ALL >> Business >> View Article
Global Hazardous Area Equipment Market Is Expected To Reach $16 Billion By 2030 - An Exclusive Market Research Report By Lucintel
Lucintel's latest study found that, the future of the global hazardous area equipment market looks promising with opportunities in the oil & gas chemical & pharmaceuticals, food & beverages, energy & power, and mining markets. The global hazardous area equipment market is expected to reach an estimated $16 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are swift expansion of industrialization and manufacturing sector, rising demand for safety measures equipment, and increasing government regulations mandating safety measures in hazardous industrial settings.
In this market, cable glands & accessories, measurement devices, control products, alarm systems, motors, and lighting product are the major segments of hazardous area equipment market by application.
Lucintel forecasts that control products is expected to witness the higher growth over the forecast period due to the increasing installation of new facilities and expansion of current ones in process industries like oil & gas and chemical & pharmaceuticals.
Browse in depth TOC of the Hazardous ...
... Area Equipment Market:
100 - Figures
150-Pages
Hazardous Area Equipment Market is marked by presence of several big and small players. ABB, Siemens, Eaton, Rockwell Automation, Honeywell, Emerson Electric, and Patlite are the major suppliers in the hazardous area equipment market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
Explore Our Latest Publications
mHealth Market
Omega 3 Prescription Drug Market
T-Cell Lymphoma Market
Pressure Relief Device Market
Ecommerce and Other Non-Store Retailer Market
On Board Magnetic Sensor Market
Add Comment
Business Articles
1. Lucintel Forecasts The Global Wall-mounted Ac Ev Charger Market To Grow With A Cagr Of 22.4% From 2025 To 2031Author: Lucintel LLC
2. Technology Landscape, Trends And Opportunities In Global 3d Printing Photopolymer Market
Author: Lucintel LLC
3. Lucintel Forecasts The Global Smart Home Market To Reach $372 Billion By 2030
Author: Lucintel LLC
4. Second Marriage Matrimonial – Verified Matches & Free Registration
Author: Truelymarry
5. Core: Leading The Way In Managed It Services For Businesses Across London
Author: IT Management
6. The Role And Function Of A Collection Agency
Author: Bennett Carter
7. Understanding Debt Collection Agencies: What They Do And How They Affect Consumers
Author: Bennett Carter
8. How To Use An Smm Panel Effectively For Fast Social Media Growth
Author: Smm Panel
9. Essential Tips For Beginners And The Power Of Professional Editing
Author: Sam
10. How To Improve Field Staff Efficiency With Geolocation Tools
Author: TrackHr App
11. Building An Effective Energy Management System
Author: Jane
12. Internal Auditor Training: The Key To Effective Risk Management And Compliance
Author: Sqccertification
13. Why Accurate Accounting In Property Management Is The Key To Higher Roi
Author: Harsh Vardhan
14. Kaal Sarp Puja In Trimbakeshwar – Benefits, Process & Trusted Pandit Contact
Author: Pandit Milind Guruji
15. Data Entry Vs. Data Processing: What’s The Difference And Why It Matters
Author: Allianze BPO