Hazardous Location Connectors Market

Hazardous Location Connectors Market Size Survey Report – In a Glance

As per the survey report on global Hazardous Location Connectors Market, the market is projected to foresee a CAGR of 5.9% between 2024-2033, and further generate a market size of USD 18.3 billion revenue by the end of 2033. In the year 2024, the market size was valued at USD 11.8 billion revenue.

• The global Hazardous Location Connectors Market is projected to grow on account of increasing oil and gas sector.
• In Japan, the expansion of pharmaceutical sector can be attributed to the growth in the Hazardous Location Connectors Market.
• KDMI analyst’s growth analysis foresees explosion risk to challenge the market growth.
• North America, having the highest market share in the Hazardous Location Connectors Market, is projected to dominate the global market.

Hazardous Location Connectors Market Analysis

The hazardous location connectors are articulated to function securely in ambiences where vapours, flammable gases, or combustible dust are present. These connectors are crucial in guaranteeing operational security in sectors such as Oil & gas sectors and chemical processing. In the oil & gas sector, flexible, high-quality connectors are used by suitably connecting every metallic, non-current carrying apparatus to avoid shock. The increasing oil & gas sector is one significant growth driver of the hazardous locations connectors. Worldwide, the gas & oil sector distributed around USD 213 billion as dividend amount and USD 136 billion as buyback, denoting the high-profit yield in the industry. Worldwide oil demand rose by 38 million barrels daily to 115 mb/d by 2025, an annual growth rate of about 1.7%. American Connectors Inc., Amphenol Industrial Products Group and Thomas & Betts are significant players in the global Hazardous Location Connectors market.

Analyst’s Observation on Japan Hazardous Location Connectors Market Survey

Pharmaceutical manufacturing sites are threat ambience that depends on the application of emergency lights or green light luminaries to aid workers in rapidly finding safety showers in segments where solvents & chemicals are used. The growing pharmaceutical segment in Japan bodes well for the growth of hazardous location connectors market size. Hazardous area lighting is used as hazardous location connectors in the pharmaceutical industry as large segments of the manufacturing area are termed as hazardous areas, such as powders, gases & dusts manufactured as a by-product of manufacturing. According to IQVIA, a leading worldwide research company, lays down that Japan’s pharmaceutical market will be hovering at a growth rate of about 0.5 to 1.5% per annum by 2027. Japan Automatic Machine Co., Ltd. and KSC Japan Co., Ltd are significant players in the Japanese Hazardous Location Connectors market size.

Hazardous Location Connectors Market Growth Driver & Market Restraint

Growth Driver

Increasing wastewater treatment facilities:

Wastewater treatment facilities are hazardous for workers employed at the zone and are exposed to several hazards, such as sewer flies. Waterborne diseases and exposure to hydrogen sulfide gas or chlorine. PPE (personal protective equipment) is a type of hazardous location connector used in wastewater treatment facilities to safeguard workers from any kind of hazards. Globally, the proportion of securely treated domestic wastewater flows has enhanced by two percentage points from 56% in 2020 to 58% as of 2022. An assessed 52% of wastewater is treated worldwide, and the treatment rates differ drastically between high-income and upper-middle-income. The growing wastewater treatment facilities predict the growth of the hazardous location connector market.

Market Restraint

Explosion risk:

Hazardous location connectors pose a threat of explosion or fire in case they are applied in zones where combustible or flammable substance are present.

Hazardous Location Connectors Market Segmentation

Our experts at KD Market Insights have segmented the global Hazardous Location Connectors Market research report as:

Hazardous Location Connectors Market Regional Synopsis

North America is expected to dominate the Hazardous Location Connectors market due to an increase in the food & beverage sector. Hazardous location connectors in the food & beverage sector are constituents that safeguard in response to the threats of flammable explosions and substances. There are several food & beverage processing organizations in the United States, amounting to 42708 as of 2022. According to information from the Bureau of Economic Analysis, food, agriculture, and related sectors contributed roughly USD 1.537 trillion to the United States' gross domestic product. Further, hazardous location connectors are used in oil refineries to avoid the ignition of flammable gasses and vapours. The growing oil refineries in the United States are another growth driver of the North American location connectors market. As of January 1, 2024, there were approximately 132 operatable petroleum refineries in the United States, and the newest one is Texas International. As of July 8, 2024, the number of oil refinery capacity in the United States was around 18.4 million barrels every day.

Europe is the fastest-growing region due to the rise of the manufacturing & industrial sector in the area. The EU’s industrial output in 2021 rose by 8.5% compared to that of 2020, and in 2021, it increased by 0.4%. Further, the manufacturing sector in Europe is anticipated to expand by 0.79%, resulting in a market size of USD 3.1 trillion as of 2029. The manufacturing sector registered for 1 in 4 private sector and around 1 in 3 in Italy, Germany or France. The total worth of United Kingdom manufacturers’ product sales was USD 570.16 billion in 2023, an increase of USD 21.31 billion from USD 544 billion as of 2022. The Italian manufacturing sector employed about 23% of the European workforce as of 2019 and produced 29% of its value added. According to the European Commission, the manufacturing sector is a robust asset of the European economy, accounting for over 2 million enterprises. Further, the continuous digital transformation across several industries and the integration of IoT technologies provide new opportunities for market expansion. IoT devices need strong connectivity solutions, which are attained with the help of developed hazardous location connectors articulated for smart applications. As of 2021, around 29% of the European Union enterprises used IoT devices, and approximately 48% of large enterprises incorporated IoT in their operation compared to 26% of small organizations.

Regional Company Names

• Glenair
• UL
• MELTRIC

Hazardous Location Connectors Market Competitive Landscape

Some of the key players who top the global Hazardous Location Connectors Market share:

• American Connectors Inc.
• Amphenol Industrial Products Group
• Thomas & Betts
• Texcan
• Hubbell-Killark
• ITT BIW Connector Systems
• Cooper Crouse-Hinds
• Emerson
• Vantage Technology
• Bulgin

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Hazardous Location Connectors Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Class
      2. By Hazardous zones
      3. By Application
      4. By Region
5. Market Segmentation by Class
   1. Class I
   2. Class II,
   3. Class III
   4. Others
6. Market Segmentation by Hazardous Zones
   1. Zone 0
   2. Zone 1
   3. Zone 2
   4. Other
7. Market Segmentation by Application
   1. Food and Beverage Processing
   2. Oil and Gas Production
   3. Oil Refineries
   4. Petrochemical Refineries
   5. Pharmaceutical
   6. Manufacturing
   7. Wastewater Treatment Facilities
   8. Others
8. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application   
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      5. South Korea
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      6. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3.               Market Analysis by Class, Hazardous Zones and Application    
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Class, Hazardous Zones and Application    
9. Competitive Landscape
   1. Market Share Analysis
   2. Company Profiles
      1. American Connectors Inc.
      2. Amphenol Industrial Products Group
      3. Thomas & Betts
      4. Texcan
      5. Hubbell-Killark
      6. ITT BIW Connector Systems
      7. Cooper Crouse-Hinds
      8. Emerson
      9. Vantage Technology
      10. Bulgin
      11. Others
10. Strategic Recommendations
11. Appendix
    1. List of Tables
    2. List of Figures
12. References