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Hazardous Location Air Conditioners Market - Forecast (2020 - 2025)

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    Report

  • 106 Pages
  • March 2020
  • Region: Global
  • IndustryARC
  • ID: 3063563
Various types of air conditioners such as central air conditioners, dehumidifiers, and ductless split system, portable are used in hazardous locations. However, central air conditioners are widely used and generated a revenue of $76.83 million in 2017 and is expected to rise with a CAGR of 1.87% during 2018 – 2023. The Middle East region holds the highest share of hazardous location air conditioner market as is estimated to grow with a CAGR of 1.35% during the forecast period of 2018-2023. The rise of different industries such as oil and gas, petroleum and food processing and the need for cooling systems in such hazardous locations to prevent explosions are some of the factors responsible for the growth of this industry.

What are hazardous location air conditioners?

Hazardous location air conditioning units are designed to operate in the most difficult application by providing safe air conditioning for equipment and personnel. These air conditioners reduce the heat accumulation and maintain a safe operating temperature in hazardous locations. Many features such as a temperature alarm, programmable thermostat and compressor are inbuilt in these air conditioners. These units are easy to install and require less maintenance when compared to traditional hazardous location units. These explosion proof air conditioners can serve all the hazardous divisions, classes and groups.

What are the applications of Hazardous location Air Conditioners?

Hazardous location Air conditioners have wide applications in oil and gas industries, petroleum refining processes, food processing industries,  paint & plastic spraying, aircraft hangers, fuel servicing, utility gas plants, grain elevators, flour, feed mills, magnesium & aluminum powder processing, metallurgical processes, plastics, medicines, fireworks, starch, candy, coal and carbon handling processing operations.

Hazardous Location Air Conditioners Market

Market Research and Market Trends of Hazardous location Air conditioners:

Aegex Technologies LLC has developed an IoT platform for hazardous locations specifically for regulated areas in order to prevent explosion. It consists of hardware and software components that capture, transmit, and analyze big data to manage oil and gas refineries, chemical manufacturing plants and other industrial facilities where combustible atmospheres require highly regulated equipment to help improve operations for better safety and productivity.

Pentair’s recently launched an air conditioner specially designed for hazardous location. Hoffman’s SpectraCool Hazardous Location air conditioner has a patented design that eliminates ignition arising from the A/C unit. This engineered design is easy to install and requires low maintenance. The SpectraCool is 20 times lighter when compared to other similar products in the market. It also allows real time monitoring which can help detect the cooling failure and the personnel can be alerted before the damage occurs.

The current trends of hazardous location air conditioning system include increased automation, development of ductless and filter less air conditioning system, improve the energy efficiency and air purification. Several companies have incorporated these trends and thus has a positive impact on the market.

Many companies are designing new purification technology in their air conditioning systems, that would minimize the dust particles and other allergens by purifying the air and keep it smelling fresh and clean. Such systems will have wide scope in food and pharmaceutical industry as it prevents the circulation of impure air and widespread of infections.

Who are the Major Players in Hazardous Location Air Conditioners market?

The companies referred in the market research report are Durable Machinery Company, LLC., EIC Solutions, Inc., Friedrich Air Conditioning co., ltd., Johnson controls, Inc., Klinge Corporation, Kooltronic, Inc., Matticks Industries, Inc., NANCE International, Inc., Safe Air Technology and several others.

What is our report scope?

The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.

Key Takeaways from this Report


  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
  • Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
  • Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.
  • Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
  • Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

