The global Explosion-Proof Motor Market size reached USD 3,450.4 million in 2023. Over the forecast period 2024 to 2034, explosion-proof motor demand is anticipated to rise at 4.4% CAGR. Total market value is predicted to increase from USD 3,602.2 million in 2024 to USD 5,540.8 million in 2034.
Demand for explosion-proof motors is projected to remain high in the oil & gas industry. The latest explosion-proof motor market analysis shows that the oil and gas segment is projected to thrive at 4.9% CAGR during the assessment period.
Attributes | Key Insights |
---|---|
Explosion-proof Motor Market Anticipated Size (2023A) | USD 3,450.4 million |
Estimated Explosion-proof Motor Market Value (2024E) | USD 3,602.2 million |
Projected Explosion-proof Motor Market Size (2034F) | USD 5,540.8 million |
Value-based Explosion-proof Motor Market CAGR (2024 to 2034) | 4.4% |
Market to Expand around 1.5X through 2034
East Asia Takes the Lead in the Explosion-proof Motor Market
Explosion-proof AC Motors to Gain Traction Globally
Global sales of explosion-proof submersible sump pumps grew at a CAGR of 2.4% between 2019 and 2023. Total market revenue reached about USD 3,450.4 million in 2023. In the forecast period, the worldwide explosion-proof motors industry is set to thrive at a CAGR of 4.4%.
Historical CAGR (2019 to 2023) | 2.3% |
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Forecast CAGR (2024 to 2034) | 4.4% |
Future Scope of the Explosion-proof Motor Market
Stainless steel flame-proof pumps are becoming increasingly popular as a result of the continuous growth of the oil & gas exploration sector. These motors are critical parts that are designed to function safely in dangerous conditions.
Exploration efforts are stepping into more difficult environments as the world's energy needs rise. Hence, specific equipment that can endure harsh circumstances is needed in order to prioritize safety and maintain operational continuity.
In the oil & gas sector, where combustible gases and volatile substances are omnipresent, explosion-proof motors play a pivotal role. These meticulously designed motors are crafted to withstand and prevent the ignition of flammable materials.
These can also help in safeguarding operations on offshore platforms and remote onshore sites alike.
Ongoing technological advancements are enhancing the efficiency and durability of these motors, strengthening their essential status across the industry. These motors play a critical role in sustaining global energy exploration efforts. This is mainly due to the symbiotic relationship between the oil & gas exploration sector and escalating demand for explosion-proof motors.
Through innovation and safety-focused engineering, flameproof motors are not only meeting but exceeding the stringent demands of the modern energy landscape. They are expected to help in ensuring the continued progress and safety of exploration endeavors worldwide.
Explosion-proof motor demand is rising due to the new wave of industrial automation. It is making these motors essential to vital manufacturing processes.
Robust and safety-compliant equipment has become essential as companies adopt automation to improve efficiency and precision. At the forefront of this technological evolution are explosion-proof motors.
These are made to function in dangerous conditions and guarantee both the dependability and security of automated processes.
In the landscape of modern manufacturing, where intricate machinery and automated systems dominate, explosion-proof motors play a pivotal role. These motors are tailored to withstand potentially explosive atmospheres. These are likely to offer a secure operational environment in facilities where the risk of combustion is inherent.
As industries strive to optimize their production capabilities through automation, demand for explosion-proof motors continues to soar. The synergy between rising industrial automation and the proliferation of explosion-proof motors extends beyond mere functionality.
It represents a paradigm shift toward a safe and more efficient industrial landscape. These motors, equipped with cutting-edge technologies, help meet the rigorous demands of automated manufacturing. At the same time, these contribute to the overarching goal of creating smarter, safer, and more sustainable industrial processes.
Surging explosion-proof motor demand is emblematic of a progressive era where automation and safety converge for the advancement of critical manufacturing operations.
Evolution of Alternative Technologies Challenges Explosion-proof Motor Adoption
The table below highlights explosion-proof motor market revenues of several countries. China, the United States, India, and Germany are expected to remain the key customers of explosion-proof motors, with expected valuations of USD 888.6 million, USD 810.8 million, USD 451.8 million, and USD 423.2 million, respectively, in 2034.
Countries | Explosion-proof Motor Market Revenue (2034) |
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China | USD 888.6 million |
United States | USD 810.8 million |
India | USD 451.8 million |
Germany | USD 423.2 million |
Japan | USD 335.4 million |
United Kingdom | USD 228.4 million |
The table below shows the estimated growth rates of several countries. India, China, and the United States are set to record considerable CAGRs of 4.1%, 3.4%, and 2.7%, respectively, through 2034.
Countries | Projected Explosion-proof Motor Market CAGR (2024 to 2034) |
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India | 4.1% |
China | 3.4% |
United States | 2.7% |
Japan | 2.1% |
Germany | 1.7% |
United Kingdom | 1.4% |
The United States explosion-proof motor market is projected to soar at a CAGR of around 2.7% during the assessment period. Total valuation in the country is anticipated to reach USD 810.8 million by 2034.
China’s explosion-proof motor market size is projected to reach USD 888.6 million by 2034. Over the forecast period, demand for explosion-proof motors in the country is set to rise at 3.4% CAGR.
