Global (AMER, APAC, BRICS and EMEA) Hazardous Location Lighting Market Research Report 2019-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Hazardous Location Lighting Market


A hazardous location is defined as a place where concentrations of flammable gases, vapors or dusts occur. Electrical equipment that must be installed in such locations is specially designed and tested to ensure it does not initiate an explosion, due to arcing contacts or high surface temperature of the equipment. In terms of volume, the Sales of Hazardous Location Lighting was about 975.71 K Units in 2016. And it is anticipated to reach 1716.96 K Units by 2022. Recent changes in the regulations in the US has led to the discontinuation of mercury vapor ballasts and metal halide luminaires, which has demanded a need for specialized lighting in hazardous areas. LEDs are sturdy, reliable, versatile, directional, cold start capable, efficient, non-toxic and durable. In the past few years, there has been a continuous technological advancement in manufacturing the bright white LED fixtures for industrial lighting. Hence, they are a good choice for indicator lamps as they are capable of replacing the traditional incandescent lamps at a fast rate. The key players are Dialight , GE Lighting, Emerson Electric, Eaton, Hubbell ncorporated, Acuity Brands, AZZ, Kenall Manufacturing, Nemalux, LDPI, Cree, Thomas & etts (ABB), Phoenix Products, Larson Electronics, Unimar, Solas Ray Lighting (Continental Inc), Western Technology, Lind Equipment. The leading companies own the advantages on better performance, more abundant products types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin. The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times. Significant and lasting barriers make entry into this market difficult. These barriers include, but are not to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions unfair methods of competition. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive . The study recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

In 2019, the market size of Hazardous Location Lighting is 446.3 million US$ and it will reach 769.9 million US$ in 2025, growing at a CAGR of 8.1% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.

In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Hazardous Location Lighting. This report studies the global market size of Hazardous Location Lighting, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Hazardous Location Lighting production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

Market Segmentation, Outlook & Regional Insights: Hazardous Location Lighting Market

Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:

  
LED
  
Fluorescent
  
Incandescent
  
High Pressure Sodium
  
Others

Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:

  
Oil
  
Mining & Steel
  
Railway
  
Electricity
  
Military & Public Safety
  
Others

Key Players, Recent Developments & Sector Viewpoints: Hazardous Location Lighting Market

  
Dialight
  
GE Lighting
  
Emerson Electric
  
Eaton
  
Hubbell Incorporated
  
Acuity Brands
  
AZZ
  
Kenall Manufacturing
  
Nemalux
  
LDPI
  
Cree
  
ABB
  
Phoenix Products
  
Larson Electronics
  
Unimar
  
Solas Ray Lighting (Continental Inc)
  
Western Technology
  
Lind Equipment

Key Insights Covered: Exhaustive Hazardous Location Lighting Market

1. Market size (sales, revenue and growth rate) of Hazardous Location Lighting industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Hazardous Location Lighting industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Hazardous Location Lighting industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Hazardous Location Lighting industry.

Research Methodology: Hazardous Location Lighting Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.