Asia-Pacific Hazardous Area Equipment Market Analysis, Size, Share, Growth, Trends & Forecast to 2025 - ResearchAndMarkets.com

The "Asia-Pacific Hazardous Area Equipment Market , Companies Profiles, Size, Share, Growth, Trends and Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Asia-Pacific hazardous area equipment market was valued at USD 3,569.97 million in 2017 and is growing with the 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.

On the basis of product, the Asia-Pacific hazardous area equipment market is segmented 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 Asia-Pacific 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 expected to dominate the market with 47.9% market share in the forecast period.

Companies Mentioned