India’s explosion-proof motor market is poised to exhibit a CAGR of 4.1% during the estimated period. It is expected to attain a market valuation of USD 451.8 million by 2034.
The section below shows the explosion-proof AC motor segment dominating based on motor type. It is anticipated to thrive at 5.3% CAGR between 2024 and 2034.
Based on end-use, the oil and gas segment is anticipated to hold a leading share in 2034. It is set to exhibit a CAGR of 4.9% during the forecast period.
Top Segment (Motor Type) | Explosion-proof AC Motor |
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Predicted CAGR (2024 to 2034) | 5.3% |
Top Segment (End-use) | Oil and Gas |
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Projected CAGR (2024 to 2034) | 4.9% |
The global explosion-proof motor market is consolidated, with leading players accounting for about 40% to 45% share. ABB Group, Regal Beloit, Siemens, Auma GmbH, Emerson Electric Co., Rotork plc, Exlar Corp., Nidec, and Toshiba are the leading manufacturers and suppliers of explosion-proof motors listed in the report.
Key explosion-proof motor manufacturers are investing huge sums in research & development activities to come up with innovative products. They are also focusing on expanding their production lines by building new hubs in emerging countries.
A handful of companies are aiming to strengthen their position by engaging in mergers, collaborations, and acquisitions.
Recent Developments in Explosion-proof Motor Market
Attribute | Details |
---|---|
Estimated Market Size (2024) | USD 3,602.2 million |
Projected Market Size (2034) | USD 5,540.8 million |
Anticipated Growth Rate (2024 to 2034) | 4.4% |
Historical Data | 2019 to 2023 |
Forecast Period | 2024 to 2034 |
Quantitative Units | Value (USD million) and Volume (units) |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Market Segments Covered | Motor Type, Power Rating, Phase, Application, End-use, Region |
Regions Covered | North America; Latin America; Eastern Europe; Western Europe; East Asia; South Asia Pacific; Middle East Africa |
Key Countries Covered | United States, Canada, Mexico, Brazil, Germany, Italy, France, United Kingdom, Spain, BENELUX, NORDICS, Poland, Hungary, Balkan and Baltics, Russia, India, Association of Southeast Asian Nations, Australia and New Zealand, China, Japan, South Korea, Kingdom of Saudi Arabia, Other GCC Countries, Türkiye, Other African Union, South Africa |
Key Companies Profiled | ABB; Regal Beloit; Siemens; Auma Gmbh; Emerson Electric Co.; Rotork plc; Exlar Corp; Nidec; Toshiba; WEG; Welco; Bernard Controls; Schneider Electric; Nanyang Explosion Protection; Jiamusi Electric Machine; Xianda Explosion-proof; Dazhong Electric Motor; General Electric; Rockwell Automation; Marathon; Leeson |
Table 1: Global Market Value (US$ million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Units) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ million) Forecast by Motor Type, 2019 to 2034
Table 4: Global Market Volume (Units) Forecast by Motor Type, 2019 to 2034
Table 5: Global Market Value (US$ million) Forecast by Power Rating, 2019 to 2034
Table 6: Global Market Volume (Units) Forecast by Power Rating, 2019 to 2034
Table 7: Global Market Value (US$ million) Forecast by Phase, 2019 to 2034
Table 8: Global Market Volume (Units) Forecast by Phase, 2019 to 2034
Table 9: Global Market Value (US$ million) Forecast by Application, 2019 to 2034
Table 10: Global Market Volume (Units) Forecast by Application, 2019 to 2034
Table 11: Global Market Value (US$ million) Forecast by End-use, 2019 to 2034
Table 12: Global Market Volume (Units) Forecast by End-use, 2019 to 2034
Table 13: North America Market Value (US$ million) Forecast by Country, 2019 to 2034
Table 14: North America Market Volume (Units) Forecast by Country, 2019 to 2034
Table 15: North America Market Value (US$ million) Forecast by Motor Type, 2019 to 2034
Table 16: North America Market Volume (Units) Forecast by Motor Type, 2019 to 2034
Table 17: North America Market Value (US$ million) Forecast by Power Rating, 2019 to 2034
Table 18: North America Market Volume (Units) Forecast by Power Rating, 2019 to 2034
Table 19: North America Market Value (US$ million) Forecast by Phase, 2019 to 2034
Table 20: North America Market Volume (Units) Forecast by Phase, 2019 to 2034
Table 21: North America Market Value (US$ million) Forecast by Application, 2019 to 2034
Table 22: North America Market Volume (Units) Forecast by Application, 2019 to 2034
Table 23: North America Market Value (US$ million) Forecast by End-use, 2019 to 2034
Table 24: North America Market Volume (Units) Forecast by End-use, 2019 to 2034
Table 25: Latin America Market Value (US$ million) Forecast by Country, 2019 to 2034
Table 26: Latin America Market Volume (Units) Forecast by Country, 2019 to 2034
Table 27: Latin America Market Value (US$ million) Forecast by Motor Type, 2019 to 2034
