About Explosion Protection
Explosion protection products are mainly used to protect facilities and employees from the effects of combustible explosions. They include explosion venting systems, explosion isolation systems, and explosion suppression systems. Rigid conduit systems, stainless steel Form 8 and BlueKote conduit bodies, T&B liquid-tight fittings, and others are the components of an explosion protection system. They are concerned with avoiding the formation of hazardous gases, vapours, mists, or dust and, where this is not possible, with preventing potential explosions. Innovations in explosion protection technologies have played an important role in market growth. Advancements such as the development of advanced explosion-proof enclosures, flame arrestors, explosion suppression systems, and intrinsically safe equipment have enhanced the efficiency and effectiveness of explosion protection measures, encouraging their adoption across industries.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The explosion protection market is expected to continue its growth trajectory as industries prioritize safety, regulatory compliance, and risk mitigation in hazardous environments. Continued technological advancements and increasing awareness of the importance of explosion protection measures will further drive market expansion. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BS&B Innovations, Limited (United States), IEP Technologies (United States), ABB (Switzerland), Dongguan VILLO Technology Inc. (China), Eaton (Ireland), Siemens (Germany), Emerson Electric Co. (United States), Pepperl-Fuchs India Pvt Ltd (India), R. STAHL AG (Germany), Bada (Canada), Rockwell Automation, Inc. (United States), Toshiba Industrial Products and Systems Corporation (Japan), AUMA Riester GmbH & Co. KG (Germany), Honeywell International Inc. (United States), BARTEC Top Holding GmbH (Germany) and Ex-tech Group AS (Norway) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Explosion Protection market by and Region.
On the basis of geography, the market of Explosion Protection has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Type, the sub-segment i.e. Primary Explosion Protection will boost the Explosion Protection market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End users Industry, the sub-segment i.e. Chemical/Refining will boost the Explosion Protection market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Device Type, the sub-segment i.e. Explosion Suppression will boost the Explosion Protection market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Protection Method, the sub-segment i.e. Explosion Venting will boost the Explosion Protection market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased adoption of internet of Things (IoT) and sensor technology in explosion protection system
Market Growth Drivers:
Expansion of industries into hazardous environments, such as offshore oil and gas exploration, petrochemical refineries and There is a growing focus on worker safety in industrial settings
Challenges:
Sustainability and Environmental Concerns about traditional explosion method and Lack awareness of the risks associated with explosive atmospheres and the importance of explosion protection measures.
Restraints:
Explosion proof wiring is expensive due to the conduct, enclosure and seals
Opportunities:
Development of new and innovative explosion protection technologies.
Market Leaders and their expansionary development strategies
In May 2023, The Pioneer Safety Group (PSG) which is a worldwide leader for explosion protection solutions, Ex-proof products and Ex components and part of the Longacre Group has acquired Ex-tech Signalling SAS and Ex-tech Solution SAS, French manufacturers of explosion proof electrical enclosures, control stations, limit switches and audio/visual warning solutions. The acquisition provides a wider product portfolio to our customers.
In April 2024, ScanReach, a pioneer in wireless maritime technology solutions, in collaboration with BARTEC, the world market leader in explosion protection, has launched an Explosion-Proof Node. This device is set to redefine the landscape of sensor data integration in EX zones within the maritime industry. The Explosion-Proof Node seamlessly integrates with the ScanReach OWC (Onboard Wireless Connectivity) network, enabling the wireless ingestion and sharing of diverse sensor data in EX zones.
Key Target Audience
Supplier, Manufacturer, End users’ industry, Research Organization and Government Regulatory
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.