South America Explosion Proof Equipment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By System (Junction Boxes & Enclosures, Lighting System, Monitoring System, Signaling Devices, Automation System, Cable Glands, HVAC Systems, and Other
Description
South America Explosion Proof Equipment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By System (Junction Boxes & Enclosures, Lighting System, Monitoring System, Signaling Devices, Automation System, Cable Glands, HVAC Systems, and Others), Protection Method (Explosion Prevention, Explosion Containment, and Explosion Segregation), and Industry (Pharmaceutical, Mining, Oil & Gas, Manufacturing, Food Processing, Energy & Power, Chemical & Petrochemical, and Others)
The explosion proof equipment market in SAM is expected to grow from US$ 175.46 million in 2021 to US$ 239.62 million by 2028. It is estimated to grow at a CAGR of 4.6% from 2021 to 2028.
Over the period, Io T has emerged as the most popular trend, nearly being associated with every technology. Whether it is manufacturing or other industries, Io T is linked to everything. The biggest problem with the construction, manufacturing, and agriculture industries is that they tend to have the highest incident/accident rates. Besides having enormous risks for workers working in hazardous locations, accidents at factories cost millions of dollars in medical expenses, damaged goods, and high insurance premiums every year for operators and workers. Multiple interconnected machines and devices work in harmony, and a minor lapse in judgment can lead to deadly outcomes. Therefore, many businesses are now creating Io T-enabled environments to remove the guesswork from manual processes. Smart monitoring allows workers to make correct decisions and, at the same time, stay out of risk.
Io T systems offer multiple benefits for businesses, including improving equipment use, reducing incidents due to damaged machinery, and monitoring toxic substances. Firstly, Io T devices allow workers to monitor all industrial processes without coming close to dangerous equipment with the help of deploying several Wi-Fi-enabled beacons attached to the machines. Secondly, Io T detects damaged machinery with the use of implanted sensors.
Sensors help monitor and detect physical parameters of any machinery, including voltage, temperature, and humidity in actual time. Similarly, working in the manufacturing & construction industry leads to the production of toxic substances. Long-term exposure to toxic substances could affect workers' health. Wearing Io T-enabled smart-wear can track parameters to notice the signs of fatigue and nausea, encouraging the worker to take regular breaks and leave the area temporarily if there is a spike in toxic gas activities. Therefore, with the evolution of Industry 4.0, the Io T used in factories is increasingly being able to provide safety to workers and operators. Thus, with the collaboration with Io T, the demand for the SAM explosion proof equipment market is expected to increase during the forecast period.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM explosion proof equipment market at a substantial CAGR during the forecast period.
SAM Explosion Proof Equipment Market Revenue and Forecast to 2028 (US$ Million)
SAM Explosion Proof Equipment Market Segmentation
SAM Explosion Proof Equipment Market - By System
Junction Boxes & Enclosures Lighting System Monitoring System Signaling Devices Automation System Cable Glands HVAC Systems Others SAM Explosion Proof Equipment Market - By Protection Method
Explosion Prevention Explosion Containment Explosion Segregation SAM Explosion Proof Equipment Market - By Industry
Pharmaceutical Mining Oil & Gas Manufacturing Food Processing Energy & Power Chemical & Petrochemical Others SAM Explosion Proof Equipment Market, by Country
Brazil Argentina Rest of SAMSAM Explosion Proof Equipment Market - Companies Mentioned
ABB Ltd BARTEC Group Eaton Corporation plc Emerson Electric Co. Hubbell Incorporated Rockwell Automation, Inc. Siemens AG
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM explosion proof equipment market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the SAM explosion proof equipment market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the explosion proof equipment market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
The explosion proof equipment market in SAM is expected to grow from US$ 175.46 million in 2021 to US$ 239.62 million by 2028. It is estimated to grow at a CAGR of 4.6% from 2021 to 2028.