Table 28: Latin America Market Volume (Units) Forecast by Motor Type, 2019 to 2034
Table 29: Latin America Market Value (US$ million) Forecast by Power Rating, 2019 to 2034
Table 30: Latin America Market Volume (Units) Forecast by Power Rating, 2019 to 2034
Table 31: Latin America Market Value (US$ million) Forecast by Phase, 2019 to 2034
Table 32: Latin America Market Volume (Units) Forecast by Phase, 2019 to 2034
Table 33: Latin America Market Value (US$ million) Forecast by Application, 2019 to 2034
Table 34: Latin America Market Volume (Units) Forecast by Application, 2019 to 2034
Table 35: Latin America Market Value (US$ million) Forecast by End-use, 2019 to 2034
Table 36: Latin America Market Volume (Units) Forecast by End-use, 2019 to 2034
Table 37: Western Europe Market Value (US$ million) Forecast by Country, 2019 to 2034
Table 38: Western Europe Market Volume (Units) Forecast by Country, 2019 to 2034
Table 39: Western Europe Market Value (US$ million) Forecast by Motor Type, 2019 to 2034
Table 40: Western Europe Market Volume (Units) Forecast by Motor Type, 2019 to 2034
Table 41: Western Europe Market Value (US$ million) Forecast by Power Rating, 2019 to 2034
Table 42: Western Europe Market Volume (Units) Forecast by Power Rating, 2019 to 2034
Table 43: Western Europe Market Value (US$ million) Forecast by Phase, 2019 to 2034
Table 44: Western Europe Market Volume (Units) Forecast by Phase, 2019 to 2034
Table 45: Western Europe Market Value (US$ million) Forecast by Application, 2019 to 2034
Table 46: Western Europe Market Volume (Units) Forecast by Application, 2019 to 2034
Table 47: Western Europe Market Value (US$ million) Forecast by End-use, 2019 to 2034
Table 48: Western Europe Market Volume (Units) Forecast by End-use, 2019 to 2034
Table 49: Eastern Europe Market Value (US$ million) Forecast by Country, 2019 to 2034
Table 50: Eastern Europe Market Volume (Units) Forecast by Country, 2019 to 2034
Table 51: Eastern Europe Market Value (US$ million) Forecast by Motor Type, 2019 to 2034
Table 52: Eastern Europe Market Volume (Units) Forecast by Motor Type, 2019 to 2034
Table 53: Eastern Europe Market Value (US$ million) Forecast by Power Rating, 2019 to 2034
Table 54: Eastern Europe Market Volume (Units) Forecast by Power Rating, 2019 to 2034
Table 55: Eastern Europe Market Value (US$ million) Forecast by Phase, 2019 to 2034
Table 56: Eastern Europe Market Volume (Units) Forecast by Phase, 2019 to 2034
Table 57: Eastern Europe Market Value (US$ million) Forecast by Application, 2019 to 2034
Table 58: Eastern Europe Market Volume (Units) Forecast by Application, 2019 to 2034
Table 59: Eastern Europe Market Value (US$ million) Forecast by End-use, 2019 to 2034
Table 60: Eastern Europe Market Volume (Units) Forecast by End-use, 2019 to 2034
Table 61: East Asia Market Value (US$ million) Forecast by Country, 2019 to 2034
Table 62: East Asia Market Volume (Units) Forecast by Country, 2019 to 2034
Table 63: East Asia Market Value (US$ million) Forecast by Motor Type, 2019 to 2034
Table 64: East Asia Market Volume (Units) Forecast by Motor Type, 2019 to 2034
Table 65: East Asia Market Value (US$ million) Forecast by Power Rating, 2019 to 2034
Table 66: East Asia Market Volume (Units) Forecast by Power Rating, 2019 to 2034
Table 67: East Asia Market Value (US$ million) Forecast by Phase, 2019 to 2034
Table 68: East Asia Market Volume (Units) Forecast by Phase, 2019 to 2034
Table 69: East Asia Market Value (US$ million) Forecast by Application, 2019 to 2034
Table 70: East Asia Market Volume (Units) Forecast by Application, 2019 to 2034
Table 71: East Asia Market Value (US$ million) Forecast by End-use, 2019 to 2034
Table 72: East Asia Market Volume (Units) Forecast by End-use, 2019 to 2034
Table 73: South Asia Pacific Market Value (US$ million) Forecast by Country, 2019 to 2034
Table 74: South Asia Pacific Market Volume (Units) Forecast by Country, 2019 to 2034
Table 75: South Asia Pacific Market Value (US$ million) Forecast by Motor Type, 2019 to 2034
Table 76: South Asia Pacific Market Volume (Units) Forecast by Motor Type, 2019 to 2034
Table 77: South Asia Pacific Market Value (US$ million) Forecast by Power Rating, 2019 to 2034
Table 78: South Asia Pacific Market Volume (Units) Forecast by Power Rating, 2019 to 2034
Table 79: South Asia Pacific Market Value (US$ million) Forecast by Phase, 2019 to 2034
Table 80: South Asia Pacific Market Volume (Units) Forecast by Phase, 2019 to 2034
Table 81: South Asia Pacific Market Value (US$ million) Forecast by Application, 2019 to 2034
Table 82: South Asia Pacific Market Volume (Units) Forecast by Application, 2019 to 2034
Table 83: South Asia Pacific Market Value (US$ million) Forecast by End-use, 2019 to 2034
Table 84: South Asia Pacific Market Volume (Units) Forecast by End-use, 2019 to 2034
Table 85: Middle East & Africa Market Value (US$ million) Forecast by Country, 2019 to 2034
Table 86: Middle East & Africa Market Volume (Units) Forecast by Country, 2019 to 2034
