Industrial, Manufacturing & Heavy Industry Market News

Recent research: Global hazardous area equipment market growing at CAGR of 6.76% during 2017- 2024

Industrial Market Research

Global Hazardous Area Equipment Market with figures as recent as 2017 and forecasts up to 2024 provides an overview of the industry including its definition, size, share, growth, applications and manufacturing technology. Report also explores the major industry players in detail as well as company profile, product specifications, capacity and production value.

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The Global Hazardous Area Equipment Market accounted for USD 7.64 billion in 2016 growing at a CAGR of 6.76% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Hazardous Area Equipment Market  By Geography; Product Type (Cable Glands & Accessories, Process Instruments, Industrial Controls, Motors, Strobe Beacons, Lighting Products, Sensors, Bells & Horns, Fire Alarms/Call Points, Speakers & Tone Generators, Visual & Audible Combination Units); Connectivity Service (Wired Connectivity Service, Wireless Connectivity Service); Industry (Oil & Gas, Chemical & Pharmaceutical, Food & Beverage, Energy & Power, Mining) – Industry Trends and Forecast to 2024

Competitive Analysis: 

The report for global hazardous area equipment market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others.

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The report also measures technology life line curve and market time line to analyze and do more affective investments.

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 Major Market Competitors: 

Some of the major players of the global hazardous area equipment market are :-

  • Siemens Ag;
  • Honeywell International, Inc.,
  • ABB Ltd,
  • Rockwell Automation, Inc.,
  • Eaton Corporation PLC,
  • Emerson Electric & Co.,
  • R. Stahl Ag, Patlite Corporation,
  • E2S Warning Signals,
  • NHP Electrical Engineering Products Pty. Ltd., 
  • Werma Signaltek, 
  • Federal Signal Corporation, 
  • Potter Signal Co., 
  • Qunitex GmbH, 
  • Tomar Electronics, 
  • Pepperl+Fuchs, Inc., 
  • Extronics Ltd., 
  • Pelco, 
  • Hawke International, 
  • Cortem Group, 
  • Mhe Demag (S) Pte Ltd.,
  • Marechal Electric, 
  • Jb Systems, 
  • Petrel Ltd.,
  • Industratech
  • others.

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Market Segmentation:

On the basis of product type:- cable glands & accessories, process instruments, industrial controls, motors, strobe beacons, lighting products, sensors, bells & horns, fire alarms/call points, speakers & tone generators, visual & audible combination units.

On the basis of connectivity service:- wired connectivity service, and wireless connectivity service.

On the basis of application:- Oil & gas, chemical & pharmaceutical, food & beverage, energy & power, mining, and others.

On the basis of geography:- North America, South America, Europe, Asia-Pacific, and Middle East & Africa. 

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