Growth Of Explosion Proof Lighting Market Worldwide From 2019 To 2027 (in Billion U.S. Dollars)
- Nov 10, 2020-
(MENAFN - EIN Presswire) Explosion Proof Lighting market is estimated to reach US$ 606.1 Mn by 2027 from US$ 250.1 Mn in 2018
PUNE, MAHARASHATRA, INDIA, November 27, 2019 / EINPresswire.com / -- The equipment approved for use in a hazardous area is regulated by several certifying agencies. For instance, in North America, usually, UL (Underwriters Laboratories) and FM (Factory Mutual) provide standards, testing and certification in the country although CSA (the Canadian Standard Association) provides the same in Canada. Recently, FM, UL, and CSA have all implemented programs enabling certifications to be valid in both countries. The increasing government regulations for worker safety is the key factor propelling theexplosion proof lighting marketgrowth.
The explosion proof lighting plays a crucial role in the oil & gas industry. The US has a huge network of oil rigs in the North American continent as well as globally. This fact has helped propel the market over the years. The processing facilities of oil & gas are unsafe owing to the presence of hazardous compounds during the operations. The explosion proof lighting systems are deployed for preventing the ignition of spark from the electrical equipment.
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