Europe hazardous area equipment market was valued at USD 4,680.15 million in 2017 and growing at a lucrative rate of CAGR in the assessment period. 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 key market players for Europe hazardous area equipment market are listed below;
Honeywell International Inc
ABB Ltd.
Siemens AG
Eaton Corporation Plc.
Rockwell Automation, Inc.
R. STAHL AG
WEIDM?LLER INTERFACE GMBH & CO. KG
Patlite Corporation
Hawk International
Tomar Electronics
Petrel Ltd.
Flametron
AB-CO PURGE, LLC
CORTEM S.P.A
The market is further segmented into;
Product
Connectivity
Industry
The Europe hazardous area equipment market is segmented on the basis of product into 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 segment is anticipated to lead the market.
The Europe hazardous area equipment market is segmented on the basis of connectivity into two notable segments wired and wireless. In 2018, wireless segment is expected to dominate the market.
The Europe hazardous area equipment market is segmented on the basis of 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 expected to dominate the market with 43.7% market share in the forecast period.
Based on geography, the market is segmented into;
Germany
France
U.K.
Spain
Italy
Switzerland
Netherlands
Russia
Turkey
Belgium
Rest of Europe
Covered in this report
The report covers the present scenario and the growth prospects of the Europe hazardous area equipment for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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