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The explosion-proof lighting market size is projected to reach US$ 552.47 million by 2031 from US$ 309.60 million in 2023. The market is expected to register a CAGR of 7.5% during 2023–2031. IoT-based intelligent lighting systems are likely to set trends in the market in the upcoming years.
Explosion-Proof Lighting Market Analysis
Workplace safety and proper maintenance of hazardous locations in industrial and commercial settings have prompted the development and growth of explosion-proof equipment such as lighting. Currently, the market growth is driven by sectors such as oil & gas, chemical, and energy. Certain norms for safety in hazardous locations in these sectors are compelling these sectors to install more certified products.
Explosion-Proof Lighting Market Overview
Hazardous events across diverse industries can be easily tackled by implementing the best practices. Several agencies are responsible for certifying the types of equipment for use in a hazardous area. For instance, in North America, Underwriters Laboratories (UL) and Factory Mutual (FM) usually provide standards, testing, and certification, whereas in Canada, the Canadian Standard Association (CSA) provides approvals. Similarly, in Europe, Equipment for Potentially Explosive Atmospheres (i.e., ATEX) and the International Electrotechnical Commission (IEC) offer standards that are acknowledged worldwide. These organizations do not implement their testing, such as UL, FM, and CSA. However, they notify bodies to perform the testing so as to meet the standards set by them. Several North American players also certify their products to IEC/or ATEX standards in order to sell them internationally. However, the certifications offered by these organizations are quite different from each other.
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Explosion-Proof Lighting Market: Strategic Insights
Market Size Value in US$ 250.1 Million in 2018 Market Size Value by US$ 606.1 Million by 2027 Growth rate CAGR of 10.7% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Explosion-Proof Lighting Market: Strategic Insights
| Market Size Value in | US$ 250.1 Million in 2018 |
| Market Size Value by | US$ 606.1 Million by 2027 |
| Growth rate | CAGR of 10.7% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Explosion-Proof Lighting Market Drivers and Opportunities
Expansion of Oil & Gas Industry
The oil & gas industry plays an important role in the economic transformation of various countries. The industry accounts for the largest share of global consumption of energy resources. Natural gas is likely to be one of the fastest-growing fossil fuels in the coming years. Many countries are scaling up their oil production capacities to fulfill their domestic energy demands. According to the International Energy Agency (IEA), global oil demand is expected to rise by 6% during 2022–2028, with significant requirements from the chemicals, energy, power, aviation, and petrochemical industries. The global demand is ultimately expected to reach 105.7 million barrels per day by 2028. A rapidly increasing need for oil among various industries encourages oil & gas industry players to scale up their capacities through plant expansion strategies, which creates the need for explosion-proof equipment, such as lighting, for efficiently monitoring and controlling plant operations by enhancing workers' safety.
According to the Urwald eV report published in November 2023, 384 businesses across the world reported an average capital expenditure of more than US$ 10 million in oil & gas exploration activities during 2021–2023. The top seven companies that invested in oil & gas exploration were China National Petroleum Corporation (US$ 5.9 billion), China National Offshore Oil Corporation (US$ 3.2 billion), Saudi Aramco (US$ 2.8 billion), Pemex (US$ 2.6 billion), Sinopec Group (US$ 2.4 billion), Pioneer Natural Resources (US$ 2.1 billion), and Shell plc (US$ 2.0 billion). These investments allow them to adopt technologically advanced, smart, and intelligent explosion-proof lighting systems to enhance workers' visibility and protect them from unforeseen incidences. Thus, the expanding oil & gas industry worldwide fuel the explosion-proof lighting market growth.
Development of High-Power Explosion Proof Lighting
Explosion-proof lighting is mostly employed in hazardous and demanding conditions containing combustible gases and dust. These lights have a good explosion-proof function, making them suitable for IIA, IIB, and IIC explosive gas environments. In addition to their primary application in oil & gas, chemicals, pharmaceuticals, energy, and mining industries, they find potential applications in the railway, electric power, metallurgy, petroleum and petrochemicals, chemicals, steel, aviation, and shipbuilding industries, among others. These industries generate a significant demand for high-power explosion-proof lighting to prevent explosions caused by equipment or other accidents at the working sites. High-power explosion-proof lighting products are designed to withstand harsh operating conditions, including high temperatures and extreme heat, making them ideal for use in hazardous locations. Dongguan Ming Yang Lighting Limited provides well-designed, high-power, explosion-proof lighting systems that operate with stability and endurance in high-temperature conditions. These systems feature high-strength aluminum radiators with an air convection structure, which helps withstand heat. A constant current drive, protection against short circuit and overvoltage protection, and high electromagnetic compatibility are among other noteworthy features of this system, which render them suitable for application in hazardous industries such as metallurgy, petroleum, petrochemical, chemicals, steel, oil & gas, marine, and mining. Thus, the development of high-power explosion-proof lighting systems is expected to create lucrative opportunities for the explosion-proof lighting market growth during the forecast period.
