Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Flame Detector Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.7% during the review period (2022 to 2027).
Flame detectors are witnessing several applications in a variety of environments ranging from industrial heating and drying systems, industrial gas turbines, to petrochemical oil and gas facilities. They reduce the risk in a given environment by rapidly detecting an unwanted flame. The significant growth drivers of global market are enlarged adoption of flame detector s in oil and gas industries, exploration of new mining sites which rises the need for flame detector’s there, drastic rising demand of flame detector’s in automation sector, the newly formed safety regulations for hazardous areas are getting more stiffer and the need of inclusive flame detector solutions across diverse sectors are some of the growth drivers responsible for the growth of global market.
The growing need for inclusive flame detector solutions across numerous sectors and and the increasing number of newly formed safety regulations for hazardous areas are factors that are adding traction to the global flame detector market. Also, increased investments for the production flame detectors are driving the growth of the market.
Industry Developments:
20/03/2021: Johnson Controls has released its new 700 Series conventional fire detectors, the company’s first microprocessor-based conventional fire detectors that precisely monitor and respond to building fire conditions. The inclusion of a microprocessor across the entire range means these conventional detectors offer advanced algorithms, resulting in the same detection performance and false alarm rejection as the company’s latest non-Fastlogic, Gen6 detectors.
29 January 2020 : Pennsylvania-based General Monitors has announced new FL500-H2 Flame Detector designed to enable the safe use, production and transport of hydrogen. The new flame detector has been specifically designed for the protection of oil/gas refineries, chemical plants, fuel stations, and other sites managing large volumes of the gas.
The Foldable Intermediate Bulk Containers (IBC) Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Halma, Honeywell, Johnson Controls, Siemens, United Technologies, Robert Bosch GmbH, Emerson Electric Co, MSA Advanced Detection, General Monitors and Tyco International PLC and others.
Flame Detector Market is segmented based on the Product , applications, End users, companies and regions.
Global Flame Detector Market, by Product
Global Flame Detector Market, by Industry
Global Flame Detector Market, by Service
North America leads the flame detector market due to the growing industrialization and increasing adoption rate of flame detectors across various manufacturing factories and the oil and gas sector in the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2022 to 2027 owing to increased construction activities as well as the rapid development in this particular region. China is the leading contributor to the Asia Pacific market due to its technological advancement in the field of flame detectors. India, Japan, South Korea and Taiwan follow China in terms of market share in Asia Pacific. The U.S. is dominated the market or flame detectors, followed by Canada and Mexico in previous year.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.7% during the review period (2022 to 2027). |
By Product |
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By Service |
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By Companies | Halma, Honeywell, Johnson Controls, Siemens, United Technologies, Robert Bosch GmbH, Emerson Electric Co, MSA Advanced Detection, General Monitors and Tyco International PLC |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 124 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Flame Detector Market is studied from 2017 - 2027.
What is the growth rate of Flame Detector Market?
The Flame Detector Market is growing at a CAGR of 4.7% over the next 5 years.
Who are the leading key players in Flame Detector Market?
Halma, Honeywell, Johnson Controls, Siemens, United Technologies, Robert Bosch GmbH, Emerson Electric Co, MSA Advanced Detection, General Monitors and Tyco International PLC
What regions regions does this Flame Detector Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant Product of Flame Detector Market?
Single IR, Single UV, Dual IR or UV, Multi IR, Others
What are the significant Service of Flame Detector Market?
Support & Maintenance, Managed Services, Engineering Services, Others
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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