Dublin, April 22, 2024 (GLOBE NEWSWIRE) -- The "Explosion Proof Lighting Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
The global explosion proof Lighting market is expected to grow with a CAGR of 7.5% from 2024 to 2030.
The future of the global explosion proof Lighting market looks promising with opportunities in the oil & gas, chemical & pharmaceutical, food & beverage, mining, and energy & power markets. The major drivers for this market are the growth of oil & gas and mining industries and the increasing usage of led based explosion-proof light fixtures.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies explosion proof Lighting companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.
Features of the Global Explosion Proof Lighting Market
- Market Size Estimates: Explosion proof Lighting market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Explosion proof Lighting market size by various segments, such as by type, light source, end use, hazardous location, and region in terms of value ($B).
- Regional Analysis: Explosion proof Lighting market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different type, light source, end use, hazardous location, and regions for the explosion proof Lighting market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the explosion proof Lighting market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Explosion Proof Lighting Market Insights
- Led is expected to witness the highest growth over the forecast period due to growing focus of governments for energy conservation.
- Oil & gas is expected to witness the highest growth due to ongoing activities for exploration and production of oil & gas assets across the world.
- APAC is expected to witness highest growth over the forecast period due to high demand from mining sector.
Key Topics Covered:
1. Executive Summary
2. Global Explosion Proof Lighting Market : Market Dynamics
2.1 Introduction, Background, and Classifications
2.2 Supply Chain
2.3 Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Explosion Proof Lighting Market Trends (2018-2023) and Forecast (2024-2030)
3.3 Global Explosion Proof Lighting Market by Type
3.3.1 Explosion Proof Lighting Market
3.3.2 Linear
3.3.3 Flood
3.4 Global Explosion Proof Lighting Market by Light Source
3.4.1 LED
3.4.2 Fluorescent
3.4.3 Others
3.5 Global Explosion Proof Lighting Market by End Use
3.5.1 Oil & Gas
3.5.2 Chemical & Pharmaceutical
3.5.3 Food & Beverage
3.5.4 Mining
3.5.5 Energy & Power
3.5.6 Others
3.6 Global Explosion Proof Lighting Market by Hazardous Location
3.6.1 Zone 1
3.6.2 Zone 2
3.6.3 Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1 Global Explosion Proof Lighting Market by Region
4.2 North American Explosion Proof Lighting Market
4.2.1 North American Explosion Proof Lighting Market by Light Source: LED, Fluorescent, and Others
4.2.2 North American Explosion Proof Lighting Market by End Use : Oil & Gas, Chemical & Pharmaceutical, Food & Beverage, Mining, Energy & Power, and Others
4.3 European Explosion Proof Lighting Market
4.3.1 European Explosion Proof Lighting Market by Light Source: LED, Fluorescent, and Others
4.3.2 European Explosion Proof Lighting Market by End Use : Oil & Gas, Chemical & Pharmaceutical, Food & Beverage, Mining, Energy & Power, and Others
4.4 APAC Explosion Proof Lighting Market
4.4.1 APAC Explosion Proof Lighting Market by Light Source: LED, Fluorescent, and Others
4.4.2 APAC Explosion Proof Lighting Market by End Use : Oil & Gas, Chemical & Pharmaceutical, Food & Beverage, Mining, Energy & Power, and Others
4.5 ROW Explosion Proof Lighting Market
4.5.1 ROW Explosion Proof Lighting Market by Light Source: LED, Fluorescent, and Others
4.5.2 ROW Explosion Proof Lighting Market by End Use : Oil & Gas, Chemical & Pharmaceutical, Food & Beverage, Mining, Energy & Power, and Others
5. Competitor Analysis
5.1 Product Portfolio Analysis
5.2 Operational Integration
5.3 Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1 Growth Opportunity Analysis
6.1.1 Growth Opportunities for the Global Explosion Proof Lighting Market by Type
6.1.2 Growth Opportunities for the Global Explosion Proof Lighting Market by Light Source
6.1.3 Growth Opportunities for the Global Explosion Proof Lighting Market by End Use
6.1.4 Growth Opportunities for the Global Explosion Proof Lighting Market by Hazardous Location
6.1.5 Growth Opportunities for the Global Explosion Proof Lighting Market by Region
6.2 Emerging Trends in the Global Explosion Proof Lighting Market
6.3 Strategic Analysis
6.3.1 New Product Development
6.3.2 Capacity Expansion of the Global Explosion Proof Lighting Market
6.3.3 Mergers, Acquisitions, and Joint Ventures in the Global Explosion Proof Lighting Market
6.3.4 Certification and Licensing
7. Company Profiles of Leading Players
7.1 Eaton
7.2 Hubbell
7.3 Emerson
7.4 ABB
7.5 GE
For more information about this report visit https://www.researchandmarkets.com/r/262zpd
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