Middle East & Africa Explosion-Proof Equipment Market Forecast to 2030 - Regional Analysis - By Systems (Junction Boxes and Enclosures, Lighting System, Monitoring System, Signaling Devices, Automation System, Cable Glands, HVAC Systems, and Others), Protection Method (Explosion Prevention, Explosion Containment, and Explosion Segregation), and Industry (Pharmaceutical, Mining, Oil & Gas, Manufacturing, Food Processing, Energy & Power, Chemical & Petrochemical, and Others)
The Middle East & Africa explosion-proof equipment market is expected to grow from US$ 116.03 million in 2022 to US$ 207.25 million by 2030. It is estimated to grow at a CAGR of 7.5% from 2022 to 2030.
Growth in Oil & Gas Industry Fuel Middle East & Africa Explosion-Proof Equipment Market
With the world economy growing and OPEC+ crude oil production gradually adjusting, global crude oil production rose at a record 5.4% pace in 2022, well above its rise of 1.6% in 2021 and its average growth of 1.3% per year from 2010 to 2019. The Middle East accounted for most of the growth in world oil production (+13%), with Saudi Arabia (+16%), the UAE (+15%), Kuwait (+8.1%), and Iran (+5.9% despite sanctions) leading the way. Explosion-proof equipment play a crucial role in the oil & gas industry. In this industry, flammable liquids, gases, vapors, or combustible dust exist in sufficient quantities; hence, the safety of workers is the top priority. Generally, refineries, oil plants, and offshore facilities are constantly exposed to flammable substances. To combat the high potential for ignition, manufacturers must produce and rigorously test explosion-proof assets. Further, the use of explosion-proof equipment in oil & gas refineries has aided in reinforcing safety measures for unpredictable work environments. Dangerous compounds in oil & gas facilities indicate several safety challenges for the workers. For instance, hydrocarbon processing, including ethane, fossil fuels, methane, and propane, is a critical process that needs to be carried out under stable atmospheres. Therefore, with the growth of the oil & gas industry, the demand for explosion-proof equipment is also increasing to ensure the safety of all operators and workers working in oil & gas plants.
Middle East & Africa Explosion-Proof Equipment Market Overview
The MEA explosion-proof equipment market is segmented into South Africa, the UAE, Saudi Arabia, and the Rest of MEA. The increase in oil & gas projects across the region has boosted the demand for explosion-proof equipment. For instance, per the article published by the ABiQ Business Intelligence DWC-LLC regarding Major Oil and Gas Projects in the Middle East in August 2021, the oil & gas projects have experienced tremendous growth due to large-scale investments. From 2021 to 2025, the Middle East will witness a total of 615 oil & gas projects, including 143 midstream projects, 83 refinery projects, 77 upstream projects, and 312 petrochemical projects. Further, a few of the major oil & gas projects in the region are the Upper Zakum Offshore Oil Field Development project, Ruwais Refinery Complex project, Ras Laffan Refinery project, Rumaila Oil Field project, and Al Zour Refinery project, Jafurah Gas Field project, Al Zour Refinery, Green Hydrogen Ammonia Plant project, and Qatar's North Field East LNG project, among others. The oil & gas industry often requires workers to operate in hazardous locations where flammable gases, liquids, or combustible dust or vapors exist in sufficient quantities; in such areas, safety is the priority for workers as well as for the operators. Thus, to combat the high potential for ignition in these locations, manufacturers of explosion-proof equipment create and rigorously test explosion-proof assets. Further, governments of several nations in the MEA are focusing on the construction and development activities of residential and commercial buildings. For instance, in December 2021, the Saudi government's platform for authorizing and regulating off-plan property sales confirmed the completion of 16 housing projects across Saudi Arabia. The projects totaling in the country US$ 614 million are in Riyadh, Jeddah, Al-Khobar, and Al-Ahsa. These span a total area above 638,000 sqm and include a variety of residential units ranging from villas and townhouses to apartments. Also, the project, named Saudi Vision 2030, has helped in the development of new housing. For instance, due to the Sakani program (Sakani is the housing program aimed at increasing the percentage of Saudi families' ownership to 70%), many houses have already been delivered to Saudi families. Therefore, the government's focus on the construction & development of residential and commercial buildings has also influenced the demand for the explosion-proof equipment in the region.
Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Explosion-Proof Equipment Market Segmentation
The Middle East & Africa explosion-proof equipment market is segmented into systems, protection method, industry, and country.
