North America Intrinsically Safe Equipment Market By Products, End User Industry, Geography and Vendors Forecasts, Shares and Trends (2016 - 2021)

  • ID: 3971638
  • Report
  • Region: America, North America, United States
  • 74 pages
  • Mordor Intelligence
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North America Intrinsically Safe Equipment market is expected to grow from $459.36 million to $629 million by 2020 with a CAGR of 6.5%. In the region, USA is the major market with a share of more than 70% followed by Canada which has a share of 23% and the other countries make the rest of the 7% of the market.

Government regulations and general concernes on safety and security in workplace are driving the demand for Intrinsically Safe Equipment Market across industry verticals. These equipments can be detectors, transmitters, switches, LED lights and sensors. The market is expected to grow at an exponential rate with the increase in focus on safety and cost benefits.

Intrinsic Safety refers to the measures as well as materials put into place to prevent explosions in potentially hazardous environments caused by either electrical spark or thermal energy. Intrinsically safe equipment will do so by limiting both the electrical and thermal energy of the apparatus to a minimum in potentially hazardous environments.

Major applications of intrinsically safe equipment in North American region come under healthcare sector. In USA, healthcare sector is mostly owned and operated by private enterprises. More than 60% of the hospitals are non-profit, around 20% is government-owned and the rest is private. The efficiency and the reach of healthcare in USA varies from one state to the other. In Canada, healthcare is publicly funded and this helps majority of the population to get access to basic as well as advanced healthcare. USA spent almost 20% of the government expenditure on healthcare in 2012. All these factors will contribute to the growth of intrinsic safe equipment market.

An intrinsically safe equipment is safe by its own inherent design and does not require any external source. Installation of such equipment is easy and they have low maintenance cost.

The report discusses key factors that will impact the industry and profiles of leading suppliers like Fluke, OMEGA Engineering, Eaton, Pepperl+Fuchs, R. STAHL, and CorDEX Instruments.


1. Market Definition for the Intrinsically Safe Equipment Market along with identification of key drivers and restraints for the Asia Pacific Market.

2. Market analysis for the Intrinsically Safe Equipment Market, with country specific assessments and competition analysis on a global and regional scale.

3. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market.

4. Extensively researched competitive landscape section with profiles of major companies along with their share of markets.

5. Identification and analysis of the Macro and Micro factors that affect the Intrinsically Safe Equipment Market on regional scale.

