The global Hazardous Location Lighting market was 140 million US$ in 2018 and is expected to 220 million US$ by the end of 2025, growing at a CAGR of 7.3% between 2019 and 2025.
Los Angeles, CA -- (SBWIRE) -- 05/21/2019 -- A hazardous location is defined as a place where concentrations of flammable gases, vapors or dusts occur. Electrical equipment that must be installed in such locations is specially designed and tested to ensure it does not initiate an explosion, due to arcing contacts or high surface temperature of the equipment.
Recent changes in the regulations in the US has led to the discontinuation of mercury vapor ballasts and metal halide luminaires, which has demanded a need for specialized lighting in hazardous areas. LEDs are sturdy, reliable, versatile, directional, cold start capable, efficient, non-toxic and durable. In the past few years, there has been a continuous technological advancement in manufacturing the bright white LED fixtures for industrial lighting. Hence, they are a good choice for indicator lamps as they are capable of replacing the traditional incandescent lamps at a fast rate.
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The key players are Dialight Corporation, GE Lighting, Emerson Electric, Eaton, Hubbell ncorporated, Acuity Brands, AZZ Inc., Kenall Manufacturing, Nemalux, LDPI, Cree, Thomas & etts Corporation (ABB), Phoenix Products Company, Larson Electronics, Unimar, Solas Ray Lighting (Continental Inc), Western Technology, Lind Equipment.
The leading companies own the advantages on better performance, more abundant product's types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Dialight Corporation
GE Lighting
Emerson Electric
Eaton
Hubbell Incorporated
Acuity Brands
AZZ Inc.
Kenall Manufacturing
Nemalux
LDPI
Cree
Thomas & Betts Corporation (ABB)
Phoenix Products Company
Larson Electronics
Unimar
Solas Ray Lighting (Continental Inc)
Western Technology
Lind Equipment
By the product type, the market is primarily split into
LED
Fluorescent
Incandescent
High Pressure Sodium
By the end users/application, this report covers the following segments
Oil & Gas
Mining
Industrial
Power Generation
Public & Infrastructure
Others
Global Hazardous Location Lighting Market: Regional Segmentation
The chapter on regional segmentation details the regional aspects of the Global Hazardous Location Lighting Market. This chapter explains the regulatory framework that is likely to impact the overall market. It highlights the political scenario in the market and the anticipates its influence on the Global Hazardous Location Lighting Market.
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
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Global Hazardous Location Lighting Market: Research Methodology
Analysts have aimed at providing readers with accurate and precise data about the market. For the same reason, they have employed primary and secondary research methodologies. The research report uses top-down and bottom-up approaches for segmentation, interviews for collecting primary data, and various calculative methods for putting together secondary data.
Strategic Points Covered in TOC:
Chapter 1: Introduction, market driving force product scope, market risk, market overview, and market opportunities of the Global Hazardous Location Lighting Market.
Chapter 2: Evaluating the leading manufacturers of the Global Hazardous Location Lighting Market which consists of its revenue, sales, and price of the products.
Chapter 3: Displaying the competitive nature among key manufacturers, with market share, revenue, and sales.
Chapter 4: Presenting Global Hazardous Location Lighting Market by regions, market share and with revenue and sales for the projected period.
Chapter 5, 6, 7, 8 and 9: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
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