Table 87: Middle East & Africa Market Value (US$ million) Forecast by Motor Type, 2019 to 2034
Table 88: Middle East & Africa Market Volume (Units) Forecast by Motor Type, 2019 to 2034
Table 89: Middle East & Africa Market Value (US$ million) Forecast by Power Rating, 2019 to 2034
Table 90: Middle East & Africa Market Volume (Units) Forecast by Power Rating, 2019 to 2034
Table 91: Middle East & Africa Market Value (US$ million) Forecast by Phase, 2019 to 2034
Table 92: Middle East & Africa Market Volume (Units) Forecast by Phase, 2019 to 2034
Table 93: Middle East & Africa Market Value (US$ million) Forecast by Application, 2019 to 2034
Table 94: Middle East & Africa Market Volume (Units) Forecast by Application, 2019 to 2034
Table 95: Middle East & Africa Market Value (US$ million) Forecast by End-use, 2019 to 2034
Table 96: Middle East & Africa Market Volume (Units) Forecast by End-use, 2019 to 2034
Figure 1: Global Market Value (US$ million) by Motor Type, 2024 to 2034
Figure 2: Global Market Value (US$ million) by Power Rating, 2024 to 2034
Figure 3: Global Market Value (US$ million) by Phase, 2024 to 2034
Figure 4: Global Market Value (US$ million) by Application, 2024 to 2034
Figure 5: Global Market Value (US$ million) by End-use, 2024 to 2034
Figure 6: Global Market Value (US$ million) by Region, 2024 to 2034
Figure 7: Global Market Value (US$ million) Analysis by Region, 2019 to 2034
Figure 8: Global Market Volume (Units) Analysis by Region, 2019 to 2034
Figure 9: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 10: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 11: Global Market Value (US$ million) Analysis by Motor Type, 2019 to 2034
Figure 12: Global Market Volume (Units) Analysis by Motor Type, 2019 to 2034
Figure 13: Global Market Value Share (%) and BPS Analysis by Motor Type, 2024 to 2034
Figure 14: Global Market Y-o-Y Growth (%) Projections by Motor Type, 2024 to 2034
Figure 15: Global Market Value (US$ million) Analysis by Power Rating, 2019 to 2034
Figure 16: Global Market Volume (Units) Analysis by Power Rating, 2019 to 2034
Figure 17: Global Market Value Share (%) and BPS Analysis by Power Rating, 2024 to 2034
Figure 18: Global Market Y-o-Y Growth (%) Projections by Power Rating, 2024 to 2034
Figure 19: Global Market Value (US$ million) Analysis by Phase, 2019 to 2034
Figure 20: Global Market Volume (Units) Analysis by Phase, 2019 to 2034
Figure 21: Global Market Value Share (%) and BPS Analysis by Phase, 2024 to 2034
Figure 22: Global Market Y-o-Y Growth (%) Projections by Phase, 2024 to 2034
Figure 23: Global Market Value (US$ million) Analysis by Application, 2019 to 2034
Figure 24: Global Market Volume (Units) Analysis by Application, 2019 to 2034
Figure 25: Global Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 26: Global Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 27: Global Market Value (US$ million) Analysis by End-use, 2019 to 2034
Figure 28: Global Market Volume (Units) Analysis by End-use, 2019 to 2034
Figure 29: Global Market Value Share (%) and BPS Analysis by End-use, 2024 to 2034
Figure 30: Global Market Y-o-Y Growth (%) Projections by End-use, 2024 to 2034
Figure 31: Global Market Attractiveness by Motor Type, 2024 to 2034
Figure 32: Global Market Attractiveness by Power Rating, 2024 to 2034
Figure 33: Global Market Attractiveness by Phase, 2024 to 2034
Figure 34: Global Market Attractiveness by Application, 2024 to 2034
Figure 35: Global Market Attractiveness by End-use, 2024 to 2034
Figure 36: Global Market Attractiveness by Region, 2024 to 2034
Figure 37: North America Market Value (US$ million) by Motor Type, 2024 to 2034
Figure 38: North America Market Value (US$ million) by Power Rating, 2024 to 2034
Figure 39: North America Market Value (US$ million) by Phase, 2024 to 2034
Figure 40: North America Market Value (US$ million) by Application, 2024 to 2034
Figure 41: North America Market Value (US$ million) by End-use, 2024 to 2034
Figure 42: North America Market Value (US$ million) by Country, 2024 to 2034
Figure 43: North America Market Value (US$ million) Analysis by Country, 2019 to 2034
Figure 44: North America Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 45: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 46: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 47: North America Market Value (US$ million) Analysis by Motor Type, 2019 to 2034
Figure 48: North America Market Volume (Units) Analysis by Motor Type, 2019 to 2034
Figure 49: North America Market Value Share (%) and BPS Analysis by Motor Type, 2024 to 2034
Figure 50: North America Market Y-o-Y Growth (%) Projections by Motor Type, 2024 to 2034
Figure 51: North America Market Value (US$ million) Analysis by Power Rating, 2019 to 2034
Figure 52: North America Market Volume (Units) Analysis by Power Rating, 2019 to 2034
Figure 53: North America Market Value Share (%) and BPS Analysis by Power Rating, 2024 to 2034
