Global Hazardous Area Equipment Market – Industry Trends and Forecast to 2025


Posted January 23, 2019 by rampawar

Global Hazardous Area Equipment Market is expected to reach USD 36,568.28 Million by 2025 and is projected to register a healthy CAGR in the forecast period 2018 to 2025.
 
Market Segmentation: Global Hazardous Area Equipment Market

The global hazardous area equipment market is segmented based on product into ten notable segments display products, lighting products, barrier products, enclosures, cable glands and accessories, industrial controls, motors strobe beacons, sensors and others. Display products are further sub segmented into industrial PCs, operator, remote and terminals. Lighting products are further sub segmented into fixed lighting, portable lead-lights and other portable lighting. Barrier Products are further sub segmented into IS barriers- galvanic, IS barriers- Zener, I/O modules and fieldbus interface. Enclosures are further sub segmented into steel, aluminum and plastic. Others are further sub segmented into fire alarms/call points, speakers and tone generators, visual and audible combination units. In 2018, cable glands and accessories market is likely to dominate market in the forecast period.


Key Drivers: Global Hazardous Area Equipment Market

Some of the major factors driving the market for global hazardous area equipment market are increasing industrial safety measures and technological advancements in led lighting solution are boosting the market growth. On the other hand, time-consuming and expensive inspection and maintenance may hamper the growth of the market.

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Issued By databridgemarketresearch.com
Country India
Categories Electronics , Semiconductors , Telecom
Tags global hazardous area equipment market , hazardous area equipment market , hazardous area equipment market analysis , hazardous area equipment market research report , hazardous area equipment research report
Last Updated January 23, 2019