ResearchMoz presents professional and in-depth study of "Global Hazardous Location Lighting Market Research Report 2019".
Constant change in the demands of end-use industries world over have broadly underpinned several significant technology shifts in the Hazardous Location Lighting market. Over the years, new performance requirements in applications in key industries have emerged. To this end, a growing number of companies in the Hazardous Location Lighting market are fast recalibrating their strategies to gain a stronghold and gain competitive edge in near future. Adoption of cutting-edge manufacturing techniques and technologically-advanced equipment have in recent years unleashed disruptive forces, which define the game-changing potential of players in the Hazardous Location Lighting market. Further, consistently growing investments in the manufacturing industries in developing regions has unlocked new prospects in the entire business value chain.
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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 revenue, the global market size of Hazardous Location Lighting was 382.48 million USD in 2016 and will be 616.39 million USD in 2022. 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 Corporation, GE Lighting, Emerson Electric, Eaton, Hubbell ncorporated, Acuity Brands, AZZ Inc., Kenall Manufacturing, Nemalux, LDPI, Cree, Thomas & etts Corporation (ABB), Phoenix Products Company, 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 limited 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 group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
The global Hazardous Location Lighting market is valued at 410 million US$ in 2018 is expected to reach 770 million US$ by the end of 2025, growing at a CAGR of 8.1% during 2019-2025.
This report focuses on Hazardous Location Lighting volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hazardous Location Lighting market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Segment by Regions
North America
Europe
China
Japan
Make An Enquiry @ https://www.researchmoz.us/enquiry.php?type=E&repid=2104641
Segment by Type
LED
Fluorescent
Incandescent
High Pressure Sodium
Others
Segment by Application
Oil
Mining & Steel
Railway
Electricity
Military & Public Safety
Others
For More Information Kindly Contact:
ResearchMoz
Mr. Nachiket Ghumare,
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
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Constant change in the demands of end-use industries world over have broadly underpinned several significant technology shifts in the Hazardous Location Lighting market. Over the years, new performance requirements in applications in key industries have emerged. To this end, a growing number of companies in the Hazardous Location Lighting market are fast recalibrating their strategies to gain a stronghold and gain competitive edge in near future. Adoption of cutting-edge manufacturing techniques and technologically-advanced equipment have in recent years unleashed disruptive forces, which define the game-changing potential of players in the Hazardous Location Lighting market. Further, consistently growing investments in the manufacturing industries in developing regions has unlocked new prospects in the entire business value chain.
Get Free PDF for more Professional and Technical insights @ https://www.researchmoz.us/enquiry.php?type=S&repid=2104641
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 revenue, the global market size of Hazardous Location Lighting was 382.48 million USD in 2016 and will be 616.39 million USD in 2022. 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 Corporation, GE Lighting, Emerson Electric, Eaton, Hubbell ncorporated, Acuity Brands, AZZ Inc., Kenall Manufacturing, Nemalux, LDPI, Cree, Thomas & etts Corporation (ABB), Phoenix Products Company, 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 limited 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 group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
The global Hazardous Location Lighting market is valued at 410 million US$ in 2018 is expected to reach 770 million US$ by the end of 2025, growing at a CAGR of 8.1% during 2019-2025.
This report focuses on Hazardous Location Lighting volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hazardous Location Lighting market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
- Dialight Corporation
- GE Lighting
- Emerson Electric
- Eaton
- Hubbell Incorporated
- Acuity Brands
- AZZ Inc.
- Kenall Manufacturing
- Nemalux
- LDPI
- Cree
- Thomas & Betts Corporation (ABB)
- Phoenix Products Company
- Larson Electronics
- Unimar
- Solas Ray Lighting (Continental Inc)
- Western Technology
- Lind Equipment
Segment by Regions
North America
Europe
China
Japan
Make An Enquiry @ https://www.researchmoz.us/enquiry.php?type=E&repid=2104641
Segment by Type
LED
Fluorescent
Incandescent
High Pressure Sodium
Others
Segment by Application
Oil
Mining & Steel
Railway
Electricity
Military & Public Safety
Others
For More Information Kindly Contact:
ResearchMoz
Mr. Nachiket Ghumare,
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Follow us on LinkedIn @ https://www.linkedin.com/showcase/13221461
Follow me on : https://marketinfo247.wordpress.com/
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