Asia Pacific Hazardous Area Equipment Market Size, Share & Industry Trends Analysis Report By Product, By Industry (Oil & Gas, Food & Beverages, Chemical & Pharmaceuticals, Energy & Power, Mining, and Others), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Hazardous Area Equipment Market would witness market growth of 6.1% CAGR during the forecast period (2022-2028).
In the division system, zones were used as the international classification system for hazardous locations containing flammable gases, liquids or vapours, combustible dust, or ignitable flyings. Zones 0, 1, and 2 were designated for gases and vapours, and Zones 20, 21, and 22 were designated for combustible dust and ignitable flyings, respectively.
Zone-rated equipment is still subject to certification of standard site standards in the United States today. The American National Standards Institute (ANSI) and the International Society of Automation (ISA) created the AEx designation to guarantee that zone equipment complies with both the American safety standards for regular locations and hazardous locations. As a result, a crucial marking need within the zone material nomenclature is the AEx sign.
Relevant data for the Hazardous Area Classification of combustible vapours and gases includes Flash Point (FP), auto-ignition temperature (AIT), upper and lower flammable limits (UFL and LFL), vapour density, and vapour pressure. Other pertinent information may include include the greatest experimental safe gap, the minimum igniting current, and the minimum ignition energy (MESG).
Workplaces in Asia Pacific Hazardous zones that include electrical equipment must, by law, adhere to all relevant Australian rules and laws. Australian standards, known as ANZEx, are often based on and similar to IECEx standards. In Australia, IECEx is a recognised legal method of compliance. IECEx technical standards and certifications issued by IECEX ACBs are accepted by ANZEx. So, when government restrictions increase, employers and site owners are compelled to follow them in order to maintain the safety of the environment. The need for hazardous area equipment is growing in the Asia Pacific region as a result.
The China market dominated the Asia Pacific Hazardous Area Equipment Market by Country in 2021; thereby, achieving a market value of $1,113.1 million by 2028. The Japan market is registering a CAGR of 5.4% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 6.7% during (2022 - 2028).
Based on Product, the market is segmented into Cable Glands & Accessories, Measurement Devices, Control Products, Lighting Product, Alarm Systems, and Motors. Based on Industry, the market is segmented into Oil & Gas, Food & Beverages, Chemical & Pharmaceuticals, Energy & Power, Mining, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Hazardous Area Equipment Market is Projected to reach USD 13.5 Billion by 2028, at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Honeywell International, Inc., Siemens AG, Emerson Electric Co., Rockwell Automation, Inc., Eaton Corporation PLC, R. STAHL AG, E2S Warning Signals, NHP Electrical Engineering Products Pty Ltd. and PATLITE Corporation
Scope of the Study
Market Segments Covered in the Report:
- Cable Glands & Accessories
- Measurement Devices
- Control Products
- Lighting Product
- Alarm Systems
- Oil & Gas
- Food & Beverages
- Chemical & Pharmaceuticals
- Energy & Power
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- ABB Group
- Honeywell International, Inc.
- Siemens AG
- Emerson Electric Co.
- Rockwell Automation, Inc.
- Eaton Corporation PLC
- R. STAHL AG
- E2S Warning Signals
- NHP Electrical Engineering Products Pty Ltd.
- PATLITE Corporation
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