Global Hazardous Location Lighting Market Growth 2023-2029

Global Hazardous Location Lighting Market Growth 2023-2029

Product Code:457505

Published Date: Feb 08,2023

Pages: 126

Region: Global

Category: Machinery & Equipment

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A hazardous location is defined as a place where concentrations of flammable gases, vapors or dusts occur. Electrical equipment that must be installed in such locations is specially designed and tested to ensure it does not initiate an explosion, due to arcing contacts or high surface temperature of the equipment. Proper lighting is extremely important for a variety of reasons. It helps you perform work and complete tasks by ensuring you can always see what you are doing. It keeps you aware of your environment and improves safety. Best of all, it provides a more comfortable atmosphere that will help you feel less stressed. Light fixtures are an electrical appliance, however, and can be dangerous in some locations. Thus, Hazardous Location Lighting is very important at a dangerous place.

LPI (LP Information)' newest research report, the “Hazardous Location Lighting Industry Forecast” looks at past sales and reviews total world Hazardous Location Lighting sales in 2022, providing a comprehensive analysis by region and market sector of projected Hazardous Location Lighting sales for 2023 through 2029. With Hazardous Location Lighting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hazardous Location Lighting industry.

This Insight Report provides a comprehensive analysis of the global Hazardous Location Lighting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hazardous Location Lighting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hazardous Location Lighting market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hazardous Location Lighting and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hazardous Location Lighting.

The global Hazardous Location Lighting market size is projected to grow from US$ 554.7 million in 2022 to US$ 975.7 million in 2029; it is expected to grow at a CAGR of 975.7 from 2023 to 2029.

Global Hazardous Location Lighting key players include Dialight Corporation, GE Lighting, Emerson Electric, Eaton, Hubbell Incorporated, etc. Global top five manufacturers hold a share about 45%. North America is the largest market, with a share about 45%, followed by Asia Pacific and Europe, total with a share about 40 percent. In terms of product, LED is the largest segment, with a share about 60%. And in terms of application, the largest application is Oil, followed by Mining & Steel, Electricity, Military & Public Safety, Railway, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Hazardous Location Lighting market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    LED
    Fluorescent
    Incandescent
    High Pressure Sodium
    Others

Segmentation by application
    Oil
    Mining & Steel
    Railway
    Electricity
    Military & Public Safety
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Dialight Corporation
    Current Lighting
    Emerson Electric
    Eaton
    Hubbell Incorporated
    Acuity Brands
    AZZ Inc.
    R. STAHL
    BARTEC
    Kenall Manufacturing
    Nemalux
    LDPI
    ABB
    Phoenix Products Company
    Larson Electronics
    Unimar
    Solas Ray Lighting
    Western Technology
    Lind Equipment
    Warom Technology Inc
    Ocean's King Lighting

Key Questions Addressed in this Report
What is the 10-year outlook for the global Hazardous Location Lighting market?
What factors are driving Hazardous Location Lighting market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hazardous Location Lighting market opportunities vary by end market size?
How does Hazardous Location Lighting break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?