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Global Electrical Explosion Proof Equipment Market 2017-2021

Global Electrical Explosion Proof Equipment Market 2017-2021

About Electrical Explosion Proof Equipment

Electrical explosions occur mostly due to sparks and high energy electrical arcs in industries. Electrical explosion proof equipment can prevent an imminent explosion or withstand explosions caused due to electrical sparks, arcs, or heat generated from any electrical apparatus. The global electrical explosion proof equipment market encompasses electrical explosion proof equipment used in both industrial and non-industrial applications.

Technavio’s analysts forecast the global electrical explosion proof equipment market to grow at a CAGR of 3.58% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global electrical explosion proof equipment market for 2017-2021. To calculate the market size, the report considers new installations, sales, retrofit, and replacement market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Electrical Explosion Proof Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Eaton
  • Emerson
  • Pepperl+Fuchs
  • R. STAHL
  • WEG
Other prominent vendors
  • Atex System
  • China Helon Explosion-proof Electric
  • Miretti
  • BARTEC FEAM
  • VIMEX
Market driver
  • Preventing loss of workhours due to potential hazards
  • For a full, detailed list, view our report
Market challenge
  • Fluctuating prices of raw materials
  • For a full, detailed list, view our report
Market trend
  • Rising focus on explosion prevention
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Electrical Explosion Proof Equipment Market 2017-2021

Technavio recognizes the following companies as the key players in the global electrical explosion proof equipment market: Eaton, Emerson, Pepperl+Fuchs, R. STAHL, and WEG.

Other Prominent Vendors in the market are: Atex System, China Helon Explosion-proof Electric, Miretti, BARTEC FEAM, and VIMEX.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rising focus on explosion prevention. The increasing need to improve the safety in industrial areas has improved the adoption rate of explosion protection devices. The snowballing rise in the number of explosions has prompted industries to increasingly focus on explosion prevention. The need to contain an explosion and to eliminate situations that can create one have emerged as paramount priorities in industries.”

According to the report, one driver in the market is preventing loss of workhours due to potential hazards. Industrial hazard not only causes loss of life and resources but also the loss of workhours. The occurrence of a hazard in workplaces affects equipment and employees nearby. In the case of any damage to equipment, the related work remains stalled for an undesirable number of workhours. This, in turn, keeps other related processes on hold. This loss in the number of workhours affects the productivity in companies and incurs a loss in terms of output.

Further, the report states that one challenge in the market is fluctuating prices of raw materials. The fluctuating price of raw materials used for manufacturing electrical explosion proof equipment will remain a challenge hindering the growth of the market during the forecast period. Enclosures, encapsulations, and conduit and cable seals require materials such as iron, aluminum, and steel for their production. Prices of these raw materials keep fluctuating throughout the year. These variations can be a result of price wars between raw material suppliers or due to change in export and import regulations of the supplying nation.

Companies Mentioned

Eaton, Emerson, Pepperl+Fuchs, R. STAHL, WEG, Atex System, China Helon Explosion-proof Electric, Miretti, BARTEC FEAM, and VIMEX.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Global explosion proof equipment market 2016-2021 ($ millions)
  • Market landscape
    • Market overview
      • Table Value chain for global electrical explosion proof equipment market
      • Table Key stakeholder analysis
    • Market size and forecast
      • Table Global electrical explosion proof equipment market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type of proofing
    • Market overview
      • Table Global electrical explosion proof equipment market by type of proofing (% revenue)
    • Global electrical explosion proof equipment market by enclosures
      • Table Global electrical explosion proof equipment market by enclosures 2016-2021 ($ millions)
    • Global electrical explosion proof equipment market by encapsulations
      • Table Global electrical explosion proof equipment market by encapsulation 2016-2021 ($ millions)
    • Global electrical explosion proof equipment market by conduit and cable seals
      • Table Global electrical explosion proof equipment market by conduit and cable seals, 2016-2021 ($ millions)
  • Market segmentation by application
    • Market overview
      • Table Use of electrical explosion proof equipment based on application
      • Table Global electrical explosion proof equipment market by application 2016-2021 (% revenue)
    • Global electrical explosion proof equipment market by industrial applications
      • Table Global electrical explosion proof equipment market by industrial applications 2016-2021 ($ millions)
      • Table Major product segments in the consumer electronics category
    • Global electrical explosion proof equipment market by non-industrial applications
      • Table Global electrical explosion proof equipment market by non-industrial applications, 2016-2021 ($ millions)
      • Table Different segments of the hospitality industry
  • Geographical segmentation
    • Market overview
      • Table Electrical explosion proof equipment market by geography 2016-2021 (% revenue)
    • Electrical explosion proof equipment market in Americas
      • Table Electrical explosion proof equipment market in Americas 2016-2021 ($ millions)
    • Electrical explosion proof equipment market in APAC
      • Table Electrical explosion proof equipment market in APAC 2016-2021 ($ millions)
    • Electrical explosion proof equipment market in EMEA
      • Table Electrical explosion proof equipment market in EMEA, 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table List of regulatory bodies for explosion proofing of electrical equipment
    • Market challenges
  • Market trends
    • Rising focus on explosion prevention
    • Increasing need for emergency response systems and safety sensors
    • Growing focus on training workers on industrial safety
  • Competitive analysis
    • Competition overview
  • Key vendor analysis
    • Eaton
      • Table Eaton: Products offered in global electrical explosion proof equipment market
      • Table Recent developments in Eaton
    • Emerson
      • Table Emerson: product categories
      • Table Product offerings of Emerson in global electrical explosion proof equipment market
      • Table Recent developments in Emerson
    • Pepperl+Fuchs
      • Table Product categories of Pepperl+Fuchs
      • Table Product offerings of Pepperl+Fuchs in global electrical explosion proof equipment market
      • Table Recent developments in Pepperl+Fuchs
    • R. STAHL
      • Table Product categories of R. STAHL in the explosion-protection category
      • Table Product offerings of R. STAHL in global electrical explosion proof equipment market
      • Table Recent developments in R. STAHL
    • WEG
      • Table Product categories of WEG
      • Table Product offerings of WEG in electrical explosion proof equipment market
      • Table Recent development in WEG
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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