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Flame Detectors market size is estimated to be worth US$ 2688 million in 2022 and is forecast to a readjusted size of US$ 3671.4 million by 2029 with a CAGR of 4.5% - Valuates Reports
Due to the COVID-19 pandemic, the global Flame Detectors market size is estimated to be worth US$ 2688 million in 2022 and is forecast to a readjusted size of US$ 3671.4 million by 2029 with a CAGR of 4.5% during the forecast period 2023-2029.Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-23J356/Global_Flame_Detectors_Market_Research_Report_2020
Fully considering the economic change by this health crisis, UV Flame Detectors accounting for % of the Flame Detectors global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029.
While Manufacturing segment is altered to an % CAGR throughout this forecast period.
A flame detector is a sensor designed to detect and respond to the presence of a flame or fire. Responses to a detected flame depend on the installation, but can include sounding an alarm, deactivating a fuel line (such as a propane or a natural gas line), and activating a fire suppression system.
Flame Detectors Market Analysis and Insights
Global Flame Detectors key players include Honeywell International, Tyco, United Technologies Corporation, MSA, Emerson Electric, etc. Global top five manufacturers hold a share over 55%.
North America is the largest market, with a share over 35%, followed by EU and Asia, both have a share over 50%.
In terms of product, IR Flame Detectors is the largest segment, with a share over 45%. And in terms of application, the largest application is Manufacturing, followed by Oil&Gas, Mining, etc.
Flame Detectors Market Scope and Market Size
The global Flame Detectors market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Flame Detectors market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Flame Detectors Market Segment By Type
UV Flame Detectors
IR Flame Detectors
UV & IR Flame Detectors
Others
Flame Detectors Market Segment By Application
Manufacturing
Oil and Gas
Mining
Buildings and Public Place
Others
Get Detailed Report - https://reports.valuates.com/market-reports/QYRE-Auto-23J356/global-flame-detectors
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