Figure 54: North America Market Y-o-Y Growth (%) Projections by Power Rating, 2024 to 2034
Figure 55: North America Market Value (US$ million) Analysis by Phase, 2019 to 2034
Figure 56: North America Market Volume (Units) Analysis by Phase, 2019 to 2034
Figure 57: North America Market Value Share (%) and BPS Analysis by Phase, 2024 to 2034
Figure 58: North America Market Y-o-Y Growth (%) Projections by Phase, 2024 to 2034
Figure 59: North America Market Value (US$ million) Analysis by Application, 2019 to 2034
Figure 60: North America Market Volume (Units) Analysis by Application, 2019 to 2034
Figure 61: North America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 62: North America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 63: North America Market Value (US$ million) Analysis by End-use, 2019 to 2034
Figure 64: North America Market Volume (Units) Analysis by End-use, 2019 to 2034
Figure 65: North America Market Value Share (%) and BPS Analysis by End-use, 2024 to 2034
Figure 66: North America Market Y-o-Y Growth (%) Projections by End-use, 2024 to 2034
Figure 67: North America Market Attractiveness by Motor Type, 2024 to 2034
Figure 68: North America Market Attractiveness by Power Rating, 2024 to 2034
Figure 69: North America Market Attractiveness by Phase, 2024 to 2034
Figure 70: North America Market Attractiveness by Application, 2024 to 2034
Figure 71: North America Market Attractiveness by End-use, 2024 to 2034
Figure 72: North America Market Attractiveness by Country, 2024 to 2034
Figure 73: Latin America Market Value (US$ million) by Motor Type, 2024 to 2034
Figure 74: Latin America Market Value (US$ million) by Power Rating, 2024 to 2034
Figure 75: Latin America Market Value (US$ million) by Phase, 2024 to 2034
Figure 76: Latin America Market Value (US$ million) by Application, 2024 to 2034
Figure 77: Latin America Market Value (US$ million) by End-use, 2024 to 2034
Figure 78: Latin America Market Value (US$ million) by Country, 2024 to 2034
Figure 79: Latin America Market Value (US$ million) Analysis by Country, 2019 to 2034
Figure 80: Latin America Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 81: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 82: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 83: Latin America Market Value (US$ million) Analysis by Motor Type, 2019 to 2034
Figure 84: Latin America Market Volume (Units) Analysis by Motor Type, 2019 to 2034
Figure 85: Latin America Market Value Share (%) and BPS Analysis by Motor Type, 2024 to 2034
Figure 86: Latin America Market Y-o-Y Growth (%) Projections by Motor Type, 2024 to 2034
Figure 87: Latin America Market Value (US$ million) Analysis by Power Rating, 2019 to 2034
Figure 88: Latin America Market Volume (Units) Analysis by Power Rating, 2019 to 2034
Figure 89: Latin America Market Value Share (%) and BPS Analysis by Power Rating, 2024 to 2034
Figure 90: Latin America Market Y-o-Y Growth (%) Projections by Power Rating, 2024 to 2034
Figure 91: Latin America Market Value (US$ million) Analysis by Phase, 2019 to 2034
Figure 92: Latin America Market Volume (Units) Analysis by Phase, 2019 to 2034
Figure 93: Latin America Market Value Share (%) and BPS Analysis by Phase, 2024 to 2034
Figure 94: Latin America Market Y-o-Y Growth (%) Projections by Phase, 2024 to 2034
Figure 95: Latin America Market Value (US$ million) Analysis by Application, 2019 to 2034
Figure 96: Latin America Market Volume (Units) Analysis by Application, 2019 to 2034
Figure 97: Latin America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 98: Latin America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 99: Latin America Market Value (US$ million) Analysis by End-use, 2019 to 2034
Figure 100: Latin America Market Volume (Units) Analysis by End-use, 2019 to 2034
Figure 101: Latin America Market Value Share (%) and BPS Analysis by End-use, 2024 to 2034
Figure 102: Latin America Market Y-o-Y Growth (%) Projections by End-use, 2024 to 2034
Figure 103: Latin America Market Attractiveness by Motor Type, 2024 to 2034
Figure 104: Latin America Market Attractiveness by Power Rating, 2024 to 2034
Figure 105: Latin America Market Attractiveness by Phase, 2024 to 2034
Figure 106: Latin America Market Attractiveness by Application, 2024 to 2034
Figure 107: Latin America Market Attractiveness by End-use, 2024 to 2034
Figure 108: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 109: Western Europe Market Value (US$ million) by Motor Type, 2024 to 2034
Figure 110: Western Europe Market Value (US$ million) by Power Rating, 2024 to 2034
Figure 111: Western Europe Market Value (US$ million) by Phase, 2024 to 2034
Figure 112: Western Europe Market Value (US$ million) by Application, 2024 to 2034
Figure 113: Western Europe Market Value (US$ million) by End-use, 2024 to 2034
Figure 114: Western Europe Market Value (US$ million) by Country, 2024 to 2034
Figure 115: Western Europe Market Value (US$ million) Analysis by Country, 2019 to 2034