Based on systems, the Middle East & Africa explosion-proof equipment market is segmented into junction boxes & enclosures, lighting system, monitoring system, signaling devices, automation system, cable glands, HVAC systems, and others. The cable glands held the largest share of the Middle East & Africa explosion-proof equipment market in 2022.
In terms of protection method, the Middle East & Africa explosion-proof equipment market is categorized into large explosion prevention, explosion containment, and explosion segregation. The explosion prevention segment held the largest share of the Middle East & Africa explosion-proof equipment market in 2022.
Based on industry, the Middle East & Africa explosion-proof equipment market is segmented into pharmaceutical, mining, oil & gas, manufacturing, food processing, energy & power, chemical & petrochemical, and others. The oil & gas segment held the largest share of the Middle East & Africa explosion-proof equipment market in 2022.
By country, the Middle East & Africa explosion-proof equipment market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa explosion-proof equipment market in 2022.
ABB Ltd, Cortem S.p.A., Eaton Corp Plc, Emerson Electric Co, Rockwell Automation Inc, Siemens AG, and Pepperl+Fuchs SE, are some of the leading companies operating in the Middle East & Africa explosion-proof equipment market.
Table of Content
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Explosion-Proof Equipment Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain:
5. Middle East & Africa Explosion-Proof Equipment Market - Key Industry Dynamics
5.1 Drivers
5.1.1 Growth in Oil & Gas Industry
5.1.2 Increasing use of Explosion Proof LED Lights
5.1.3 Growing Industrial Safety Measures
5.2 Restraints:
5.2.1 Complexities Involved in Installation and Maintenance of Explosion-Proof Equipment
5.3 Opportunity:
5.3.1 Growth in the Construction Sector
5.4 Trends:
5.4.1 Integration with IoT
6. Explosion-Proof Equipment Market - Middle East & Africa Market Analysis
6.1 Explosion-Proof Equipment Market Revenue (US$ Million), 2022 - 2030
7. Middle East & Africa Explosion-Proof Equipment Market Analysis - Systems
7.1 Junction Boxes and Enclosures
7.1.1 Overview
7.1.2 Junction Boxes and Enclosures Market Revenue and Forecasts To 2030 (US$ Million)
7.2 Lighting System
7.2.1 Overview
7.2.2 Lighting System Market Revenue and Forecasts To 2030 (US$ Million)
7.3 Monitoring System
7.3.1 Overview
7.3.2 Monitoring System Market Revenue and Forecasts To 2030 (US$ Million)
7.4 Signaling Devices
7.4.1 Overview
7.4.2 Signaling Devices Market Revenue and Forecasts To 2030 (US$ Million)
7.5 Automation System
7.5.1 Overview
7.5.2 Automation System Market Revenue and Forecasts To 2030 (US$ Million)
7.6 Cable Glands
7.6.1 Overview
7.6.2 Cable Glands Market Revenue and Forecasts To 2030 (US$ Million)
7.7 HVAC Systems
7.7.1 Overview
7.7.2 HVAC Systems Market Revenue and Forecasts To 2030 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others Market Revenue and Forecasts To 2030 (US$ Million)
8. Middle East & Africa Explosion-Proof Equipment Market Analysis - Protection Method
8.1 Explosion Prevention
8.1.1 Overview
8.1.2 Explosion Prevention Market Revenue and Forecasts To 2030 (US$ Million)
8.2 Explosion Containment
8.2.1 Overview
8.2.2 Explosion Containment Market Revenue and Forecasts To 2030 (US$ Million)
8.3 Explosion Segregation
8.3.1 Overview
8.3.2 Explosion Segregation Market Revenue and Forecasts To 2030 (US$ Million)
9. Middle East & Africa Explosion-Proof Equipment Market Analysis - Industry
9.1 Pharmaceutical
9.1.1 Overview
9.1.2 Pharmaceutical Market Revenue and Forecasts To 2030 (US$ Million)
9.2 Mining
9.2.1 Overview
9.2.2 Mining Market Revenue and Forecasts To 2030 (US$ Million)
9.3 Oil and Gas
9.3.1 Overview
9.3.2 Oil and Gas Market Revenue and Forecasts To 2030 (US$ Million)
9.4 Manufacturing
9.4.1 Overview
9.4.2 Manufacturing Market Revenue and Forecasts To 2030 (US$ Million)
9.5 Food Processing
9.5.1 Overview
9.5.2 Food Processing Market Revenue and Forecasts To 2030 (US$ Million)
9.6 Energy and Power
9.6.1 Overview
9.6.2 Energy and Power Market Revenue and Forecasts To 2030 (US$ Million)
9.7 Chemical & Petrochemical
9.7.1 Overview
9.7.2 Chemical & Petrochemical Market Revenue and Forecasts To 2030 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others Market Revenue and Forecasts To 2030 (US$ Million)
10. Middle East & Africa Explosion-Proof Equipment Market - Country Analysis
10.1 Middle East & Africa
10.1.1 Middle East & Africa Explosion-Proof Equipment Market Overview
10.1.2 Middle East & Africa Explosion-Proof Equipment Market, By Key Country - Revenue 2022 (US$ Million)
10.1.3 Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecasts and Analysis - By Countries
10.1.3.1 South Africa Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Million)
10.1.3.1.1 South Africa Explosion-Proof Equipment Market Breakdown by Systems
10.1.3.1.2 South Africa Explosion-Proof Equipment Market Breakdown by Protection Method
10.1.3.1.3 South Africa Explosion-Proof Equipment Market Breakdown by Industry
10.1.3.2 Saudi Arabia Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Million)
10.1.3.2.1 Saudi Arabia Explosion-Proof Equipment Market Breakdown by Systems
