India Explosion Proof Equipment Market Size & Outlook
India explosion proof equipment market, 2018-2030 (US$M)
Related Markets
India explosion proof equipment market highlights
- The India explosion proof equipment market generated a revenue of USD 287.0 million in 2024 and is expected to reach USD 473.5 million by 2030.
- The India market is expected to grow at a CAGR of 8.7% from 2025 to 2030.
- In terms of segment, explosion prevention was the largest revenue generating protection method in 2024.
- Explosion Prevention is the most lucrative protection method segment registering the fastest growth during the forecast period.
Explosion proof equipment market data book summary
| Market revenue in 2024 | USD 287.0 million |
| Market revenue in 2030 | USD 473.5 million |
| Growth rate | 8.7% (CAGR from 2025 to 2030) |
| Largest segment | Explosion prevention |
| Fastest growing segment | Explosion Prevention |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Explosion Prevention, Explosion Containment, Explosion Segregation |
Other key industry trends
- In terms of revenue, India accounted for 3.5% of the global explosion proof equipment market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China explosion proof equipment market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 473.5 million by 2030.
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Explosion Proof Equipment Market Scope
Explosion Proof Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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India explosion proof equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to explosion proof equipment market will help companies and investors design strategic landscapes.
Explosion prevention was the largest segment with a revenue share of 57.7% in 2024. Horizon Databook has segmented the India explosion proof equipment market based on explosion prevention, explosion containment, explosion segregation covering the revenue growth of each sub-segment from 2018 to 2030.
India has become the leading driver of global oil consumption growth in 2024 and 2025, surpassing China in this regard, as noted in the U.S. Energy Information Administration’s December Short-Term Energy Outlook (STEO).
India’s crude oil production reached 4.89 million metric tons (MMT) during AprilMay 2024, and the oil & gas industry is set to attract USD 25 billion in investment for exploration and production.
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Target buyers of India explosion proof equipment market databook
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Our clientele includes a mix of explosion proof equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India explosion proof equipment market , including forecasts for subscribers. This country databook contains high-level insights into India explosion proof equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India explosion proof equipment market size, by protection method, 2018-2030 (US$M)
India Explosion Proof Equipment Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
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