Mar 4, 2021   SOURCE: BusinessWire

$8.1 Billion Explosion Proof Equipment Market - Global Trajectory & Analytics to 2027 - ResearchAndMarkets.com

The "Explosion Proof Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Explosion Proof Equipment Market to Reach $8.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Explosion Proof Equipment estimated at US$5.1 Billion in the year 2020, is projected to reach a revised size of US$8.1 Billion by 2027, growing at a CAGR of 7% over the period 2020-2027.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 10.6% CAGR

The Explosion Proof Equipment market in the U.S. is estimated at US$1.4 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2027 trailing a CAGR of 10.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 6.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

  • Adalet
  • Alloy Industry Co., Ltd.
  • Bartec GmbH
  • CorDEX Instruments Ltd.
  • Eaton Corporation PLC
  • Extronics Ltd.
  • Fluke Corporation
  • G.M. International srl
  • Intertek Group PLC
  • Marechal Electric Group
  • Omega Engineering, Inc.
  • Pelco
  • Pepperl+Fuchs GmbH
  • R. Stahl AG
  • RAE Systems, Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Explosion Proof Equipment Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

  • Explosion Proof Equipment Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
  • Explosion Proof Equipment Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
  • Explosion Proof Equipment Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

  • Market Facts & Figures
  • Explosion Proof Equipment Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
  • Explosion Proof Equipment Market Estimates and Projections in US$ Million: 2020 to 2027
  • Explosion Proof Equipment Market: A Historic Review in US$ Million for 2012-2019

IV. COMPETITION

Total Companies Profiled: 44

For more information about this report visit https://www.researchandmarkets.com/r/87qrsb