Global Hazardous Location LED Lights Market - By Types, Application, Geography, Trends, Forecast- 2017 - 2022

  • ID: 4385106
  • Report
  • Region: Global
  • 101 pages
  • Mordor Intelligence
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The Global Hazardous Location LED lights market is valued at USD 0.23 billion in 2016 and is expected to reach a value of USD 0.66 billion by the end of 2022, growing at a projected CAGR of 19.35% during the forecast period of 2017 - 2022. Recent changes in the regulations in the US has led to the discontinuation of mercury vapor ballasts and metal halide luminaires, which has demanded a need for specialized lighting in hazardous areas. LEDs are sturdy, reliable, versatile, directional, cold start capable, efficient, non-toxic and durable. In the past few years, there has been a continuous technological advancement in manufacturing the bright white LED fixtures for industrial lighting. Hence, they are a good choice for indicator lamps as they are capable of replacing the traditional incandescent lamps at a fast rate.

Rapid industrialization has further provided impetus to industrial LED lighting solutions, demanding indoor and outdoor lighting requirements, including hazardous locations, where safety and maintenance have been persistent concerns. Increasing the number of factories globally has led to an increased risk of explosion due to the mixtures of gases or flammable combinations. Therefore, in such areas, there has been a rising demand to eliminate sources of ignition such as sparks, hot surface or static electricity. This has accelerated the growth of LED lights implementation, used across industries such as mills that process fine particulates, handle or store pharmaceuticals; fireworks; plastics; magnesium; aluminum powders, coals and others.

The hazardous location LED lights market is broadly divided on basis of their types, classes, hazardous zones, applications, end-users and geography. Based on the type of hazardous location, LED lights market has been segmented into LED cart light, LED flash light, LED flood light, off-shore skid lighting, LED ladder mount light and others. Based on class, the market is segregated into class I, class II and class III. There are various hazardous zones such as zone 0, zone 20, zone 1, zone 21, zone 2 and zone 22, under which segmentation is done. Whereas, as per end-user consensus, the market is segmented into petroleum refineries, aircraft hangars, dry cleaning plants, utility gas plants, offshore oil platforms, chemical plants and others.

Some of the market players mentioned in the report are Thomas & Betts Corporation, Emerson Industrial Automation, Digital Lumens, GE Lighting, Dialight PLC, Worksite Lighting, LLC and Larson Electronics.

Key Deliverables:

1. Market analysis for the global hazardous location LED lights market, with region-specific assessments and competition analysis on a global and regional scale.

2. Market definition along with the identification of key drivers and restraints.

3. Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.

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

5. Identification and analysis of the macro and micro factors that affect the global hazardous location LED lights market on both global and regional scale.

