The global intrinsically safe equipment market is on a consistent upward trajectory, reflecting the rising demand for safety-certified devices across oil and gas, chemical processing, mining, and manufacturing sectors. The market size stood at USD 3.85 billion in 2024 and is projected to grow steadily at a compound annual growth rate (CAGR) of 6.7% between 2025 and 2034. This momentum is not evenly distributed worldwide; rather, it is influenced by regional manufacturing trends, regulatory compliance frameworks, and the strength of cross-border supply chains. North America, Europe, and Asia Pacific are shaping the global a
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