Global Hazardous Area Equipment Market Outlook to 2025: A Projected $36.56 Billion Opportunity – ResearchAndMarkets.com

The “Global
Hazardous Area Equipment Market , Companies Profiles, Size, Share,
Growth, Trends and Forecast to 2025” report has been added to ResearchAndMarkets.com’s
offering.

Global hazardous area equipment market is expected to reach USD
36,568.28 Million by 2025 and is projected to register a healthy CAGR in
the forecast period 2018 to 2025. The new market report contains data
for historic years 2016, the base year of calculation is 2017 and the
forecast period is 2018 to 2025.

The major factors driving the growth of this market are increasing
industrial safety measures and technological advancements in led
lighting solution. On the other hand time-consuming and expensive
inspection and maintenance may hinder the growth of the 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. In 2018, cable glands and
accessories market is likely to dominate market in the forecast period.

The global hazardous area equipment market is segmented based on
connectivity into two notable segments wired and wireless. In 2018,
wireless market will dominate the market. It is growing at the highest
CAGR in the assessment period.

The global hazardous area equipment market is segmented based on
industry into ten notable segments; chemical, food & beverage, marine &
shipbuilding, metals & mining, military & aerospace, oil & gas
industries, pharmaceutical, power & energy, rubber & plastics, water &
waste and others. In 2018, the oil and gas market is estimated to
dominate market with highest shares and rising with the highest CAGR.

Companies Featured

For more information about this report visit https://www.researchandmarkets.com/research/qqw7mh/global_hazardous?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180710005947/en/

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