Explosion Proof Equipment Market
PUBLISHED: 2020 ID: SMRC19726
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Explosion Proof Equipment Market

Explosion Proof Equipment - Global Market Outlook (2019 -2027)

4.8 (95 reviews)
4.8 (95 reviews)
Published: 2020 ID: SMRC19726

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Explosion Proof Equipment Market is accounted for $7.09 billion in 2019 and is expected to reach $12.55 billion by 2027 growing at a CAGR of 7.4% during the forecast period. While the factors like increased oil, investments in emerging markets, are some of the major driving the growth of the market growth. However, the lack of standardization is hampering the market growth.

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Explosion-proof equipment refers to commodities that limit any source of explosion within its housings. This equipment relies on different principles of protection, such as explosion avoidance, and explosion isolation. While explosion-proof equipment utilizes a strong, protective housing, to contain any explosion within itself, explosion segregation equipment isolates the source of an explosion inside a protective medium.

Based on the end user, the oil & gas segment is estimated to have a lucrative growth due to the extensive adoption of explosion-protected products in this sector as a preventive measure against explosive areas. The adoption of spark-resistant enclosures, thermocouples, and sensors in dangerous areas of oil & gas industry eliminate the release of potentially toxic and flammable substances.

By geography, the Asia Pacific is estimated to have a lucrative growth in the forecast period. The region experiences a balanced situation of the oil & gas industry and it would sustain as a politically stable region globally with China, Indonesia, Australia, and India. These countries have the biggest CAPEX hotspots and which continue to supply stable political environments.

Some of the key players profiled in the Explosion Proof Equipment Market include G.M. International SRL, Extronics Limited, Marechal Electric Group, RAE Systems (Honeywell), Pepperl+Fuchs GmbH, Intertek Group PLC, Adalet Inc., Bartec GmbH, Alloy Industry Co. Ltd, Cordex Instruments Ltd, R. STAHL AG, Siemens AG, Rockwell Automation, Inc., ABB Group and Honeywell International Inc.

Groups Covered:
• Group C: Petrochemicals
• Group D: Petrochemicals (Includes Methane)
• Group A: Acetylene
• Group B: Hydrogen and Manufactured Gases Containing Hydrogen

Protection Principles Covered:
• Explosion Prevention/Limiting Energy
• Explosion Proof/Explosion Containment
• Explosion Segregation (Isolation)
• Encapsulations 
• Explosion-proof Lamp   

Flammable Substances Covered:
• Class I (Gas and Vapor)
• Class II (Combustible Dust)
• Class III (Fibers and Flying’s)

Explosion Protections Covered:
• Dust Explosion Protection
• 1D (Zone 20, 21 and 22)
• 2D (Zones 21 and 22)
• 3D (Zone 2)
• Gas Explosion Protection
• 1Gas (Zones 0, 1 and 2)
• 2Gas (Zones 1 and 2)
• 3Gas (Zone 2)

Zones Covered:
• Zone 0
• Zone 20
• Zone 1
• Zone 21
• Zone 2
• Zone 22
• Zone 12
• Zone 212

Temperature Classes Covered:
• T1 (450°C or 842°F)
• T2 (300°C or 572°F)
• T3 (200°C or 3142°F)
• T4 (135°C or 275°F)
• T5 (100°C or 212°F)
• T6 (85°C or 185°F)

Products Covered:
• Industrial Controls
• Process Instruments
• Strobe Beacons
• Sensors
• Bells & Horns
• Fire Alarms/Call Points
• Visual & Audible Combination Units
• Speakers & Tone Generators
• Cable Glands & Accessories
• Motors

Connectivity Services Covered:
• Wired
• Wireless

Applications Covered:
• Junction Boxes & Enclosures
• Lifting Systems
• Lighting Systems
• Material Handling Systems
• Panel Boards & Motor Starters
• Switches & Sockets
• Surveillance & Monitoring Systems
• Signaling Systems
• Switchgear
• Heating, Ventilation, and Air Conditioning (HVAC)
• Distribution Systems
• Automation System
• Power Supply System
• Other Applications

