The global hazardous area equipment market size is expected to grow at a significant CAGR of around 6% during the forecast period 2021 to 2027. The increasing number of workplace accidents and inclination toward safety equipment are some major factors to drive the market growth. Furthermore, the rising adoption of industry 4.0, smart factory and growing safety regulations in industries are further anticipated to boost the market growth over the forecast period. Moreover, the technological advancement in developed economies and the continuous expansion of the oil & gas industry across the globe is expected to fuel the market growth.
The report titled "Hazardous Area Equipment Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2020 – 2027" offers a holistic view of the Hazardous Area Equipment industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Hazardous Area Equipment market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Hazardous Area Equipment Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Data Hazardous Area Equipment Market Segmentation:
By Product:
- Cable Glands & Accessories
- Process Instruments
- Industrial Controls
- Motors
- Strobe Beacons
- Others
By Connectivity:
- Wireless
- Wired
By End-Use:
- Oil & Gas
- Chemical & Pharma
- Food & Beverage
- Energy & Power
- Mining
- Others
By Region:
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East & Africa
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List of Key Companies:
- Honeywell International, Inc.
- Eaton Corporation Plc
- PATLITE Corporation
- Siemens AG
- ABB Ltd.
- NHP Electric Engineering Products
- Emerson Electric Co
- E2S Warning Signals
- Rockwell Automation
- STAHL AG.
Key Questions Answered by Hazardous Area Equipment Market Report
· Product popularity and adoption based on various country-level dynamics
· Regional presence and product development for leading market participants
· Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
· Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
· number of employees and market concentration, among others
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