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Hazardous area equipment market for oil & gas industry is accounted for the largest share through the forecasted period.

Hazardous area equipment market for oil & gas industry accounted for the largest share through the forecasted period. Hazardous area equipment is used for various industrial applications as a part of the emergency management system and as intrinsic safe equipment to protect the workplace.

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The environment in the oil & gas industry is highly prone to explosives, and the use of equipment in this environment needs to be explosive-protected with all the necessary built-in safety standards. Hazardous area equipment avoids any internal explosion that might occur because of combustible gases, vapors, or high temperature present in the environment, as well as can survive an external explosion.