Market revenue in 2024 | USD 74.7 million |
Market revenue in 2030 | USD 107.0 million |
Growth rate | 6.3% (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 |
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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 57.3% in 2024. Horizon Databook has segmented the Israel explosion proof equipment market based on explosion prevention, explosion containment, explosion segregation covering the revenue growth of each sub-segment from 2018 to 2030.
Israel ranks as the 15th-largest natural gas producer globally, with output rising by 13% in 2023 compared to 2022, contributing 0.53% to global production.
This growth is driven by expanding offshore gas exploration and production activities, which demand advanced safety measures. Explosion-proof equipment plays a critical role in mitigating risks in these hazardous environments, fueling its demand in Israel's energy sector.
Horizon Databook provides a detailed overview of country-level data and insights on the Israel explosion proof equipment market , including forecasts for subscribers. This country databook contains high-level insights into Israel explosion proof equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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