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LATIN AMERICA INTRINSICALLY SAFE EQUIPMENT MARKET
Forecasts, Shares and Trends (2014 – 2019)
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REPORT DESCRIPTION
Venezuela has the largest proven oil reserves in the world. It is one of the largest oil
exporting countries in the world. It has huge refineries to process the oil it takes out.
Argentina also holds huge amounts of shale gas which can be used extensively. The
Intrinsically Safe Equipmentmarket is booming in this region and still there is a lot of
potential to grow in this region.
Intrinsic Safety refers to the measures and materials put into place to prevent explosions in
potentially hazardous environments by either electrical spark or thermal energy. Intrinsically
Safe equipment are able to do so by limiting both the electrical and thermal energy of the
apparatus to minimum in potentially hazardous environments. There are different global
standards for the same, which vary across different geographical regions.
Intrinsically safe equipment is safe by its own inherent design and does not require any
external source. Installation of such equipment is easy and there are potential cost savings
as the processes for which these equipment are used need not be stopped for carrying out
maintenance work.
Growing concern for safety at workplace and government regulations is driving the demand
for such equipment across industry verticals. These equipment can be sensors, detectors,
transmitters, switches LED lights and others. This market is expected to grow at an
exponential rate with the increasing focus on safety and cost benefits.
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Some of the vendors mentioned in the report are Fluke, OMEGA Engineering, Eaton,
Pepperl+Fuchs, R. STAHL, and CorDEX Instruments.
What the Report Offers
1) Market Definition for the Intrinsically Safe Equipment Market along with identification of
key drivers and restraints for the market.
2) Market analysis for the Intrinsically Safe Equipment Market, with region specific
assessments and competition analysis on a global and regional scale.
3) Identification of factors instrumental in changing the market scenarios, rising prospective
opportunities and identification of key companies which can influence the market on a
global and regional scale.
4) Extensively researched competitive landscape section with profiles of major companies
along with their share of markets.
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5) Identification and analysis of the Macro and Micro factors that affect the Intrinsically Safe
Equipment Market on both global and regional scale.
6) A comprehensive list of key market players along with the analysis of their current
strategic interests and key financial information.
Beneficiaries:
1) Vendors who are into manufacturing of these products as they can get an overview of
what competitors are doing and also which markets they can look forward to expand their
operations
2) Investors who are willing to invest in this marke
3) Consultants who can have readymade analysis to guide their clients
4) Anyone who wants to know about this industry
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TABLE OF CONTENTS
1. Introduction
1.1 Key Findings
1.2 Research Methodology
2. Executive Summary
3. Market Insights
3.1 Market Overview
3.2 Factors Driving the Market
3.2.1 Increasing focus on safety and security of personals employed in potentially
hazardous locations
3.2.2 Government Policies
3.2.3 Potential Cost Savings
3.3 Factors Restraining the Market
3.3.1 Industry Standards vary across different regions
3.3.2 Continuous Amendments in Safety Regulations
3.4 Industry Value Chain Analysis
3.5 Industry Attractiveness – Porter’s Five Forces
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3.5.1 Bargaining Power of Suppliers
3.5.2 Bargaining Power of Consumers
3.5.3 Threat of New Entrants
3.5.4 Threat of Substitute Products or Services
3.5.5 Competitive Rivalry among Existing Competitors
3.6 Current Opportunities in Market
3.7 Industry Standards
3.7.1 International – IEC 60079-0, 60079-11
3.7.2 United States – FM3600, 3610
