New ARC Advisory Group research on the hazardous area automation equipment market reveals that it is driven by multiple factors. These factors include the growing focus on increasing safety measures in industries and global megatrends, such as urbanization, industrial automation for unscheduled downtime prevention, higher productivity, and energy efficiency.
“Continuous and ever-increasing demand for new industrial safety standards and regulations for hazardous areas, emerging economies with the continuing demand for new infrastructure, and their growing middle class with the potential for strong consumer spending form a solid foundation for the long-term growth of the hazardous area automation equipment market,” according to Naresh K. Surepelly, Senior Analyst and Thomas Menze, Senior Consultant at ARC Advisory Group and key authors of ARC’s Hazardous Area Automation Equipment Global Market Research 2017-2022 report.
About the Hazardous Area Automation Equipment Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the hazardous area automation equipment market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by region, industry, product type, certification type, revenue category, sales channels, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.