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

7. A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.

8. Insights into the major countries/regions where this industry is growing and also identify the regions that are still untapped.
Note: Product cover images may vary from those shown
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1. Introduction
1.1 Report Description
1.2 Markets Covered
1.3 Research Methodology
2. Executive Summary
3. Key Findings of the Study
3.1 Market Overview
3.1.1 Market Definition
3.1.2 Market Segmentation
4. Market Dynamics
4.1 Introduction
4.1.1 Global Hazardous Location LED Lights Market Overview
4.2 Drivers
4.2.1 Cost Effective Lighting
4.2.2 Opportunities in Different Industry Sectors
4.2.3 Stricter Regulations
4.2.4 Growing Industrial Operations at Night
4.3 Restraints
4.3.1 Regulations & Compliance makes task of Implementation Tedious
4.3.2 High Cost of Replacement of Conventional Lamp to LED Lighting Solutions
4.4 Opportunities
4.4.1 Increasing Usage of Eco-Friendly Products
4.5 Trend
4.5.1 Replacement of Conventional Incandescent Light Bulbs, HDL and Fluorescent Lighting With LEDs
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Bargaining Power of Suppliers
4.6.2 Bargaining Power of Buyers
4.6.3 Threat of New Entrants
4.6.4 Threat of Substitute Products or Services
4.6.5 Competitive Rivalry among Existing Competitors
5. Technology Snapshot
6. Hazardous Location LED Lights Market Analysis & Forecast
6.1 Global Market - Segmented By Types
6.1.1 LED Cart Light
6.1.2 LED Flash Light
6.1.3 LED Flood Light
6.1.4 Offshore Skid Lighting
6.1.5 LED Ladder Mount Light
6.1.6 Others
6.2 Global Market - Segmented By Class
6.2.1 Class I
6.2.2 Class II
6.2.3 Class III
6.3 Global Market - Segmented By Hazardous Zones
6.3.1 Zone 0
6.3.2 Zone 20
6.3.3 Zone 1
6.3.4 Zone 21
6.3.5 Zone 2
6.3.6 Zone 22
6.4 Global Market - Segmented By Applications
6.4.1 Food Production
6.4.2 Manufacturer Handling Pharmaceuticals Fireworks Plastics Magnesium Aluminum Powders Coal Others
6.5 Global Market - Segmented By End-Users
6.5.1 Petroleum Refineries
6.5.2 Aircraft Hangars
6.5.3 Dry Cleaning Plants
6.5.4 Utility Gas Plants
6.5.5 Off-Shore Oil Platforms
6.5.6 Chemical Plants
6.5.7 Others
6.6 Global Market - Segmented By Region
6.6.1 North America
6.6.2 Europe
6.6.3 Asia-Pacific
6.6.4 Rest of the World
7. Vendor Market Share Analysis
8. Competitive Intelligence - Company Profiles
8.1 Thomas & Betts Corporation
8.1.1 Overview
8.1.2 Products and Services
8.1.3 Financial
8.1.4 Recent Developments
8.2 Emerson Industrial Automation
8.2.1 Overview
8.2.2 Products and Services
8.2.3 Financial
8.2.4 Recent Developments
8.3 Digital Lumens
8.3.1 Overview
8.3.2 Products and Services
8.3.3 Financial
8.3.4 Recent Developments
8.4 Unimar Inc.
8.4.1 Overview
8.4.2 Products and Services
8.4.3 Financial
8.4.4 Recent Developments
8.5 GE Lighting
8.5.1 Overview
8.5.2 Products and Services
8.5.3 Financial
8.5.4 Recent Developments
8.6 Chalmit
8.6.1 Overview
8.6.2 Products and Services
8.6.3 Financial
8.6.4 Recent Developments
8.7 WorkSite Lighting, LLC
8.7.1 Overview
8.7.2 Products and Services
8.7.3 Financial
8.7.4 Recent Developments
8.8 Larson Electronics
8.8.1 Overview
8.8.2 Products and Services
8.8.3 Financial
8.8.4 Recent Developments
8.9 Cooper Industries
8.9.1 Overview
8.9.2 Products and Services
8.9.3 Financial
8.9.4 Recent Developments
8.10 Dialight PLC
8.10.1 Overview
8.10.2 Products and Services
8.10.3 Financial
8.10.4 Recent Developments
8.11 Nemalux LED Lighting
8.11.1 Overview
8.11.2 Products and Services
8.11.3 Financial
8.11.4 Recent Developments
8.12 Federal Signal
8.12.1 Overview
8.12.2 Products and Services
8.12.3 Financial
8.12.4 Recent Developments
8.13 RAB Lighting
8.13.1 Overview
8.13.2 Products and Services
8.13.3 Financial
8.13.4 Recent Developments
8.14 LDPI, Inc.
8.14.1 Overview
8.14.2 Products and Services
8.14.3 Financial
8.14.4 Recent Developments
9. Investment Analysis
9.1 Recent Mergers and Acquisitions
9.2 Investment Outlook
10. Future of Hazardous Location LED Lights Market
11. Appendix
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Note: Product cover images may vary from those shown