Between 2022 and 2032, the fastest growing jobs in the United States have been predicted to be ************************ and *******************. The growth rate was predicted by the U.S. Bureau of Labor Statistics as the highest projected percent change of employment. The United States was recently second in the list of leading countries by renewable energy consumption, so the demand for wind turbine technicians is perhaps understandably high.

According to the Bureau of Labor Statistics, four of the ten fastest growing occupations projected between 2023 and 2033 were in the healthcare sector. Nurse practitioners were projected to be the fastest growing occupation out of these four healthcare-related occupations. From 2023 to 2033, it was expected that employment of nurse practitioners will increase by **** percent. This ranks nurse practitioners ***** overall, after wind turbine service technicians and solar photovoltaic installers. The growth rate of NP has slowed down slightly since projections three years ago.

Graph and download economic data for All Employees, Manufacturing (MANEMP) from Jan 1939 to Jun 2025 about headline figure, establishment survey, manufacturing, employment, and USA.

Graph and download economic data for Employment Cost Index: Wages and Salaries: Private Industry Workers (ECIWAG) from Q1 2001 to Q1 2025 about cost, ECI, salaries, workers, private industries, wages, private, employment, industry, inflation, indexes, and USA.

Non Farm Payrolls in the United States increased by 147 thousand in June of 2025. This dataset provides the latest reported value for - United States Non Farm Payrolls - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Global Passive Fire Protection Coatings Market was valued at USD 4.01 billion in 2022 and is projected to reach USD 6.14 billion by 2030, registering a CAGR of 5.0% for the forecast period 2023-2030.

Increasing building and construction projects are surging the passive fire protection coatings market growth:

The growing building and construction projects are driving the market growth of the passive fire protection coatings market. Due to rapid urbanization, and a growing population the need for new buildings is rising which leads to an increase in construction projects and subsequently employment. Overall employment in construction and extraction occupations is projected to grow 4 percent from 2021 to 2031, about as fast as the average for all occupations. (https://www.bls.gov/ooh/construction-and-extraction/home.htm) With changing lifestyles and growing disposable income, the population is demanding security for their homes which also includes protection from fire. Thus, the rising population demand for fire security is accelerating the market growth of PFP coatings. Also, an increase in the number of fire accidents in residential, and commercial settings have raised awareness regarding passive fire protection coatings among the population. For overall home fires in the USA, the 2021 rate of 7.9 deaths per 1,000 reported home fires was 11% higher than the rate of 7.1 in 1980. (https://injuryfacts.nsc.org/home-and-community/safety-topics/fire-related-fatalities-and-injuries/)Thus, increasing rates of deaths due to home fires lead to an increase in the demand for PFP coatings which also boosts the market growth of the passive fire protection coatings.

Restraining Factor:

Fluctuations in the raw material prices may hamper the market growth of Passive Fire Protection Coatings:

Fluctuations in the prices of raw materials decline the market growth of the PFP coatings. Volatility in the prices of raw materials leads to a sudden increase in cost for manufacturers of passive fire protection coatings. Thus, this can lead to an increase in the overall cost of the PFP coatings shifting the end-users towards more cost-effective alternatives. Also, these changing prices create disruption in the supply chain as manufacturers may find challenging to source the needed quantity of raw materials which may also cause delays in the potential production and disruptions of PFP. This leads to the unavailability of the needed PFP coatings, driving the end-users to use a substitute for the PFP coatings, and hindering the market growth of the passive protection fire coatings market.

Impact of the COVID-19 Pandemic on the Passive Fire Protection Coatings Market: COVID-19 had a negative impact on the passive fire protection coatings market. The pandemic disrupted global supply chains due to restrictions and lockdowns on international trade. Production lines and manufacturing facilities faced temporary shutdowns or reduced capacities, which affected the pricing and availability of PFP coatings. End-user industries that are the consumers of passive fire protection coatings such as building & construction, and transportation, stopped their project activities, and industries such as oil & gas experienced a decline in their production facilities. As the end-user’s industries were going through a decline phase it hampered the market of passive fire protection coatings. Post covid all the production and supply chain activities resumed and demand for passive fire protection coatings rebounded. The construction projects also resumed their work which steadily increased the demand for PFP coatings. Due to the rise in disposable income post covid, the population started to book flats and oil and gas industries also started investing in passive fire protection coatings which paved the way for the growth of the PFP coatings market. What are Passive Fire Protection (PFP) Coatings? Passive Fire Protection Coatings refer to a protective barrier or coating applied to industrial components which might be structures or surfaces to prevent damage during a fire. A passive fire protection coating also consists of blanket systems, fibreboard systems, and cementitious products. Passive fire protection coatings are normally intumescent materials and some are part of an epoxy formulation. PFP coatings provide a protective barrier to prevent the spread of fire, safeguard the underlying materials from heat, and decrease the...

