Intrinsically Safe Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Intrinsically Safe Equipment Market Report is Segmented by Zone (Zone 0, Zone 20, Zone 1, Zone 21, Zone 2, and Zone 22), Class (Class 1, Class 2, and Class 3), Product (Sensors, Detectors, Switches, Transmitters, Insulators, LED Indicators, and Other Products), End User (Oil and Gas, Mining, Power, Chemical and Petrochemical, Processing, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Abovementioned Segments.

Intrinsically Safe Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Intrinsically Safe Equipment Industry Overview

The intrinsically safe equipment market is fragmented with the presence of major players like Pepperl + Fuchs, Fluke Corporation (Fortive Corporation), OMEGA Engineering, R. Stahl AG, and Honeywell International Inc. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

  • October 2023 - Omega Engineering announced the upgrade of its entire family of HANITM Temperature Sensors, a series of sensors. These improvements to the innovative, award-winning HANI temperature sensing technology include an IP67 rating for all HANI products.
  • December 2023 - R. STAHL introduced new 8530 and 8550 Ex d e explosion-protected components for Ex e switching and power distribution boards. The highlight of both the new 8530 and 8550 series is the design, and the operating current – previously 40A – is increased to 63A for the 8530 series and even to 125A for the 8550 series.

Intrinsically Safe Equipment Market Leaders

  1. Pepperl + Fuchs

  2. Fluke Corporation (Fortive Corporation)

  3. OMEGA Engineering

  4. R. Stahl AG

  5. Honeywell International Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Intrinsically Safe Equipment Market Concentration

Intrinsically Safe Equipment Market Report Snapshots

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