Explosion Proof Motor Market Estimation, Research and Future Growth by 2026

Explosion proof motors are electronic devices that can be used in hazardous situations and places. Sparks, arcs and even high temperature on the surface of a motor can cause a hazardous accidents. Explosion proof motors are designed to tackle need specific problems and can be segregated as per the same. These motors can be divided into three classes. The explosion proof motors which hinders explosive vapors, gases or liquids falls under the Class 1 explosion proof motors type.

The mechanism of Class 1 explosion motor would try and avoid the effects of an internal motor explosion. The explosion proof motors which fights electrically conductive dusts falls under class 2 explosion proof motors. The Class 2 explosion proof motors focuses on motor’s surface temperature. A comparatively less used type of explosion proof motor are Class 3 motors which resists ignitable fibers or materials producing combustible flying. Each class of explosion proof motors are designed to cater a specific task and don’t have any interconnections. A class 2 explosion proof motors does not necessarily comply with all the features equipped by a class 1 explosion proof motor.

The rising security concerns in power and petro chemical industry across multiple regions are suggested to be one of the most significant factors which can positively impact the growth of the global explosion proof motor market over the forecast period. Additionally, owing to the wide range of problems catered by explosion proof motors as compared to its counterparts, the explosion proof motors are anticipated to grow a significant pace over the forecasted period.

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Furthermore, regulations by government bodies on increasing safety is suggested to boost the explosion proof motor market. However, the changing prices of raw materials of explosion proof motors are anticipated to hamper the growth of the global explosion proof motors market in the forecast period. The security concerns in the oil and gas industry of the Middle East region is expected to create significant potential for the growth of the overall explosion proof motor market in the coming years.

The global explosion proof motors market can be segmented into four segments namely motor type, class type, end use industries and regions. As per the motor type segment the global explosion proof motor market can be segmented into two parts namely AC motor and DC motor. As per class type the global explosion proof motors can be segmented into three parts namely Class 1, Class 2 and Class 3.

The Class 1 explosion proof motors are expected to hold a significant owing to its diverse applications. As per end use industries, the global explosion proof motors market can be divided into seven parts namely oil and gas, power, transportation, petro chemical, mining and metals, defense and others. The mining and metals industry is anticipated to hold a substantial share in the global explosion proof motors market over the forecast period. As per the regional analysis, the explosion proof motors market can be divided amongst five regions namely North America, South America, Middle East and Africa, Asia Pacific, and Europe. The North America region is suggested to hold a higher market share owing to the presence of multiple leading players in the region.

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Owing to its significant adoption in multiple application the explosion proof motors market is consisting of multiple leading players. Some of them are ABB, General Electric, WEG, Grainger, Rockwell Automation, Siemens, Kollmorger and AB industrial among others.