According to Cognitive Market Research, the global Hazardous area sensors market size will be USD 13924.8 million in 2025. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 5152.18 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.8% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue, with a market size of USD 4038.19 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 3341.95 million in 2025 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue, with a market size of USD 529.14 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2025 to 2033.
Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 556.99 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 306.35 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2025 to 2033.
Chemical industry is the fastest-growing segment in the Hazardous Area Sensors Market

Market Dynamics of Hazardous Area Sensors Market

Key Drivers for Hazardous Area Sensors Market

Rising Demand For Industrial Safety To Drive Market Growth

Rising demand for industrial safety is expected to drive future growth in the hazardous area sensors market. Industrial safety is a set of procedures, guidelines, and rules that protect the environment, workplace, and workers from harm. It serves as a corrective action that is periodically assessed and approved by safety specialists in order to ensure a safe workplace and long-term business operations. Hazardous area equipment is installed in hazardous areas to prevent explosions and keep people safe. As a result, the use of hazardous area equipment for industrial safety will drive up demand for such equipment. According to the Bureau of Labor Statistics, a US-based government agency, fatal work injuries in the United States increased by 5.7% in 2022 to 5,486 from 5,190 in 2021 as of December 2023. This trend shows a concerning increase in industrial accidents. As a result, the growing demand for industrial safety is propelling the hazardous area sensors market.

https://www.bls.gov/opub/ted/2023/fatal-work-injuries-up-in-2022.htm

Rising Incidence Of Workplace Accidents To Drive Market Growth

The rising number of workplace accidents is expected to fuel the growth of the hazardous area sensors market in the coming years. A rise in workplace accidents raises safety awareness, regulatory compliance, risk mitigation efforts, insurance and liability considerations, corporate social responsibility goals, a focus on employee welfare, and a desire for efficient emergency response systems. Companies invest in hazardous area equipment to address these concerns, ensuring a safe working environment, regulatory compliance, and overall employee and operational safety. For instance, in July 2024, the British Safety Council, an England-based registered charity, reported 136 workplace fatalities, an increase of 13 over the 123 deaths reported in 2021/22. As a result, the rising number of workplace accidents is propelling the growth of the hazardous area sensors market.

Restraint Factor for the Hazardous Area Sensors Market

High initial investment costs Limit Market Growth

High initial investment in the hazardous area sensors market significantly slows market growth as companies may be hesitant to spend large sums of money on safety devices. Most businesses, particularly small and medium-sized enterprises, are financially constrained, with limited resources to invest in sophisticated sensor technologies. This hesitancy can lead to a slow adoption of required safety measures, affecting compliance with safety standards and increasing the likelihood of accidents in risky environments. As a result, the high costs serve as a barrier to entry for prospective customers, impeding the market's overall growth and innovation

Impact of Trump Tariffs on the Hazardous Area Sensors Market

Hazardous area sensors frequently use c...

According to Cognitive Market Research, the global High voltage measuring equipment market size will be USD 1934.8 million in 2025. It will expand at a compound annual growth rate (CAGR) of 8.00% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 715.88 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 561.09 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 464.35 million in 2025 and will grow at a compound annual growth rate (CAGR) of 10.8% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 73.52 million in 2025 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2025 to 2033.
Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 77.39 million in 2025 and will grow at a compound annual growth rate (CAGR) of 9.3% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 42.57 million in 2025 and will grow at a compound annual growth rate (CAGR) of 8.3% from 2025 to 2033.
The Industrial category is the fastest growing segment of the high voltage measuring equipment market

Market Dynamics of High Voltage Measuring Equipment Market

Key Drivers for High Voltage Measuring Equipment Market

Electrical-Related Accidents Fueling Demand for the High Voltage Measurement Equipment Market

The rising incidence of electricity-related accidents is expected to drive future growth in the high voltage measuring equipment market. Electricity-related accidents are incidents caused by unintended and harmful interactions with electrical energy, which frequently result in injury, damage, or fatalities. These accidents occur as a result of inadequate safety precautions, a lack of awareness, improper maintenance of electrical infrastructure, and insufficient training in electrical safety practices. Electric test equipment is a critical component in preventing electrical accidents by identifying potential hazards, assessing the condition of electrical systems, and ensuring compliance with safety standards. According to data from the U.S. Bureau of Labor Statistics (BLS) compiled by the Electrical Safety Foundation International (ESFI), between 2011 and 2023, there were a total of 1,940 workplace fatalities involving electricity in the United States. This averages to approximately 149 deaths per year. Additionally, during this period, 74% of these fatalities occurred in non-electrically related occupations, while 26% occurred in electrical occupations. As a result, the increasing number of electricity-related accidents is driving the high voltage measuring equipment Market

https://www.esfi.org/workplace-safety/workplace-injury-fatality-statistics/

Technological Advancements in High Voltage Equipment Boost Market Growth

Technological advancements play an important role in driving growth in the High-Voltage Measuring Equipment Market. Continuous improvements in measurement technology result in increased accuracy, efficiency, and safety in high-voltage applications. The development of smart sensors and IoT-enabled measuring devices enables real-time monitoring and data analysis, which improves the overall management of high-voltage systems. As industries rely more on automated solutions, the demand for advanced measuring equipment designed with cutting-edge technology will grow.These advancements not only improve the functionality of measuring instruments but also provide better integration with existing systems, attracting more customers and increasing the rate of adoption of high-voltage measuring equipment

Restraint Factor for the High Voltage Measuring Equipment Market

High initial costs of advanced high-voltage measuring equipment Will Limit Market Growth

High capital expenditure on sophisticated high-voltage measuring devices is a major hindrance in the industry. Most organisations and utilities operate on tight budgets, and it is difficult to make investments in the latest measuring instruments. The advanced systems usually involve high capital costs for acquisition, installation, and integration into existing infrastructure. D...