DUBLIN--(BUSINESS WIRE)--The "Hazardous Location LED Lights - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Hazardous Location LED Lights market worldwide is projected to grow by US$356.8 Million, driven by a compounded growth of 10.9%.
Oil & Gas, one of the segments analyzed and sized in this study, displays the potential to grow at over 12.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$224.3 Million by the year 2025, Oil & Gas will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 12.6% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$15.5 Million to the region's size and clout in the next 5 to 6 years. Over US$16.6 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Oil & Gas will reach a market size of US$20.7 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 10.4% over the next couple of years and add approximately US$59.8 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
- ABB Installation Products
- Chalmit, a Hubbell Company
- Dialight PLC
- Digital Lumens
- Eaton - Cooper Power Systems
- Emerson Industrial Automation
- Federal Signal Corporation
- GE Lighting
- Intertek Group PLC
- Larson Electronics LLC
- LDPI Inc.
- Nemalux Inc.
- RAB Lighting Inc.
- Unimar Inc.
- WorkSite Lighting
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- A Prelude to Hazardous Location Lighting and its Applications
- Identifying Hazardous Environment and Suitable LED Lighting For It
- LED: The Future of Lighting Needs
- Advantages of LED over Other Lighting Sources
- Versatility and Energy Efficiency
- Non Toxic
- Heat Management
- Historical Timeline of LEDs
- Benefits and Advantages of Hazardous Location LED Lighting
- Hazardous Location LED Lights: Macro Industry Overview
- Europe: One of the Most Dominant Markets
- Oil & Gas and Petrochemical Constitute the Largest Markets
- Industrial Sector: Key End Use Area for Hazardous LED Lights & Fixtures
- Competitive Scenario
- Global Competitor Market Shares
- Hazardous Location LED Lights Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Scangrip's Explosion Proof LED Work Lights: A Portable and Battery Powered Solution to Hazardous Area Lighting
- Select Innovations in the Hazardous Area LED Lighting Market
- LED Lighting: Preferred for Augmenting Productivity and Safety in Hazardous Conditions
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Hazardous Location LED Lights Market Share (in %) by Company: 2019 & 2025
- Market Analytics
CANADA
JAPAN
CHINA
EUROPE
- Market Facts & Figures
- European Hazardous Location LED Lights Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
IV. COMPETITION
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/fyq6t6
