Market Share of Intrinsically Safe Equipment Industry
The intrinsically safe equipment market is fragmented with the presence of major players like Pepperl + Fuchs, Fluke Corporation (Fortive Corporation), OMEGA Engineering, R. Stahl AG, and Honeywell International Inc. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- October 2023 - Omega Engineering announced the upgrade of its entire family of HANITM Temperature Sensors, a series of sensors. These improvements to the innovative, award-winning HANI temperature sensing technology include an IP67 rating for all HANI products.
- December 2023 - R. STAHL introduced new 8530 and 8550 Ex d e explosion-protected components for Ex e switching and power distribution boards. The highlight of both the new 8530 and 8550 series is the design, and the operating current – previously 40A – is increased to 63A for the 8530 series and even to 125A for the 8550 series.
Intrinsically Safe Equipment Market Leaders
Pepperl + Fuchs
Fluke Corporation (Fortive Corporation)
OMEGA Engineering
R. Stahl AG
Honeywell International Inc.
*Disclaimer: Major Players sorted in no particular order
