The global explosion-proof equipment market was valued at USD 9.04 billion in 2020 and is projected to reach USD 129.8 billion in 2026, at a CAGR of 6% during 2021-2027. Rising demand for integrated systems, advances in the automation sector, growth in the industrial sector, and stringent government regulations on hazardous area handling are expected […]
Tag Archives: Explosion Proof Equipment Market Size
The explosion proof equipment market accounted to US$ 8.1 Bn in 2018 and is expected to grow at a CAGR of 6.7% during the forecast period 2019 – 2025, to account to US$ 14.33 Bn by 2025. North America is expected to dominate the global market during the analysis period, with an average annual growth […]