10.1.3.2.2 Saudi Arabia Explosion-Proof Equipment Market Breakdown by Protection Method
10.1.3.2.3 Saudi Arabia Explosion-Proof Equipment Market Breakdown by Industry
10.1.3.3 UAE Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Million)
10.1.3.3.1 UAE Explosion-Proof Equipment Market Breakdown by Systems
10.1.3.3.2 UAE Explosion-Proof Equipment Market Breakdown by Protection Method
10.1.3.3.3 UAE Explosion-Proof Equipment Market Breakdown by Industry
10.1.3.4 Rest of Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Million)
10.1.3.4.1 Rest of Middle East & Africa Explosion-Proof Equipment Market Breakdown by Systems
10.1.3.4.2 Rest of Middle East & Africa Explosion-Proof Equipment Market Breakdown by Protection Method
10.1.3.4.3 Rest of Middle East & Africa Explosion-Proof Equipment Market Breakdown by Industry
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
12. Company Profiles
12.1 ABB Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Cortem S.p.A.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Eaton Corp Plc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Emerson Electric Co
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Rockwell Automation Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Siemens AG
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.7 Pepperl+Fuchs SE
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 Word Index
List of Tables
Table 1. Explosion-Proof Equipment Market Segmentation
Table 2. Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) - Systems
Table 3. Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) - Protection Method
Table 4. Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) - Industry
Table 5. Middle East and Africa Explosion-Proof Equipment Market, by Country - Revenue and Forecast to 2030 (USD Million)
Table 6. South Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) - By Systems
Table 7. South Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) - By Protection Method
Table 8. South Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) - By Industry
Table 9. Saudi Arabia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) - By Systems
Table 10. Saudi Arabia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) - By Protection Method
Table 11. Saudi Arabia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) - By Industry
Table 12. UAE Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) - By Systems
Table 13. UAE Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) - By Protection Method
Table 14. UAE Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) - By Industry
Table 15. Rest of Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) - By Systems
Table 16. Rest of Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) - By Protection Method
Table 17. Rest of Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) - By Industry
Table 18. List of Abbreviation
List of Figures
Figure 1. Explosion-Proof Equipment Market Segmentation, By Country
Figure 2. Ecosystem: Explosion-Proof Equipment Market
Figure 3. Explosion-Proof Equipment Market - Key Industry Dynamics
Figure 4. Explosion-Proof Equipment Market Revenue (US$ Million), 2022 - 2030
Figure 5. Explosion-Proof Equipment Market Share (%) - Systems, 2022 and 2030
Figure 6. Junction Boxes and Enclosures Market Revenue and Forecasts To 2030 (US$ Million)
Figure 7. Lighting System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Monitoring System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Signaling Devices Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Automation System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Cable Glands Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. HVAC Systems Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Explosion-Proof Equipment Market Share (%) - Protection Method, 2022 and 2030
Figure 15. Explosion Prevention Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Explosion Containment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Explosion Segregation Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Explosion-Proof Equipment Market Share (%) - Industry, 2022 and 2030
Figure 19. Pharmaceutical Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Mining Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. Oil and Gas Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Manufacturing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. Food Processing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Energy and Power Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. Chemical & Petrochemical Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 27. Explosion-Proof Equipment Market, By Key Country - Revenue 2022 (US$ Million)
Figure 28. Explosion-Proof Equipment Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 29. South Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 30. Saudi Arabia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 31. UAE Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 32. Rest of Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
1. ABB Ltd
2. Cortem S.p.A.
3. Eaton Corp Plc
4. Emerson Electric Co
5. Rockwell Automation Inc
6. Siemens AG
7. Pepperl+Fuchs SE
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