North America Explosion Proof Equipment Market Size & Outlook
North America explosion proof equipment market, 2018-2030 (US$M)
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North America explosion proof equipment market highlights
- The North America explosion proof equipment market generated a revenue of USD 2,517.2 million in 2024.
- The market is expected to grow at a CAGR of 4.7% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 2,517.2 million |
| Market revenue in 2030 | USD 3,293.8 million |
| Growth rate | 4.7% (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, North America region accounted for 30.6% 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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North America 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 55.42% in 2024. Horizon Databook has segmented the North America 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 explosion-proof equipment market in North America is experiencing significant growth, driven by stringent safety regulations, and increasing industrialization across various sectors.
Moreover, the U.S. Occupational Safety and Health Administration (OSHA) and National Fire Protection Association (NFPA) standards mandate using explosion-proof equipment in hazardous environments, fueling demand.
For instance, in 2022, the National Electrical Manufacturers Association (NEMA) reported a 15% year-on-year increase in sales of explosion-proof enclosures for oil & gas facilities, highlighting the sector’s focus on safety compliance.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America explosion proof equipment market , including forecasts for subscribers. This continent databook contains high-level insights into North America explosion proof equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America explosion proof equipment market size, by country, 2018-2030 (US$M)
North America Explosion Proof Equipment Market Outlook Share, 2024 & 2030 (US$M)
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