Middle East and Africa Intrinsically Safe Equipment Market Size (2024 - 2029)

The Middle East and Africa Intrinsically Safe Equipment Market is experiencing growth driven by the increasing demand for devices that ensure safety in potentially explosive environments, particularly in the context of Industry 4.0 and digitization. The market's expansion is supported by the advantages offered by intrinsically safe equipment, such as the elimination of the need for pressure-proof enclosures and the ability to service systems without a hot work permit. The focus on innovative product development further enhances the competitive landscape, contributing to the market's growth trajectory.

Market Size of Middle East and Africa Intrinsically Safe Equipment Industry

Middle East and Africa Intrinsically Safe Equipment Market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 7.12 %
Market Concentration Medium

Major Players

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*Disclaimer: Major Players sorted in no particular order

MEA Intrinsically Safe Equipment Market Analysis

The Middle East and Africa Intrinsically Safe Equipment Market is expected to register a CAGR of 7.12% during the forecast period of 2021-2026. The advent of Industry 4.0 is driving enterprises in many end-user industries toward the age of digitization, creating a demand for hardware such as sensors, actuators, and valves, among other things, that can work with IoT gadgets for control and energy management. Such functionality can help in the current COVID-19 circumstance by allowing the device to be controlled remotely, driving the growth of the studied market.

  • The intrinsic safety in potentially explosive areas of process automation, which refers to the electronic prevention of sparks through the limitation of electricity, voltage, and wattage in the electric circuit concerned, is becoming increasingly popular in the region. This method makes applying pressure-proof enclosures for the installed equipment and devices in the explosive areas unnecessary.
  • Intrinsically safe equipment offers several advantages for operating and maintaining a processing plant, for example, the servicing of devices and systems without a hot work permit.
  • Further, the increasing demand for intrinsically safe devices for the Class I environment associated with flammable gasses and vapors, including gasoline, hydrogen, natural gas propane, ethanol, or methane, which exist under normal operating conditions and abnormal operating conditions, is aiding the market growth.
  • Moreover, the continuous focus on developing innovative and advanced products creates an opportunity for the market, which results in strengthening the competitive environment. For instance, in July 2021, Pepperl+Fuchs launched the M-LB-2000 system that protects against surge Transients. The one-piece devices can be mounted on a standard DIN mounting rail, are approved for applications up to SIL 3, and are certified per ATEX and IECEx up to Zone 1. The M-LB-2000 is also UL-listed for Division 1 and used in intrinsically safe control loops. The M-LB-2000 can be used as an alternative to standard terminal blocks, as it also features a loop disconnect function.
  • Intrinsically safe equipment is typically slightly more expensive than non-intrinsically safe equipment. This results more from obtaining and maintaining the approval than from the cost of additional or uncommon components.

MEA Intrinsically Safe Equipment Industry Segmentation

Intrinsically safe equipment is equipment and wiring that is inept of releasing sufficient electrical or thermal energy under normal or abnormal conditions to cause ignition of a specific hazardous atmospheric mixture in its most easily ignited concentration.

The Middle East and Africa Intrinsically Safe Equipment Market is Segmented By Zone (Zone 0, Zone 20, Zone 1, Zone 21, Zone 2, Zone 22), Class (Class 1, Class 2, Class 3), Products (Sensors, Detectors, Switches, Transmitters, Isolators, LED Indicators), End-user (Oil and Gas, Mining, Power, Chemical and Petrochemical, Processing, Other End Users), and Country.

By Zone
Zone 0
Zone 20
Zone 22
Zone 1
Zone 21
Zone 2
By Class
Class 1
Class 2
Class 3
By Products
Sensors
Detectors
Transmitters
Isolators
LED Indicators
Others
By End-user Industry
Oil and Gas
Mining
Power
Chemical and Petrochemical
Processing
Others
By Country
United Arab Emirates
Saudi Arabia
South Africa
Qatar
Kuwait
Rest of Middle East and Africa
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Middle East and Africa Intrinsically Safe Equipment Market Size Summary

The Middle East and Africa Intrinsically Safe Equipment Market is experiencing significant growth, driven by the increasing adoption of Industry 4.0 and the demand for IoT-compatible hardware. This trend is particularly relevant in sectors such as oil and gas, mining, and chemical production, where safety is paramount due to the presence of flammable gases and vapors. Intrinsically safe equipment, which prevents ignition by limiting electrical energy, is becoming more popular as it eliminates the need for pressure-proof enclosures and allows for maintenance without hot work permits. The market is also benefiting from innovations like Pepperl+Fuchs' M-LB-2000 system, which enhances safety in hazardous areas. Despite being slightly more expensive due to the need for approvals, the advantages of these systems in ensuring safe operations in explosive environments are driving their adoption.

The market landscape is moderately fragmented, with key players such as Fluke Corporation, Eaton Corporation PLC, and Pepperl + Fuchs actively engaging in strategic collaborations to enhance their market presence. The abundance of natural gas reserves in the region, coupled with increasing demand for natural gas and ongoing investments in oilfield expansion projects, are expected to further propel market growth. Additionally, the development of advanced safety switches and sensors, like those from SICK AG and Banner Engineering, is contributing to the market's expansion by providing enhanced protection in hazardous locations. These developments, along with the focus on innovative product offerings, are strengthening the competitive environment and creating lucrative opportunities for market participants.

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Middle East and Africa Intrinsically Safe Equipment Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.2.1 Bargaining Power of Suppliers

      2. 1.2.2 Bargaining Power of Consumers

      3. 1.2.3 Threat of New Entrants

      4. 1.2.4 Threat of Substitute Products

      5. 1.2.5 Intensity of Competitive Rivalry

    3. 1.3 Technology Snapshot

    4. 1.4 Industry Value Chain Analysis

    5. 1.5 Assessment of Impact of COVID-19 on the Industry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Zone

      1. 2.1.1 Zone 0

      2. 2.1.2 Zone 20

      3. 2.1.3 Zone 22

      4. 2.1.4 Zone 1

      5. 2.1.5 Zone 21

      6. 2.1.6 Zone 2

    2. 2.2 By Class

      1. 2.2.1 Class 1

      2. 2.2.2 Class 2

      3. 2.2.3 Class 3

    3. 2.3 By Products

      1. 2.3.1 Sensors

      2. 2.3.2 Detectors

      3. 2.3.3 Transmitters

      4. 2.3.4 Isolators

      5. 2.3.5 LED Indicators

      6. 2.3.6 Others

    4. 2.4 By End-user Industry

      1. 2.4.1 Oil and Gas

      2. 2.4.2 Mining

      3. 2.4.3 Power

      4. 2.4.4 Chemical and Petrochemical

      5. 2.4.5 Processing

      6. 2.4.6 Others

    5. 2.5 By Country

      1. 2.5.1 United Arab Emirates

      2. 2.5.2 Saudi Arabia

      3. 2.5.3 South Africa

      4. 2.5.4 Qatar

      5. 2.5.5 Kuwait

      6. 2.5.6 Rest of Middle East and Africa

Middle East and Africa Intrinsically Safe Equipment Market Size FAQs

The Middle East and Africa Intrinsically Safe Equipment Market is projected to register a CAGR of 7.12% during the forecast period (2024-2029)

SICK AG, Banner Engineering Corp., Pepperl + Fuchs, Fluke Corporation and Eaton Corporation PLC are the major companies operating in the Middle East and Africa Intrinsically Safe Equipment Market.

Middle East and Africa Intrinsically Safe Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)