At 8.1% CAGR, North America Explosion Proof Lighting Market is Projected to be Worth US$ 201.71 Million by 2031, says Business Market Insights

According to Business Market Insights' research, the North America explosion proof lighting market was valued at US$ 108.17 million in 2023 and is expected to reach US$ 201.71 million by 2031, registering a CAGR of 8.1% from 2023 to 2031. Need to ensure workforce safety and expansion of oil & gas industry are among the critical factors attributed to drive the North America explosion proof lighting market growth.

With the growing number of accidents in industries such as oil & gas, chemicals, pharmaceuticals, energy, and mining, the focus on industrial safety measures has also increased worldwide. For instance, according to the Mine Safety and Health Administration, seven miners died in the first six weeks of 2023 due to an electrocution incident. Good lighting conditions are critical for spotting possible hazards and detecting warning signs of equipment malfunctioning in hazardous areas. Thus, optimal lighting installations may help reduce the number of accidents in factories worldwide, which propels the demand for explosion-proof lighting in accident-prone industries. A properly lit workplace with stable illumination reinforces a company's commitment to safety and allows employees to accomplish their tasks with confidence.

Most Western countries have built rudimentary labor legislation frameworks that support a reduction in working hours, frequent inspection of factories, and apt insurance provisions for industrial injuries. Industries are deploying lighting fixtures with consent ratings of Class 1 Division 1 (C1D1) and Class 1 Division 2 (C1D2) within their facilities to reduce fire or other explosive risks. Explosion proof lighting in hazardous areas is crucial to prevent accidents and promote a safe work culture. These lighting systems produce higher-quality light with equal distribution to different areas, enhancing visibility for workers by eliminating shadows. Explosion-resistant lights are resistant to vibration and shock, reducing their likelihood of contributing to hazardous situations through breaking or malfunction. Thus, a need to ensure safety at workplaces bolsters the explosion-proof lighting market growth.

On the contrary, the high costs associated with development, installation, upgrades, and maintenance hamper the growth of North America explosion proof lighting market.

Based on type, the North America explosion proof lighting market is segmented into fixed lighting, small and portable lighting, and mobile lighting. The fixed lighting segment held 67.4% market share in 2023, amassing US$ 72.89 million. It is projected to garner US$ 139.18 million by 2031 to register 8.4% CAGR during 2023-2031. The fixed lighting segment is further sub segmented into Linear Light, Flood Light, High Bay Light, Bulkhead Light, Emergency Light, and others.

By light type, the North America explosion proof lighting market is segmented into LED light, high-intensity discharge light, fluorescent light, and incandescent light. The LED light segment held 68.5% market share in 2023, amassing US$ 74.14 million. It is projected to garner US$ 140.32 million by 2031 to register 8.3% CAGR during 2023-2031.

Based on end user, the North America explosion proof lighting market is segmented into oil & gas, chemical, pharmaceutical, energy, manufacturing, food & beverages, military & defense, transportation & logistics, clean & medical, paint shop & application technology, agriculture & farming, public & community, and others. The oil & gas segment held 17.2% market share in 2023, amassing US$ 18.63 million. It is projected to garner US$ 39.26 million by 2031 to register 9.8% CAGR during 2023-2031.

By country, the North America explosion proof lighting market is segmented into the US, Canada, Mexico. Our regional analysis states that the US captured 75.6% share of North America explosion proof lighting market in 2023. It was assessed at US$ 81.73 million in 2023 and is likely to hit US$ 155.35 million by 2031, registering a CAGR of 8.4% during 2023-2031.

Key players operating in the North America explosion proof lighting market ABB Ltd; Eaton Corp Plc; Pepperl+Fuchs SE; ABTECH; Signify Holding (Philips); Glamox; Hubbell Inc; Emerson Electric Co; Rockwell Automation Inc; Adolf Schuch GmbH; Airfal International; LDPI, Inc; and R. STAHL AG, among others.

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