Zion Market Research, the market research group announced the analysis report titled "Fire and Explosion Proof Lights Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024".
Sarasota, FL -- (SBWIRE) -- 08/04/2017 -- Global Fire and Explosion Proof Lights Market: Overview
In the fire and explosion proof lights, the components are protected within a cage. This cage can withstand any type of explosions thus protecting the surrounding against fire accidents. Fire and explosion proof lights are widely used in the chemical industry, petrochemical industry, mining industry, military, inspection, oil field, power station, police, rescue relief, and much more.
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Global Fire and Explosion Proof Lights Market: Segmentation
The global market for the fire and explosion proof lights is fragmented into its product type and end-user industry. Based on the product type, the global market is segregated into fire and explosion proof hand lamps, fire and explosion proof tank lights, fire and explosion proof string lights, fire and explosion proof flash lights, and others. Based on the end-user industry, the market is categorized into the mining industry, power industry, chemical sector, oil and gas industry, and others.
Global Fire and Explosion Proof Lights Market: Growth Factors
The demand for the lighting equipment increases in the dangerous situations of the marine which requires the maintenance of the oil rig that is off shore. The demand for the fire and explosion proof lights increases owing to the presence of the volatile and highly flammable petrochemicals. The growing amount of the off shore gas and oil stations anticipate driving the demand for the fire and explosion proof lights. The other factors that are driving the demand of the fire and explosion proof lights market are replacing the existing lighting system with the fire and explosion proof lights in various infrastructures, strict laws that are imposed by the government bodies for the installation of the improved lighting system in dangerous workplaces to ensure the security of the employees, and the increased adoption of the fire and explosion proof lights in several law enforcement agencies is positively affecting the growth of the market. Owing to all these factors the market will grow tremendously in the coming years.
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Global Fire and Explosion Proof Lights Market: Regional Analysis
Depending on the geographical regions, the global market for the fire and explosion proof lights is diversified into North America, the Middle East and Africa, Asia Pacific, Eastern Europe, Latin America, and Western Europe. The regional market that is dominating the global market is the Middle East and Africa region. The key factor that attributes to this market growth is the presence of a large number of oil and gas industries in this region thus increasing the demand for the fire and explosion proof lights. The strict rules that are imposed by the government in the regions such as Europe and North America about the lighting system in the work places that deals with dangerous works propel the growth of the fire and explosion proof lights market.
Global Fire and Explosion Proof Lights Market: Competitive Players
The key market players that are involved in the fire and explosion proof lights market include Larson Electronics, Zhejiang Tormin Electrical Co., Petro Middle East, Brite Strike Technologies, Hubbell Ltd., Nordland Lighting, R. Stahl, Eaton, and others.
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