Saudi Arabia Explosion Proof Equipment Market Size & Outlook
Saudi Arabia explosion proof equipment market, 2018-2030 (US$M)
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Saudi Arabia explosion proof equipment market highlights
- The Saudi Arabia explosion proof equipment market generated a revenue of USD 225.7 million in 2024 and is expected to reach USD 341.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.3% 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 225.7 million |
| Market revenue in 2030 | USD 341.0 million |
| Growth rate | 7.3% (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 |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 2.7% 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 Middle East & Africa, Saudi Arabia explosion proof equipment market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 341.0 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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Saudi Arabia 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 56.89% in 2024. Horizon Databook has segmented the Saudi Arabia explosion proof equipment market based on explosion prevention, explosion containment, explosion segregation covering the revenue growth of each sub-segment from 2018 to 2030.
In 2023, Saudi Arabia was the 3rd largest producer of crude oil and condensate globally, according to the U.S. Energy Information Administration. It also maintained its position as the world's leading exporter of crude oil and the top oil producer within Organization of the Petroleum Exporting Countries (OPEC).
The country accounted for nearly 40% of oil consumption in the Middle East during the same year. As reported by OPEC, Saudi Arabia held approximately 17% of the world’s proven oil reserves and 22% of OPEC's total proven reserves.
These reserves include the Ghawar and Safaniya fields, the largest onshore and offshore oil fields in the world, respectively. Thus, the growing production of crude oil in Saudi Arabia is anticipated to drive the demand for explosion proof equipment market over the forecast period.
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Target buyers of Saudi Arabia 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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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia explosion proof equipment market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia explosion proof equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia explosion proof equipment market size, by protection method, 2018-2030 (US$M)
Saudi Arabia Explosion Proof Equipment Market Outlook Share, 2024 & 2030 (US$M)
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