Figure 116: Western Europe Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 117: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 118: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 119: Western Europe Market Value (US$ million) Analysis by Motor Type, 2019 to 2034
Figure 120: Western Europe Market Volume (Units) Analysis by Motor Type, 2019 to 2034
Figure 121: Western Europe Market Value Share (%) and BPS Analysis by Motor Type, 2024 to 2034
Figure 122: Western Europe Market Y-o-Y Growth (%) Projections by Motor Type, 2024 to 2034
Figure 123: Western Europe Market Value (US$ million) Analysis by Power Rating, 2019 to 2034
Figure 124: Western Europe Market Volume (Units) Analysis by Power Rating, 2019 to 2034
Figure 125: Western Europe Market Value Share (%) and BPS Analysis by Power Rating, 2024 to 2034
Figure 126: Western Europe Market Y-o-Y Growth (%) Projections by Power Rating, 2024 to 2034
Figure 127: Western Europe Market Value (US$ million) Analysis by Phase, 2019 to 2034
Figure 128: Western Europe Market Volume (Units) Analysis by Phase, 2019 to 2034
Figure 129: Western Europe Market Value Share (%) and BPS Analysis by Phase, 2024 to 2034
Figure 130: Western Europe Market Y-o-Y Growth (%) Projections by Phase, 2024 to 2034
Figure 131: Western Europe Market Value (US$ million) Analysis by Application, 2019 to 2034
Figure 132: Western Europe Market Volume (Units) Analysis by Application, 2019 to 2034
Figure 133: Western Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 134: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 135: Western Europe Market Value (US$ million) Analysis by End-use, 2019 to 2034
Figure 136: Western Europe Market Volume (Units) Analysis by End-use, 2019 to 2034
Figure 137: Western Europe Market Value Share (%) and BPS Analysis by End-use, 2024 to 2034
Figure 138: Western Europe Market Y-o-Y Growth (%) Projections by End-use, 2024 to 2034
Figure 139: Western Europe Market Attractiveness by Motor Type, 2024 to 2034
Figure 140: Western Europe Market Attractiveness by Power Rating, 2024 to 2034
Figure 141: Western Europe Market Attractiveness by Phase, 2024 to 2034
Figure 142: Western Europe Market Attractiveness by Application, 2024 to 2034
Figure 143: Western Europe Market Attractiveness by End-use, 2024 to 2034
Figure 144: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 145: Eastern Europe Market Value (US$ million) by Motor Type, 2024 to 2034
Figure 146: Eastern Europe Market Value (US$ million) by Power Rating, 2024 to 2034
Figure 147: Eastern Europe Market Value (US$ million) by Phase, 2024 to 2034
Figure 148: Eastern Europe Market Value (US$ million) by Application, 2024 to 2034
Figure 149: Eastern Europe Market Value (US$ million) by End-use, 2024 to 2034
Figure 150: Eastern Europe Market Value (US$ million) by Country, 2024 to 2034
Figure 151: Eastern Europe Market Value (US$ million) Analysis by Country, 2019 to 2034
Figure 152: Eastern Europe Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 153: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 154: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 155: Eastern Europe Market Value (US$ million) Analysis by Motor Type, 2019 to 2034
Figure 156: Eastern Europe Market Volume (Units) Analysis by Motor Type, 2019 to 2034
Figure 157: Eastern Europe Market Value Share (%) and BPS Analysis by Motor Type, 2024 to 2034
Figure 158: Eastern Europe Market Y-o-Y Growth (%) Projections by Motor Type, 2024 to 2034
Figure 159: Eastern Europe Market Value (US$ million) Analysis by Power Rating, 2019 to 2034
Figure 160: Eastern Europe Market Volume (Units) Analysis by Power Rating, 2019 to 2034
Figure 161: Eastern Europe Market Value Share (%) and BPS Analysis by Power Rating, 2024 to 2034
Figure 162: Eastern Europe Market Y-o-Y Growth (%) Projections by Power Rating, 2024 to 2034
Figure 163: Eastern Europe Market Value (US$ million) Analysis by Phase, 2019 to 2034
Figure 164: Eastern Europe Market Volume (Units) Analysis by Phase, 2019 to 2034
Figure 165: Eastern Europe Market Value Share (%) and BPS Analysis by Phase, 2024 to 2034
Figure 166: Eastern Europe Market Y-o-Y Growth (%) Projections by Phase, 2024 to 2034
Figure 167: Eastern Europe Market Value (US$ million) Analysis by Application, 2019 to 2034
Figure 168: Eastern Europe Market Volume (Units) Analysis by Application, 2019 to 2034
Figure 169: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 170: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 171: Eastern Europe Market Value (US$ million) Analysis by End-use, 2019 to 2034
Figure 172: Eastern Europe Market Volume (Units) Analysis by End-use, 2019 to 2034
Figure 173: Eastern Europe Market Value Share (%) and BPS Analysis by End-use, 2024 to 2034
Figure 174: Eastern Europe Market Y-o-Y Growth (%) Projections by End-use, 2024 to 2034
Figure 175: Eastern Europe Market Attractiveness by Motor Type, 2024 to 2034
