China
2024-04-04 3519Thanks to the promotion of oil related industries in Europe, Central Asia, and Africa (EMEA), the explosion-proof lamp market in EMEA is growing slightly faster than the US market. Driven by the mining and petroleum related sub industries in the Americas (South, Central, and North America) region, it is expected that explosion-proof lamps will occupy a significant market position in commercial and industrial, mining and petroleum related industries, as well as military and transportation sectors. It is estimated that the global sales value of LED explosion-proof lamps is expected to increase from $151.5 million in 2013 to $248.1 million in 2020. Thanks to policy promotion, explosion-proof electrical appliances have developed rapidly in China.
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