Global Hazardous Area Sensors Market Is Expected To Reach Around USD 6.9 Billion By 2025

13-Aug-2019 | Zion Market Research

Zion Market Research  has published a new report titled “Hazardous Area Sensors Market by Type (Pressure Sensing, Gas Sensing, Current Sensing, Temperature Sensors, and Voltage Sensing), by Industry (Oil & Gas, Chemical & Pharmaceutical, Food & Beverages, Energy & Power, Mining, and Others), and by Connectivity (Wired and Wireless): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025’’. According to the report, the global hazardous area sensors market was USD 5 billion in 2018 and is expected to reach around USD 6.9 billion by 2025, at a rate of 4.7% between 2019 and 2025.

The term “hazardous area sensors” refers to the sensors developed for use in prospectively explosive areas. The elevating value for “intrinsic safety” across various industries is fueling the hazardous area sensors market. Intrinsic safety is a technique used for the secured operation of electrical equipment in hazardous areas by limiting the availability of elements for ignition and, in turn, energy. These sensors are used in areas with a high concentration of flammable gases or dust. Various sectors, such as mines and refineries, use certain combustible gases and vapors in their operations. Intrinsic safety ensures that none of the equipment emits energy that can cause explosions. The importance of intrinsic safety in various industries is one of the major growth drivers of the hazardous area sensors market globally. However, the global economic slowdown can have an adverse effect on the hazardous area sensors market growth. Furthermore, governments across the globe are imposing strict rules and regulations for industrial safety, which are anticipated to open new growth avenues for the hazardous area sensors market over the upcoming years.

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Browse the full “Hazardous Area Sensors Market by Type (Pressure Sensing, Gas Sensing, Current Sensing, Temperature Sensors, and Voltage Sensing), by Industry (Oil & Gas, Chemical & Pharmaceutical, Food & Beverages, Energy & Power, Mining, and Others), and by Connectivity (Wired and Wireless): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/hazardous-area-sensors-market

On the basis of type, the global hazardous area sensors market is fragmented into gas sensing, pressure sensing, voltage sensing, current sensing, and temperature sensors. Voltage sensing is one of the most important market segments, owing to its capability to issue advance warnings in dangerous situations. Thus, this segment is expected to hold a considerable market share in the future. Voltage sensing has numerous devices working in tandem to protect human life or property.  Based on connectivity, the hazardous area sensors market is divided into wired and wireless. The wireless segment is anticipated to witness notable growth in the upcoming years, due to the rising demand for wireless sensor technology by various industries. Based on industry, the hazardous area sensors market for oil and gas industry is expected to grow significantly over the forthcoming years.

Global Hazardous Area Sensors Market

The North American hazardous area sensors market is anticipated to witness notable growth over the forecast time period, owing to the technological developments that have led to the replacement of existing hazardous area sensors. In Europe, the UK and Germany are anticipated to hold substantial shares of the hazardous area sensors market over the forecast timeline, owing to the presence of various market players like Siemens, SICK AG, and Servomex Group, etc. This regional market is expected to grow further in the future, owing to the increasing security concerns.

Some noticeable players of the hazardous area sensors market are SICK AG, Yokogawa Electric, Honeywell International, Servomex Group, ABB Group, Siemens, Endress and Hauser, Mettler-Toledo International, Neo Monitors, and Eaton Corporation.

This report segments the global hazardous area sensors market into:

Global Hazardous Area Sensors Market: Industry Analysis

  • Oil and Gas
  • Chemical and Pharmaceutical
  • Food and Beverages
  • Energy and Power
  • Mining
  • Others

Global Hazardous Area Sensors Market: Type Analysis

  • Gas Sensing
  • Pressure Sensing
  • Current Sensing
  • Voltage Sensing
  • Temperature Sensors

Global Hazardous Area Sensors Market: Connectivity Analysis

  • Wired
  • Wireless

Global Hazardous Area Sensors Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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