End Users Covered:
• Aerospace & Aircraft
• Construction
• Manufacturing
• Mining
• Oil & Gas
• Marine Industry
• Waste Management
• Pharmaceutical
• Power and Utility
• Food Processing & Beverages
• Automotive
• Energy

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary            
             
2 Preface        
    
 2.1 Abstract           
 2.2 Stake Holders           
 2.3 Research Scope           
 2.4 Research Methodology           
  2.4.1 Data Mining          
  2.4.2 Data Analysis          
  2.4.3 Data Validation          
  2.4.4 Research Approach           
 2.5 Research Sources           
  2.5.1 Primary Research Sources          
  2.5.2 Secondary Research Sources          
  2.5.3 Assumptions          
             
3 Market Trend Analysis            
 3.1 Introduction           
 3.2 Drivers            
 3.3 Restraints           
 3.4 Opportunities           
 3.5 Threats           
 3.6 Product Analysis           
 3.7 Application Analysis           
 3.8 End User Analysis           
 3.9 Emerging Markets           
 3.10 Impact of Covid-19           
             
4 Porters Five Force Analysis            
 4.1 Bargaining power of suppliers           
 4.2 Bargaining power of buyers           
 4.3 Threat of substitutes           
 4.4 Threat of new entrants           
 4.5 Competitive rivalry           
             
5 Global Explosion Proof Equipment Market, By Group            
 5.1 Introduction           
 5.2 Group C: Petrochemicals           
 5.3 Group D: Petrochemicals (Includes Methane)            
 5.4 Group A: Acetylene           
 5.5 Group B: Hydrogen and Manufactured Gases Containing Hydrogen           
             
6 Global Explosion Proof Equipment Market, By Protection Principle            
 6.1 Introduction           
 6.2 Explosion Prevention/Limiting Energy           
  6.2.1 Pressurized Enclosures          
  6.2.2 Purging Enclosure          
  6.2.3 Restricted Breathing          
  6.2.4 Hermetical Sealing          
  6.2.5 Intrinsic Safe Devices          
  6.2.6 Non-Incendive Devices           
  6.2.7 Non-Sparking Devices          
 6.3 Explosion Proof/Explosion Containment           
  6.3.1 Conduit & Cable Seals          
  6.3.2 Ingress Enclosures          
  6.3.3 Flameproof Enclosures          
 6.4 Explosion Segregation (Isolation)           
  6.4.1 Oil/Liquid Immersion          
  6.4.2 Powder/Sand Filling          
 6.5 Encapsulations           
 6.6 Explosion-proof Lamp           
             
7 Global Explosion Proof Equipment Market, By Flammable Substance            
 7.1 Introduction           
 7.2 Class I (Gas and Vapor)           
  7.2.1 Division 1          
  7.2.2 Division 2          
 7.3 Class II (Combustible Dust)           
 7.4 Class III (Fibers and Flying’s)           
             
8 Global Explosion Proof Equipment Market, By Explosion Protection            
 8.1 Introduction           
 8.2 Dust Explosion Protection           
 8.3 1D (Zone 20, 21 and 22)           
 8.4 2D (Zones 21 and 22)           
 8.5 3D (Zone 2)           
 8.6 Gas Explosion Protection           
 8.7 1Gas (Zones 0, 1 and 2)           
 8.8 2Gas (Zones 1 and 2)           
 8.9 3Gas (Zone 2)           
             
9 Global Explosion Proof Equipment Market, By Zone            
 9.1 Introduction           
 9.2 Zone 0           
 9.3 Zone 20           
 9.4 Zone 1           
 9.5 Zone 21           
 9.6 Zone 2           
 9.7 Zone 22           
 9.8 Zone 12           
 9.9 Zone 212           
             
10 Global Explosion Proof Equipment Market, By Temperature Class            
 10.1 Introduction           
 10.2 T1 (450°C or 842°F)           
 10.3 T2 (300°C or 572°F)           
 10.4 T3 (200°C or 3142°F)           
 10.5 T4 (135°C or 275°F)           
 10.6 T5 (100°C or 212°F)           
 10.7 T6 (85°C or 185°F)           
             