Figure 176: Eastern Europe Market Attractiveness by Power Rating, 2024 to 2034
Figure 177: Eastern Europe Market Attractiveness by Phase, 2024 to 2034
Figure 178: Eastern Europe Market Attractiveness by Application, 2024 to 2034
Figure 179: Eastern Europe Market Attractiveness by End-use, 2024 to 2034
Figure 180: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 181: East Asia Market Value (US$ million) by Motor Type, 2024 to 2034
Figure 182: East Asia Market Value (US$ million) by Power Rating, 2024 to 2034
Figure 183: East Asia Market Value (US$ million) by Phase, 2024 to 2034
Figure 184: East Asia Market Value (US$ million) by Application, 2024 to 2034
Figure 185: East Asia Market Value (US$ million) by End-use, 2024 to 2034
Figure 186: East Asia Market Value (US$ million) by Country, 2024 to 2034
Figure 187: East Asia Market Value (US$ million) Analysis by Country, 2019 to 2034
Figure 188: East Asia Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 189: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 190: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 191: East Asia Market Value (US$ million) Analysis by Motor Type, 2019 to 2034
Figure 192: East Asia Market Volume (Units) Analysis by Motor Type, 2019 to 2034
Figure 193: East Asia Market Value Share (%) and BPS Analysis by Motor Type, 2024 to 2034
Figure 194: East Asia Market Y-o-Y Growth (%) Projections by Motor Type, 2024 to 2034
Figure 195: East Asia Market Value (US$ million) Analysis by Power Rating, 2019 to 2034
Figure 196: East Asia Market Volume (Units) Analysis by Power Rating, 2019 to 2034
Figure 197: East Asia Market Value Share (%) and BPS Analysis by Power Rating, 2024 to 2034
Figure 198: East Asia Market Y-o-Y Growth (%) Projections by Power Rating, 2024 to 2034
Figure 199: East Asia Market Value (US$ million) Analysis by Phase, 2019 to 2034
Figure 200: East Asia Market Volume (Units) Analysis by Phase, 2019 to 2034
Figure 201: East Asia Market Value Share (%) and BPS Analysis by Phase, 2024 to 2034
Figure 202: East Asia Market Y-o-Y Growth (%) Projections by Phase, 2024 to 2034
Figure 203: East Asia Market Value (US$ million) Analysis by Application, 2019 to 2034
Figure 204: East Asia Market Volume (Units) Analysis by Application, 2019 to 2034
Figure 205: East Asia Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 206: East Asia Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 207: East Asia Market Value (US$ million) Analysis by End-use, 2019 to 2034
Figure 208: East Asia Market Volume (Units) Analysis by End-use, 2019 to 2034
Figure 209: East Asia Market Value Share (%) and BPS Analysis by End-use, 2024 to 2034
Figure 210: East Asia Market Y-o-Y Growth (%) Projections by End-use, 2024 to 2034
Figure 211: East Asia Market Attractiveness by Motor Type, 2024 to 2034
Figure 212: East Asia Market Attractiveness by Power Rating, 2024 to 2034
Figure 213: East Asia Market Attractiveness by Phase, 2024 to 2034
Figure 214: East Asia Market Attractiveness by Application, 2024 to 2034
Figure 215: East Asia Market Attractiveness by End-use, 2024 to 2034
Figure 216: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 217: South Asia Pacific Market Value (US$ million) by Motor Type, 2024 to 2034
Figure 218: South Asia Pacific Market Value (US$ million) by Power Rating, 2024 to 2034
Figure 219: South Asia Pacific Market Value (US$ million) by Phase, 2024 to 2034
Figure 220: South Asia Pacific Market Value (US$ million) by Application, 2024 to 2034
Figure 221: South Asia Pacific Market Value (US$ million) by End-use, 2024 to 2034
Figure 222: South Asia Pacific Market Value (US$ million) by Country, 2024 to 2034
Figure 223: South Asia Pacific Market Value (US$ million) Analysis by Country, 2019 to 2034
Figure 224: South Asia Pacific Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 225: South Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 226: South Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 227: South Asia Pacific Market Value (US$ million) Analysis by Motor Type, 2019 to 2034
Figure 228: South Asia Pacific Market Volume (Units) Analysis by Motor Type, 2019 to 2034
Figure 229: South Asia Pacific Market Value Share (%) and BPS Analysis by Motor Type, 2024 to 2034
Figure 230: South Asia Pacific Market Y-o-Y Growth (%) Projections by Motor Type, 2024 to 2034
Figure 231: South Asia Pacific Market Value (US$ million) Analysis by Power Rating, 2019 to 2034
Figure 232: South Asia Pacific Market Volume (Units) Analysis by Power Rating, 2019 to 2034
Figure 233: South Asia Pacific Market Value Share (%) and BPS Analysis by Power Rating, 2024 to 2034
Figure 234: South Asia Pacific Market Y-o-Y Growth (%) Projections by Power Rating, 2024 to 2034
Figure 235: South Asia Pacific Market Value (US$ million) Analysis by Phase, 2019 to 2034
Figure 236: South Asia Pacific Market Volume (Units) Analysis by Phase, 2019 to 2034
Figure 237: South Asia Pacific Market Value Share (%) and BPS Analysis by Phase, 2024 to 2034