6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

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1. Introduction

1.1 Key Findings

1.2 Research Methodology

2. Executive Summary

3. Market Insights

3.1 Market Overview

3.2 Factors Driving the Market

3.2.1 Increasing focus on safety and security of personals employed in potentially hazardous locations

3.2.2 Government Policies

3.2.3 Potential Cost Savings

3.3 Factors Restraining the Market

3.3.1 Industry Standards vary across different regions

3.3.2 Continuous Amendments in Safety Regulations

3.4 Industry Value Chain Analysis

3.5 Industry Attractiveness - Porter'sFive Forces

3.5.1 Bargaining Power of Suppliers

3.5.2 Bargaining Power of Consumers

3.5.3 Threat of New Entrants

3.5.4 Threat of Substitute Products or Services

3.5.5 Competitive Rivalry among Existing Competitors

3.6 Current Opportunities in Market

3.7 Industry Standards

3.7.1 International - IEC 60079-0, 60079-11

3.7.2 United States - FM3600, 3610

3.7.3 Europe - EN 60079-0, 60079-11

3.8 Certifying Bodies

3.8.1 Underwriter Laboratories

3.8.2 Intertek Group

3.8.3 TUV

3.8.4 National Fire Protection Agency

3.8.5 Canadian StandardsAssociation

3.8.6 FactoryMutual

3.8.7 National ElectricCode

3.8.8 InstrumentSociety of Measurement andControl

3.9 Patents

4. Technology Overview

4.1 Technology Snapshot

4.2 Types of Intrinsically Safe Equipment

4.2.1 Isolators

4.2.2 Sensors

4.2.3 Detectors

4.2.4 Transmitters

4.2.5 Switches

4.2.6 LED Indicating Lights

4.2.7 Others

4.3 Applications of Intrinsically Safe Equipment

5. Intrinsically Safe Equipment Market Forecast by Products

5.1 Isolators

5.1.1 Overview

5.1.2 Market Share and Forecast

5.2 Sensors

5.2.1 Overview

5.2.2 Market Share and Forecast

5.3 Detectors

5.3.1 Overview

5.3.2 Market Share and Forecast

5.4 Transmitters

5.4.1 Overview

5.4.2 Market Share and Forecast

5.5 Switches

5.5.1 Overview

5.5.2 Market Share and Forecast

5.6 LED Indicating Lights

5.6.1 Overview

5.6.2 Market Share and Forecast

5.7 Others

5.7.1 Overview

5.7.2 Market Share and Forecast

6. Intrinsically Safe Equipment Market Forecast by End User Industry

6.1 Automotive

6.1.1 Overview

6.1.2 Market Share and Forecast

6.1.3 Analyst View

6.2 Energy

6.2.1 Overview

6.2.2 Market Share and Forecast

6.2.3 Analyst View

6.3 Healthcare

6.3.1 Overview

6.3.2 Market Share and Forecast

6.3.3 Analyst View

6.4 Mining & Metals

6.4.1 Overview

6.4.2 Market Share and Forecast

6.4.3 Analyst View

6.5 Pulp & Paper

6.5.1 Overview

6.5.2 Market Share and Forecast

6.5.3 Analyst View

6.6 Manufacturing

6.6.1 Overview

6.6.2 Market Share and Forecast

6.6.3 Analyst View

6.7 Infrastructure

6.7.1 Overview

6.7.2 Market Share and Forecast

6.7.3 Analyst View

6.8 Others

6.8.1 Overview

6.8.2 Market Share and Forecast

6.8.3 Analyst View

7. Intrinsically Safe Equipment Market Forecast by Regions

7.1 North America

7.1.1 Introduction

7.1.2 United States

7.1.3 Canada

7.1.4 Others

7.1.3 Analyst View

8. Intrinsically Safe Equipment Vendor Market Share 9. Competitive Intelligence and Profiles of Intrinsically Safe Equipment Vendors

9.1 Fluke

9.1.1 Overview

9.1.2 Major Products and Services

9.1.3 Financials

9.1.4 Recent Developments

9.2 OMEGA Engineering

9.2.1 Overview

9.2.2 Major Products and Services

9.2.3 Financials

9.2.4 Recent Developments

9.3 Eaton

9.3.1 Overview

9.3.2 Major Products and Services

9.3.3 Financials

9.3.4 Recent Developments

9.4 Pepperl+Fuchs

9.4.1 Overview

9.4.2 Major Products and Services

9.4.3 Financials

9.4.4 Recent Developments

9.5 R. STAHL

9.5.1 Overview

9.5.2 Major Products and Services

9.5.3 Financials

9.5.4 Recent Developments

9.6 CorDEX Instruments

9.6.1 Overview

9.6.2 Major Products and Services

9.6.3 Financials

9.6.4 Recent Developments

9.7 RAE Systems

9.7.1 Overview

9.7.2 Major Products and Services

9.7.3 Financials

9.7.4 Recent Developments

9.8 Halma Company

9.8.1 Overview

9.8.2 Major Products and Services

9.8.3 Financials

9.8.4 Recent Developments

9.9 G.M. International srl

9.9.1 Overview

9.9.2 Major Products and Services

9.9.3 Financials

9.9.4 Recent Developments

9.10 Banner Engineering Corp.

9.10.1 Overview

9.10.2 Major Products and Services

9.10.3 Financials

9.10.4 Recent Developments

9.11 Bayco

9.11.1 Overview

9.11.2 Major Products and Services

9.11.3 Financials

9.11.4 Recent Developments

9.12 Kyland Technology

9.12.1 Overview

9.12.2 Major Products and Services

9.12.3 Financials

9.12.4 Recent Developments

10. Investment Analysis

10.1 Recent Mergers and Acquisitions

10.2 Investor Outlook

11. Future of North America Intrinsic Safety Equipment Market List of Figures List of Tables Abbreviations Works Cited Disclaimer
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