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Hazardous Area Equipment Market by Product (Cable Glands and Accessories, Industrial Controls, Process Instruments, Strobe Beacons, Lighting, Fire Alarms), Connectivity Service (Wired, and Wireless), Industry, and Geography - Global Forecast to 2022

Hazardous Area Equipment Market by Product (Cable Glands and Accessories, Industrial Controls, Process Instruments, Strobe Beacons, Lighting, Fire Alarms), Connectivity Service (Wired, and Wireless), Industry, and Geography - Global Forecast to 2022

“Increased usage of cable glands and accessories across diverse explosion-prone industries is fueling the growth of the hazardous area equipment market”
The hazardous area equipment market was valued at USD 6.24 billion in 2016 and is expected to reach USD 8.82 billion by 2022, at a CAGR of 5.74% during the forecast period. Wide usage of cable glands for almost all processes and equipment in hazardous areas is resulting in the growing adoption of cable glands. Cable glands are greatly influenced by the hazardous area equipment market; these are most widely used products by almost every industry in the modern era and are posing opportunities for the industry players to invest in these products. The growing focus on increasing safety measures in industries, especially process and cooling, is creating a good demand for flame- and explosion-proof hazardous area equipment. Thus, the global hazardous area equipment market is expected to witness a steady growth in the coming years. However, the key factor that is limiting the growth of this market is the usage of wireless hazardous area equipment, which may cause ignition on industry premises due to electromagnetic waves emitted by them. Also, high maintenance costs associated with hazardous area equipment act as a restraint for the market to grow further.

“The hazardous area equipment market for the oil & gas industry is expected to grow at a high rate during the forecast period”
The hazardous area equipment market for the oil & gas industry held the largest market size in 2016 and is expected to grow at the highest CAGR between 2017 and 2022. Fueled by the growing application of these hazardous area equipment such as industrial controls, process instruments, motors, strobe beacons, lighting products, and so on in the exploration and extraction of shale gas and oil; this industry segment is likely to retain its leading position till 2022.

“RoW and North America are the major markets for hazardous area equipment”
The RoW region consists of the Middle East, Africa, and Latin America is expected to hold the largest share and the market in this region is expected to grow at the high during the forecast period. The Middle East and Africa are the major countries driving the growth of the hazardous area equipment market in RoW. A significant number of prominent oil & gas and mining industries, which are highly prone to explosive environments, are based in North America and APAC. This is one of the major factors driving the growth of the hazardous area equipment market in RoW. On the other hand, North America followed the RoW market in 2016, owing to major hazardous area equipment manufacturing companies based out here; this region is expected to grow further in the coming years of the hazardous area equipment market.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key people in the hazardous area equipment industry. The break-up of primary participants for the report has been shown below:
• By Company Type: Tier 1 – 35 %, Tier 2 – 45%, and Tier 3 – 20%
• By Designation: C-Level Executives – 35%, Directors – 25%, and Others – 40%
• By Region: North America – 45%, Europe – 20%, APAC – 30%, and RoW – 5%

The report also profiles the key players in the hazardous area equipment market and analyzes their market ranking. The prominent players profiled in this report are Honeywell International, Inc. (US), PATLITE Corporation (US), Eaton Corporation Plc (US), Siemens AG (Germany), Emerson Electric Co. (US), NHP Electric Engineering Products (Australia), Rockwell Automation (US), E2S Warning Signals (US), ABB Ltd. (Switzerland), and R.STAHL AG (Germany), among others.

Research Coverage:
This research report categorizes the hazardous area equipment market on the basis of product type, connectivity service, industry, and geography. The report also provides the Porter’s five forces analysis, and their respective impact on the hazardous area equipment; description of major drivers, restraints, challenges, and opportunities pertaining to the market; value chain analysis; and market ranking analysis.