Table of Contents

1. Hazardous Location Air Conditioners Market - Overview
1.1. Definitions and Scope
2. Hazardous Location Air Conditioners Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Hazardous Location Air Conditioners Market
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis
4. Hazardous Location Air Conditioners Market Forces
4.1. Drivers
4.2. Constraints
4.3. Challenges
4.4. Porters five force model
4.4.1. Bargaining power of suppliers
4.4.2. Bargaining powers of customers
4.4.3. Threat of new entrants
4.4.4. Rivalry among existing players
4.4.5. Threat of substitutes
5. Hazardous Location Air Conditioners Market - Strategic analysis
5.1. Value chain analysis
5.2. Opportunities analysis
5.3. Product life cycle
7.4. Suppliers and distributors Market Share
6. Hazardous Location Air Conditioners Market – by Location (Market Size -$Million / $Billion)
6.1. Market Size and Market Share Analysis
6.2. Application Revenue and Trend Research
6.3. Product Segment Analysis
6.3.1. By Class
6.3.1.1. Class 1
6.3.1.2. Class 2
6.3.1.3. Class 3
6.3.2. By Dvision
6.3.2.1. Division I
6.3.2.2. Division II
6.3.3. By Group
6.3.3.1. Group A
6.3.3.2. Group B
6.3.3.3. Group C
6.3.3.4. Group D
6.3.3.5. Group E
6.3.3.6. Group F
6.3.3.7. Group G
6.3.4. By zone
6.3.4.1. Zone 0
6.3.4.2. Zone 1
6.3.4.3. Zone 2
6.3.4.4. Zone 3
6.3.4.5. Zone 4
6.3.4.6. Zone 5
7. Hazardous Location Air Conditioners Market – By Temperature (Market Size -$Million / $Billion)
7.1. T1 (450°C)
7.2. T2 (300°C)
7.3. T3 (200°C)
7.4. T4 (135°C)
7.5. T5 (100°C)
7.6. T6 (65°C)
8. Hazardous Location Air Conditioners Market – By Product Types (Market Size -$Million / $Billion)
8.1. Central Air Conditioner
8.2. Dehumidifiers
8.3. Ductless Split Systems
8.4. Portable
8.5. Packaged Terminal Air Conditioners (PTAC)
8.6. Room/Window
8.7. Thru-the-Wall
8.8. Vertical Units
9. Hazardous Location Air Conditioners – By End User Applications(Market Size -$Million / $Billion)
9.1. Segment type Size and Market Share Analysis
9.2. Application Revenue and Trends by type of Application
9.3. Application Segment Analysis by Type
9.3.1. Oil and Gas
9.3.1.1. Natural/ Liquefied gas storage units
9.3.1.2. Petroleum refineries
9.3.1.3. Flammable gas storage units
9.3.1.4. Well drilling
9.3.1.5. Gasoline service stations
9.3.1.6. Others
9.3.2. Aerospace & Defense
9.3.2.1. Aircraft fuel servicing
9.3.2.2. Hangers
9.3.2.3. Others
9.3.3. Food Processing
9.3.3.1. Sugar/ starch producing units
9.3.3.2. Food handling facilities
9.3.3.3. Others
9.3.4. Mining
9.3.4.1. Coal storage facilities
9.3.4.2. Metal grinding facilities
9.3.4.3. Others
9.3.5. Textiles
9.3.5.1. Cotton textile production plants
9.3.5.2. Clothing manufacturing facilities
9.3.5.3. Others
9.3.6. Marine
9.3.7. Manufacturing
9.3.8. Others
9.3.9. Residential
10. Hazardous Location Air Conditioners - By Geography (Market Size -$Million / $Billion)
10.1. Hazardous Location Air Conditioners Market - North America Segment Research
10.2. North America Market Research (Million / $Billion)
10.2.1. Segment type Size and Market Size Analysis
10.2.2. Revenue and Trends
10.2.3. Application Revenue and Trends by type of Application
10.2.4. Company Revenue and Product Analysis
10.2.5. North America Product type and Application Market Size
10.2.5.1. U.S.
10.2.5.2. Canada
10.2.5.3. Mexico
10.2.5.4. Rest of North America
10.3. Hazardous Location Air Conditioners - South America Segment Research
10.4. South America Market Research (Market Size -$Million / $Billion)
10.4.1. Segment type Size and Market Size Analysis
10.4.2. Revenue and Trends
10.4.3. Application Revenue and Trends by type of Application
10.4.4. Company Revenue and Product Analysis
10.4.5. South America Product type and Application Market Size
10.4.5.1. Brazil
10.4.5.2. Venezuela
10.4.5.3. Argentina
10.4.5.4. Ecuador
10.4.5.5. Peru
10.4.5.6. Colombia
10.4.5.7. Costa Rica
10.4.5.8. Rest of South America
10.5. Hazardous Location Air Conditioners - Europe Segment Research
10.6. Europe Market Research (Market Size -$Million / $Billion)
10.6.1. Segment type Size and Market Size Analysis
10.6.2. Revenue and Trends
10.6.3. Application Revenue and Trends by type of Application
10.6.4. Company Revenue and Product Analysis
10.6.5. Europe Segment Product type and Application Market Size
10.6.5.1. U.K
10.6.5.2. Germany
10.6.5.3. Italy
10.6.5.4. France
10.6.5.5. Netherlands
10.6.5.6. Belgium
10.6.5.7. Spain
10.6.5.8. Denmark
10.6.5.9. Rest of Europe
10.7. Hazardous Location Air Conditioners – APAC Segment Research
10.8. APAC Market Research (Market Size -$Million / $Billion)
10.8.1. Segment type Size and Market Size Analysis
10.8.2. Revenue and Trends
10.8.3. Application Revenue and Trends by type of Application
10.8.4. Company Revenue and Product Analysis
10.8.5. APAC Segment – Product type and Application Market Size
10.8.5.1. China
10.8.5.2. Australia
10.8.5.3. Japan
10.8.5.4. South Korea
10.8.5.5. India
10.8.5.6. Taiwan
10.8.5.7. Malaysia
11. Hazardous Location Air Conditioners Market - Entropy
11.1. New product launches
11.2. M&A's, collaborations, JVs and partnerships
12. Hazardous Location Air Conditioners Market Company Analysis
12.1. Market Share, Company Revenue, Products, M&A, Developments
12.2. EIC Solutions, Inc.
12.3. Friedrich Air Conditioning co., ltd.
12.4. Johnson controls, Inc.
12.5. Klinge Corporation
12.6. Kooltronic, Inc.
12.7. Matticks Industries, Inc.
12.8. NANCE International, Inc.
12.9. Safe Air Technology
12.10. Scientific Systems Corporation
12.11. Shanghai KANSA Refrigeration Equipment Co., Ltd.
12.12. Specific Systemsm, LTD.
12.11. Thermal Edge, Inc.
12.14. Warom Technology Incorporated company
12.15. Wozair Limited
12.16. Durable Machinery Company, LLC
13. Hazardous Location Air Conditioners Market - Appendix
13.1. Abbreviations
13.2. Sources
14. Hazardous Location Air Conditioners Market - Methodology
14.1. Research Methodology
14.1.1. Company Expert Interviews
14.1.2. Industry Databases
14.1.3. Associations
14.1.4. Company News
14.1.5. Company Annual Reports
14.1.6. Application Trends
14.1.7. New Products and Product database
14.1.8. Company Transcripts
14.1.9. R&D Trends
14.1.10. Key Opinion Leaders Interviews
14.1.11. Supply and Demand Trends

Methodology

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