Figure 238: South Asia Pacific Market Y-o-Y Growth (%) Projections by Phase, 2024 to 2034
Figure 239: South Asia Pacific Market Value (US$ million) Analysis by Application, 2019 to 2034
Figure 240: South Asia Pacific Market Volume (Units) Analysis by Application, 2019 to 2034
Figure 241: South Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 242: South Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 243: South Asia Pacific Market Value (US$ million) Analysis by End-use, 2019 to 2034
Figure 244: South Asia Pacific Market Volume (Units) Analysis by End-use, 2019 to 2034
Figure 245: South Asia Pacific Market Value Share (%) and BPS Analysis by End-use, 2024 to 2034
Figure 246: South Asia Pacific Market Y-o-Y Growth (%) Projections by End-use, 2024 to 2034
Figure 247: South Asia Pacific Market Attractiveness by Motor Type, 2024 to 2034
Figure 248: South Asia Pacific Market Attractiveness by Power Rating, 2024 to 2034
Figure 249: South Asia Pacific Market Attractiveness by Phase, 2024 to 2034
Figure 250: South Asia Pacific Market Attractiveness by Application, 2024 to 2034
Figure 251: South Asia Pacific Market Attractiveness by End-use, 2024 to 2034
Figure 252: South Asia Pacific Market Attractiveness by Country, 2024 to 2034
Figure 253: Middle East & Africa Market Value (US$ million) by Motor Type, 2024 to 2034
Figure 254: Middle East & Africa Market Value (US$ million) by Power Rating, 2024 to 2034
Figure 255: Middle East & Africa Market Value (US$ million) by Phase, 2024 to 2034
Figure 256: Middle East & Africa Market Value (US$ million) by Application, 2024 to 2034
Figure 257: Middle East & Africa Market Value (US$ million) by End-use, 2024 to 2034
Figure 258: Middle East & Africa Market Value (US$ million) by Country, 2024 to 2034
Figure 259: Middle East & Africa Market Value (US$ million) Analysis by Country, 2019 to 2034
Figure 260: Middle East & Africa Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 261: Middle East & Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 262: Middle East & Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 263: Middle East & Africa Market Value (US$ million) Analysis by Motor Type, 2019 to 2034
Figure 264: Middle East & Africa Market Volume (Units) Analysis by Motor Type, 2019 to 2034
Figure 265: Middle East & Africa Market Value Share (%) and BPS Analysis by Motor Type, 2024 to 2034
Figure 266: Middle East & Africa Market Y-o-Y Growth (%) Projections by Motor Type, 2024 to 2034
Figure 267: Middle East & Africa Market Value (US$ million) Analysis by Power Rating, 2019 to 2034
Figure 268: Middle East & Africa Market Volume (Units) Analysis by Power Rating, 2019 to 2034
Figure 269: Middle East & Africa Market Value Share (%) and BPS Analysis by Power Rating, 2024 to 2034
Figure 270: Middle East & Africa Market Y-o-Y Growth (%) Projections by Power Rating, 2024 to 2034
Figure 271: Middle East & Africa Market Value (US$ million) Analysis by Phase, 2019 to 2034
Figure 272: Middle East & Africa Market Volume (Units) Analysis by Phase, 2019 to 2034
Figure 273: Middle East & Africa Market Value Share (%) and BPS Analysis by Phase, 2024 to 2034
Figure 274: Middle East & Africa Market Y-o-Y Growth (%) Projections by Phase, 2024 to 2034
Figure 275: Middle East & Africa Market Value (US$ million) Analysis by Application, 2019 to 2034
Figure 276: Middle East & Africa Market Volume (Units) Analysis by Application, 2019 to 2034
Figure 277: Middle East & Africa Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 278: Middle East & Africa Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 279: Middle East & Africa Market Value (US$ million) Analysis by End-use, 2019 to 2034
Figure 280: Middle East & Africa Market Volume (Units) Analysis by End-use, 2019 to 2034
Figure 281: Middle East & Africa Market Value Share (%) and BPS Analysis by End-use, 2024 to 2034
Figure 282: Middle East & Africa Market Y-o-Y Growth (%) Projections by End-use, 2024 to 2034
Figure 283: Middle East & Africa Market Attractiveness by Motor Type, 2024 to 2034
Figure 284: Middle East & Africa Market Attractiveness by Power Rating, 2024 to 2034
Figure 285: Middle East & Africa Market Attractiveness by Phase, 2024 to 2034
Figure 286: Middle East & Africa Market Attractiveness by Application, 2024 to 2034
Figure 287: Middle East & Africa Market Attractiveness by End-use, 2024 to 2034
Figure 288: Middle East & Africa Market Attractiveness by Country, 2024 to 2034
The global market was valued at USD 3,602.2 million in 2024.
The explosion-proof motor market is anticipated to rise at 4.4% CAGR.
The explosion-proof motor market is set to reach USD 5,540.8 million by 2034.
Oil and gas is expected to lead the market during the forecast period.
ABB Group, Regal Beloit, Siemens, Auma GmbH, and Emerson Electric Co.
Class 1 and division 1 motors are explosion-proof.
Oil & gas, chemicals & petrochemicals, and metals & mining industries.
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