Global Explosion-Proof Electric Chain Hoist Market 2023-2030
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Global Explosion-Proof Electric Chain Hoist Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

GLOBAL EXPLOSION-PROOF ELECTRIC CHAIN HOIST MARKET

 

INTRODUCTION

Electric Chain Hoists Explosion-Proof ST Ex chain hoists are among the safest technologies available on the market for the chemical, petrochemical, and pharmaceutical industries, as well as the food processing, power supply, shipbuilding, offshore, and natural gas liquefaction (LNG) industries.

 

According to the National Electrical Code, explosion proof refers to an apparatus encased in a container that can survive a gas or vapour explosion. That means that if there is an explosion, it will be contained within an enclosure. Explosion-Proof Materials (Non-sparking) Non Sparking metals include copper-aluminium alloys, stainless steel, silver, aluminium, and galvanised steel. 

 

GLOBAL EXPLOSION-PROOF ELECTRIC CHAIN HOIST MARKET SIZE AND FORECAST

 

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The Global Explosion-proof Electric Chain Hoist Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

 

RECENT DEVELOPMENT

The explosion resistant hoist devices from David Round are specifically developed to meet the electrical standards necessary in hazardous or classified manufacturing and processing environments. Unlike explosion proof chain hoists, spark resistant chain hoists are the safest approach to raise their cargo in a hazardous area.

 

They also provide hoists designed for both Class I and Class II settings. EPC-Series electric explosion proof chain hoist products, which include NEMA 7 enclosures, pendants, and fittings, as well as explosion-proof rated motors when needed, are intended for H-4 operation in Class I settings with dangerous gases and vapours AND Class II situations with combustible dust.

 

Units can also be designed for usage in Division I or Division II rated buildings.

 

To further limit the possibility of unintended sparking during routine lifting operations, all EPC-Series explosion proof hoist equipment have spark-resistant characteristics. Each Explosion Proof hoist comes with rubber bumpers, stainless steel trolley wheels, a load chain, a bottom block, and a hook.

 

According to David Round's interpretation of Articles 500-504 of the National Electric Code, David Round makes both explosion proof and dust ignition proof machinery.

 

However, it is the responsibility of the customer to determine the class, division, and group for each hoisting application and to confirm that each David Round product intended for use in a hazardous environment meets the standards for the intended area of use before installation and operation.

 

COMPANY PROFILE

  • Ganesh Marine Services
  • N. K. Engineers
  • Person Equipments
  • Hafa Hoists Pvt.
  • Hindustan Hoist & Cranes Industries

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many Explosion-proof Electric Chain Hoists are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global Explosion-proof Electric Chain Hoist and key vendor selection criteria
  3. Where is the Explosion-proof Electric Chain Hoist manufactured? What is the average margin per unit?
  4. Market share of Global Explosion-proof Electric Chain Hoist market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global Explosion-proof Electric Chain Hoist in-house
  6. key predictions for next 5 years in Global Explosion-proof Electric Chain Hoist market
  7. Average B-2-B Explosion-proof Electric Chain Hoist market price in all segments
  8. Latest trends in Explosion-proof Electric Chain Hoist market, by every market segment
  9. The market size (both volume and value) of the Explosion-proof Electric Chain Hoist market in 2023-2030 and every year in between?
  10. Production breakup of Explosion-proof Electric Chain Hoist market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix