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Demand for Hazardous Area Equipment to Reach $12 billion by 2030

The Hazardous Area Equipment global market report analyzes market by Product Type (Cable Glands & Accessories, Electric Motors, Industrial Controls, Process Instruments, Strobe Beacons, Others), by End-Use Sector (Chemical & Pharmaceutical, Energy & Power, Food & Beverage, Mining, Oil & Gas, Others), and by geographic region (North America, Europe, Asia-Pacific, South America and Middle East & Africa for 2021-2030 period in terms of value in US$ million, projected from 2024 through 2030.

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Demand for Hazardous Area Equipment to Reach $12 billion by 2030

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  1. Increasing Industries with Hazardous Environment and Stringent Gov Regulatory Driving the Demand for Hazardous Area Equipment to Reach $12 billion by 2030

  2. A new report from Industry Experts, Inc. on "Hazardous Area Equipment Market", is published. This report reveals that the reveals that the market for Hazardous Area Equipment is anticipated to register a CAGR of 6.2% between 2024 and 2030 in standing at a projected US$16.9 billion by 2030 from an estimated US$11.8 billion in 2024.

  3. The report analyzes the global market for hazardous area equipment across major regions including North America (The United States, Canada and Mexico), Europe (France, Germany, Italy, Russia, Spain, The United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific), South America (Argentina, Brazil and Rest of South America) and Middle East & Africa.

  4. Worldwide market for hazardous area equipment studied in this report with respect to Product Type – Cable Glands & Accessories, Electric Motors, Industrial Controls, Process Instruments, Strobe Beacons and Others (Incl. Alarm Systems, Control Panel Products, Explosion-Proof Enclosures, Gas Detectors, Lighting Products and Measurement Devices); End-Use Sector – Chemical & Pharmaceutical, Energy & Power, Food & Beverage, Mining, Oil & Gas and Others (Incl. Pulp & Paper, Water & Wastewater Treatment and Transportation).

  5. About Industry Experts, Inc. Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com/

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