Reasons to Buy the Report:
The report would help leaders/new entrants in this market in the following ways:
1. This report segments the hazardous area equipment market comprehensively and provides the closest market size estimation for all subsegments across different regions.
2. The report helps stakeholders understand the pulse of the market and provides them with the information on key drivers, restraints, challenges, and opportunities for market growth.
3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, product launches and developments, partnerships, and mergers and acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED
    • CURRENCY
    • PACKAGE SIZE
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • SECONDARY AND PRIMARY RESEARCH
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • SIGNIFICANT MARKET OPPORTUNITIES IN THE HAZARDOUS AREA EQUIPMENT MARKET
    • HAZARDOUS AREA EQUIPMENT MARKET ANALYSIS, BY PRODUCT TYPE
    • HAZARDOUS AREA EQUIPMENT MARKET ANALYSIS, BY CONNECTIVITY SERVICE
    • HAZARDOUS AREA EQUIPMENT MARKET ANALYSIS, BY INDUSTRY
    • HAZARDOUS AREA EQUIPMENT MARKET SHARE, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • HAZARDOUS AREA EQUIPMENT MARKET, BY PRODUCT TYPE
    • INTRODUCTION
      • Table HAZARDOUS AREA EQUIPMENT MARKET SIZE, BY PRODUCT TYPE, 2014–2022 (USD MILLION)
      • Table HAZARDOUS AREA EQUIPMENT MARKET SIZE, BY PRODUCT TYPE, 2014–2022 (THOUSAND UNITS)
    • CABLE GLANDS & ACCESSORIES
      • Table CABLE GLANDS & ACCESSORIES MARKET SIZE, BY INDUSTRY, 2014–2022 (USD MILLION)
      • Table CABLE GLANDS & ACCESSORIES MARKET SIZE, BY INDUSTRY, 2014–2022 (THOUSAND UNITS)
    • PROCESS INSTRUMENTS
      • Table PROCESS INSTRUMENT PRODUCT MARKET SIZE, BY INDUSTRY, 2014–2022 (USD MILLION)
      • Table PROCESS INSTRUMENT PRODUCT MARKET SIZE, BY INDUSTRY, 2014–2022 (THOUSAND UNITS)
    • INDUSTRIAL CONTROLS
      • Table INDUSTRIAL CONTROLS MARKET SIZE, BY INDUSTRY, 2014–2022 (USD MILLION)
      • Table INDUSTRIAL CONTROLS MARKET SIZE, BY INDUSTRY, 2014–2022 (THOUSAND UNITS)
    • MOTORS
      • Table MOTORS MARKET SIZE, BY INDUSTRY, 2014–2022 (USD MILLION)
      • Table MOTORS MARKET SIZE, BY INDUSTRY, 2014–2022 (THOUSAND UNITS)
    • STROBE BEACONS
      • Table STROBE BEACONS MARKET SIZE, BY INDUSTRY, 2014–2022 (USD MILLION)
      • Table STROBE BEACONS MARKET SIZE, BY INDUSTRY, 2014–2022 (THOUSAND UNITS)
    • LIGHTING PRODUCTS
      • Table LIGHTING PRODUCTS MARKET SIZE, BY INDUSTRY, 2014–2022 (USD MILLION)
      • Table LIGHTING PRODUCTS MARKET SIZE, BY INDUSTRY, 2014–2022 (THOUSAND UNITS)
    • SENSORS
      • Table SENSORS MARKET SIZE, BY INDUSTRY, 2014–2022 (USD MILLION)
      • Table SENSORS MARKET SIZE, BY INDUSTRY, 2014–2022 (THOUSAND UNITS)
    • BELLS & HORNS
      • Table BELLS & HORNS MARKET SIZE, BY INDUSTRY, 2014–2022 (USD MILLION)
      • Table BELLS & HORNS MARKET SIZE, BY INDUSTRY, 2014–2022 (THOUSAND UNITS)
    • FIRE ALARMS/CALL POINTS
      • Table FIRE ALARMS/CALL POINTS MARKET SIZE, BY INDUSTRY, 2014–2022 (USD MILLION)
      • Table FIRE ALARMS/CALL POINTS MARKET SIZE, BY INDUSTRY, 2014–2022 (THOUSAND UNITS)
    • SPEAKERS & TONE GENERATORS
      • Table SPEAKERS & TONE GENERATORS MARKET SIZE, BY INDUSTRY, 2014–2022 (USD MILLION)
      • Table SPEAKERS & TONE GENERATORS MARKET SIZE, BY INDUSTRY, 2014–2022 (THOUSAND UNITS)
    • VISUAL & AUDIBLE COMBINATION UNITS
      • Table VISUAL & AUDIBLE COMBINATION UNITS MARKET SIZE, BY INDUSTRY, 2014–2022 (USD MILLION)
