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Blast Monitoring Equipment Market Share

Report ID: GMI8720
Published Date: Mar 2024
Report Format: PDF

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Blast Monitoring Equipment Market Share

Global Company Market Share Analysis (2023)

The key players operating in the market are Hexagon AB, Acoem, Orica Limited, Incitec Pivot limited, and Instantel all together comprises a market share of 15 - 20% in 2023. The market is fragmented as the market consists of many players. The market consists of a mix of established companies and smaller, niche players offering various equipment types and functionalities. Collaboration between companies can occur to develop new technologies, share resources, or offer integrated solutions to customers.

Blast Monitoring Equipment Market Companies

Major companies operating in the blast monitoring equipment industry include:

ACOEM
Campbell Scientific Inc.
Earth Sciences
Finexplo Oy
GeoSIG Ltd.
GeoSonics Inc.
Hexagon AB
Incitec Pvt. Ltd.
Instantel
MREL
Orica Limited
RST Instruments Ltd.
Sigicom Engineering GmbH
Stanley Black & Decker
Svib Software technologies Pvt Ltd.
Syscom Instruments SA
Terrock Pty Ltd.
Trolex ltd.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of blast monitoring equipment reached USD 270.4 million in 2023 and is set to witness 5.7% CAGR between 2024 and 2032, led by increasing industrial activities, alongside stringent government regulations regarding environmental and occupational safety.

Real-time dust monitors segment of blast monitoring equipment industry generated a revenue of USD 78.8 million in 2023, with projections to reach USD 120 million by 2032, attributed to heightened awareness and regulations regarding air quality and particulate matter emissions in industrial settings.

Asia Pacific market held a revenue share of 37.5% in 2023 and is expected to cross USD 187 million by 2032, driven by growth in mining and construction sectors.

ACOEM, Campbell Scientific Inc., Earth Sciences, Finexplo Oy, GeoSIG Ltd., GeoSonics Inc., Hexagon AB, Incitec Pvt. Ltd., Instantel, MREL, Orica Limited, RST Instruments Ltd., Sigicom Engineering GmbH, Stanley Black & Decker, Svib Software technologies Pvt Ltd. are some of the major industry contenders.