Picture

Questions?

+1-866-353-3335

SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: Mordor Intelligence | PRODUCT CODE: 1626299

Cover Image

PUBLISHER: Mordor Intelligence | PRODUCT CODE: 1626299

Latin America Hazardous Location Motors - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)

PUBLISHED:
PAGES: 120 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
PDF (Single User License)
USD 4750
PDF (Team License: Up to 7 Users)
USD 5250
PDF (Site License)
USD 6500
PDF (Corporate License)
USD 8750

Add to Cart

The Latin America Hazardous Location Motors Market is expected to register a CAGR of 5.1% during the forecast period.

Latin America Hazardous Location Motors - Market - IMG1

Key Highlights

  • When operating in a hazardous location, the use of explosion-proof motors is critical for the safety of personnel and equipment. Explosion-proof motors are intended for use in hazardous environments containing flammable gases, dust, or fibers.
  • Under normal operating conditions, electric motors generate heat and have the potential to generate a spark if a motor coil fails. Excessive motor case temperatures or an uncontained spark can cause an explosion or ignite a fire in environments containing specific hazardous materials. Hazardous location motors contain an explosion within the motor casing and prevent the occurrence of sparks.
  • However, designing and manufacturing motors that completely engulf an internal explosion without rupturing or passing out any hot gases from the enclosure so that they are forced to exit through a long, narrow opening known as flame paths are the two significant challenges faced by hazardous location motors market.
  • Further, the Covid-19 pandemic has also posed several challenges to the studied market, like disruption in the supply chain and increased raw materials prices.

Latin America Hazardous Location Motors Market Trends

The Oil and Gas Segment is Expected to Hold a Major Market Share

  • The workers in oil and gas industries are exposed to risks like fire and explosion due to the ignition of flammable vapors or gases. Flammable gases, such as vapors, well gases, and hydrogen sulfide, can be released from trucks, wells, production equipment, or surface equipment such as tanks and shale shakers. Ignition sources can include static, open flames, electrical energy sources, lightning, cutting and welding tools, cigarettes, hot surfaces, and frictional heat.
  • Regular electric motors are prone to explosions when used in situations containing flammable elements such as oil and gas fumes or liquids, as they could produce high surface temperatures or sparks. The implications could vary from modest production interruptions to serious injury and even death.
  • There is an upward trend in the Latin American region's production as well as consumption of oil and gas resources. According to Baker Hughes, the number of oil and gas rigs as of October 2021, Latin America had 152 oil rigs, of which 33 were offshore rigs.
  • Further, according to Energy Information Administration (EIA), With almost 3.8 million barrels of crude oil, natural gas plant liquids (NGPL), and other associated liquids produced per day in 2020, Brazil was the most significant petroleum-producing country in Latin America and the Caribbean. Mexico came in second with 1.9 million barrels per day that year. After a downturn due to the COVID-19 pandemic, the oil and gas industry in the region is witnessing steady growth.
  • Resultantly, the class-I hazardous location motors, which are designed so that their motor case temperatures do not exceed safe temperatures for environments where combustible gases, vapors, or liquids are present, are increasingly being adopted in the region.

Class II Hazardous Location Motors are Expected to Drive the Market

  • Methane and coal dust are two of the most common explosive hazards in coal mines. When a buildup of methane gas comes into contact with a heat source, and there is insufficient air to dilute the gas level below the point of explosion, methane explosions occur.
  • Similarly, fine particles of coal dust in the right concentration can be explosive when they come into contact with a source of heat. It is also possible to have hybrid explosions caused by a combination of methane and coal dust.
  • The grain and milling industries are two of the most common sources of dust explosions. Flour may appear harmless, but when it is distributed in high concentrations in the air and combined with an ignition source, confined space, dispersion, and oxygen, it causes an explosion. The milling activities in the region are in an upward trend, which provides lucrative opportunities for the growth of the studied market.
  • For instance, according to USDA foreign agricultural service, Brazil is a prominent milled rice producer in Latin America, with an estimated output of nearly 7.5 million metric tons in 2020; Peru followed with a production of 2.4 million tons and is expected to rise during the forecast period.
  • Class II hazardous location motors, which reduce heat produced by operating at a lower current rating and employ other failsafe methods such as thermostats that disengage the motor power before it reaches critical temperatures to limit an excessive motor case temperature condition, are becoming more popular in the region.

Latin America Hazardous Location Motors Industry Overview

The North America Hazardous Location Motors market is moderately competitive with significant players like Brook Crompton, Stainless Motors, Inc., Dietz Electric Co., Inc., Emerson Electric Co., WEG Industries, etc. The players in the market must focus on technological innovations and strategic collaborations to expand their market share.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Product Code: 47084

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Technology Snapshot
  • 4.4 Assessment of the Impact of COVID-19

5 MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Growing Safety Measures
    • 5.1.2 Increasing Demand for Energy Efficient Motors
  • 5.2 Market Restraints
    • 5.2.1 Regulations & Compliance
    • 5.2.2 High Installation Cost for Material and Labor in Comparison to Non-Explosion Proof Motors

6 MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 Explosion-Proof General Purpose Motors
    • 6.1.2 Drill Rig Duty Motors
    • 6.1.3 Explosion-Proof Pump Motors
    • 6.1.4 Explosion-Proof Inverter Duty Motors
    • 6.1.5 Explosion-Proof Severe Duty Motors
  • 6.2 By Class
    • 6.2.1 Class I
    • 6.2.2 Class II
    • 6.2.3 Class III
  • 6.3 By Division
    • 6.3.1 Division 1
    • 6.3.2 Division 2
  • 6.4 By Zone
    • 6.4.1 Zone 0
    • 6.4.2 Zone 1
    • 6.4.3 Zone 21
    • 6.4.4 Zone 22
    • 6.4.5 Zone 20
  • 6.5 By Applications
    • 6.5.1 Spray Painting and Finishing Areas
    • 6.5.2 Petroleum Refining Plants
    • 6.5.3 Dry Cleaning Facilities
    • 6.5.4 Utility Gas Plants
    • 6.5.5 Grain Elevators and Grain Handling Facilities
    • 6.5.6 Flour Mills
    • 6.5.7 Aluminum Manufacturing and Storage Areas
    • 6.5.8 Fire Work Plants and Storage Areas
    • 6.5.9 Confectionary Plants
    • 6.5.10 Other Applications
  • 6.6 By Country
    • 6.6.1 Brazil
    • 6.6.2 Mexico
    • 6.6.3 Rest of Latin America

7 COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Brook Crompton
    • 7.1.2 Stainless Motors, Inc.
    • 7.1.3 Dietz Electric Co., Inc.
    • 7.1.4 Emerson Electric Co.
    • 7.1.5 WEG Industries
    • 7.1.6 Rockwell Automation, Inc.
    • 7.1.7 Nidec Motor Corporation
    • 7.1.8 Kollmorgen Corporation
    • 7.1.9 ABB Ltd
    • 7.1.10 Heatrex Inc.

8 INVESTMENT ANALYSIS

9 FUTURE OF THE MARKET

Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!