Over the period, Io T has emerged as the most popular trend, nearly being associated with every technology. Whether it is manufacturing or other industries, Io T is linked to everything. The biggest problem with the construction, manufacturing, and agriculture industries is that they tend to have the highest incident/accident rates. Besides having enormous risks for workers working in hazardous locations, accidents at factories cost millions of dollars in medical expenses, damaged goods, and high insurance premiums every year for operators and workers. Multiple interconnected machines and devices work in harmony, and a minor lapse in judgment can lead to deadly outcomes. Therefore, many businesses are now creating Io T-enabled environments to remove the guesswork from manual processes. Smart monitoring allows workers to make correct decisions and, at the same time, stay out of risk.
Io T systems offer multiple benefits for businesses, including improving equipment use, reducing incidents due to damaged machinery, and monitoring toxic substances. Firstly, Io T devices allow workers to monitor all industrial processes without coming close to dangerous equipment with the help of deploying several Wi-Fi-enabled beacons attached to the machines. Secondly, Io T detects damaged machinery with the use of implanted sensors.
Sensors help monitor and detect physical parameters of any machinery, including voltage, temperature, and humidity in actual time. Similarly, working in the manufacturing & construction industry leads to the production of toxic substances. Long-term exposure to toxic substances could affect workers' health. Wearing Io T-enabled smart-wear can track parameters to notice the signs of fatigue and nausea, encouraging the worker to take regular breaks and leave the area temporarily if there is a spike in toxic gas activities. Therefore, with the evolution of Industry 4.0, the Io T used in factories is increasingly being able to provide safety to workers and operators. Thus, with the collaboration with Io T, the demand for the SAM explosion proof equipment market is expected to increase during the forecast period.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM explosion proof equipment market at a substantial CAGR during the forecast period.
SAM Explosion Proof Equipment Market Revenue and Forecast to 2028 (US$ Million)
SAM Explosion Proof Equipment Market Segmentation
SAM Explosion Proof Equipment Market - By System
Junction Boxes & Enclosures Lighting System Monitoring System Signaling Devices Automation System Cable Glands HVAC Systems Others SAM Explosion Proof Equipment Market - By Protection Method
Explosion Prevention Explosion Containment Explosion Segregation SAM Explosion Proof Equipment Market - By Industry
Pharmaceutical Mining Oil & Gas Manufacturing Food Processing Energy & Power Chemical & Petrochemical Others SAM Explosion Proof Equipment Market, by Country
Brazil Argentina Rest of SAMSAM Explosion Proof Equipment Market - Companies Mentioned
ABB Ltd BARTEC Group Eaton Corporation plc Emerson Electric Co. Hubbell Incorporated Rockwell Automation, Inc. Siemens AG
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM explosion proof equipment market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the SAM explosion proof equipment market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the explosion proof equipment market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
131 Pages
- 1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. SAM Explosion Proof Equipment Market Landscape
- 4.1 market overview
- 4.2 SAM PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 5. SAM Explosion Proof Equipment Market - Key Industry Dynamics
- 5.1 Key Market Drivers
- 5.1.1 Visible Growth in Oil & Gas Industry
- 5.1.2 Rising Usage of Explosion Proof LED Lights
- 5.1.3 Industrial Safety Measures Getting Preference
- 5.2 Key Market Restraint
- 5.2.1 Difficulties in Installation of Explosion Proof Equipment
- 5.3 Key Market Opportunity
- 5.3.1 Construction Sector Witnessing High Growth
- 5.4 Future Trend
- 5.4.1 Collaboration with IoT
- 5.5 Impact Analysis
- 6. Explosion Proof Equipment Market- SAM Analysis
