Flame Detectors Market Size to Reach USD 2690 Million by 2021 with Leading Key Market Players - Siemens, Honeywell, Johnson Controls, Emerson Electric Co., General Monitors, Tyco, Bosch, Det-Tronics, Simtronics ASA, and United Technologies Corporation

Flame Detectors Market Size and Growth Rate:

According to the Research Report, the Global Flame Detectors Market Size was valued at USD 2030 million in 2016 and projected to reach USD 2690 million by 2021 growing at a CAGR of 6.30% during the forecast period 2016 to 2021.

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Flame Detectors Market Overview:

Flame detectors are designed to detect and react to the presence of smoke, fire or flame. They detect the unique optical characteristics of the flames. They offer a wide range of responses, including the alarm system, the activation of the fire suppression system and the deactivation of a fuel line. They have been developed to operate in the most difficult environmental conditions while they are connected to alarm systems or fire extinguishing systems. Flame detectors are designed to react faster and more accurately than traditional smoke and heat detectors. In addition, sensors and fire detectors installed in commercial buildings provide greater security and are very affordable.

Flame Detectors Market Growth Drivers and Restraints:

The increasing use of flame detectors in various industries such as oil and gas, manufacturing, energy and electricity is the key factor in the global market of flame detectors. In addition, government regulations to improve safety in the workplace should strengthen the global flame detector market. This has led to an increase in the number of flame detectors installed in various companies, and factories, leading to the growth of the global market. However, the high installation and maintenance costs, together with the lack of knowledge, are among the factors that hinder the growth of the market. Despite the restrictions, technological advances to obtain the latest technical and advanced features combined with government regulations and training initiatives to educate employees about safety in the workplace are likely to be the main opportunities available in the global market for flame detectors.

Geographical Insights of the Flame Detectors Market:

From the geographical perspective, the Asia-Pacific region is expected to dominate the market in terms of revenue, followed by Europe. Due to its technological advances in the field of flame detectors, China is a major contributor in Asia-Pacific, followed by countries such as India, Japan, South Korea and Taiwan. In Europe, Germany, the United Kingdom, Italy and France occupy leadership positions. The market in the Middle East and Latin America is dominated by countries such as the United Arab Emirates, South Africa and Brazil, due to its growing industrialization and the growing deployment of flame detectors in the United States manufacturing plants and the oil and gas sectors. However, the global flame detector market is dominated by North America, which is driven by the United States, followed by Canada and Mexico.

Key Players of the Flame Detectors Market:

Siemens, Honeywell, Johnson Controls, Emerson Electric Co., General Monitors, Tyco, Bosch, Det-Tronics, Simtronics ASA, and United Technologies Corporation are the major players of the market.

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Flame Detectors Market Key Segmentation:

By Product:

• UV Flame Detectors Product Introduction
• IR Flame Detectors Product Introduction
• UV & IR Flame Detectors Product Introduction

By Industry:

• Manufacturing Clients
• Oil and Gas Clients
• Mining Clients
• Buildings and Public Place Clients

By Cost of Production Analysis:

• Raw Material Cost Analysis
• Technology Cost Analysis
• Labor Cost Analysis

By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

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