Global Explosion Proof Motor Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026

Explosion Proof Motor is a type of motor that used in explosive gas environment and explosive dust environment.
The Explosion Proof Motor industry concentration is not high; there are more than one hundreds manufacturers in the world, and high-end products mainly from U.S. and Western European.

Global giant manufactures mainly distributed in Japan, U.S. and E.U. The manufacturers in U.S. have a long history and unshakable status in this field. Manufacturers such as Regal Beloit and TECO have relative higher level of product’s quality. As to Japan, Toshiba has become as a global leader. In Europe, ABB and Siemens leads the technology development. Most of Chinese manufactures locate in Henan, Heilongjiang and Jiangsu province.

Many companies have several plants, usually locate in the place close to aimed consumption region. There are international companies set up factories in China either. Some companies usually take a joint venture enter, like Toshiba who take their advantage merge with Mitsubishi.

The key consumption markets locate at developed countries. China takes the market share of 25%, followed by Europe with 24%. China’s consumption market has a quicker growing speed of CAGR 5%.

We tend to believe this industry becomes more and more mature, and the consumption increasing rate will show a smooth curve.

In the international market, the marketing channels characteristic differ from to.
The international leading companies prefer setting up factories directly into aimed market, and taking own sales department to expand market. The giant companies are more likely to set their own big agents in some major countries and regions taking charge of regional business building their international market position.

Companies in developing countries such as China and India, in contrast, put more effort on direct selling business. They can act as exports at the same time, and it is a common phenomenon in this industry. As they do not have that much international brand influence, their product quality is not good enough when comparing with leading companies, however, they have price advantage. They like to expand their market share in developing countries and low-end international market.

The market is not only influenced by the price, but also influenced by the product performance. Although China domestic companies have price advantage, the application is narrow to some extent due to the poor manufacture processing, cheap raw material and less diversity of products.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

Company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ prefers investing to underdevelopment regions these years.

This industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Explosion Proof Motor will increase.

Market Analysis and Insights: Global Explosion Proof Motor Market
In 2019, the global Explosion Proof Motor market size was US$ 2696.4 million and it is expected to reach US$ 3463.4 million by the end of 2026, with a CAGR of 3.6% during 2021-2026.
Global Explosion Proof Motor Scope and Market Size
Explosion Proof Motor market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Explosion Proof Motor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.

Segment by Type, the Explosion Proof Motor market is segmented into
EXd Type
Increased-Safety Type
Other Types

Segment by Application, the Explosion Proof Motor market is segmented into
Coal Industry
Petrochemical Industry
Other Industry

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Explosion Proof Motor Market Share Analysis
Explosion Proof Motor market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Explosion Proof Motor product introduction, recent developments, Explosion Proof Motor sales by region, type, application and by sales channel.

The major companies include:
Toshiba
ABB
Siemens
WEG
Regal Beloit
Hyosung
Nidec
TECO- Westinghouse
Kollmorgen
Lafert
Brook Crompton
Wolong
Jiamusi Electric Machine
Dazhong Electro Motors
Anda Explosion-proof Electrical
SEC Electric Machinery
Gaoke Dianji