MEA Hazardous Location Connectors Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.44 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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MEA Hazardous Location Connectors Market Analysis
The hazardous location connectors market is expected to grow at a CAGR of 3.44% over the forecast period (2022 - 2027). The various safety standards incorporated by the governments have made hazardous location connectors obligatory in almost all the industrial sectors.
- Increasing industrial safety measures are driving the market's growth. The tools and equipment used in manufacturing can generate heat and flame, therefore increasing the risk of fire, especially in class I locations, because connectors play an essential role in preventing these types of explosions.
- Fiber optic connectors are in trend, as the use of fiber optic communications is becoming more common in improving safety and productivity. It substitutes hard-wiring methods, allowing users to safely make and break optic cables by providing wide operating temperature ranges, including sub-zero operation in the field with minimum downtime during the hazardous time.
- Increasing applications in the industrial sector are accelerating the market growth, as every application requires different connector designs, owing to the industry's need to withstand vibrations, extreme temperatures, and shocks.
- High-quality flexible connectors are used in the oil sectors by properly connecting all metallic non-current carrying equipment to prevent shock. At the same time, waterproof electrical connectors that are rubber molded are used in the wastewater treatment facility.
- Higher product installation and maintenance costs hinder the market's growth, as the PCB-mounted or wire-terminated connector has an additional cost associated with them that makes the set-up cost high.
MEA Hazardous Location Connectors Market Trends
This section covers the major market trends shaping the MEA Hazardous Location Connectors Market according to our research experts:
Oil Refineries to have a significant growth
- As the demand for crude oil is growing rapidly, there is a need for safety equipment to prevent any fatality at hazardous locations in the refineries. Some areas of the refinery are inherently dangerous, with levels of explosive chemicals and gases present at all times. Explosion-proof equipment, such as connectors, can be installed inside an enclosure, preventing an internal explosion caused by the spark.
- Thomas & Betts products named mechanical grounding connectors, which are flexible connectors that are very effective by properly connecting all metallic non-current carrying equipment at the oil and gas facility, which significantly reduce the potential for electric shock and explosions.
- Vector Techlok clamp connectors of Freudenberg Oil & Gas Technologies are the most effective and economical pipe connection systems, which can withstand considerable bending moments and axial forces under pressure without leaking to prevent hazardous fatality or bolts becoming loose, which significantly reduces the maintenance costs and significant fatal incidents.
Zone 0 is expected to hold a significant share
- Zone 0 is an area where an explosive atmosphere has been continuously present for an extended period or may occur frequently. The areas classified as Zone 0 have specific characteristics. The continuous presence of flammable gases, vapors, liquids, or the company of such gases for long periods in a region is the condition for the Zone 0 classification.
- For instance, the vapor space above the liquid on the top of a tank or drum can and underground gas storage be classified as Zone 0. The ANSI/NEC classification method considers this environment a Class 1, Division 1 area. Zone 0 hazardous locations are primarily present in the oil and gas sector, owing to flammable gases like natural gases in the industry. The chemical and petroleum industry also has a relatively high presence of Zone 0, owing to the nature of the processes.
- The explosive area in the zone is estimated to be present for more than 1000 hr/year or greater than 10%. These values aid in the determination of safe areas from unsafe areas in the industry.
- The expansion in the oil and gas industry is expected to develop space for the studied market. Additionally, the growing safety concerns regarding incidents like natural gas leaks and the increasing adoption of automation tools for continuous monitoring of the underground gas storage and pipelines are expected to fuel the demand for hazardous location connectors in the Middle East and Africa Region.
MEA Hazardous Location Connectors Industry Overview
The Middle East and Africa Hazardous Location Connectors Market are less concentrated, with only a few prominent companies like American Connectors Inc., Amphenol Industrial Products Group, Thomas and Betts (ABB Group), etc., holding a significant share of the market. The companies in the region are forming multiple partnerships and mergers to increase their market share.
- February 2022 - ITT BIW Connector Systems announced its expanded and redesigned aircraft component line with five new valves and actuators, providing customers with solutions to control fluid handling valves used in fuel, hydraulic, water, and environmental control systems in the aerospace and defense market.
- November 2021 - ITT BIW Connector Systems introduced its ruggedized, modular circular series Veam MOVE - MOD. The flexible design delivers signal, power, and data in a single connector by utilizing a range of snap-in modules with various contact layouts to match individual system requirements.
MEA Hazardous Location Connectors Market Leaders
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American Connectors Inc.
