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Flame Detector Market Detailed Analysis 2020-2026: Halma, Honeywell, Johnson Controls, Siemens, United Technologies, Emerson Electric and Others.

08-05-2020 06:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

A fresh report titled “Flame Detector Market” has been presented by ReportsnReports. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market.

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The Flame Detector Market size is expected to grow from USD 1.6 Billion in 2020 to USD 2.0 Billion by 2026; it is expected to grow at a CAGR of 4.2% from 2020 to 2026.

Top Companies Profiled in the Flame Detector Market:
• Halma (UK)
• Honeywell (US)
• Johnson Controls (Ireland)
• Siemens (Germany)
• United Technologies (US)
• Emerson Electric (US)
• Hochiki (Japan)
• MSA (US)
• Robert Bosch (Germany)
• Micropack Engineering (Scotland)
• Minimax Viking (Germany)
• Spectrex (US)
• Ciquirix (UK)
• Electro Optical Components (US)
• Fike Corporation (US)
• Fire & Gas Detection Technologies (US)
• Optris Infrared Sensing (US)
• Rezontech (South Korea)
• Sense-WARE (US)
• Teledyne Technologies (US)
• Trace Automation (India)
• VFP Fire Systems (US)

The single UV segment is expected to continue to hold the largest market size during the forecast period. The growth of this segment can be attributed to the demand for flame detectors in oil & gas, chemicals, and energy & power industries. These detectors are best suited for locations in which hydrogen and hydrocarbon gases are used.

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The oil & gas industry is expected to hold the largest market size during the forecast period.In the oil & gas industry, the deployment of flammable and combustible materials is carried out, which includes petroleum, crude oil, flammable gases (such as butane), coal, and many others; these are combustible and thereby, to avoid fire, advanced flame detector systems are installed.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 = 40%, Tier 2 = 35%, and Tier 3 = 20%
• By Designation: C-Level Executives = 48%, Directors= 33%, and Others= 19%
• By Region: North America = 35%, Europe = 18%, APAC = 40%, and RoW= 7%

Competitive Landscape of Flame Detector Market:
1 Overview
2 Market Share Analysis For Flame Detector Market
3 Competitive Leadership Mapping
3.1 Visionaries
3.2 Dynamic Differentiators
3.3 Innovators
3.4 Emerging Companies
4 Competitive Situations & Trends
4.1 Product Launches
4.2 Acquisitions
4.3 Collaborations
4.4 Expansions

Research Coverage:
The research report on the global flame detector market covers the market based on product, industry, and region. Based on product, the market has been segmented into single UV, single IR, Dual UV/IR, triple IR, and multi IR.Based on industry, the flame detector market has been segmented into oil & gas, energy & power, chemicals, aerospace & defense, logistics, mining, automotive, pharmaceuticals, marine, and other industries.

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