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Electrical Explosion Proof Equipment: Global Strategic Business Report

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    Report

  • 294 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030057

Global Electrical Explosion Proof Equipment Market to Reach $13.9 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Electrical Explosion Proof Equipment estimated at US$9.9 Billion in the year 2020, is projected to reach a revised size of US$13.9 Billion by 2027, growing at a CAGR of 5% over the analysis period 2020-2027. Oil & Gas, one of the segments analyzed in the report, is projected to record a 6.2% CAGR and reach US$4.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Mining segment is readjusted to a revised 5.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.7 Billion, While China is Forecast to Grow at 7.9% CAGR

The Electrical Explosion Proof Equipment market in the U.S. is estimated at US$2.7 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2027 trailing a CAGR of 7.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.8 Billion by the year 2027.

Chemicals Segment to Record 3.2% CAGR

In the global Chemicals segment, USA, Canada, Japan, China and Europe will drive the 3.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.5 Billion in the year 2020 will reach a projected size of US$1.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 4.1% CAGR through the analysis period.

Select Competitors (Total 41 Featured) -

  • Atex System
  • BARTEC Feam
  • Eaton Corporation PLC
  • Emerson Electric Company
  • Helon Explosion-Proof Electric Co., Ltd.
  • Miretti Srl
  • Pepperl+Fuchs GmbH
  • R. Stahl AG
  • VIMEX AS
  • WEG SA

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and a Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Electrical Explosion Proof Equipment

What is the estimated value of the Global Market for Electrical Explosion Proof Equipment?

The Global Market for Electrical Explosion Proof Equipment was estimated to be valued at $9.9 Billion in 2020.

What is the growth rate of the Global Market for Electrical Explosion Proof Equipment?

The growth rate of the Global Market for Electrical Explosion Proof Equipment is 5.0%, with an estimated value of $13.9 Billion by 2027.

What is the forecasted size of the Global Market for Electrical Explosion Proof Equipment?

The Global Market for Electrical Explosion Proof Equipment is estimated to be worth $13.9 Billion by 2027.

Who are the key companies in the Global Market for Electrical Explosion Proof Equipment?