11 Global Explosion Proof Equipment Market, By Product            
 11.1 Introduction           
 11.2 Industrial Controls           
 11.3 Process Instruments           
 11.4 Strobe Beacons           
 11.5 Sensors           
 11.6 Bells & Horns           
 11.7 Fire Alarms/Call Points           
 11.8 Visual & Audible Combination Units           
 11.9 Speakers & Tone Generators           
 11.10 Cable Glands & Accessories           
 11.11 Motors           
             
12 Global Explosion Proof Equipment Market, By Connectivity Service            
 12.1 Introduction           
 12.2 Wired           
 12.3 Wireless           
             
13 Global Explosion Proof Equipment Market, By Application            
 13.1 Introduction           
 13.2 Junction Boxes & Enclosures           
 13.3 Lifting Systems           
 13.4 Lighting Systems           
 13.5 Material Handling Systems           
 13.6 Panel Boards & Motor Starters            
 13.7 Switches & Sockets           
 13.8 Surveillance & Monitoring Systems           
 13.9 Signaling Systems           
 13.10 Switchgear           
 13.11 Heating, Ventilation, and Air Conditioning (HVAC)           
 13.12 Distribution Systems           
 13.13 Automation System           
 13.14 Power Supply System           
 13.15 Other Applications           
  13.15.1 Unions          
  13.15.2 Flexible Couplings          
             
14 Global Explosion Proof Equipment Market, By End User            
 14.1 Introduction           
 14.2 Aerospace & Aircraft           
 14.3 Construction           
 14.4 Manufacturing           
  14.4.1 Paint          
  14.4.2 Textiles          
  14.4.3 Chemicals          
  14.4.4 Explosives          
 14.5 Mining            
 14.6 Oil & Gas           
  14.6.1 Downstream          
  14.6.2 Upstream          
  14.6.3 Midstream          
 14.7 Marine Industry           
  14.7.1 Ship Yards          
  14.7.2 Marine Ports           
 14.8 Waste Management           
 14.9 Pharmaceutical           
 14.10 Power and Utility           
 14.11 Food Processing & Beverages           
 14.12 Automotive           
 14.13 Energy           
             
15 Global Explosion Proof Equipment Market, By Geography            
 15.1 Introduction           
 15.2 North America           
  15.2.1 US          
  15.2.2 Canada          
  15.2.3 Mexico          
 15.3 Europe           
  15.3.1 Germany          
  15.3.2 UK          
  15.3.3 Italy          
  15.3.4 France          
  15.3.5 Spain          
  15.3.6 Rest of Europe          
 15.4 Asia Pacific           
  15.4.1 Japan          
  15.4.2 China          
  15.4.3 India          
  15.4.4 Australia          
  15.4.5 New Zealand          
  15.4.6 South Korea          
  15.4.7 Rest of Asia Pacific          
 15.5 South America           
  15.5.1 Argentina          
  15.5.2 Brazil          
  15.5.3 Chile          
  15.5.4 Rest of South America           
 15.6 Middle East & Africa           
  15.6.1 Saudi Arabia          
  15.6.2 UAE          
  15.6.3 Qatar          
  15.6.4 South Africa          
  15.6.5 Rest of Middle East & Africa          
             
16 Key Developments            
 16.1 Agreements, Partnerships, Collaborations and Joint Ventures           
 16.2 Acquisitions & Mergers           
 16.3 New Product Launch           
 16.4 Expansions           
 16.5 Other Key Strategies           
             
17 Company Profiling            
 17.1 G.M. International SRL           
 17.2 Extronics Limited           
 17.3 Marechal Electric Group           
 17.4 RAE Systems (Honeywell)           
 17.5 Pepperl+Fuchs GmbH           
 17.6 Intertek Group PLC           
 17.7 Adalet Inc.           
 17.8 Bartec GmbH           
 17.9 Alloy Industry Co. Ltd           
 17.10 Cordex Instruments Ltd           
 17.11 R. STAHL AG           
 17.12 Siemens AG           
 17.13 Rockwell Automation, Inc.           
 17.14 ABB Group           
 17.15 Honeywell International Inc.           


