The Global Hazardous Location LED Lights Market is valued at USD 0.23 billion in 2016 and is expected to reach a value of USD 0.66 billion by the end of 2022 , growing at a projected CAGR of 19.35 % during the forecast period of 2017 – 2022 . Recent changes in the regulations in the US has led to the discontinuation of mercury vapor ballasts and metal halide luminaires , which has demanded a need for specialized lighting in hazardous areas . LEDs are sturdy , reliable , versatile , directional , cold start capable , efficient , non-toxic and durable . In the past few years , there has been a continuous technological advancement in manufacturing the bright white LED fixtures for industrial lighting . Hence , they are a good choice for indicator lamps as they are capable of replacing the traditional incandescent lamps at a fast rate .
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Rapid industrialization has further provided impetus to industrial LED lighting solutions , demanding indoor and outdoor lighting requirements , including hazardous locations , where safety and maintenance have been persistent concerns . Increasing the number of factories globally has led to an increased risk of explosion due to the mixtures of gases or flammable combinations . Therefore , in such areas , there has been a rising demand to eliminate sources of ignition such as sparks , hot surface or static electricity . This has accelerated the growth of LED lights implementation , used across industries such as mills that process fine particulates , handle or store pharmaceuticals ; fireworks ; plastics ; magnesium ; aluminum powders , coals and others .
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The hazardous location LED lights market is broadly divided on basis of their types , classes , hazardous zones , applications , end-users and geography . Based on the type of hazardous location , LED lights market has been segmented into LED cart light , LED flash light , LED flood light , off-shore skid lighting , LED ladder mount light and others . Based on class , the market is segregated into class I , class II and class III . There are various hazardous zones such as zone 0 , zone 20 , zone 1 , zone 21 , zone 2 and zone 22 , under which segmentation is done . Whereas , as per end-user consensus , the market is segmented into petroleum refineries , aircraft hangars , dry cleaning plants , utility gas plants , offshore oil platforms , chemical plants and others . Some of the market players mentioned in the report are Thomas & Betts Corporation , Emerson Industrial Automation , Digital Lumens , GE Lighting , Dialight PLC , Worksite Lighting , LLC and Larson Electronics .
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