Global “Explosion Proof Mobile Communication Devices” Market industry is anticipated to an extensive growth during the forecast period 2018-2023. Explosion Proof Mobile Communication Devices Market report provides in detail analysis of market with revenue growth and upcoming trends. report contains the forecasts, market size, share estimates and profiles of the leading industry Players.
Explosion Proof Mobile Communication Devices Market research report provides derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Explosion Proof Mobile Communication Devices industry. The report is a reliable analysis of current scenario of the market, which covers several market dynamics.
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Global Explosion Proof Mobile Communication Devices Market is expected to register a CAGR of 7.80%, during the forecast period (2018-2023). The scope of the report is limited to Type of products offered by Major Players, which involves Asset Tags, Wearable Tags, Wireless Sensors. While the Technology considered in the scope of the report include RFID, Wi-Fi, ZigBee.
Safe communications are one of the most critical areas for businesses operating in hazardous areas. Inherently, these companies need access to information and remain constantly informed on avoiding dangers of explosions and catastrophes, due to the complexity of operations involved. Explosions can be devastating and cause huge losses of life, property, and capital, and damage the environment. Oil refineries, petrochemical plants, mining quarries, chemical factories, and corn mills are prone to high risks, due to the presence of highly inflammable substances in large quantities. They need to be constantly monitored, to ensure safety and productivity. Explosion proof communication devices may be used to transmit images, data, and voice to monitor and control such places.
Government Rules and Regulations on the Use of Safe Equipment in Hazardous Places
Ensuring safe handling of hazardous substances in industrial areas has been a major concern for all the parties involved in the same. In the wake of industrial explosions in the oil and mining sector, governmental agencies and trade bodies of all major economies have discussed the need for stringent regulations. These regulations are centered on the use of explosion proof equipment in all major industries. All the major electrical product manufacturers have revamped their operations to account for these changes in regulations. As the oil and mining sector has witnessed a tremendous growth due to identification of substantial reserves in emerging countries, the explosion proof equipment market is expected to record high growth rates in this sector. A regulation is usually imposed by a governmental agency and trade units have to comply with them. The Dangerous substances and Explosive Atmospheres Regulation (DSEAR) has been commissioned in the United Kingdom to prescribe safety regulations for industrial areas that have a potentially hazardous environment.
Oil and Gas Industry One of the Primary Recipients of Explosion Proof Mobile Communication Devices Market.
The country is the leading global exporter of oil and second largest producer in the world. More than 90% of the country’s budget revenues come from petroleum sector. These huge oil production capabilities are the major drivers of the global explosion proof equipment market. In Apr 2010, the largest accidental marine oil spill in the history of the petroleum industry, commonly referred to as the Deepwater Horizon oil spill, occurred in the Gulf of Mexico on the British Petroleum operated Macondo Prospect. In this accident, eleven people went missing and were never found. The US Government estimated the total spillage was at 4.9 million barrels (US 210 million gallons; 780,000 m3). This massive oil spill affected the health, economy, and environment in a very severe way. The US government has laid out some stringent regulations about the policies and safety equipment to be used. These policies included the usage of explosion proof devices, to provide safety. The implementation of safety policies is anticipated to increase the dependence on explosion proof equipment, indirectly boosting the growth of the global market.
North America Expected to Have One of the Highest Growth Compared to Other Regions
The continuous efforts in this region to explore new mineral sites are driving demand for explosion proof communication devices. The United States is one of the largest oil producing nations in the world. As of 2015, petroleum and natural gas were the two largest sources of energy in the United States, contributing to over 60% of the energy consumption. The country currently generates about 9.2 million barrels of oil a day, about half of which is shale production. In addition, the congress recently lifted 40-year old oil export ban, which is expected to boost the US oil industry, thereby driving the demand for explosion proof communication devices in the country. Moreover, with the incidences of industrial explosions increasing in the recent times, US safety organizations are trying to implement the regulations strictly, contributing to the increased sales of explosion proof communication devices.
Key Developments In The Market
• August 2017 – Hytera has launched two handheld devices to provide optimal working environment safety in potentially explosive areas
• May 2017 – Bechoff Automation has entered into the hazardous solutions industry. Its product portfolio has explosion proof control panels and PC devices, etc.
The Major Players include – BARTEC GROUP, ECOM INSTRUMENTS, AIRACOM LTD., EMERSON PROCESS MANAGEMENT, MOTOROLA, SONIM TECHNOLOGIES INC., PANASONIC CORP, JFE ENGINEERING CORP, INTERMEC, and KENWOOD CORP, amongst others.
Major Regions: – US, Canada, Mexico, Rest of North America, Brazil, Argentina, Rest of South America, China, Japan, India, Rest of Asia-Pacific, UK, Germany, France, Rest of Europe, UAE, South Africa, Saudi Arabia
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- Analysing various perspectives of the Explosion Proof Mobile Communication Devices market size with the help of Porter’s five forces analysis.
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- Identify the latest developments, Explosion Proof Mobile Communication Devices market shares and strategies employed by the major market players.
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Major Points Covered in Table of Content of Explosion Proof Mobile Communication Devices Market forecast 2023
1. Introduction of Explosion Proof Mobile Communication Devices Market Report
1.1 Study Deliverables
1.2 General Study Assumptions
2. Research Methodology
2.2 Analysis Methodology
2.3 Study Phases
2.4 Econometric Modelling
3. Executive Summary
4. Market Overview and Explosion Proof Mobile Communication Devices Market Trends
4.2 Market Trends
4.3 Porter’s Five Force Framework
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products and Services
4.3.5 Competitive Rivalry within the Industry
5. Explosion Proof Mobile Communication Devices Market Dynamics
6. Global Explosion Proof Mobile Communication Devices Market, Segmented by Size
7. Global Explosion Proof Mobile Communication Devices Market, Segmented by Technology Type
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8. Global Explosion Proof Mobile Communication Devices Market, Segmented by Geography
8.1 North America
8.1.1 United States
8.2 South America
8.4.1 United Kingdom
8.5 Africa and Middle East
8.5.2 South Africa
8.5.3 Saudi Arabia
9. Competitive Landscape
9.2 Market Share Analysis
9.3 Developments of Key Players
10. Key Vendor Analysis (Overview, Products & Services, Strategies)
11. Future Outlook of the Market
And Many More……….
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