List of Tables             
1 Global Explosion Proof Equipment Market Outlook, By Region (2018-2027) ($MN)            
2 Global Explosion Proof Equipment Market Outlook, By Group (2018-2027) ($MN)            
3 Global Explosion Proof Equipment Market Outlook, By Group C: Petrochemicals (2018-2027) ($MN)            
4 Global Explosion Proof Equipment Market Outlook, By Group D: Petrochemicals (Includes Methane)  (2018-2027) ($MN)            
5 Global Explosion Proof Equipment Market Outlook, By Group A: Acetylene (2018-2027) ($MN)            
6 Global Explosion Proof Equipment Market Outlook, By Group B: Hydrogen and Manufactured Gases Containing Hydrogen (2018-2027) ($MN)             
7 Global Explosion Proof Equipment Market Outlook, By Protection Principle (2018-2027) ($MN)            
8 Global Explosion Proof Equipment Market Outlook, By Explosion Prevention/Limiting Energy (2018-2027) ($MN)            
9 Global Explosion Proof Equipment Market Outlook, By Pressurized Enclosures (2018-2027) ($MN)            
10 Global Explosion Proof Equipment Market Outlook, By Purging Enclosure (2018-2027) ($MN)            
11 Global Explosion Proof Equipment Market Outlook, By Restricted Breathing (2018-2027) ($MN)            
12 Global Explosion Proof Equipment Market Outlook, By Hermetical Sealing (2018-2027) ($MN)            
13 Global Explosion Proof Equipment Market Outlook, By Intrinsic Safe Devices (2018-2027) ($MN)             
14 Global Explosion Proof Equipment Market Outlook, By Non-Incendive Devices (2018-2027) ($MN)            
15 Global Explosion Proof Equipment Market Outlook, By Non-Sparking Devices (2018-2027) ($MN)            
16 Global Explosion Proof Equipment Market Outlook, By Explosion Proof/Explosion Containment (2018-2027) ($MN)            
17 Global Explosion Proof Equipment Market Outlook, By Conduit & Cable Seals (2018-2027) ($MN)            
18 Global Explosion Proof Equipment Market Outlook, By Ingress Enclosures (2018-2027) ($MN)            
19 Global Explosion Proof Equipment Market Outlook, By Flameproof Enclosures (2018-2027) ($MN)            
20 Global Explosion Proof Equipment Market Outlook, By Explosion Segregation (Isolation) (2018-2027) ($MN)            
21 Global Explosion Proof Equipment Market Outlook, By Oil/Liquid Immersion (2018-2027) ($MN)            
22 Global Explosion Proof Equipment Market Outlook, By Powder/Sand Filling (2018-2027) ($MN)            
23 Global Explosion Proof Equipment Market Outlook, By Encapsulations (2018-2027) ($MN)            
24 Global Explosion Proof Equipment Market Outlook, By Explosion-proof Lamp (2018-2027) ($MN)            
25 Global Explosion Proof Equipment Market Outlook, By Flammable Substance (2018-2027) ($MN)            
26 Global Explosion Proof Equipment Market Outlook, By Class I (Gas and Vapor) (2018-2027) ($MN)            
27 Global Explosion Proof Equipment Market Outlook, By Division 1 (2018-2027) ($MN)            
28 Global Explosion Proof Equipment Market Outlook, By Division 2 (2018-2027) ($MN)            
29 Global Explosion Proof Equipment Market Outlook, By Class II (Combustible Dust) (2018-2027) ($MN)            
30 Global Explosion Proof Equipment Market Outlook, By Class III (Fibers and Flying’s) (2018-2027) ($MN)            
31 Global Explosion Proof Equipment Market Outlook, By Explosion Protection (2018-2027) ($MN)            
32 Global Explosion Proof Equipment Market Outlook, By Dust Explosion Protection (2018-2027) ($MN)            
33 Global Explosion Proof Equipment Market Outlook, By 1D (Zone 20, 21 and 22) (2018-2027) ($MN)            
34 Global Explosion Proof Equipment Market Outlook, By 2D (Zones 21 and 22) (2018-2027) ($MN)            
35 Global Explosion Proof Equipment Market Outlook, By 3D (Zone 2) (2018-2027) ($MN)            
