Hazardous Location LED Lighting Market Forecast (Explosion Proof Lighting) 2022-2032

 

ElectroniCast

montgomery@electronicast.com

10-Year Market Forecast –

Hazardous Area LED luminaires reached $577.81 million in 2022

June 21, 2023 -- ElectroniCast Consultants, a leading market research consultancy, today announced the release of their market forecast study of the worldwide use of light-emitting diode-lighting (LED) luminaries (fixtures with lamp/light source) in hazardous location lighting. 

“Last year (2022), the global consumption value of LED-based luminaires for use in hazardous location lighting (explosion-proof and other) reached $577.81 million,” said Stephen Montgomery, president of ElectroniCast.  

“The consumption (use) value is forecast to increase at an average annual rate of 6.8% during the 1st-half of the forecast period (2022-2027) to reach $803.78 million in the year 2027, and then at a slower (more mature) annual pace (3.9%) during the 2nd-half (2027-2032), to reach $971.67 million in 2032,” Montgomery added.

Unsafe lighting is one of the most common potential sources of ignition causing an explosion.  Working environments that contain explosive gases or dust are extremely volatile environments. A variety of luminaires (light fixture + LED light source) are available that are considered suitable for hazardous locations since they prevent any possible ignition sources from being exposed to the air. In various lighting applications, hazardous locations are defined as areas that are at risk of fire or explosion due to the combined presence of electrical equipment and flammable gases or vapors, flammable liquids, combustible dust, ignitable fibers, or other substances. 

In the process of this market research project, in addition to interviewing existing customers and potential customers of LED-based hazardous location lighting, ElectroniCast also studied lighting manufacturers with various ranges of hazardous area lighting products. The luminaires are designed for locations where explosive gases and dust are found, providing suitable lighting without enabling a risk of explosion.

 

The continued acceptance of solid-state lighting (SSL) light emitting diodes (LEDs) in the general lighting industry continues to push lighting-industry vendors, as well as end-users, to consider innovative solutions (new products) to adopt hazardous location LED lighting solutions. 

 

The following regions are quantified in this study report:

 

• America (North, Central, and South America)
• EMEA (Europe, Middle East, and Africa)
• APAC (Asia Pacific)

 

This market forecast is presented for four (4) major end-user group (sub-application) categories:

 

·         Power Plants, Pumping Stations, Substations

·         Military Bases, Airports, and Other Transportation Facilities                      

·         Gas (service) Stations, Paint-Spray Booths, and Other Commercial/Industrial

·         Oil Fields, Oil Refineries, Offshore Oil Platforms, Mining, and Other Similar

 

“The Gas (service) Station, Paint Spray Booth, and Commercial/Industrial category is expected to hold the lead in relative market share of global consumption throughout the forecast period,” Montgomery added.  

 

The market forecast is also segmented into the following product-type:

 

·         Spot, Flood, and General-Area

·         Linear: Tube and String/Strip

·         Small portable-type: Flashlights, wearable head-light

·         Specialty, Panel, and Miscellaneous

 

 

Consumption Value Forecast     Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.   Last year (2022), the global consumption value of LED-based luminaires for use in hazardous location lighting (explosion-proof and other) reached $577.81 million.  The consumption (use) value is forecast to increase at an average annual rate of 6.8% during the 1^st-half of the forecast period (2022-2027) to reach $803.78 million in the year 2027, and then at a slower (more mature) annual pace (3.9%) during the 2^nd-half (2027-2032), to reach $971.67 million in 2032.  ^[1]  

 montgomery@electronicast.com 

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[1]  All values and prices in this report are at factory as-shipped levels and are in current dollars, which include the effect of a forecasted 5 percent annual inflation rate over the forecast period.

Planar Lightwave Circuit (PLC) Splitters for Optical Fibers Global Market Forecast

June  2023 - ElectroniCast, a leading market and technology consultancy, today announced the report release of their 10-year market forecast of the global consumption of Planar Lightwave Circuit (PLC) splitters used in Fiber Optic Communication Networks.

According to the market review and forecast report, in terms of value The worldwide consumption value of PLC splitter component-level compact devices (tube, cassette or compact box-type) reached an estimated $164.98 million in 2022, up from $142.42 million in 2021.

The worldwide consumption value of PLC splitter component-level compact devices (tube, cassette or compact box-type) is forecast to increase to $189.88 million in the year 2027, and eventually increasing to $192.60 million in 2032. The forecasted relative flat growth pattern in value in the last few years of the forecast is due mainly to continued decreases in average selling prices (ASPs), as well as volume (quantity) due mainly to approaching market saturation in the more established sub-regional markets.

The global use of PLC compact devices in the Telco/CATV (Service Provider) application category, is forecast for a relatively low growth pattern during the next decade; mainly because much of the “greenfield” (new-built) Telco/CATV projects are winding-down in mature countries.  

PLC splitter compact devices used in FTTX, PONs and other Telecom (and CATV) service provider network applications led in global consumption in 2022.  The compact devices used with test/measurement, R&D and specialty applications are forecast for slow but steady increases each year.

Consumption in Private Enterprise is forecast for “double-digit” annual growth for the next decade.  Private Enterprise and the majority of Harsh Environment optical communication usage, tends to favor multimode optical fiber (and lower port-count) and therefore most of the coupler/splitter function is dealt with by the usage of Fused Biconical Taper (FBT) component. However, as overall single-mode optical fiber use and link distances expand in Private Enterprise, including Enterprise Hyperscale Data Centers (HDCs), and Harsh Environments, so will the use of PLC splitters, according to ElectroniCast. It is important to note, however, that device (and module) packaging for the harsh environment application (military, industrial, and other related) demands a cost/price premium versus standard packaging.

This annual study report quantifies PLC splitter compact devices, as well as PLC splitter modules (such as ABS Box modules and other types). 

There are several piece-parts that are needed to produce a typical PLC splitter, such as 1 or 2 input optical fibers with an input fiber containment unit, a planar (splitter) chip, a fiber array containment unit, and several output optical fibers (2 or more), as well as the housing/exterior package. PLC splitters are available in several configurations; the study report provides market data on 11-separate configuration (port-count), addressing average selling price, volume and value, for the years 2022-2032.  

Note: All values and prices in this report are at factory as-shipped levels, and are in current dollars, which include the effect of a forecasted 5 percent annual inflation rate over the forecast period.

This market forecast report, which is available immediately, is part of a consultant service from ElectroniCast to our clients. This market forecast report is available immediately from ElectroniCast. For detailed information on this or other services provided by ElectroniCast, please contact ElectroniCast at their website.

Founded in 1981, ElectroniCast – www.electronicast.com specializes in forecasting trends in technology forecasting, markets and applications forecasting, strategic planning and consulting. ElectroniCast, as a technology-based independent forecasting firm, serves industrial companies, trade associations, government agencies, communications and manufacturing companies, as well as the investment/financial community.  Reduction of the risk of major investment decisions is the main benefit provided.  ElectroniCast’s goal is to understand the challenges and opportunities facing clients and to provide timely, accurate information for strategic planning.

contact: montgomery@electronicast.com