Global Explosion Proof Mobile Communication Devices Market Grows Steadily at a CAGR of 8.70%

Introduction

Images, data, and voice transmission can monitor and control such areas using explosion-proof communication equipment. Much information is being sent between offshore and onshore facilities as remote and integrated operations in hazardous locations become increasingly widespread. Secure communication is crucial for businesses operating in dangerous environments. These businesses must have access to information and resources to be constantly updated about reducing the risks of explosions and disasters due to the complexity of the processes involved.

Market Dynamics

Growing Need for Fast and Seamless Voice, Image, and Data Transfer in Industries Drives the Global Market

Mobile communication tools are crucial to the industry because they can boost output through real-time data transfer and communication. The industry's expanding use of IoT devices promises a reduction in operating expenses and time. The IoT era has seen a considerable increase in the demand for swift and faultless operations across various end-user sectors. Explosion-proof mobile communication devices are used more frequently to ensure smooth operations by transferring images, data, and speech for monitoring and control. Businesses can start employing these cutting-edge technologies by setting up wireless networks and keeping complete control and visibility via mobile devices, PDAs, and tablets. In addition, as remote and integrated operations in hazardous locations become more prevalent, much information is being transferred from offshore to onshore facilities.

Government Rules and Regulations on the Use of Safe Equipment in Hazardous Places Creates Tremendous Opportunities

The usage of safety equipment is often governed by laws that government agencies enforce. Several government bodies and corporate organizations have recently underlined the need for strong regulations in the world's leading economies. These laws place a heavy emphasis on the use of equipment that is explosion-proof in all critical industries. In addition, adoption has grown due to deadly mishaps in other industries. These concerns have caused industrial facilities and manufacturing firms to invest time and money in safety measures to protect their workers and production lines from explosions.

Regional Analysis

North America is the most significant global explosion-proof mobile communication devices market shareholder and is anticipated to grow at a CAGR of 7.90% over the projection period. Hazardous conditions exist in the chemical, oil and gas, and refining industries that could cause significant explosions in the nearby process industries. For example, Tri-Chem Industries explosion catastrophes in the US and BP's Texas City Refinery occurred primarily due to a lack of precise and timely information, making it impossible to respond appropriately to emergent situations in these risky locations. This could enhance demand for real-time communication equipment that can withstand explosions and propel market expansion.

Europe is anticipated to grow at a CAGR of 8.75%, generating USD 298.48 million over the forecast period. Expanding technological advancements in communication devices for explosion and hazardous locations for increased worker safety are driving the market expansion in the Europe region. The market for explosion-proof mobile communication devices offers data on a range of recent developments, product pipeline analysis, the impact of domestic and regional market players, analyses of opportunities for developing revenue pockets, regulatory changes, product approvals, strategic decisions, product launches, geographical expansions, and technological advancements in the field.

Asia-Pacific is one of the top investors and adopters in the market under study due to rising investment in industrial sectors and automation technologies. Mobile communication devices that withstand explosive and dangerous conditions are employed in many industry verticals. The industrialization of Asian countries, especially India and China, will fuel the demand for mobile communication devices that can withstand an explosion. Oil-rich regions like the South China Sea and the Arabian Sea present an enticing market for explosion-proof mobile communication technology as restrictions become more stringent.

Key Highlights

• The global explosion-proof mobile communication devices market was valued at USD 504.60 million in 2021. It is projected to reach USD 1,069.09 million by 2030, growing at a CAGR of 8.70% during the forecast period (2022-2030). 
• Based on product, the global explosion-proof mobile communication devices market is bifurcated into smartphones, cell phones, two-way radios, handheld PC, headsets, tablets, and other products. The smartphone and cell phone segment is the highest contributor to the market and is expected to grow at a CAGR of 9.10% during the forecast period.
• Based on the end-user industry, the global explosion-proof mobile communication devices market is bifurcated into oil and gas, mining, manufacturing and processing, chemical and pharmaceutical, defense, and other end-user industries. The oil and gas segment owns the highest market share and is expected to grow at a CAGR of 9.6% during the forecast period.
• North America is the most significant global explosion-proof mobile communication devices market shareholder and is anticipated to grow at a CAGR of 7.90% over the projection period.

Competitive Players

Competitive Players

The global explosion-proof mobile communication devices market's major key players are Aegex Technologies LLC, i.safe MOBILE GmbH, Xciel Inc., Kyocera Corporation, RugGear, Zebra Technologies Corporation (Xplore Technologies Corp.), Getac Technology Corporation, Panasonic Corporation, Caterpillar Inc., Sonim Technologies Inc., Airacom Limited, and Bartec GmbH.

Recent Developments

Market News

• In November 2022, At SPS - Smart Production Solutions in Nuremberg, the Pepperl+Fuchs brand ECOM Instruments demonstrated a multi-faceted ecosystem as the link between mobile workers and the hazardous areas of a smart factory in hall 7A at booth 411. Smartphones, tablets, and smart glasses provide mobile workers almost unlimited flexibility in every application scenario.
• In April 2022, The XP5plus is currently available in Canada, according to Sonim Technologies. The XP5plus expands on the success of the XP5s, one of the most well-liked PTT-over-Cellular ultra-rugged devices among industrial workers who want prompt, dependable two-way communications. The new XP5plus is specifically made for essential conversations and has features that make Push-to-Talk (PTT) more enjoyable, like a model with two straightforward control knobs for volume and channel selection.

Segmentation

Global Explosion Proof Mobile Communication Device Market: Segmentation

By Product

• Smartphones and Cellphones
• Two-way Radios
• Handheld PC
• Headsets
• Tablets
• Other Products

By End-User Industry

• Oil and Gas
• Mining
• Manufacturing and Processing
• Chemical and Pharmaceutical
• Defense
• Other End-User Industries

By Regions

• North America
• Europe
• Asia-Pacific
• LAMEA