Hazardous Area Equipment Market Worth 8.82 Billion USD by 2022

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 65 market data tables and 71 figures spread through 169 pages and in-depth TOC on "Hazardous Area Equipment Market"

http://www.marketsandmarkets.com/Market-Reports/hazardous-area-equipment-market-197346515.html
Early buyers will receive 10% customization on report.

The growing focus on increasing safety measures in industries, especially process and cooling, is creating a good demand for flame- and explosion-proof hazardous area equipment such as industrial controls, motors, cable glands and accessories, strobe beacons, lighting, and so on.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=197346515

Cable glands and accessories segment likely to hold the largest market share during the forecast period 

Cable glands and accessories have been a major market for hazardous area equipment. With the wide usage of flame-proof cable glands in every industry, more advancements are taking place and end users are focusing on the safety at workplaces. Moreover, owing to the increasing importance in all process-oriented industries for equipment and environmental cabling purposes, this product segment is expected to hold the largest market share during the forecast period.

The oil & gas industry held the largest share of the hazardous area equipment market in 2015 

The hazardous area equipment market for the oil & gas industry held the largest market size in 2016 and is expected to grow at the highest CAGR between 2017 and 2022. Fueled by the growing application of these hazardous area equipment such as motors, industrial controls, strobe beacons, lighting products, and so on in the exploration and extraction of shale gas and oil, this industry is likely to retain its leading position till 2022.

Middle East, Africa together held the largest market share in 2016 

The RoW (Middle East, Africa, and Latin America) region held the largest share of the hazardous area equipment market in 2016, followed by North America and Europe. The Middle East and Africa accounted for the largest share of the hazardous area equipment market in RoW. The high growth of the market in this region can be attributed to the presence of world's largest oil & gas production, mining, and energy & power industries which are highly prone to explosion.

Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=197346515

The key manufacturers of hazardous area equipment market include Honeywell International, Inc. (US), PATLITE Corporation (US), Eaton Corporation Plc (US), Siemens AG (Germany), Emerson Electric Co. (US), NHP Electric Engineering Products (Australia), Rockwell Automation (US), E2S Warning Signals (US), ABB Ltd. (Switzerland), and R.STAHL AG (Germany), among others.

Browse Related Reports 

Signaling Devices Market (Audible & Visual) for Hazardous and Safe Areas, by Product (Strobe Beacons, Lighting and Fire Alarms/Call Points), Connectivity Service (Wired & Wireless), Industry, & Geography - Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/signaling-device-market-184220041.html    

Industrial Communication Market by Offering (Component, Software, and Services), Communication Protocol (Fieldbus, Industrial Ethernet, and Wireless), End-Use Application, and Geography - Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/industrial-communication-market-146536397.html

Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit Our Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Visit MarketsandMarkets Website: http://www.marketsandmarkets.com