36 Global Explosion Proof Equipment Market Outlook, By Gas Explosion Protection (2018-2027) ($MN)            
37 Global Explosion Proof Equipment Market Outlook, By 1Gas (Zones 0, 1 and 2) (2018-2027) ($MN)            
38 Global Explosion Proof Equipment Market Outlook, By 2Gas (Zones 1 and 2) (2018-2027) ($MN)            
39 Global Explosion Proof Equipment Market Outlook, By 3Gas (Zone 2) (2018-2027) ($MN)            
40 Global Explosion Proof Equipment Market Outlook, By Zone (2018-2027) ($MN)            
41 Global Explosion Proof Equipment Market Outlook, By Zone 0 (2018-2027) ($MN)            
42 Global Explosion Proof Equipment Market Outlook, By Zone 20 (2018-2027) ($MN)            
43 Global Explosion Proof Equipment Market Outlook, By Zone 1 (2018-2027) ($MN)            
44 Global Explosion Proof Equipment Market Outlook, By Zone 21 (2018-2027) ($MN)            
45 Global Explosion Proof Equipment Market Outlook, By Zone 2 (2018-2027) ($MN)            
46 Global Explosion Proof Equipment Market Outlook, By Zone 22 (2018-2027) ($MN)            
47 Global Explosion Proof Equipment Market Outlook, By Zone 12 (2018-2027) ($MN)            
48 Global Explosion Proof Equipment Market Outlook, By Zone 212 (2018-2027) ($MN)            
49 Global Explosion Proof Equipment Market Outlook, By Temperature Class (2018-2027) ($MN)            
50 Global Explosion Proof Equipment Market Outlook, By T1 (450°C or 842°F) (2018-2027) ($MN)            
51 Global Explosion Proof Equipment Market Outlook, By T2 (300°C or 572°F) (2018-2027) ($MN)            
52 Global Explosion Proof Equipment Market Outlook, By T3 (200°C or 3142°F) (2018-2027) ($MN)            
53 Global Explosion Proof Equipment Market Outlook, By T4 (135°C or 275°F) (2018-2027) ($MN)            
54 Global Explosion Proof Equipment Market Outlook, By T5 (100°C or 212°F) (2018-2027) ($MN)            
55 Global Explosion Proof Equipment Market Outlook, By T6 (85°C or 185°F) (2018-2027) ($MN)            
56 Global Explosion Proof Equipment Market Outlook, By Product (2018-2027) ($MN)            
57 Global Explosion Proof Equipment Market Outlook, By Industrial Controls (2018-2027) ($MN)            
58 Global Explosion Proof Equipment Market Outlook, By Process Instruments (2018-2027) ($MN)            
59 Global Explosion Proof Equipment Market Outlook, By Strobe Beacons (2018-2027) ($MN)            
60 Global Explosion Proof Equipment Market Outlook, By Sensors (2018-2027) ($MN)            
61 Global Explosion Proof Equipment Market Outlook, By Bells & Horns (2018-2027) ($MN)            
62 Global Explosion Proof Equipment Market Outlook, By Fire Alarms/Call Points (2018-2027) ($MN)            
63 Global Explosion Proof Equipment Market Outlook, By Visual & Audible Combination Units (2018-2027) ($MN)            
64 Global Explosion Proof Equipment Market Outlook, By Speakers & Tone Generators (2018-2027) ($MN)            
65 Global Explosion Proof Equipment Market Outlook, By Cable Glands & Accessories (2018-2027) ($MN)            
66 Global Explosion Proof Equipment Market Outlook, By Motors (2018-2027) ($MN)            
67 Global Explosion Proof Equipment Market Outlook, By Connectivity Service (2018-2027) ($MN)            
68 Global Explosion Proof Equipment Market Outlook, By Wired (2018-2027) ($MN)            
69 Global Explosion Proof Equipment Market Outlook, By Wireless (2018-2027) ($MN)            
70 Global Explosion Proof Equipment Market Outlook, By Application (2018-2027) ($MN)            
71 Global Explosion Proof Equipment Market Outlook, By Junction Boxes & Enclosures (2018-2027) ($MN)            
72 Global Explosion Proof Equipment Market Outlook, By Lifting Systems (2018-2027) ($MN)             
73 Global Explosion Proof Equipment Market Outlook, By Lighting Systems (2018-2027) ($MN)            
