Explosion Proof Equipment Market By Protection Types (Explosion Prevention, Explosion Proof, Explosion Segregation); By Applications (Automation Systems, Lighting, Material Handling Systems, Surveillance Systems, Signaling Systems) - (2013 - 2020) Published on – 10 August, 2014 | Number of pages : 219 Single User Price: $2850 The research methodology used to estimate and forecast Explosion Proof Equipment Market begins with capturing data on key vendor revenue through the secondary research.
Summary of the Report: Explosion is defined as an abrupt increase in the energy (chemical, mechanical or nuclear) or volume in an uncontrolled manner accompanied by rise in temperature and release of gases. There are many sources of explosion such as leakage of gases or vapors, dust, pressure expansion, nuclear etc. To prevent it, several types of protection measures are adopted when designing products for chemical, electrical, mechanical or nuclear use. Such products are termed as explosion proof (Ex) equipment. The current report focuses on protection for electrical products.
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Topics Covered in this report : Explosion Proof equipment does not mean that products will be able to withstand any explosion; instead it means that products will contain any source of explosion within its housings. A broader term can be assigned to these products i.e. explosion protection equipment that contains in itself various protection principles viz, explosion prevention by limiting the operating energy, explosion proof by making the housing robust to withheld any explosion inside itself and explosion segregation by isolating the source of explosion inside a protective medium.
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The global explosion proof equipment market is expected to grow from $3.45bn in 2013 to around $5.41bn by 2018. Out of the various product segments, MIR expects the surveillance and lighting systems to drive the market with the highest growth rates of around 18.7% and 13.3% globally. In comparison to these segments the overall explosion proof equipment market is only expected to grow at around 9.4%.
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Explosion Proof Equipment Market By Protection Types (Explosion Prevention, Explosion Proof, Explosion Segregation); By Applications (Automation Systems, Lighting, Material Handling Systems, Surveillance Systems, Signaling Systems) - (2013 - 2020) A detailed qualitative analysis of the factors responsible for driving and restraining growth of the Signaling Devices Market and future opportunities are provided in the report.
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