According to a market report by Lucintel, the future of the global explosion proof lightening market looks promising with opportunities in the oil & gas, chemical & pharmaceutical, food & beverage, mining, and energy & power markets. The global explosion proof lightening market is expected to grow with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are growth of oil & gas and mining industries and increasing usage of led based explosion-proof light fixtures.
A more than 150–page report is developed to understand Trends,
opportunity and forecast in explosion proof lightening market to 2030 by type
(explosion proof lightening market , linear, and flood), light source (led,
fluorescent, and others), end use (oil & gas, chemical &
pharmaceutical, food & beverage, mining, energy & power, and others),
hazardous location (zone 1, zone 2, and others), and region (North America,
Europe, Asia Pacific, and the Rest of the World).
In this market, led and fluorescent are the major segments of explosion
proof lightening market by light source. Lucintel forecasts that led is
expected to witness the highest growth over the forecast period due to growing
focus of governments for energy conservation.
Within this market, oil & gas is expected to witness the highest
growth due to ongoing activities for exploration and production of oil &
gas assets across the world.
Download sample by clicking on explosion
proof lightening market.
APAC is expected to witness highest growth over the forecast period due
to high demand from mining sector.
Eaton, Hubbell, Emerson, ABB, and GE are the major suppliers in the
explosion proof lightening 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 write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for you growth
through game
changer ideas and robust market & unmet
needs analysis. We are based in Dallas, TX and have
been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in
several publications like the Wall Street Journal, ZACKS, and the Financial
Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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