- 6.1 Overview
- 6.2 SAM Explosion Proof Equipment Market Forecast and Analysis
- 7. SAM Explosion Proof Equipment Market - By Systems
- 7.1 Overview
- 7.2 SAM Explosion Proof Equipment Market, by Systems (2020 and 2028)
- 7.3 Junction Boxes & Enclosures
- 7.3.1 Overview
- 7.3.2 Junction Boxes & Enclosures: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 7.4 Lighting System
- 7.4.1 Overview
- 7.4.2 Lighting System: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 7.5 Monitoring System
- 7.5.1 Overview
- 7.5.2 Monitoring System: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 7.6 Signaling Devices
- 7.6.1 Overview
- 7.6.2 Signalling Devices: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 7.7 Automation Systems
- 7.7.1 Overview
- 7.7.2 Automation Systems: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 7.8 Cable Glands
- 7.8.1 Overview
- 7.8.2 Cable Glands: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 7.9 HVAC Systems
- 7.9.1 Overview
- 7.9.2 HVAC Systems: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 7.10 Others
- 7.10.1 Overview
- 7.10.2 Others: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 8. SAM Explosion Proof Equipment Market Analysis - By Protection Method
- 8.1 Overview
- 8.2 SAM Explosion Proof Equipment Market, By Protection Method (2020 and 2028)
- 8.3 Explosion Prevention
- 8.3.1 Overview
- 8.3.2 Explosion Prevention: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 8.4 Explosion Containment
- 8.4.1 Overview
- 8.4.2 Explosion Containment: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 8.5 Explosion Segregation
- 8.5.1 Overview
- 8.5.2 Explosion Segregation: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 9. SAM Explosion Proof Equipment Market - By Industry
- 9.1 Overview
- 9.2 SAM Explosion Proof Equipment Market, by Industry (2020 and 2028)
- 9.3 Pharmaceutical
- 9.3.1 Overview
- 9.3.2 Pharmaceutical: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 9.4 Mining
- 9.4.1 Overview
- 9.4.2 Mining: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 9.5 Oil & Gas
- 9.5.1 Overview
- 9.5.2 Oil & Gas: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 9.6 Manufacturing
- 9.6.1 Overview
- 9.6.2 Manufacturing: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 9.7 Food Processing
- 9.7.1 Overview
- 9.7.2 Food Processing: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 9.8 Energy & Power
- 9.8.1 Overview
- 9.8.2 Energy & Power: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 9.9 Chemical & Petrochemical
- 9.9.1 Overview
- 9.9.2 Chemical & Petrochemical: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 9.10 Others
- 9.10.1 Overview
- 9.10.2 Others: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 10. SAM Explosion Proof Equipment Market - Country Analysis
- 10.1 Overview
- 10.1.1 SAM Explosion Proof Equipment Market Breakdown, by Country
- 10.1.1.1 Brazil Explosion Proof Equipment Market, Revenue and Forecast to 2028
- 10.1.1.1.1 Brazil Explosion Proof Equipment Market Breakdown, By Systems
- 10.1.1.1.2 Brazil Explosion Proof Equipment Market Breakdown, By Protection Method
- 10.1.1.1.3 Brazil Explosion Proof Equipment Market Breakdown, By Industry
- 10.1.1.2 Argentina Explosion Proof Equipment Market, Revenue and Forecast to 2028
- 10.1.1.2.1 Argentina Explosion Proof Equipment Market Breakdown, By Systems
- 10.1.1.2.2 Argentina Explosion Proof Equipment Market Breakdown, By Protection Method
- 10.1.1.2.3 Argentina Explosion Proof Equipment Market Breakdown, By Industry
- 10.1.1.3 Rest of SAM Explosion Proof Equipment Market, Revenue and Forecast to 2028
- 10.1.1.3.1 Rest of SAM Explosion Proof Equipment Market Breakdown, By Systems
- 10.1.1.3.2 Rest of SAM Explosion Proof Equipment Market Breakdown, By Protection Method
- 10.1.1.3.3 Rest of SAM Explosion Proof Equipment Market Breakdown, By Industry
- 11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 New Product Development
- 12. Company Profiles
- 12.1 ABB Ltd
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 BARTEC Group
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Eaton Corporation plc
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Emerson Electric Co.
