Hazardous Location Motor Starters Market Analysis and Forecast by Rapid Growth Rate 2020 Value Share Analysis by Regions, Industry Size, Key Insights till 2024

Hazardous Location Motor Starters

The “Hazardous Location Motor Starters Market” report 2020 covers all the significant developments which are recently being adopted across the global market. The prime objective of the Hazardous Location Motor Starters market report is to provides an in-depth analysis of all market dynamics including drivers and restraints, and trends, and opportunities. The Hazardous Location Motor Starters market report covers both the demand and supply aspects of the market. The report also highlighted the future trends in the Hazardous Location Motor Starters market that will impact the demand during the forecast period.

Scope of the Report:

The hazardous location motor starters market is growing due to technological advancements in the industry, which have led to growth in the manufacturing of explosion proof motor starters. They are used in hazardous locations where the concentration of flammable gas vapors and dust is high, with applications such as coal preparation plants, oil refineries, and chemical storages.

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Market Overview:

  • The hazardous location motor starters market is expected to register a CAGR of 5.25% over the forecast period (2019-2024). Major offshore oil & gas developments, new oil discoveries coupled with growing focus towards deepwater drilling activities and rising expenditures in the water & wastewater industry are the major opportunities for the market to grow in the future.
  • – Due to technological advancements, the need for integrated servo and brushless explosion-proof motors has increased owing to the growing robotic and automation technologies in industries. Majority of these robotics and automation activities are carried out in potentially explosive atmospheres, which are driving the market.
  • – Growing demand for instruments used for protection against thermal overload is driving the market as Instantaneous over-current is usually the result of fault conditions. Bimetallic overload relay and time overcurrent relay are the motor protection relay which are used in high voltage area and provide various features such as short circuit protection, locked rotor protection, etc.
  • – The major restraints faced by the market are related to the manufacturing of starters as they cant withstand the most unlikely of weather conditions and corrosive environments, which gives a challenge to the market.

    Some of the Top Key Players of Hazardous Location Motor Starters Market Report Are:

  • Eaton Corporation
  • Emerson Industrial Automation
  • WEG Industries
  • Rockwell Automation
  • R. Stahl, Inc.
  • Heatrex, Inc
  • Schneider Electric
  • Siemens
  • ABB Group
  • GE Industrial Solutions (ABB Group)

    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

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    Key Market Trends:

    Explosion Proof Motor in Coal Production to Drive the Market Growth

    – Growing dependency on coal production is triggering the growth of several coal plants in the world, which are driving the market. Eliminating the presence of potential sources of ignition, and providing appropriate equipment, all machinery and electrical equipment inside the enclosed coal storage area or structure are approved for use in hazardous locations are provided with spark-proof motors or explosion proof motors which is being assigned a temperature code (T code).
    – Flame proof motors which is a part of explosion proof motors are designed for operation in coal mines endangered by the explosion of the methane and coal dust in the spaces (zones one and two) where explosive mixtures of combustible gases and steams of liquid with air occurs.
    – Dust ignition proof motor is designed to exclude hazardous materials and prevent dust explosions. ABB offers a wide range of dust ignition proof motors and with Ex t motors, any explosion transmission of dust is prevented in the coal preparation.
    – The explosion-proof enclosure used in U.S. coal mines complies with the applicable design requirements of 30 CFR 18, subpart B. It is able to contain internal explosions of methane-air mixtures without undergoing damage or excessive distortion of its walls or covers, without causing an ignition of a surrounding methane-air mixture.

    Asia-Pacific to Witness the Fastest Growth in Future

    – The Asia-Pacific motor starters market is expected to observe a substantial growth in the near future, determined by the discovery of new oil & gas reserves in this region.
    – A large amount of mergers & acquisitions in the region have led to an enormous amount of drilling and exploration activities in hazardous locations. This has further boosted the demand for motors and motor starters market in this region.
    – Asia-Pacific is likely to emerge as a demand center for soft starters, which is use in the motor for protection and due to the increase in industrialization in the region’s emerging economies, such as India and China, there will be high growth of the motor starter in various applications.
    – India has one of the world’s largest refinery complexes in Jamnagar, owned by Reliance group, which is growing the market by the need for safety and explosion-proof motors.

    The Report Covers:

    • Comprehensive research methodology of Hazardous Location Motor Starters market
    • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
    • Analysis of regional regulations and other government policies impacting the global sleep aid market
    • Insights about market determinants which are stimulating the global Hazardous Location Motor Starters market
    • Detailed and extensive market segments with regional distribution of forecasted revenues
    • Extensive profiles and recent developments of market players Companies Mentioned

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    Detailed TOC of Hazardous Location Motor Starters Market Report 2020-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increasing Demand for Explosion-proof Devices
    4.4 Market Restraints
    4.4.1 Manufacturing of Starters Withstanding Weather Conditions
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 TECHNOLOGY SNAPSHOT

    6 MARKET SEGMENTATION
    6.1 By Type of Motor Starter
    6.1.1 Low Voltage
    6.1.2 Full Voltage
    6.1.3 Manual Motor Starter
    6.1.4 Magnetic Motor Starter
    6.1.5 Other Types of Motor Starters
    6.2 By Class
    6.2.1 Class I
    6.2.2 Class II
    6.2.3 Class III
    6.3 By Division
    6.3.1 Division 1
    6.3.2 Division 2
    6.4 By Zone
    6.4.1 Zone 0
    6.4.2 Zone 1
    6.4.3 Zone 21
    6.4.4 Zone 2
    6.4.5 Zone 22
    6.5 By Application
    6.5.1 Paint Storage Areas
    6.5.2 Coal Preparation Plants
    6.5.3 Sewage Treatment Plants
    6.5.4 Oil Refineries
    6.5.5 Chemical Storage and Handling Facilities
    6.5.6 Grain Elevators
    6.5.7 Petrochemical Facilities/Oil Rigs
    6.5.8 Other Applications
    6.6 Geography
    6.6.1 North America
    6.6.2 Europe
    6.6.3 Asia-Pacific
    6.6.4 Latin America
    6.6.5 Middle East & Africa

    7 COMPETITIVE LANDSCAPE
    7.1 Company Profiles
    7.1.1 Eaton Corporation
    7.1.2 Emerson Industrial Automation
    7.1.3 WEG Industries
    7.1.4 Rockwell Automation
    7.1.5 R. Stahl, Inc.
    7.1.6 Heatrex, Inc
    7.1.7 Schneider Electric
    7.1.8 Siemens
    7.1.9 ABB Group
    7.1.10 GE Industrial Solutions (ABB Group)

    8 INVESTMENT ANALYSIS

    9 MARKET OPPORTUNITIES AND FUTURE TRENDS

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

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