Significant Growth in Explosion Proof Equipment Market by 2025
The global explosion proof equipment market size is projected to grow from USD 7.4billion in 2020 to USD 9.9billion by 2025, at a CAGR of 5.9% from 2020 to 2025. Factors such as the increasing industrial safety measures and rising Energy Requirements are expected to fuel the growth of the explosion proof equipment industry.
The major
players in the explosion proof equipmentmarket are Siemens (Germany),...