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

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Hazardous Location Air Conditioners Market is
estimated to hit 436.85 million by 2023
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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.
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Selected 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 explosion proof enclosures should be capable
  of withstanding an explosion from a specified gas
  or vapor that may occur within it. For such an
  explosion, the enclosure must prevent the
  ignition of a specified gas or vapor within it.
  Furthermore, the enclosures external temperature
  must remain low enough so that it does not ignite
  the surrounding flammable atmosphere.

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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.
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Key Players of the Hazardous Location Air
Conditioners Market

• DURABLE MACHINERY COMPANY, LLC
• FRIEDRICH AIR CONDITIONING CO., LTD
• JOHNSON CONTROLS, INC
• KLINGE CORPORATION
• KOOLTRONIC, INC and Others

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