3.7.3 Europe – EN 60079-0, 60079-11
3.8 Certifying Bodies
3.8.1 Underwriter Laboratories
3.8.2 Intertek Group
3.8.3 TUV
3.8.4 National Fire Protection Agency
3.8.5 Canadian StandardsAssociation
3.8.6 FactoryMutual
3.8.7 National ElectricCode
3.8.8 InstrumentSociety of Measurement andControl
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3.9 Patents
4. Technology Overview
4.1 Technology Snapshot
4.2 Types of Intrinsically Safe Equipment
4.2.1 Isolators
4.2.2 Sensors
4.2.3 Detectors
4.2.4 Transmitters
4.2.5 Switches
4.2.6 LED Indicating Lights
4.2.7 Others
4.3 Applications of Intrinsically Safe Equipment
5. Intrinsically Safe Equipment Market Forecast by Products
5.1 Isolators
5.1.1 Overview
5.1.2 Market Share and Forecast
5.2 Sensors
5.2.1 Overview
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5.2.2 Market Share and Forecast
5.3 Detectors
5.3.1 Overview
5.3.2 Market Share and Forecast
5.4 Transmitters
5.4.1 Overview
5.4.2 Market Share and Forecast
5.5 Switches
5.5.1 Overview
5.5.2 Market Share and Forecast
5.6 LED Indicating Lights
5.6.1 Overview
5.6.2 Market Share and Forecast
5.7 Others
5.7.1 Overview
5.7.2 Market Share and Forecast
6. Intrinsically Safe Equipment Market Forecast by End User Industry
6.1 Automotive
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6.1.1 Overview
6.1.2 Market Share and Forecast
6.1.3 Analyst View
6.2 Energy
6.2.1 Overview
6.2.2 Market Share and Forecast
6.2.3 Analyst View
6.3 Healthcare
6.3.1 Overview
6.3.2 Market Share and Forecast
6.3.3 Analyst View
6.4 Mining & Metals
6.4.1 Overview
6.4.2 Market Share and Forecast
6.4.3 Analyst View
6.5 Pulp & Paper
6.5.1 Overview
6.5.2 Market Share and Forecast
6.5.3 Analyst View
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6.6 Manufacturing
6.6.1 Overview
6.6.2 Market Share and Forecast
6.6.3 Analyst View
6.7 Infrastructure
6.7.1 Overview
6.7.2 Market Share and Forecast
6.7.3 Analyst View
6.8 Others
6.8.1 Overview
6.8.2 Market Share and Forecast
6.8.3 Analyst View
7. Intrinsically Safe Equipment Market Forecast by Regions
7.1 Latin America
7.1.1 Introduction
7.1.2 Brazil
7.1.3 Mexico
7.1.4 Argentina
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7.1.5 Venezuela
7.1.6 Others
7.1.7 Analyst View
8. Intrinsically Safe Equipment Vendor Market Share
9. Competitive Intelligence and Profiles of Intrinsically Safe Equipment Vendors
9.1 Fluke
9.1.1 Overview
9.1.2 Major Products and Services
9.1.3 Financials
9.1.4 Recent Developments
9.2 OMEGA Engineering
9.2.1 Overview
9.2.2 Major Products and Services
9.2.3 Financials
9.2.4 Recent Developments
9.3 Eaton
9.3.1 Overview
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9.3.2 Major Products and Services
9.3.3 Financials
9.3.4 Recent Developments
9.4 Pepperl+Fuchs
9.4.1 Overview
9.4.2 Major Products and Services
9.4.3 Financials
9.4.4 Recent Developments
9.5 R. STAHL
9.5.1 Overview
9.5.2 Major Products and Services
9.5.3 Financials
9.5.4 Recent Developments
9.6 CorDEX Instruments
9.6.1 Overview
9.6.2 Major Products and Services
9.6.3 Financials
9.6.4 Recent Developments
9.7 RAE Systems
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9.7.1 Overview
9.7.2 Major Products and Services
9.7.3 Financials
9.7.4 Recent Developments
9.8 Halma Company
9.8.1 Overview
9.8.2 Major Products and Services
9.8.3 Financials
9.8.4 Recent Developments
9.9 G.M. International srl
9.9.1 Overview
9.9.2 Major Products and Services
9.9.3 Financials
9.9.4 Recent Developments
9.10 Banner Engineering Corp.
9.10.1 Overview
9.10.2 Major Products and Services
9.10.3 Financials
9.10.4 Recent Developments
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9.11 Bayco
9.11.1 Overview
9.11.2 Major Products and Services
9.11.3 Financials
9.11.4 Recent Developments
9.12 Kyland Technology
9.12.1 Overview
9.12.2 Major Products and Services
9.12.3 Financials
9.12.4 Recent Developments
10. Investment Analysis
10.1 Recent Mergers and Acquisitions
10.2 Investor Outlook
11. Future of Latin America Intrinsic Safety Equipment Market
List of Figures
List of Tables
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Abbreviations
Works Cited
Disclaimer
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