Global Explosion-Proof Equipment Market is expected to grow with the CAGR of 6.7% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

Access Full Report @ https://www.databridgemarketresearch.com/reports/global-explosion-proof-equipment-market

Global explosion-proof equipment market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global explosion-proof equipment market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

• In January 2020, ABB launched smart sensor for rotating to machines monitor powertrain equipment in hazardous areas. These smart sensors allows customers to see problems earlier and offer more monitoring capabilities, communication range and exceptional battery life certified with ATEX, IECEx and NEC. This has helped the company to enhance their product portfolio and customer base in the market.

Johnson Controls is dominating the market and the players in the market include Eaton, BARTEC, Pepperl+Fuchs, ABB, Honeywell International Inc, Rockwell Automation, Inc., Intertek Group plc, Adalet, ALLOY INDUSTRY CO., LTD., Bosch Rexroth AG, CorDEX Instruments, Extronics, G.M. International srl, MarechalElectric, MIRETTI, R. STAHL AG, Siemens, UMEB ELEKTROMOTOREN, WEG, and ZhongTong among others.

Johnson Controls

Johnson Controls headquartered in Manchester, U.K., was founded in year 1885. The company is engaged in manufacturing and providing systems and digital solutions of building products, technologies, software, and services in various industries The company offers wide range of product categories such as HVAC equipment, building automation and controls, security, fire detection, fire suppression, digital solutions, industrial refrigeration, residential and smart home, retail solutions, oil and gas, naval and marine solutions out of which oil and gas is the market focused product category.

For instance,

• In October 2017, Johnson Controls sold their Scott Safety business to 3M for approximately USD 2.0 billion. Scott Safety provides high performance respiratory protection, gas and flame detection and thermal imaging. This has helped the company to increase their business opportunities through generated funds.

The company has presence North America, South America, Asia-Pacific, Europe, Middle East and Africa, generates revenue from subsidiaries such as SimplexGrinnell (U.S.), VARTA (Germany), Tyco Integrated Security (U.S.), York International (U.S.), Recaro (Germany) among others.

Eaton

Eaton headquartered in California, U.S., was founded in 1911. The company is engaged in manufacturing and providing providing electrical, aerospace, hydraulic and vehicle related products and services. The company offers wide range of product categories such as Lightening Solutions, Utility Grade Power, Life Safety & Mass Notification, Structural Support, Fusible Circuit Protection, Hazardous Environments and Wiring Devices out of which Hazardous Environments is the market focused product category.

For instance,

• In May 2020, Eaton launched New Recessed HRL LED explosion-proof lighting which is suitable for extreme temperature environment and hazardous explosion-proof areas. This product has excellent performance and 50% cost saving and energy consumption capabilities than the traditional and ensure the safety of working conditions. Through this, the company will enhance their product portfolio in the market.

The company has wide global presence across the North America, South America, Europe, Asia-Pacific, Middle East and Africa generates revenue from subsidiaries such as Crouse-Hinds Company (U.S.), SOURIAU SAS (U.S.), Cooper Power Systems, LLC (U.S.), COOPER BUSSMANN INC (U.S.) and Wright Line LLC (U.S.) among others.

BARTEC

BARTEC is headquartered in Bad Mergentheim, Germany, which was founded in 1975. The company is engaged in developing and providing solutions and innovations to prevent explosions and provide safety to various industries. The company has product categories which are Analyzers and Measurement Technology, Automation & Enterprise Mobility, Electrical Engineering for Mining, Communications, Control and Connection Equipment and Heating Technology out of which Communications, Control and Connection Equipment is market focused category.

For instance,

• In March 2017, BARTEC entered into partnership with eVision for the delivery of rugged and intrinsically safe devices. This partnership enabled distribution of eVision’s suite of mobile Control of Work applications on BARTEC’s explosion-proof mobile devices. Through this, the company was able to set new standards for enterprise mobility in hazardous areas and enhance their offerings and customer base.

The company has wide global presence in North America, South America, Asia-Pacific, Europe, Middle East, and Africa.