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Hubbell Incorporated
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Rockwell Automation, Inc.
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Siemens AG
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 13. Appendix
- 13.1 about the insight partners
- 13.2 Glossary
- List of Tables
- Table 1. SAM Explosion Proof Equipment Market Revenue and Forecasts to 2028 (US$ Mn)
- Table 2. SAM Explosion Proof Equipment Market, Revenue and Forecast To 2028 - By Country (US$ million)
- Table 3. Brazil Explosion Proof Equipment Market, Revenue and Forecast to 2028 - By Systems (US$ million)
- Table 4. Brazil Explosion Proof Equipment Market, Revenue and Forecast to 2028 - By Protection Method (US$ million)
- Table 5. Brazil Explosion Proof Equipment Market, Revenue and Forecast to 2028 - By Industry (US$ million)
- Table 6. Argentina Explosion Proof Equipment Market, Revenue and Forecast to 2028 - By Systems (US$ million)
- Table 7. Argentina Explosion Proof Equipment Market, Revenue and Forecast to 2028 - By Protection Method (US$ million)
- Table 8. Argentina Explosion Proof Equipment Market, Revenue and Forecast to 2028 - By Industry (US$ million)
- Table 9. Rest of SAM Explosion Proof Equipment Market, Revenue and Forecast to 2028 - By Systems (US$ million)
- Table 10. Rest of SAM Explosion Proof Equipment Market, Revenue and Forecast to 2028 - By Protection Method (US$ million)
- Table 11. Rest of SAM Explosion Proof Equipment Market, Revenue and Forecast to 2028 - By Industry (US$ million)
- Table 12. Glossary of terms, SAM Explosion proof equipment market
- List of Figures
- Figure 1. SAM Explosion Proof Equipment Market Segmentation
- Figure 2. SAM Explosion Proof Equipment Market segmentation - By Country
- Figure 3. SAM Explosion Proof Equipment Market Overview
- Figure 4. Explosion Prevention Held the Highest Share in SAM Explosion Proof Equipment Market in 2020
- Figure 5. Cable Glands Held the Highest Share in SAM Explosion Proof Equipment Market in 2020
- Figure 6. SAM Explosion Proof Equipment Market, by Country
- Figure 7. SAM - PEST Analysis
- Figure 8. SAM Explosion Proof Equipment Market - ecosystem analysis
- Figure 9. Expert Opinion
- Figure 10. SAM Explosion Proof Equipment Market Impact Analysis of Drivers and Restraints
- Figure 11. SAM Explosion proof equipment Market Forecast and Analysis, (US$ Mn)
- Figure 12. SAM Explosion Proof Equipment Market Revenue Share, by Systems (2020 and 2028)
- Figure 13. SAM Junction Boxes & Enclosures: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 14. SAM Lighting System: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 15. SAM Monitoring System: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 16. SAM Signaling Devices: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 17. SAM Automation Systems: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 18. SAM Cable Glands: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 19. SAM HVAC Systems: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 20. SAM Others: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 21. SAM Explosion Proof Equipment Market Revenue Share, by Protection Method (2020 and 2028)
- Figure 22. SAM Explosion Prevention: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 23. SAM Explosion Containment: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 24. SAM Explosion Segregation: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 25. SAM Explosion Proof Equipment Market Revenue Share, by Industry (2020 and 2028)
- Figure 26. SAM Pharmaceutical: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 27. SAM Mining: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 28. SAM Oil & Gas: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 29. SAM Manufacturing: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 30. SAM Food Processing: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 31. SAM Energy & Power: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 32. SAM Chemical & Petrochemical: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 33. SAM Others: Explosion Proof Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 34. SAM Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)
- Figure 35. SAM Explosion Proof Equipment Market Breakdown, by Country, 2020 & 2028 (%)
- Figure 36. Brazil Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)
- Figure 37. Argentina Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)
- Figure 38. Rest of SAM Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)
Pricing
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