardous Area Equipment Market Share and BPS Analysis by Connectivity, 2022 & 2026

Figure 25: North America Hazardous Area Equipment Market Y-o-Y Growth Projections by Connectivity, 2022-2026

Figure 26: North America Hazardous Area Equipment Market Attractiveness Analysis by Connectivity, 2022-2026

Figure 27: North America Hazardous Area Equipment Market Share and BPS Analysis by Product, 2022 & 2026

Figure 28: North America Hazardous Area Equipment Market Y-o-Y Growth Projections by Product, 2022-2026

Figure 29: North America Hazardous Area Equipment Market Attractiveness Analysis by Product, 2022-2026

Figure 30: North America Hazardous Area Equipment Market Share and BPS Analysis by End Use, 2022 & 2026

Figure 31: North America Hazardous Area Equipment Market Y-o-Y Growth Projections by End Use, 2022-2026

Figure 32: North America Hazardous Area Equipment Market Attractiveness Analysis by End Use, 2022-2026

Figure 33: Latin America Hazardous Area Equipment Market Value (US$ Mn) Historical Analysis, 2017-2021

Figure 34: Latin America Hazardous Area Equipment Market Value (US$ Mn) Forecast and Analysis, 2022-2026

Figure 35: Latin America Hazardous Area Equipment Market Value Y-o-Y Growth and Forecast, 2017-2026

Figure 36: Latin America Hazardous Area Equipment Market Incremental $ Opportunity, 2022-2026

Figure 37: Latin America Hazardous Area Equipment Market Share Analysis by Country, 2022 & 2026

Figure 38: Latin America Hazardous Area Equipment Market Y-o-Y Growth Projection by Country, 2022-2026

Figure 39: Latin America Hazardous Area Equipment Market Attractiveness Analysis by Country, 2022-2026

Figure 40: Latin America Hazardous Area Equipment Market Share and BPS Analysis by Connectivity, 2022 & 2026

Figure 41: Latin America Hazardous Area Equipment Market Y-o-Y Growth Projections by Connectivity, 2022-2026

Figure 42: Latin America Hazardous Area Equipment Market Attractiveness Analysis by Connectivity, 2022-2026

Figure 43: Latin America Hazardous Area Equipment Market Share and BPS Analysis by Product, 2022 & 2026

Figure 44: Latin America Hazardous Area Equipment Market Y-o-Y Growth Projections by Product, 2022-2026

Figure 45: Latin America Hazardous Area Equipment Market Attractiveness Analysis by Product, 2022-2026

Figure 46: Latin America Hazardous Area Equipment Market Share and BPS Analysis by End Use, 2022 & 2026

Figure 47: Latin America Hazardous Area Equipment Market Y-o-Y Growth Projections by End Use, 2022-2026

Figure 48: Latin America Hazardous Area Equipment Market Attractiveness Analysis by End Use, 2022-2026

Figure 49: Europe Hazardous Area Equipment Market Value (US$ Mn) Historical Analysis, 2017-2021

Figure 50: Europe Hazardous Area Equipment Market Value (US$ Mn) Forecast and Analysis, 2022-2026

Figure 51: Europe Hazardous Area Equipment Market Value Y-o-Y Growth and Forecast, 2017-2026

Figure 52: Europe Hazardous Area Equipment Market Incremental $ Opportunity, 2022-2026

Figure 53: Europe Hazardous Area Equipment Market Share Analysis by Country, 2022 & 2026

Figure 54: Europe Hazardous Area Equipment Market Y-o-Y Growth Projection by Country, 2022-2026

Figure 55: Europe Hazardous Area Equipment Market Attractiveness Analysis by Country, 2022-2026

Figure 56: Europe Hazardous Area Equipment Market Share and BPS Analysis by Connectivity, 2022 & 2026

Figure 57: Europe Hazardous Area Equipment Market Y-o-Y Growth Projections by Connectivity, 2022-2026

Figure 58: Europe Hazardous Area Equipment Market Attractiveness Analysis by Connectivity, 2022-2026

Figure 59: Europe Hazardous Area Equipment Market Share and BPS Analysis by Product, 2022 & 2026

Figure 60: Europe Hazardous Area Equipment Market Y-o-Y Growth Projections by Product, 2022-2026

Figure 61: Europe Hazardous Area Equipment Market Attractiveness Analysis by Product, 2022-2026

Figure 62: Europe Hazardous Area Equipment Market Share and BPS Analysis by End Use, 2022 & 2026

Figure 63: Europe Hazardous Area Equipment Market Y-o-Y Growth Projections by End Use, 2022-2026

Figure 64: Europe Hazardous Area Equipment Market Attractiveness Analysis by End Use, 2022-2026

Figure 65: East Asia Hazardous Area Equipment Market Value (US$ Mn) Historical Analysis, 2017-2021

Figure 66: East Asia Hazardous Area Equipment Market Value (US$ Mn) Forecast and Analysis, 2022-2026

Figure 67: East Asia Hazardous Area Equipment Market Value Y-o-Y Growth and Forecast, 2017-2026

Figure 68: East Asia Hazardous Area Equipment Market Incremental $ Opportunity, 2022-2026

Figure 69: East Asia Hazardous Area Equipment Market Share Analysis by Country, 2022 & 2026

Figure 70: East Asia Hazardous Area Equipment Market Y-o-Y Growth Projection by Country, 2022-2026

Figure 71: East Asia Hazardous Area Equipment Market Attractiveness Analysis by Country, 2022-2026

Figure 72: East Asia Hazardous Area Equipment Market Share and BPS Analysis by Connectivity, 2022 & 2026

Figure 73: East Asia Hazardous Area Equipment Market Y-o-Y Growth Projections by Connectivity, 2022-2026

