Analysis of the Development Trend of the Global Explosion-proof Lighting Industry in 2022


Recently, the research and analysis of the global explosion-proof lighting products market development has been done. The global explosion-proof lamp market economy is expected to grow at a CAGR of 6.7% in China during the period (2022-2027). This information data is based on the comprehensive consideration of multiple influencing factors such as the rapid transition from my country's traditional explosion-proof lighting technology to socially advanced LED explosion-proof searchlights, explosion-proof headlights, handheld explosion-proof flashlights, and outdoor explosion-proof lamps. This is due to the fact that the explosion-proof lamps of the LED light source have a longer life, lower energy consumption, and better lighting system performance. So explosion-proof lighting manufacturers themselves should learn how to effectively respond to the company's explosion-proof lighting industry market in the next five years?
Capturing the high demand exhibited by the industry.
In recent years, the rapid expansion of the global oil and gas, chemical and pharmaceutical industries, mining, manufacturing and other industries has created high demand for explosion proof lighting all over the world. In addition, the rise of emerging economies such as China, India, Brazil, and Russia has been accompanied by policy support from governments, and the number of oil and gas projects in these countries has multiplied. It is not difficult to see that the market will grow rapidly within the foreseeable range. The biggest problem with purchasing explosion-proof lighting fixtures is high cost, which is the next challenge for manufacturers of explosion-proof glare flashlights. On the one hand, the market demand for explosion-proof lamps has increased sharply, on the other hand, the biggest obstacle to market growth is the purchase cost of lamps.
The continuing impact of the epidemic
The development of the new crown epidemic will continue to affect until 2022, and the business of LED explosion-proof searchlight manufacturers will also be affected. Especially for foreign explosion-proof lamp manufacturers, the business work is almost stagnant. And this is a good opportunity for my country's domestic explosion-proof flashlight manufacturers to expand the economic share of foreign capital markets.
The global explosion-proof lighting market is further segmented into non-stationary explosion-proof lighting, mobile explosion-proof lighting, and portable explosion-proof lighting. According to a comprehensive analysis of TANK007 explosion-proof flashlight market analysts, the fastest growing is expected to be the mobile explosion-proof lighting market. According to the light source analysis, there are incandescent lamps, fluorescent lamps, LEDs and HIDs in the current explosion-proof lighting market. In the next 5 years, LED will continue to maintain its technical advantage as a light source, and will not gradually gain a price advantage. Compared with traditional explosion-proof light source lamps, LED explosion-proof lamps have better performance, longer service life, more stable work, and economical use.