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The Hazardous Location Air Conditioners Market is estimated to hit $436.85 million by 2023

The Hazardous Location Air Conditioners Market

The global hazardous location or explosion proof air conditioners market is estimated to grow at a mature rate of 2.3% during 2018 – 2023.

HYDERABAD, TELANGANA, INDIA, June 28, 2018 /EINPresswire.com/ -- According to the new market research report by IndustryARC titled “Hazardous Location Air Conditioners Market: By Type (Central Air Conditioner, Dehumidifiers, Ductless Split Systems, Portables, Packaged Terminal AC, Room, Thru-The Wall, Vertical Units) & By Geography- Forecast (2018-2023)”, the market will most likely be driven by the consumer electronics segment, followed by requirements from the industrial and LED lighting segments.
MEA continues to lead the market share during 2018-2023.

Hazardous Location air conditioners generated maximum market revenue in the Middle East and African regions, amounting to $150.88 million. It is expected to grow at a rate of 2.07%, resulting in an expected market growth of $170.11 million in 2023, and will be followed by the Americas and Europe. Asia-pacific is projected to register the highest growth rate of 3.98% CAGR during the forecast period.

Selected / Sample Analysis done in the full Report:
Hazardous location is defined as the areas where fire or explosion hazard may exist due to flammable gases, vapors, flammable liquids combustible dust or ignitable fibers. Air conditioners are manufactured differently to tackle each of these threats. The air conditioning equipment primarily has two types of enclosures: one is Explosion Proof, and the other is Dust-Ignition Proof.

The basic flow of value starts from the standard air conditioning systems, which are then subjected to extensive changes according to the requirements of clients that vary with applications in oil and gas, deep marine, defense, mining and petrochemicals. Each client needs specific requirements, down to the motor used in air conditioner, and the supplier meets their demand by providing various safety mechanisms and increasing the value.

To access the full report browse the link below
https://industryarc.com/Report/171/Hazardous-Location-Explosion-Proof-Equipment-Air-Conditioners-Report.html

Excerpts on Market Growth Factors Mentioned in the Full Report:
The global demand for energy will complement the need for better equipment control and cooling requirements in such locations where mishaps can turn into major debacles. Companies worldwide have realized that any setbacks due to a lapse in safety will destroy not only valuable capital, but also hard-earned goodwill and brand image in the market. This realization of precaution will be the most crucial driver for the global hazardous location air conditioners market.

Some of the emerging applications include those in the entertainment sector, sports and recreation centers, outdoor automated electronic ticketing machines or kiosks, security and surveillance cameras, which are driving the market growth and is projected to drive significant growth throughout the forecast period.
Rising installation of Industrial Portable Air Conditioners and basic Industrial Air Conditioners for workers safety, projects high demand and growth for the Hazardous Location Air Conditioners Market.

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Key Players of the Hazardous Location Air Conditioners Market:
Safe Air Technology is a global leader in the Explosion Proof and Industrial HVAC and Refrigeration manufacturing sector, followed by Kooltronics Matticks and EIC Solutions. SafeAir Technology has successfully completed the air-conditioning and pressurization systems on LLOG project living quarter and project gallery. The project included two engineered severe duty explosion proof systems, which certified, tested and complied with all the requested specifications. The Kooltronics Matticks Company’s mission is to develop new and innovative products of the best quality. KOOLTRONIC is on the leading edge of the cooling industry due to their Computer aided design.

Hazardous Location Air Conditioners Market Report is Segmented as below.
Hazardous Location Air Conditioners Market By Location:
Class I
Division I
Division II
Class II
Division I
Division II
Hazardous Location Air Conditioners Market By Product Types:
Central Air Conditioner
Dehumidifiers
Ductless Split Systems
Portable
Packaged Terminal Air Conditioners (PTAC)
Room/Window
Thru-the-Wall
Vertical Units
Hazardous Location Air Conditioners Market By End- User Applications:
Industries
Aerospace & Defense
Chemicals
Construction
Food Processing
Manufacturing
Marine
Mining
Oil & Gas
Textiles
Waste Management
Others
Residential
Hazardous Location Air Conditioners Market By Geography ( Covers 13+ Countries )
Hazardous Location Air Conditioners Market Entropy


Companies Citied / Interviewed

DURABLE MACHINERY COMPANY, LLC.
FRIEDRICH AIR CONDITIONING CO., LTD.
JOHNSON CONTROLS, INC.
KLINGE CORPORATION
KOOLTRONIC, INC.
NANCE INTERNATIONAL, INC.
SCIENTIFIC SYSTEMS CORPORATION
SHANGHAI KANSA REFRIGERATION EQUIPMENT CO., LTD.
SPECIFIC SYSTEMSM, LTD.
THERMAL EDGE, INC.
WAROM TECHNOLOGY INCORPORATED COMPANY
WOZAIR LIMITED
Company 13
Company 14
Company 15+

Related Report:

A. Mechanical Explosion Proof Equipment Market
https://industryarc.com/Report/155/Global-Mechanical-Non-Electrical-Explosion-Proof-Equipment-Report.html

B. Explosion Proof Equipment in Automation and Control System Market
https://industryarc.com/Report/158/Explosion-Proof-Equipment-Automation-Control-Systems-Market.html


What can you expect from the report?
The Hazardous Location Air Conditioners Market Report is Prepared with the Main Agenda to Cover the following 20 points:
1. Market Size by Product Categories
2. Market trends
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End user Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Demand Analysis ( By Revenue & Volume )
12. Country level Analysis (10+)
13. Competitor Analysis
14. Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Strategic Analysis
18. Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. Revenue and Volume Analysis


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