Figure 74: East Asia Hazardous Area Equipment Market Attractiveness Analysis by Connectivity, 2022-2026

Figure 75: East Asia Hazardous Area Equipment Market Share and BPS Analysis by Product, 2022 & 2026

Figure 76: East Asia Hazardous Area Equipment Market Y-o-Y Growth Projections by Product, 2022-2026

Figure 77: East Asia Hazardous Area Equipment Market Attractiveness Analysis by Product, 2022-2026

Figure 78: East Asia Hazardous Area Equipment Market Share and BPS Analysis by End Use, 2022 & 2026

Figure 79: East Asia Hazardous Area Equipment Market Y-o-Y Growth Projections by End Use, 2022-2026

Figure 80: East Asia Hazardous Area Equipment Market Attractiveness Analysis by End Use, 2022-2026

Figure 81: South Asia & Oceania Hazardous Area Equipment Market Value (US$ Mn) Historical Analysis, 2017-2021

Figure 82: South Asia & Oceania Hazardous Area Equipment Market Value (US$ Mn) Forecast and Analysis, 2022-2026

Figure 83: South Asia & Oceania Hazardous Area Equipment Market Value Y-o-Y Growth and Forecast, 2017-2026

Figure 84: South Asia & Oceania Hazardous Area Equipment Market Incremental $ Opportunity, 2022-2026

Figure 85: South Asia & Oceania Hazardous Area Equipment Market Share Analysis by Country, 2022 & 2026

Figure 86: South Asia & Oceania Hazardous Area Equipment Market Y-o-Y Growth Projection by Country, 2022-2026

Figure 87: South Asia & Oceania Hazardous Area Equipment Market Attractiveness Analysis by Country, 2022-2026

Figure 88: South Asia & Oceania Hazardous Area Equipment Market Share and BPS Analysis by Connectivity, 2022 & 2026

Figure 89: South Asia & Oceania Hazardous Area Equipment Market Y-o-Y Growth Projections by Connectivity, 2022-2026

Figure 90: South Asia & Oceania Hazardous Area Equipment Market Attractiveness Analysis by Connectivity, 2022-2026

Figure 91: South Asia & Oceania Hazardous Area Equipment Market Share and BPS Analysis by Product, 2022 & 2026

Figure 92: South Asia & Oceania Hazardous Area Equipment Market Y-o-Y Growth Projections by Product, 2022-2026

Figure 93: South Asia & Oceania Hazardous Area Equipment Market Attractiveness Analysis by Product, 2022-2026

Figure 94: South Asia & Oceania Hazardous Area Equipment Market Share and BPS Analysis by End Use, 2022 & 2026

Figure 95: South Asia & Oceania Hazardous Area Equipment Market Y-o-Y Growth Projections by End Use, 2022-2026

Figure 96: South Asia & Oceania Hazardous Area Equipment Market Attractiveness Analysis by End Use, 2022-2026

Figure 97: MEA Hazardous Area Equipment Market Value (US$ Mn) Historical Analysis, 2017-2021

Figure 98: MEA Hazardous Area Equipment Market Value (US$ Mn) Forecast and Analysis, 2022-2026

Figure 99: MEA Hazardous Area Equipment Market Value Y-o-Y Growth and Forecast, 2017-2026

Figure 100: MEA Hazardous Area Equipment Market Incremental $ Opportunity, 2022-2026

Figure 101: MEA Hazardous Area Equipment Market Share Analysis by Country, 2022 & 2026

Figure 102: MEA Hazardous Area Equipment Market Y-o-Y Growth Projection by Country, 2022-2026

Figure 103: MEA Hazardous Area Equipment Market Attractiveness Analysis by Country, 2022-2026

Figure 104: MEA Hazardous Area Equipment Market Share and BPS Analysis by Connectivity, 2022 & 2026

Figure 105: MEA Hazardous Area Equipment Market Y-o-Y Growth Projections by Connectivity, 2022-2026

Figure 106: MEA Hazardous Area Equipment Market Attractiveness Analysis by Connectivity, 2022-2026

Figure 107: MEA Hazardous Area Equipment Market Share and BPS Analysis by Product, 2022 & 2026

Figure 108: MEA Hazardous Area Equipment Market Y-o-Y Growth Projections by Product, 2022-2026

Figure 109: MEA Hazardous Area Equipment Market Attractiveness Analysis by Product, 2022-2026

Figure 110: MEA Hazardous Area Equipment Market Share and BPS Analysis by End Use, 2022 & 2026

Figure 111: MEA Hazardous Area Equipment Market Y-o-Y Growth Projections by End Use, 2022-2026

Figure 112: MEA Hazardous Area Equipment Market Attractiveness Analysis by End Use, 2022-2026

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- FAQs -

What is the hazardous area equipment market size in 2022?

In 2022, the global hazardous area equipment market is valued at US$ 6.5 billion.

What is the estimated value of the hazardous area equipment market?

The hazardous area systems market is projected to account for a revenue of US$ 8.7 billion by the end of 2026.

At what CAGR will the hazardous area equipment market expand through 2026?

From 2022 to 2026, the market for hazardous area equipment is anticipated to progress at a high CAGR 6.5%.

What is majorly driving demand for hazardous area equipment?

Increasing focus on occupational safety and stringent mandates to regulate the same will majorly drive demand for hazardous area equipment through 2026.

What is the U.S. hazardous area equipment market value at present?

The market for hazardous area equipment in the U.S. accounts for US$ 1.7 billion in 2022.

What statistics are revealed for China in the study?

Demand for hazardous area equipment in China is projected to rise at a CAGR of 7.4% and reach US$ 799 million by 2026.

Hazardous Area Equipment Market

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