Explosion-Proof Lighting Market Report Segmentation Analysis
Key segments that contributed to the derivation of the explosion-proof lighting market analysis are type, light type, and end user.
- Based on type, the market is segmented into fixed lighting, small and portable lighting, and mobile lighting. The fixed lighting segment held the largest market share in 2023.
- By light type, the market is divided into LED light, high-intensity discharge light, fluorescent light, and incandescent light. The LED light segment held the largest market share in 2023.
- In terms of end user, the market is segmented into oil and gas, chemical, pharmaceutical, energy, manufacturing, food and beverages, military and defense, transportation and logistics, clean and medical, paint shop and application technology, agriculture and farming, public and community, and others. The oil and gas segment dominated the market in 2023.
Explosion-Proof Lighting Market Share Analysis by Geography
The geographic scope of the explosion-proof lighting market report is mainly divided into five regions: North America, Asia Pacific, Europe, the Middle East & Africa, and South & Central America.
Asia Pacific held a significant market share in 2023. The Asia Pacific explosion-proof lighting market is segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The region is expected to record the highest CAGR in the market during 2023–2031, and the projected market growth can be ascribed to the expanding mining industry and government support toward the development of smart manufacturing facilities. According to a 2023 report from the International Energy Agency (IEA), India, China, and Indonesia contribute massive shares to global coal production. China’s coal production increased by 3.3% and reached 4,631 metric tons in 2023, surpassing the production levels recorded in 2022 by 417 metric tons. Similarly, India’s coal production rose by 7% and reached 989 metric tons in 2023. Governments of these countries focus on encouraging technological advancements in the mining sector and supporting the development of smart manufacturing facilities, which indicates potential demand for explosion-proof lighting in these industries. As per an article published in NS Energy, the Government of India has plans to start 647 oil & gas projects during 2021–2025 to transform India into a gas-based economy. Further, according to Sinopec, a national oil company, the natural gas demand in China reached 395 bcm in 2022, recording a 7% increase from the 370 bcm demand generated in 2021. Workers in the oil & gas industry often operate in hazardous locations and explosive environments. Thus, the surging number of oil & gas projects fuels the demand for explosion-proof lighting in Asia Pacific to safeguard employees from hazardous gas vapors, flammable liquids, or combustible dust.
Explosion-Proof Lighting Market Report Scope
Explosion-Proof Lighting Market News and Recent Developments
The explosion-proof lighting market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the explosion-proof lighting market are listed below:
- Airfal expanded its ATEX portfolio with the launch of GLASSEX, a luminaire with IP69K and IK07 protection made of glass, a material that has high compatibility with a great number of chemicals, which gives it strong resistance to very corrosive environments. (Source: Airfal, Press Release, April 2021)
- Originally engineered for land-based drilling rigs, Emerson expanded its line of Appleton Rigmaster LED linear luminaires to bring the fixture's low-profile, lightweight and energy-efficient design to new lighting applications. Appleton Rigmasters are now available for explosiveproof, hazardous and ordinary industrial locations, making the luminaires suited for underground tunnels, foundries, warehouses, and food processing plants, among other locations where dirt, dust and moisture are a problem. (Source: Emerson Electric Co, Press Release, January 2023)
Explosion-Proof Lighting Market Report Coverage and Deliverables
The "Explosion-Proof Lighting Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Explosion-proof lighting market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Explosion-proof lighting market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Explosion-proof lighting market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the explosion-proof lighting market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Light Type ; Type ; and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Frequently Asked Questions
The global explosion proof lighting market is estimated to register a CAGR of 7.5% during the forecast period 2023–2031.
The global explosion proof lighting market is expected to reach US$ 552.47 million by 2031.
IoT-based intelligent lighting systems to play a significant role in the global explosion proof lighting market in the coming years.
The key players holding majority shares in the global explosion proof lighting market are ABB Ltd, Eaton Corp Plc, Cortem S.p.A., Pepperl+Fuchs SE, ABTECH, Signify Holding (Philips), Glamox, TREVOS, a.s., TEP Ex d.o.o., Hubbell Inc, Emerson Electric Co, Rockwell Automation Inc, Adolf Schuch GmbH, Airfal International, LDPI, Inc, R. STAHL AG, NORKA, Alfred PRACHT Lichttechnik GmbH.
North America dominated the explosion proof lighting market in 2023.
Need to ensure workforce safety, expansion of oil & gas industry, and increasing preference for handheld LED lights are the major factors that propel the global explosion proof lighting market.
The List of Companies - Explosion Proof Lighting Market
- ABB Ltd
- Hubbell Inc
- Eaton Corp Plc
- Cortem S.p.A.
- Pepperl+Fuchs SE
- Emerson Electric Co
- Rockwell Automation Inc
- General Electric Co
- Adolf Schuch GmbH
- Airfal International
- LDPI, Inc
- ABTECH
- Signify Holding (Philips)
- R. STAHL AG
- NORKA
- Glamox
- TREVOS, a.s.
- TEP Ex d.o.o.
- Alfred PRACHT Lichttechnik GmbH
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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