      • Table VISUAL & AUDIBLE COMBINATION UNITS MARKET SIZE, BY INDUSTRY, 2014–2022 (THOUSAND UNITS)
  • HAZARDOUS AREA EQUIPMENT MARKET, BY CONNECTIVITY SERVICE
    • INTRODUCTION
      • Table HAZARDOUS AREA EQUIPMENT MARKET SIZE, BY CONNECTIVITY SERVICE, 2014–2022 (USD MILLION)
    • WIRED CONNECTIVITY SERVICE
    • WIRELESS CONNECTIVITY SERVICE
  • HAZARDOUS AREA EQUIPMENT MARKET, BY INDUSTRY
    • INTRODUCTION
      • Table HAZARDOUS AREA EQUIPMENT MARKET, BY INDUSTRY, 2014–2022 (USD MILLION)
    • OIL & GAS
      • Table HAZARDOUS AREA EQUIPMENT MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2014–2022 (USD MILLION)
      • Table NORTH AMERICA; HAZARDOUS AREA EQUIPMENT MARKET FOR OIL & GAS INDUSTRY, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table EUROPE: HAZARDOUS AREA EQUIPMENT MARKET FOR OIL & GAS INDUSTRY, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table ASIA-PACIFIC: HAZARDOUS AREA EQUIPMENT MARKET FOR OIL & GAS INDUSTRY, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table ROW: HAZARDOUS AREA EQUIPMENT MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2014–2022 (USD MILLION)
    • HEMICAL & PHARMACEUTICAL
      • Table HAZARDOUS AREA EQUIPMENT MARKET FOR CHEMICAL & PHARMACEUTICAL INDUSTRY, BY REGION, 2014–2022 (USD MILLION)
      • Table NORTH AMERICA: HAZARDOUS AREA EQUIPMENT MARKET FOR CHEMICAL & PHARMACEUTICAL INDUSTRY, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table EUROPE: HAZARDOUS AREA EQUIPMENT MARKET FOR OIL & GAS INDUSTRY, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table ASIA-PACIFIC: HAZARDOUS AREA EQUIPMENT MARKET FOR CHEMICAL & PHARMACEUTICAL INDUSTRY, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table ROW: HAZARDOUS AREA EQUIPMENT MARKET FOR CHEMICAL & PHARMACEUTICAL INDUSTRY, BY REGION, 2014–2022 (USD MILLION)
    • FOOD & BEVERAGE
      • Table HAZARDOUS AREA EQUIPMENT MARKET FOR FOOD & BEVERAGE INDUSTRY, BY REGION, 2014–2022 (USD MILLION)
      • Table NORTH AMERICA: HAZARDOUS AREA EQUIPMENT MARKET FOR FOOD & BEVERAGE INDUSTRY, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table EUROPE: HAZARDOUS AREA EQUIPMENT MARKET FOR FOOD & BEVERAGE INDUSTRY, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table ASIA-PACIFIC: HAZARDOUS AREA EQUIPMENT MARKET FOR FOOD & BEVERAGE INDUSTRY, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table ROW: HAZARDOUS AREA EQUIPMENT MARKET FOR FOOD & BEVERAGE INDUSTRY, BY REGION, 2014–2022 (USD MILLION)
    • ENERGY & POWER
      • Table HAZARDOUS AREA EQUIPMENT MARKET FOR THE ENERGY & POWER INDUSTRY, BY REGION, 2014–2022 (USD MILLION)
      • Table NORTH AMERICA: HAZARDOUS AREA EQUIPMENT MARKET FOR ENERGY & POWER INDUSTRY, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table EUROPE: HAZARDOUS AREA EQUIPMENT MARKET FOR ENERGY & POWER INDUSTRY, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table ASIA-PACIFIC: HAZARDOUS AREA EQUIPMENT MARKET FOR ENERGY & POWER INDUSTRY, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table ROW: HAZARDOUS AREA EQUIPMENT MARKET FOR ENERGY & POWER INDUSTRY, BY REGION, 2014–2022 (USD MILLION)
    • MINING
      • Table HAZARDOUS AREA EQUIPMENT MARKET FOR MINING INDUSTRY, BY REGION, 2014–2022 (USD MILLION)
