Market Research Report
Explosion Proof Mobile Communication Devices Market Forecasts to 2028 - Global Analysis By Component (Hardware, Software), Location (Indoor, Outdoor), Type (Brighten, Condensation) and By Geography
|Explosion Proof Mobile Communication Devices Market Forecasts to 2028 - Global Analysis By Component (Hardware, Software), Location (Indoor, Outdoor), Type (Brighten, Condensation) and By Geography|
Published: January 1, 2022
Stratistics Market Research Consulting
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According to Stratistics MRC, the Global Explosion Proof Mobile Communication Devices Market is accounted for $555.72 million in 2021 and is expected to reach $1086.4 million by 2028 growing at a CAGR of 10.1% during the forecast period. Explosion-proof communication devices are used to transfer images, data, and voice to monitor and control places such as mines, and military and defence areas. Explosion-proof mobile communication devices are strong gadgets that are built to withstand harsh conditions. Workers in industries like oil & gas, chemicals, pharmaceuticals, mining, and others frequently use these devices.
Wireless technology is employed efficiently to transfer data over long distances. When wireless technology was created, designers had access to a lot of new applications. Since wireless technology is an electromagnetic communication medium, wave frequencies that can be used by satellites and infrared rays do not need cables and are emitted through the air. The growing wireless demand for connectivity and operations to retrieve data and its online monitoring have fuelled the growth of the market.
Due to varying safety regulations country to country across the globe is restricting companies to develop products incompatible with all countries. This is one of the factors somewhere restricting the explosion-proof mobile communication devices market growth.
Ensuring safe handling of hazardous substances in industrial areas has been a major concern for all the parties involved in the same. In the wake of industrial explosions in the oil and mining sector, governmental agencies and trade bodies of all major economies have discussed the need for stringent regulations. These regulations are centred on the use of explosion proof equipment in all major industries. All the major electrical product manufacturers have revamped their operations to account for these changes in regulations. As the oil and mining sector has witnessed a tremendous growth due to identification of substantial reserves in emerging countries, the explosion proof equipment market is expected to record high growth rates in this sector. A regulation is usually imposed by a governmental agency and trade units have to comply with them. The Dangerous substances and Explosive Atmospheres Regulation (DSEAR) has been commissioned in the United Kingdom to prescribe safety regulations for industrial areas that have a potentially hazardous environment.
The stringent regulation deployed for manufacturers of explosion proof mobile communication devices. For instance, manufacturers are must to attach CE mark to the devices fulfilling the requirements of EU laws and directives failure of which is considered an offense.
As global energy consumption increased by a good number, with growth concentrated in developing countries such as India and China. In the industry, communication devices play a critical role in improving production through real-time data transfer and communication. IoT device use is expanding throughout the sector, which means lower costs and faster operations. It also improves the working conditions for offshore workers. The Deepwater Horizon oil leak, the largest accidental maritime oil spill in the history of the petroleum sector, happened in the Gulf of Mexico in on the British Petroleum-operated Macondo Prospect. The total spillage was estimated by the US government results in an accident. As a result, strict restriction regarding policies and safety equipment were enacted. To ensure safety, these measures included the use of explosion-proof equipment. The implementation of safety policies is expected to increase reliance on explosion-proof equipment, hence indirectly promoting global market growth.
The manufacturing & processing industry is another key area where these devices have been adopted by industries across the world. These communication devices have great importance when it comes to safety because hazardous chemicals, gases, and liquids can cause damage if released into the environment during an accident resulting in explosions destroying properties and possible loss of human life too. Explosion Proof Mobile Communication Devices help prevent leakage owing to equipment malfunctioning or human error while transporting dangerous materials between different stages of production that prevents flammable gases from entering enclosed compartments containing products thus preventing dangerous accidents that may result in severe damages like fires, explosions, etc., which could lead to potential hazards for people and properties.
The North America is projected to hold the highest market share, because of the U.S. using of advanced technologies and being high income province and the presence of key market players holds the majority of companies under it performing continuous research and development activities in mobile communication devices and being largest exporter of oil the necessity of using devices play a major factor in dominance. Besides, the technological advancements, a rise in disposable income, and awareness about safety regulations among workers in this province motivate the market growth.
Asia Pacific is projected to have the highest CAGR, owing to the presence of large oil fields & rigs, the growing population as well as infrastructure, increasing mining activities and government regulations related to safety in the industries. Also due to the growing presence of key players including ABB Ltd., Fujitsu Ltd., Rockwell Automation Inc propel the market growth.
Some of the key players profiled in the Explosion Proof Mobile Communication Devices Market includes Pixavi AS, JFE Engineering Corporation, Extronics Ltd., Ecom instruments GmbH, Pepperl+Fuchs GmbH, Sonim Technologies Inc, Airacom RTLS, Bartec GmbH, i.safe MOBILE GmbH, TR Electronic GmbH.
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Table17 Global Explosion Proof Mobile Communication Devices Market Outlook, By Zone 22 (2019-2028) (US $MN)
Note- Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.