Int'l : +1-503-894-6022 | Toll Free : +1-800-792-5285 | help@alliedmarketresearch.com
A12128 | Pages: NA | Charts: NA | Tables: NA |
Explosion-proof Mobile Communication Devices Market Outlook- 2030
Explosion-proof communication devices are used to transmit images, data, and voice to monitor and control places such as mines, and military and defense area. As the remote and integrated operations in hazardous locations are becoming more widespread, an ever-increasing amount of information is being exchanged from offshore to onshore facilities. Explosion-proof mobile communication devices are robust gadgets that are built to withstand harsh conditions. Workers in industries like oil & gas, chemicals, pharmaceuticals, mining, and others frequently use these devices.
The global explosion-proof mobile communication devices market is segmented on the basis of product type, industry vertical and region. Based on product type, the market is divided into smartphones & cellphones, two way radios, handheld PC, and headset. On the basis of industry vertical the market is divided into oil & gas, manufacturing, mining, processing, and military & defense. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global explosion-proof mobile communication devices industry include ECOM Instruments GmbH, Getac Technology Corp., Aegex Technologies, LLC, Sonim Technologies Inc., BARTEK PIXAVI, Zebra Technologies Corp., RugGear, Panasonic, and Ascom. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global explosion-proof mobile communication devices market.
COVID-19 Scenario Analysis
The worldwide quarantine imposed in response to the COVID-19 outbreak has resulted in an economic catastrophe that has thrown practically every business into disarray. The epidemic has wreaked havoc on a variety of industries, and the explosion proof mobile communication devices industry is no exception. Following the SARS-CoV-2 outbreak, businesses were forced to make difficult financial and cost-cutting decisions to ensure the continued flow of goods. Due to the short-term influence on the manufacturing sector around the world, a drop in explosion-proof mobile communication devices market forecast demand was witnessed. The COVID-19 outbreak and subsequent lockdown have resulted in the closure of activities, as well as e-commerce and retail stores, putting supply chains at risk and widening the gap between demand and supply.
Through continual monitoring of industry movements and geopolitical responses, explosion proof mobile communication devices organizations are expected to formulate long-term plans, examine prospective scenarios, and re-orient both strategy and operations to developing market trends beyond 2021.
Top Impacting Factors
The primary drivers that fueled the market demand were awareness in the use of gadgets in hazardous places. The widespread use of explosion-proof mobile communication is predicted to fuel growth, thanks to increased government restrictions and benefits connected with various verticals of mobile communication usage by operators and workers. The market has created an opportunity as a result of expanding trends in features and connection. Furthermore, the number of explosions in the harsh environment of manufacturing enterprises is on the rise. Due to the presence of chemicals, toxic paints, and other combustible particles, the attention on the safety of hazardous areas is expanding, prompting an increased focus on explosion-proof communication equipment.
However, firms are restricted from developing items that are incompatible with all countries due to differing safety standards across the globe. This factor is limiting the demand for explosion-proof mobile communication equipment.
Rapid Growth in Oil and Gas Industry
The demand for oil and gas is expected to expand during the forecast period. In 2018, global energy consumption increased by a good number, with growth concentrated in developing countries such as India and China. In the industry, communication devices play a critical role in boosting production through real-time data transfer and communication. IoT device use is expanding throughout the sector, which means lower costs and faster operations. It also improves the working conditions for offshore workers.
The Deepwater Horizon oil leak, the largest accidental maritime oil spill in the history of the petroleum sector, happened in the Gulf of Mexico in April 2010 on the British Petroleum-operated Macondo Prospect. The total spillage was estimated by the US government results in an accident. As a result, strict restriction regarding policies and safety equipment were enacted. To ensure safety, these measures included the use of explosion-proof equipment. The implementation of safety policies is expected to increase reliance on explosion-proof equipment, hence indirectly promoting global market growth.
Increase in Demand for Wireless Connectivity
To carry data across great distances, wireless technology is used effectively. Designers got access to a plethora of new uses when wireless technology was developed. Wave frequencies that can be used by satellites and infrared rays are emitted via the air and do not require wires because wireless technology is an electromagnetic communication medium. The market's growth has been fueled by the expanding wireless need for connectivity and operations to get data and monitor it online.
Key Benefits of the Report
Questions Answered in the Explosion-proof Mobile Communication Devices Market Research Report
Key Market Segments
Key Market Players