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Explosion-proof Lighting Market Share

  • Report ID: GMI10934
  • Published Date: Aug 2024
  • Report Format: PDF

Explosion-proof Lighting Market Share

Emerson Electric Co. and Eaton Corporation plc hold a significant share of the explosion-proof lighting industry. Emerson Electric Co. has a strong global presence and a well-established reputation for delivering high-quality, reliable industrial products, establishing it as a key player. As a leader in automation solutions, Emerson has developed a comprehensive portfolio of explosion-proof lighting systems designed to meet the rigorous demands of hazardous environments.
 

The company’s commitment to innovation and safety is evident in its extensive Research & Development (R&D) efforts, which focus on creating cutting-edge lighting solutions that comply with stringent international safety standards such as ATEX and IECEx. Emerson’s deep industry expertise, particularly in the oil & gas, chemical, and petrochemical sectors, allows the company to provide tailored lighting solutions that address the unique challenges of these industries. Furthermore, Emerson’s robust global distribution network ensures that its products are accessible to a wide range of customers across various regions, further solidifying its position in the market.
 

Eaton Corporation plc is a dominant player in the explosion-proof lighting market, largely due to its comprehensive product offerings and a strong focus on safety and innovation. Eaton's leadership in the electrical and industrial sector has allowed the company to leverage its expertise in power management to develop advanced explosion-proof lighting solutions that cater to a broad spectrum of industries, including oil & gas, mining, pharmaceuticals, and food processing.
 

The company's reputation for reliability and durability is supported by its commitment to rigorous testing and adherence to global safety standards, which ensures that its products can withstand the harshest industrial environments. Eaton’s investments in LED technology has also positioned it at the forefront of the market, offering energy-efficient and sustainable lighting solutions. Additionally, Eaton’s global footprint, with a strong presence in North America, Europe, and Asia Pacific, enables the company to serve a diverse customer base and respond effectively to regional market demands, contributing to its significant market share.
 

Explosion-proof Lighting Market Companies

Major players operating in the explosion-proof lighting industry are:

  • Emerson Electric Co.
  • Eaton Corporation plc
  • Hubbell Incorporated
  • ABB Ltd
  • Glamox AS
  • Signify
  • GE Current
     
Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size of explosion-proof lighting reached USD 436.8 million in 2023 and is expected to grow at over 8% CAGR between 2024 and 2032, due to usage in extraction, processing, and transportation in oil & gas sector

The high bay & low bay type segment is projected to reach over USD 300 million by 2032, led by usage in facilities, such as warehouses, manufacturing plants, and storage areas

North America market recorded over 30% share in 2023, characterized by a mature industrial sector, robust safety regulations, and a strong focus on technological advancements

Emerson Electric Co., Eaton Corporation plc, Hubbell Incorporated, ABB Ltd, Glamox AS, Signify, and GE Current.

Explosion-proof Lighting Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 218
  • Countries covered: 21
  • Pages: 210
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