      • Table NORTH AMERICA: HAZARDOUS AREA EQUIPMENT MARKET FOR MINING INDUSTRY, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table EUROPE: HAZARDOUS AREA EQUIPMENT MARKET FOR MINING INDUSTRY, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table ASIA-PACIFIC: HAZARDOUS AREA EQUIPMENT MARKET FOR MINING INDUSTRY, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table ROW: HAZARDOUS AREA EQUIPMENT MARKET FOR MINING INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
    • OTHERS
      • Table HAZARDOUS AREA EQUIPMENT MARKET FOR OTHER INDUSTRIES, BY REGION, 2014–2022 (USD MILLION)
      • Table NORTH AMERICA: HAZARDOUS AREA EQUIPMENT MARKET FOR OTHER INDUSTRIES, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table EUROPE: HAZARDOUS AREA EQUIPMENT MARKET FOR OTHER INDUSTRIES, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table ASIA-PACIFIC: HAZARDOUS AREA EQUIPMENT MARKET FOR OTHER INDUSTRIES, BY COUNTRY, 2014–2022 (USD MILLION)
      • Table ROW: HAZARDOUS AREA EQUIPMENT MARKET FOR OTHER INDUSTRIES, BY REGION, 2013–2022 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table HAZARDOUS AREA EQUIPMENT MARKET, BY REGION, 2014–2022 (USD MILLION)
    • NORTH AMERICA
      • U.S.
      • CANADA
      • MEXICO
        • Table NORTH AMERICA: HAZARDOUS AREA EQUIPMENT MARKET , BY COUNTRY, 2014–2022 (USD MILLION)
    • EUROPE
      • RUSSIA
      • GERMANY
      • U.K.
      • REST OF EUROPE
        • Table EUROPE: HAZARDOUS AREA EQUIPMENT MARKET SIZE, BY COUNTRY, 2014–2022 (USD MILLION)
    • ASIA-PACIFIC
      • CHINA
      • INDIA
      • JAPAN
      • SOUTH KOREA
      • REST OF ASIA-PACIFIC
        • Table ASIA-PACIFIC: HAZARDOUS AREA EQUIPMENT MARKET SIZE, BY COUNTRY, 2014–2022 (USD MILLION)
    • REST OF THE WORLD (ROW)
      • MIDDLE EAST & AFRICA
      • LATIN AMERICA
        • Table ROW: HAZARDOUS AREA EQUIPMENT MARKET SIZE, BY REGION, 2014–2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS
      • Table MARKET RANKING ANALYSIS IN THE HAZARDOUS AREA EQUIPMENT MARKET, 2016
    • COMPETITIVE SITUATION AND TRENDS
      • NEW PRODUCT LAUNCHES/DEVELOPMENTS
        • Table NEW PRODUCT LAUNCHES/DEVELOPMENTS, 2016
      • AGREEMENTS, PARTNERSHIPS, AND EXPANSIONS
        • Table AGREEMENTS, PARTNERSHIPS, AND EXPANSIONS, 2014–2016
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2016
    • VENDOR DIVE OVERVIEW
      • VANGUARDS (LEADERS)
      • DYNAMIC
      • INNOVATORS
      • EMERGING
    • BUSINESS STRATEGIES ADOPTED BY THE MAJOR PLAYERS IN THE HAZARDOUS AREA EQUIPMENT MARKET
    • ANALYSIS OF PRODUCT PORTFOLIO OF MAJOR PLAYERS IN THE HAZARDOUS AREA EQUIPMENT MARKET
  • COMPANY PROFILE
    • INTRODUCTION
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • HONEYWELL INTERNATIONAL, INC.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • ABB LTD.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • ROCKWELL AUTOMATION, INC.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • EATON CORPORATION PLC (COOPER INDUSTRIES)
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • EMERSON ELECTRIC CO.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • PATLITE CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • R. STAHL AG
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • E2S WARNING SIGNALS
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • NHP ELECTRICAL ENGINEERING PRODUCTS PTY LTD.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • KEY INNOVATORS
      • WERMA SIGNALTECHNIK GMBH
      • FEDERAL SIGNAL CORPORATION
      • POTTER ELECTRIC SIGNAL COMPANY, LLC
      • TOMAR ELECTRONICS, INC.
      • QUINTEX GMBH
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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