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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