Flame Detectors Market size to exceed USD 3 billion by 2024 Flame Detectors Market size to exceed USD 3 billio | Page 2
On the basis of the product, the flame detectors market share can be
segregated into single IR, single UV, dual IR/UV, Multi IR, visible sensors,
triple IR (IR3) and multi IR. IR3 or Triple IR types may experience potential
growth prospects owing to its high range detection capability when
compared to others such as single IR. UV detectors are expected to find
in prominence in indoor applications due to its high precision for detecting
organic as well as inorganic flames. These devices function well when
exposed to sunlight and are ideal for indoor applications. Furthermore,
advent of technically advanced products such as multi IR and triple IR
(IR3) are forecast to witness tremendous growth prospects owing to inbuilt
false alarm detection systems.
Based on end-use, the industry can be bifurcated into energy and power,
consumer goods and retail, government, manufacturing, healthcare, oil &
gas, aerospace & defense, transportation & logistics, mining, automotive,
marine, etc. On the basis of service, it can be categorized into inspection
and managed services, engineering services, installation & design
services, and maintenance services.
UV or IR flame detectors are widely implemented in numerous
applications such as in gas-fueled cookers, industrial heating and drying
systems, industrial gas turbines, hydrogen stations, domestic heating
stations. In addition, other applications include MDF factories, fume
cupboards, coal handling, felt manufacture, nuclear industry, waste
handling, pharmaceuticals, agriculture, metal fabrication, power lands and
power plants, printing, spray booths, tunnels, aircraft hangars, clothing
dryers and high voltage equipment.
U.S. flame detectors market share is forecast to witness considerable
growth over the forecast timeline. This is mainly on account of presence
of large number of industries across the region. Asia Pacific flame
detectors market is likely to exhibit substantial growth prospects owing to
rising adoption of these products across the region. Growth in the region
can be attributed to increasing awareness regarding safety and security
offered by these devices.
Major manufacturers in flame detectors market include Honeywell,
Siemens, General Monitors, Johnson Controls. Other prominent partners
are Emerson, Det-tronics, Electric, Micropack, Spectrex, Simtronics ASA,
United Technologies Corporation, Tyco, and Bosch. The industry has
witnessed frequent mergers & acquisitions and new product development
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