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Theu00a0global explosion proof equipment market size is anticipated to register a significant CAGR of around 7% during the forecast period 2021 to 2027 and expected to reach around USD 10 billion by 2027. The increasing adoption of explosion proof equipment in oil and gas industry and rapid growth in mining sector are some major factors to drive the market growth. The global mining industry is accounted to grow at around 13% growth rate and valued at over USD 1600 billion in 2020. Furthermore, the oil and gas industry is expected to reach over $ 2 trillion by 2021. Both industries are accounted to fuel the explosion proof equipment industry in next upcoming years.<br>
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Global Explosion Proof Equipments Market Explosion Proof Equipments Market by Hazardous, by Application System Type, by End-Use Industry, by Region, Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027 To know more about this study, request a free sample report @ https://www.researchcorridor.com/request-sample/?id=11099
Global Explosion Proof Equipments Market Research Methoddolgy: Theglobal explosion proof equipment market size is anticipated to register a significant CAGR of around 7% during the forecast period 2021 to 2027 and expected to reach around USD 10 billion by 2027. The increasing adoption of explosion proof equipment in oil and gas industry and rapid growth in mining sector are some major factors to drive the market growth. The global mining industry is accounted to grow at around 13% growth rate and valued at over USD 1600 billion in 2020. Furthermore, the oil and gas industry is expected to reach over $ 2 trillion by 2021. Both industries are accounted to fuel the explosion proof equipment industry in next upcoming years.
Global Explosion Proof Equipments Market Global Explosion Proof Equipment Market Segmentation: By Hazardous Zo:ne • Zone 0 • Zone 20 • Zone 1 • Zone 21 • Zone 2 • Zone 22 By Applicable System Type: • Material Handling Systems • Surveillance Systems • Power Supply Systems • Motors • Automation Systems • Others
Global Explosion Proof Equipments Market Global Explosion Proof Equipment Market Segmentation: By End-Use Industry: • Pharmaceuticals • Oil & Gas • Industrial Manufacturing & Processing • Mining & Energy • Others By Region: • North America • Europe • Asia Pacific • Latin America • Middle East & Africa
Global Explosion Proof Equipments Market Resrach Methoddolgy:
Global Explosion Proof Equipments Market List of Key Companies: • Adalet • Intertek Group Plc • Extronics Ltd • Bartec Group • Stahl AG • Pepperl+FuchsGmbh • Siemens AG • Rockwell Automation, Inc. • Cooper Industries (Eaton) • ABB Group • BCom Solutions, Inc.
Global Explosion Proof Equipments Market By Region:
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