Explosion-Proof Lighting Market to exceed US$ 552.47 Million by 2031

    Published on 26-Jul-2024
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    Report : Explosion-Proof Lighting Market Size and Forecast (2021-2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: by Type (Fixed Lighting, Small and Portable Lighting, and Mobile Lighting), Light Type (LED Light, High-Intensity Discharge Light, Fluorescent Light, and Incandescent Light), End User (Oil & Gas, Chemical, Pharmaceutical, Energy, Manufacturing, Food & Beverages, Military & Defense, Transportation & Logistics, Clean & Medical, Paint Shop & Application Technology, Agriculture & Farming, Public & Community, and Others), and Geography

    According to our latest study on "Explosion Proof Lighting Market Forecast to 2031 - Global and Regional Share, Trend, and Growth Opportunity Analysis - by Type, Light Type, and End User," the market was valued at US$ 309.60 million in 2023, and the Explosion Proof Lighting market size isprojected to reach US$ 552.47 million by 2031. The Explosion Proof Lighting market is expected to record a CAGR of 7.5% from 2023 to 2031.

    Development of High-Power Explosion Proof Lighting to Provide Lucrative Opportunities for Explosion Proof Lighting Market Growth During the Forecast Period

    Explosion-proof lighting is mostly employed in hazardous and demanding conditions containing combustible gases and dust. These lights have a good explosion-proof function, making them suitable for IIA, IIB, and IIC explosive gas environments. In addition to their primary application in oil & gas, chemicals, pharmaceuticals, energy, and mining industries, they find potential applications in the railway, electric power, metallurgy, petroleum and petrochemicals, chemicals, steel, aviation, and shipbuilding industries, among others. These industries generate a significant demand for high-power explosion-proof lighting to prevent explosions caused by equipment or other accidents at the working sites. High-power explosion-proof lighting products are designed to withstand harsh operating conditions, including high temperatures and extreme heat, making them ideal for use in hazardous locations. Dongguan Ming Yang Lighting Limited provides well-designed, high-power, explosion-proof lighting systems that operate with stability and endurance in high-temperature conditions. These systems feature high-strength aluminum radiators with an air convection structure, which helps withstand heat. A constant current drive, protection against short circuit and overvoltage protection, and high electromagnetic compatibility are among other noteworthy features of this system, which render them suitable for application in hazardous industries such as metallurgy, petroleum, petrochemical, chemicals, steel, oil & gas, marine, and mining. Thus, the development of high-power explosion-proof lighting systems is expected to create lucrative opportunities for the explosion-proof lighting market growth during the forecast period.

    Key Findings of Explosion Proof Lighting Market Study:

    The Explosion Proof Lighting market analysis has been carried out by considering the following segments: type, light type, and end user. Based on type, the market is segmented into fixed lighting, small and portable lighting, and mobile lighting. In terms of light type, the market is divided into LED light, high-intensity discharge light, fluorescent light, and incandescent light. By end user, the market is segmented into oil and gas, chemical, pharmaceutical, energy, manufacturing, food and beverages, military and defense, transportation and logistics, clean and medical, paint shop and application technology, agriculture and farming, public and community, and others. The oil and gas segment held the largest explosion-proof lighting market share in 2023.

    On the basis of type, the explosion proof lighting market is segmented in to fixed lighting, small and portable lighting, and mobile lighting. Fixed lighting fixtures are immovable lights that are placed either on ceilings or walls of any facility or building. These lighting fixtures are generally placed in a building during its construction. These include lights such as linear lights, flood lights, emergency lights, and high bay lights, among others. Emergency lighting offers safe, dependable illumination during power interruptions or outages. Due to their clear visibility, these lights are installed at road intersections and building entry/exit routes to show directions. Floodlights deliver general illumination in both outdoor and indoor areas, primarily used for stage performances and sports events, these lights are instrumental in providing artificial light during low-light conditions. High bay lighting is generally designed for high-raised ceilings. These lights find applications in warehouses, manufacturing facilities, and factories, among others, as these facilities are usually huge and cover a vast horizontal and vertical space. Bulkhead lights are heavy-duty, strong, and exterior lighting solutions. These lights are usually caged and designed to withstand strong winds and rainy conditions.

    Moreover, factor such as need to ensure workforce safety propel the explosion proof lighting market growth. Also, IoT-based intelligent lighting systems is expected to bring new explosion proof lighting market trends in the coming years.

    The scope of the Explosion Proof Lighting market report is primarily divided into North America (the US, Canada, and Mexico), Europe (Spain, the UK, Germany, France, Italy, and the Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and the Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America). North America accounted for the largest explosion proof lighting market share in 2023.

    ABB Ltd, Hubbell Inc, Eaton Corp Plc, Cortem S.p.A., Pepperl+Fuchs SE, Emerson Electric Co, Rockwell Automation Inc, Adolf Schuch GmbH, Airfal International, LDPI, Inc, ABTECH, Signify Holding (Philips), R. STAHL AG, NORKA, Glamox, TREVOS, a.s., and TEP Ex d.o.o. are among the key players profiled in the explosion proof lighting market report.
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