DUBLIN--(BUSINESS WIRE)--The "Explosion Proof Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Explosion Proof Equipment Market to Reach $8.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Explosion Proof Equipment estimated at US$5.1 Billion in the year 2020, is projected to reach a revised size of US$8.1 Billion by 2027, growing at a CAGR of 7% over the period 2020-2027.
The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 10.6% CAGR
The Explosion Proof Equipment market in the U.S. is estimated at US$1.4 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2027 trailing a CAGR of 10.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 6.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Alloy Industry Co., Ltd.
- Bartec GmbH
- CorDEX Instruments Ltd.
- Eaton Corporation PLC
- Extronics Ltd.
- Fluke Corporation
- G.M. International srl
- Intertek Group PLC
- Marechal Electric Group
- Omega Engineering, Inc.
- Pepperl+Fuchs GmbH
- R. Stahl AG
- RAE Systems, Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Explosion Proof Equipment Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- Explosion Proof Equipment Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
- Explosion Proof Equipment Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
- Explosion Proof Equipment Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- Explosion Proof Equipment Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- Explosion Proof Equipment Market Estimates and Projections in US$ Million: 2020 to 2027
- Explosion Proof Equipment Market: A Historic Review in US$ Million for 2012-2019
Total Companies Profiled: 44
For more information about this report visit https://www.researchandmarkets.com/r/87qrsb