Hazardous Location Lighting is lighting specifically designed and certified for use in potentially explosive or combustible atmospheres. This type of lighting is often used in industrial and commercial settings, such as offshore rigs, factories, mines, and chemical plants. Its purpose is to provide effective lighting without risking the risk of igniting combustible materials, gases, mists, or vapors. Hazardous location lighting includes luminaires, fixtures, lamps, and other components that have been certified for safe use in hazardous environments.
The global hazardous location lighting market is estimated to show steady growth due to the increasing industrial, commercial and public safety applications of hazardous location lighting. Major end-users of hazardous location lighting are energy and power, manufacturing, and healthcare. The energy and power sector has increased the demand for hazardous location lighting because there is a strong need to minimize the risk of accidents due to dangerous situations. In the healthcare sector, hazardous location lighting is used for ensuring greater patient safety and security. The demand for hazardous location lighting is also expected to increase due to the rising focus on public safety in various developing countries. In addition, Americas, China, Japan, India, and other countries are expected to witness strong growth in the use of hazardous location lighting due to the increasing number of manufacturing facilities in these countries.
The global Hazardous Location Lighting market was valued at US$ 567 million in 2022 and is anticipated to reach US$ 984.3 million by 2029, witnessing a CAGR of 8.1% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Hazardous Location Lighting Market available at: https://www.themarketreports.com/report/global-hazardous-location-lighting-market-research-report
This report aims to provide a comprehensive presentation of the global market for Hazardous Location Lighting, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hazardous Location Lighting.
Global Hazardous Location Lighting key players include Dialight Corporation, GE Lighting, Emerson Electric, Eaton, Hubbell Incorporated, etc. Global top five manufacturers hold a share about 45%. North America is the largest market, with a share about 45%, followed by Asia Pacific and Europe, total with a share about 40 percent. In terms of product, LED is the largest segment, with a share about 60%. And in terms of application, the largest application is Oil, followed by Mining & Steel, Electricity, Military & Public Safety, Railway, etc.
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