Key companies in the Global Market for Electrical Explosion Proof Equipment include Atex System, BARTEC Feam, Eaton Corporation PLC, Emerson Electric Company, Helon Explosion, Proof Electric Co., Ltd., Miretti Srl, Pepperl+Fuchs GmbH and VIMEX AS.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • Electrical Explosion Proof Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Electrical Explosion Proof Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Electrical Explosion Proof Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Electrical Explosion Proof Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2021 & 2027
  • Table 4: World Recent Past, Current & Future Analysis for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 6: World 15-Year Perspective for Oil & Gas by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 9: World 15-Year Perspective for Mining by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 10: World Recent Past, Current & Future Analysis for Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 11: World Historic Review for Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 12: World 15-Year Perspective for Chemicals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 13: World Recent Past, Current & Future Analysis for Manufacturing Processing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 14: World Historic Review for Manufacturing Processing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 15: World 15-Year Perspective for Manufacturing Processing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 16: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 17: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 18: World 15-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 19: World Electrical Explosion Proof Equipment Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027
III. MARKET ANALYSIS
UNITED STATES
  • Electrical Explosion Proof Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
  • Table 20: USA Recent Past, Current & Future Analysis for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 21: USA Historic Review for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 22: USA 15-Year Perspective for Electrical Explosion Proof Equipment by Application - Percentage Breakdown of Value Sales for Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications for the Years 2012, 2021 & 2027
CANADA
  • Table 23: Canada Recent Past, Current & Future Analysis for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 24: Canada Historic Review for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 25: Canada 15-Year Perspective for Electrical Explosion Proof Equipment by Application - Percentage Breakdown of Value Sales for Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications for the Years 2012, 2021 & 2027
JAPAN
  • Electrical Explosion Proof Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
  • Table 26: Japan Recent Past, Current & Future Analysis for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 27: Japan Historic Review for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 28: Japan 15-Year Perspective for Electrical Explosion Proof Equipment by Application - Percentage Breakdown of Value Sales for Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications for the Years 2012, 2021 & 2027
CHINA
  • Electrical Explosion Proof Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
  • Table 29: China Recent Past, Current & Future Analysis for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 30: China Historic Review for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 31: China 15-Year Perspective for Electrical Explosion Proof Equipment by Application - Percentage Breakdown of Value Sales for Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications for the Years 2012, 2021 & 2027
EUROPE
  • Electrical Explosion Proof Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
  • Table 32: Europe Recent Past, Current & Future Analysis for Electrical Explosion Proof Equipment by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 33: Europe Historic Review for Electrical Explosion Proof Equipment by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 34: Europe 15-Year Perspective for Electrical Explosion Proof Equipment by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2021 & 2027
  • Table 35: Europe Recent Past, Current & Future Analysis for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 36: Europe Historic Review for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 37: Europe 15-Year Perspective for Electrical Explosion Proof Equipment by Application - Percentage Breakdown of Value Sales for Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications for the Years 2012, 2021 & 2027
FRANCE
  • Electrical Explosion Proof Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
  • Table 38: France Recent Past, Current & Future Analysis for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 39: France Historic Review for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 40: France 15-Year Perspective for Electrical Explosion Proof Equipment by Application - Percentage Breakdown of Value Sales for Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications for the Years 2012, 2021 & 2027
GERMANY
  • Electrical Explosion Proof Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
  • Table 41: Germany Recent Past, Current & Future Analysis for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 42: Germany Historic Review for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 43: Germany 15-Year Perspective for Electrical Explosion Proof Equipment by Application - Percentage Breakdown of Value Sales for Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications for the Years 2012, 2021 & 2027
ITALY
  • Table 44: Italy Recent Past, Current & Future Analysis for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 45: Italy Historic Review for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 46: Italy 15-Year Perspective for Electrical Explosion Proof Equipment by Application - Percentage Breakdown of Value Sales for Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications for the Years 2012, 2021 & 2027
UNITED KINGDOM
  • Electrical Explosion Proof Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
  • Table 47: UK Recent Past, Current & Future Analysis for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 48: UK Historic Review for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 49: UK 15-Year Perspective for Electrical Explosion Proof Equipment by Application - Percentage Breakdown of Value Sales for Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications for the Years 2012, 2021 & 2027
SPAIN
  • Table 50: Spain Recent Past, Current & Future Analysis for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 51: Spain Historic Review for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 52: Spain 15-Year Perspective for Electrical Explosion Proof Equipment by Application - Percentage Breakdown of Value Sales for Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications for the Years 2012, 2021 & 2027
RUSSIA
  • Table 53: Russia Recent Past, Current & Future Analysis for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 54: Russia Historic Review for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 55: Russia 15-Year Perspective for Electrical Explosion Proof Equipment by Application - Percentage Breakdown of Value Sales for Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications for the Years 2012, 2021 & 2027
REST OF EUROPE
  • Table 56: Rest of Europe Recent Past, Current & Future Analysis for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 57: Rest of Europe Historic Review for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 58: Rest of Europe 15-Year Perspective for Electrical Explosion Proof Equipment by Application - Percentage Breakdown of Value Sales for Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications for the Years 2012, 2021 & 2027
ASIA-PACIFIC
  • Electrical Explosion Proof Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
  • Table 59: Asia-Pacific Recent Past, Current & Future Analysis for Electrical Explosion Proof Equipment by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 60: Asia-Pacific Historic Review for Electrical Explosion Proof Equipment by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 61: Asia-Pacific 15-Year Perspective for Electrical Explosion Proof Equipment by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2021 & 2027
  • Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 63: Asia-Pacific Historic Review for Electrical Explosion Proof Equipment by Application - Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 64: Asia-Pacific 15-Year Perspective for Electrical Explosion Proof Equipment by Application - Percentage Breakdown of Value Sales for Oil & Gas, Mining, Chemicals, Manufacturing Processing and Other Applications for the Years 2012, 2021 & 2027
AUSTRALIA
  • Electrical Explosion Proof Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)
INDIA
  • Electrical Explosion Proof Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Electrical Explosion Proof Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Electrical Explosion Proof Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Electrical Explosion Proof Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Atex System
  • BARTEC Feam
  • Eaton Corporation PLC
  • Emerson Electric Company
  • Helon Explosion-Proof Electric Co., Ltd.
  • Miretti Srl
  • Pepperl+Fuchs GmbH
  • R. Stahl AG
  • VIMEX AS
  • WEG SA