Market Research Reports, Inc. has announced the addition of “Explosion-Proof LED Lighting Global Market Review and Forecast 2017-2027” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWIRE) -- 07/05/2018 -- The worldwide use of light emitting diode-lighting (LED) luminaries (fixtures with lamp/light source) in Explosion-Proof Lighting.
According to the report, last year (2017), the global consumption value of LED-based luminaires used in explosion-proof lighting reached $678 million. The consumption (use) value is forecast to reach $749 million in the year 2022, and $802 million in 2027. The consumption value is forecast to increase with much faster rising quantity growth slightly offset by declining average selling prices.
Publisher defines explosion proof lights (also known as hazardous location lighting and intrinsically safe lights) as lighting products, which are certified in accordance with and compliant to International regulative and safety standard bodies for use in areas where flammable petrochemical vapors and/or pulverized dust exist or have the potential to exist.
Unsafe lighting is one of the most common potential sources of ignition. Working environments that contain explosive gases or dust are extremely volatile environments. All it takes is a single spark to cause an explosion. A variety of lights are available that are considered explosion proof lighting because they prevent any possible ignition sources from being exposed to the air.
Low energy light fittings can help to prevent explosions because they do not produce enough energy to ignite source materials. This intrinsically safe equipment, though, can sometimes provide low quality lighting.
In the process of this market research project, in addition to interviewing existing customers and potential customers of LED-based explosion-proof lighting, Publisher Consultants also studied over 70 lighting manufactures with various ranges of hazardous area lighting products, which are suited to use in high-risk areas.
The market forecast is also segmented into the following product-type:
Spot, Flood and General-Area
Linear: Tube and String/Strip
Small portable-type: Flash lights, wearable head-light
Specialty, Panel and Miscellaneous
The Specialty, Panel and Miscellaneous category is forecast to increase at the fastest pace during the forecast period. "This relatively fast growth is mainly attributed to the fact that we expect manufactures to react and "design-in" a LED-based solution to a lighting situation already served by legacy (incumbent) technology," according to the market study.
This is the Publisher analysis and forecast of global market consumption of LED-based luminaires (light fixture with lamp/light source) used in explosion-proof lighting.
This market forecast of the American, European/Middle Eastern and African (EMEA), and Asia Pacific (APAC) regional consumption is presented for selected LED-based lamps in selected applications, which require explosion-proof lighting solutions.
For the purposes of this study, Publisher defines explosion-proof lighting luminaires, which are certified in accordance with and compliant to International regulative and safety standard bodies for use in areas where flammable petrochemical vapors and/or pulverized dust exist or have the potential to exist.
The information is presented in easy-to-follow illustrations and text. The LED explosion-proof lighting market environment is discussed. LED lighting technology overviews, trends and analysis are presented. List and website addresses of over 70-competitors in the Explosion-Proof LED Luminaire marketplace.
Working environments that contain explosive gases or dust are extremely volatile environments. All it takes is a single spark to cause an explosion. A variety of lights are available that are considered explosion proof lighting because they prevent any possible ignition sources from being exposed to the air.
Lights are a common cause of explosion ignition. Low energy light fittings can help to prevent explosions because they do not produce enough energy to ignite source materials. This intrinsically safe equipment, though, can sometimes provide low quality lighting.
In the process of this market research project, in addition to interviewing existing customers and potential customers of LED-based explosion-proof lighting, Publisher Consultants also studied lighting manufactures with various ranges of hazardous area lighting products, which are suited to use in high-risk areas. The lighting fixtures are designed for situations where explosive gases and dusts are found, providing suitable lighting without enabling a risk of explosion.
The light emitting diode (LED) market, despite exciting innovative devices driven by technological advances and ecological/energy-saving concerns, still face challenges in overcoming performance/price limitations and in attracting widespread consumption.
Market Research Methodology
Market analysis and technology forecasting are complex tasks. Any predictions of the shape and trends of technology and economic movement start from the notion that the germ of what will be important tomorrow is present, although smaller or larger or in a different form, in our environment today. However, taking as a basis for a prediction the assumptions of current, conventional belief creates a set of preconceived notions that can lead to serious mistakes. Publisher, instead, looks to the basic driving forces.
Spanning over 129 pages "Explosion-Proof LED Lighting Global Market Review and Forecast 2017-2027" report covers Executive Summary, LED-based Luminaires in Explosion Proof Lighting Market Forecast by Product Type, LED-based Luminaires in Explosion Proof Lighting Market Forecast by Application, ElectroniCast Market Research Methodology, ElectroniCast Market Forecast Data Base Explanation.
Please visit this link for more details: https://www.marketresearchreports.com/electronicast/explosion-proof-led-lighting-global-market-review-and-forecast-2017-2027
Find all Lighting Reports at: https://www.marketresearchreports.com/lighting
Related Report;
Fiber Optic Circulators Global Market Forecast 2017-2027; visit at - https://www.marketresearchreports.com/electronicast/fiber-optic-circulators-global-market-forecast-2017-2027
About Market Research Reports, Inc.
Market Research ReportsĀ® Inc. is world's largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.
Contact us for your market research requirements: https://www.marketresearchreports.com/contact