Middle East & Africa Explosion Proof Equipment Market Size & Outlook
Middle East & Africa explosion proof equipment market, 2018-2030 (US$M)
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MEA explosion proof equipment market highlights
- The MEA explosion proof equipment market generated a revenue of USD 844.6 million in 2024.
- The market is expected to grow at a CAGR of 6.4% 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.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 844.6 million |
| Market revenue in 2030 | USD 1,214.8 million |
| Growth rate | 6.4% (CAGR from 2025 to 2030) |
| Largest segment | Explosion prevention |
| Fastest growing segment | Explosion Prevention |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Explosion Prevention, Explosion Containment, Explosion Segregation |
Other key industry trends
- In terms of revenue, MEA region accounted for 10.3% of the global explosion proof equipment market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,085.0 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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Middle East & Africa 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 57.67% in 2024. Horizon Databook has segmented the Middle East & Africa explosion proof equipment market based on explosion prevention, explosion containment, explosion segregation covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa region has witnessed a steady increase in the demand for explosion-proof equipment, driven by its dominance in the oil and gas sector. For instance, Saudi Arabia, the world’s largest oil producer, saw its crude production reach 10.8 million barrels per day in 2023.
The region's upstream and downstream operations extensively use explosion-proof motors, control panels, and lighting to ensure safety in hazardous environments with flammable hydrocarbons.
Furthermore, the UAE's ambitious target to achieve 5 million barrels per day in crude oil production by 2027 is leading to the development of new exploration and processing facilities, creating a burgeoning market for explosionproof solutions.
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Target buyers of Middle East & Africa 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa explosion proof equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa explosion proof equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA explosion proof equipment market size, by country, 2018-2030 (US$M)
Middle East & Africa Explosion Proof Equipment Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
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