Equipment Archives - Loyal Conservatives

Explosion Proof Equipment Market to Grow to $13.1 Billion by 2030, Driven by Increase in Demand

New York, NY – The global market for Explosion Proof Equipment is expected to experience significant growth in the coming years. With an estimated value of US$9.5 billion in 2023, experts project that this market will reach a size of US$13.1 billion by 2030, reflecting a compound annual growth rate (CAGR) of 4.1% over the analysis period of 2023-2030. One key segment within the report, Explosion Prevention, is anticipated to see a 4.7% CAGR, projecting …

Equipment Market Set to Explode in Global Industries Into 2031

Paris, France – The global market for explosion-proof equipment is expected to experience substantial growth between 2024 and 2031. This growth is anticipated to be driven by various industries seeking to ensure safety and compliance standards in hazardous environments. The demand for explosion-proof equipment is projected to increase as industries such as oil and gas, mining, and manufacturing prioritize the protection of personnel and assets. One of the key factors contributing to the growth of …