74 Global Explosion Proof Equipment Market Outlook, By Material Handling Systems (2018-2027) ($MN)            
75 Global Explosion Proof Equipment Market Outlook, By Panel Boards & Motor Starters (2018-2027) ($MN)            
76 Global Explosion Proof Equipment Market Outlook, By Switches & Sockets (2018-2027) ($MN)            
77 Global Explosion Proof Equipment Market Outlook, By Surveillance & Monitoring Systems (2018-2027) ($MN)            
78 Global Explosion Proof Equipment Market Outlook, By Signaling Systems (2018-2027) ($MN)            
79 Global Explosion Proof Equipment Market Outlook, By Switchgear (2018-2027) ($MN)            
80 Global Explosion Proof Equipment Market Outlook, By Heating, Ventilation, and Air Conditioning (HVAC) (2018-2027) ($MN)            
81 Global Explosion Proof Equipment Market Outlook, By Distribution Systems (2018-2027) ($MN)            
82 Global Explosion Proof Equipment Market Outlook, By Automation System (2018-2027) ($MN)            
83 Global Explosion Proof Equipment Market Outlook, By Power Supply System (2018-2027) ($MN)            
84 Global Explosion Proof Equipment Market Outlook, By Other Applications (2018-2027) ($MN)            
85 Global Explosion Proof Equipment Market Outlook, By Unions (2018-2027) ($MN)            
86 Global Explosion Proof Equipment Market Outlook, By Flexible Couplings (2018-2027) ($MN)            
87 Global Explosion Proof Equipment Market Outlook, By End User (2018-2027) ($MN)            
88 Global Explosion Proof Equipment Market Outlook, By Aerospace & Aircraft (2018-2027) ($MN)            
89 Global Explosion Proof Equipment Market Outlook, By Construction (2018-2027) ($MN)            
90 Global Explosion Proof Equipment Market Outlook, By Manufacturing (2018-2027) ($MN)            
91 Global Explosion Proof Equipment Market Outlook, By Paint (2018-2027) ($MN)            
92 Global Explosion Proof Equipment Market Outlook, By Textiles (2018-2027) ($MN)            
93 Global Explosion Proof Equipment Market Outlook, By Chemicals (2018-2027) ($MN)            
94 Global Explosion Proof Equipment Market Outlook, By Explosives (2018-2027) ($MN)            
95 Global Explosion Proof Equipment Market Outlook, By Mining  (2018-2027) ($MN)            
96 Global Explosion Proof Equipment Market Outlook, By Oil & Gas (2018-2027) ($MN)            
97 Global Explosion Proof Equipment Market Outlook, By Downstream (2018-2027) ($MN)            
98 Global Explosion Proof Equipment Market Outlook, By Upstream (2018-2027) ($MN)            
99 Global Explosion Proof Equipment Market Outlook, By Midstream (2018-2027) ($MN)            
100 Global Explosion Proof Equipment Market Outlook, By Marine Industry (2018-2027) ($MN)            
101 Global Explosion Proof Equipment Market Outlook, By Ship Yards (2018-2027) ($MN)            
102 Global Explosion Proof Equipment Market Outlook, By Marine Ports (2018-2027) ($MN)             
103 Global Explosion Proof Equipment Market Outlook, By Waste Management (2018-2027) ($MN)            
104 Global Explosion Proof Equipment Market Outlook, By Pharmaceutical (2018-2027) ($MN)            
105 Global Explosion Proof Equipment Market Outlook, By Power and Utility (2018-2027) ($MN)            
106 Global Explosion Proof Equipment Market Outlook, By Food Processing & Beverages (2018-2027) ($MN)            
107 Global Explosion Proof Equipment Market Outlook, By Automotive (2018-2027) ($MN)            
108 Global Explosion Proof Equipment Market Outlook, By Energy (2018-2027) ($MN)            
             
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.             

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

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Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials