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 October 14, 2015 - 5:11 AM EDT
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Research and Markets: Global Explosion Proof Equipment Market By Type of Substances, Equipment, Zones, Systems, Region and Vendors Forecasts and Trends (2015-2020)

Research and Markets (http://www.researchandmarkets.com/research/5n44w8/global_explosion) has announced the addition of the "Global Explosion Proof Equipment Market By Type of Substances, Equipment, Zones, Systems, Region and Vendors Forecasts and Trends (2015-2020)" report to their offering.

The Global Explosion Proof Equipment Market is expected to grow from $4.13 Billion in 2015 to $6.13 Billion in 2020, at a CAGR of 8.23% during the period 2015 to 2020.

The other driving factor of the market is extensive usage on oil and gas industry. New discovery of oil and shale reserves in countries like Brazil, and Greenland and huge investments in the U.S. towards shale gas exploration is expected to drive the market for explosion proof equipment. Preservation of the environment is a high priority concern and the governments are cognizant of the issue. This has resulted in implementation of government regulations particularly in the oil and gas exploration industry.

Although the major markets for Explosion Proof Equipment are Mining & Oil & Gas industries, they have also found applications in fields like aerospace, construction and other industries. Asia Pacific and Latin America are expected to be high growth regions with increasing industrialization and exploration of natural resources.

The Global Explosion proof equipment market has been segmented on the basis of Type of Substances (Class I, Class II, and Class III), Type of Explosion Proof Equipment (Flameproof, Pressurized, Increased Safety, Intrinsic Safety, Oil-immersed, and Others), Hazardous Zone Classification (Zone 0, Zone 20, Zone 1, Zone 21, and Zone 2), Type of Systems (Power Supply Systems, Material Handling, Motors, Automation Systems, Surveillance Systems, and Others), and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa).

This report describes a detailed study of the Porter's five forces analysis of the market. All the five major factors have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies, geographical footprint and competition analysis.

Key Topics Covered:

1. Introduction

2. Key Findings Of The Study

3. Market Overview

4. Market Dynamics

5. Technology Overview

6. Explosion Proof Equipment Market Analysis and Forecast by Type of Substances

7. Explosion Proof Equipment Market Analysis and Forecast by Type Explosion Proof Equipment

8. Explosion Proof Equipment Market Analysis and Forecast by Hazardous Zone Classification

9. Explosion Proof Equipment Market Analysis and Forecast by Type of Systems

10. Explosion Proof Equipment Global Market - Segmented By Region

11. Vendor Market Share Analysis

12. Competitive Intelligence - Company Profiles

  • R. STAHL
  • Marechal Electric Group
  • Adalet
  • BARTEC GmbH
  • RAE Systems
  • Pepperl+Fuchs
  • Alloy Industry Co. Ltd.
  • Intertek Group
  • G.M. International srl
  • Extronics Ltd
  • Marechal Electric Group
  • Pelco
  • CorDEX Instruments

For more information visit http://www.researchandmarkets.com/research/5n44w8/global_explosion

Research and Markets
Laura Wood, Senior Manager
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Source: Business Wire (October 14, 2015 - 5:11 AM EDT)

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