Market Share of North America Explosion-Proof Equipment Industry
The North America explosion proof equipment market is moderately fragmented. The major players with a significant share in the market are expanding their customer base across various regions. Players are involved in product development and strategic collaborative initiatives with multiple companies to increase their market share and profitability. Some of the recent developments in the market are:
- March 2020 - R. STAHL LTD. partnered with Elite Control Systems, enabling both parties the ability to deliver the most robust and resilient hazardous area control systems available on the market today.
- Feb 2019 - Intertek opened a 70,000 sq.ft. building and construction laboratory in Fridley, Minnesota. Through this, the company aims to offer customers systemic assurance, testing, inspection, and certification (ATIC) solutions which include full-scale, indoor mockup capabilities, air/water/structural testing, impact and pressure cycle testing, field testing, and acoustical field testing among others.
North America Explosion-Proof Equipment Market Leaders
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R. STAHL AG
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RAE Systems (Honeywell)
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Intertek Group PLC
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Pepperl+Fuchs GmbH
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Bartec GmbH
*Disclaimer: Major Players sorted in no particular order
