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.
Recent changes in the regulations in the US has led to the discontinuation of mercury vapor ballasts and metal halide luminaires, which has demanded a need for specialized lighting in hazardous areas. LEDs are sturdy, reliable, versatile, directional, cold start capable, efficient, non-toxic and durable. In the past few years, there has been a continuous technological advancement in manufacturing the bright white LED fixtures for industrial lighting. Hence, they are a good choice for indicator lamps as they are capable of replacing the traditional incandescent lamps at a fast rate.
The key players are Dialight Corporation, GE Lighting, Emerson Electric, Eaton, Hubbell ncorporated, Acuity Brands, AZZ Inc., Kenall Manufacturing, Nemalux, LDPI, Cree, Thomas & etts Corporation (ABB), Phoenix Products Company, Larson Electronics, Unimar, Solas Ray Lighting (Continental Inc), Western Technology, Lind Equipment.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
According to this study, over the next five years the Hazardous Location Lighting market will register a 7.1% CAGR in terms of revenue, the global market size will reach US$ 190 million by 2024, from US$ 140 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hazardous Location Lighting business, shared in Chapter 3.
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.
This study considers the Hazardous Location Lighting value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
LED
Fluorescent
Incandescent
High Pressure Sodium
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Oil & Gas
Mining
Industrial
Power Generation
Public & Infrastructure
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Dialight Corporation
GE Lighting
Emerson Electric
Eaton
Hubbell Incorporated
Acuity Brands
AZZ Inc.
Kenall Manufacturing
Nemalux
LDPI
Cree
Thomas & Betts Corporation (ABB)
Phoenix Products Company
Larson Electronics
Unimar
Solas Ray Lighting (Continental Inc)
Western Technology
Lind Equipment
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Hazardous Location Lighting consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Hazardous Location Lighting market by identifying its various subsegments.
Focuses on the key global Hazardous Location Lighting manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hazardous Location Lighting with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Hazardous Location Lighting submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Hazardous Location Lighting . Industry analysis & Market Report on Hazardous Location Lighting is a syndicated market report, published as Global Hazardous Location Lighting Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Hazardous Location Lighting market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.