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Thomas & Betts ( ABB Group)
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ITT BIW Connector Systems
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Emerson Industrial Automation
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Amphenol Industrial Products Group
*Disclaimer: Major Players sorted in no particular order
MEA Hazardous Location Connectors Market News
- April 2022 - Emerson has expanded its ASCO series 090 lines of miniature solenoid valves, adding a new three-way series 090 valve configuration to enable more space-efficient and lighter solutions for gas control in oxygen therapy and compression therapy, and gas analyzer devices.
- November2021 - Emerson introduced two new open path gas detectors, which will increase safety and reduce downtime by offering performance reliability over vast areas in extreme environments and an easier and faster installation. These new gas detectors will protect workers and property with hazard warnings in harsh environments.
MEA Hazardous Location Connectors Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
-
4.2 Industry Attractiveness - Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Buyers
- 4.2.2 Bargaining Power of Suppliers
- 4.2.3 Threat of New Entrants
- 4.2.4 Degree of Competition
- 4.2.5 Threat of Substitute Products
- 4.3 Industry Value Chain Analysis
- 4.4 Assessment Of Covid-19 Impact
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Rising Industrial Safety Measures
- 5.1.2 Increasing Applications in the Industrial Sector and Reducing Costs
- 5.1.3 Growing Awareness among Industry Personnel
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5.2 Market Restraints
- 5.2.1 Complexity of Standards
- 5.2.2 Product Installation and Maintenance Costs
6. MARKET SEGMENTATION
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6.1 By Class
- 6.1.1 Class I
- 6.1.2 Class II
- 6.1.3 Class III
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6.2 By Hazardous Zones
- 6.2.1 Zone 0
- 6.2.2 Zone 1
- 6.2.3 Zone 2
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6.3 By Applications
- 6.3.1 Food & Beverage Processing
- 6.3.2 Oil & Gas Production
- 6.3.3 Oil Refineries
- 6.3.4 Petrochemical Refineries
- 6.3.5 Pharmaceutical Manufacturing
- 6.3.6 Wastewater Treatment Facilities
- 6.3.7 Other Applications
7. COMPETITIVE LANDSCAPE
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7.1 Company Profiles
- 7.1.1 American Connectors, Inc.
- 7.1.2 Thomas & Betts ( ABB Group)
- 7.1.3 ITT BIW Connector Systems
- 7.1.4 Emersion Industrial Automation
- 7.1.5 Amphenol Industrial Products Group
- 7.1.6 Hubbell-Killark
- 7.1.7 Crouse-Hinds (Eaton)
- 7.1.8 Vantage Technology
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
** Subject To AvailablityMEA Hazardous Location Connectors Industry Segmentation
Hazardous Location Connectors are the devices used in work areas where plugs and receptacles are exposed to hazardous gases, dust, and vapors. Hazardous locations are the places where fire and explosion risks may exist. These connectors allow the users to connect equipment to a power supply.
The Middle East and Africa Hazardous Location Connectors Market is segmented by Class (Class I, Class II, Class III), Hazardous Zone (Zone 0, Zone 1, Zone 2), Application (Food and Beverage Processing, Oil and Gas Production, Oil Refineries, Petrochemical Refineries, Pharmaceutical Manufacturing, Waste Water Treatment Facilities).
By Class | Class I |
Class II | |
Class III | |
By Hazardous Zones | Zone 0 |
Zone 1 | |
Zone 2 | |
By Applications | Food & Beverage Processing |
Oil & Gas Production | |
Oil Refineries | |
Petrochemical Refineries | |
Pharmaceutical Manufacturing | |
Wastewater Treatment Facilities | |
Other Applications |
MEA Hazardous Location Connectors Market Research FAQs
What is the current MEA Hazardous Location Connectors Market size?
The MEA Hazardous Location Connectors Market is projected to register a CAGR of 3.44% during the forecast period (2024-2029)
Who are the key players in MEA Hazardous Location Connectors Market?
American Connectors Inc., Thomas & Betts ( ABB Group), ITT BIW Connector Systems, Emerson Industrial Automation and Amphenol Industrial Products Group are the major companies operating in the MEA Hazardous Location Connectors Market.
What years does this MEA Hazardous Location Connectors Market cover?
The report covers the MEA Hazardous Location Connectors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the MEA Hazardous Location Connectors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
MEA Hazardous Location Connectors Industry Report
Statistics for the 2024 MEA Hazardous Location Connectors market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. MEA Hazardous Location Connectors analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.