openPR Logo
Press release

Global Flame Detectors Market share forecast to grow at 6% CAGR from 2016 to 2024

04-26-2017 08:59 AM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights, Inc.

Global Market Insights, Inc.

Global Market Insights, Inc.

Regional analysis flame detectors market says “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.”

The industry is characterized by the stringent regulatory norms across developed and developing economies. Continuous efforts across numerous business ventures in order to provide employees with safe and secure working environment will drive flame detectors market size through 2024.

Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/774

These devices aid in early fire detection by efficiently detecting smoke, fire and flame in the surrounding. They exhibit flawless capability of detecting radiations from the flames and generate alert signals, and are produced to effectively operate even in extreme conditions. Responses to a detected flame includes buzzing of an alarm, fuel line deactivation (such as natural gas and propane line), and activation of a fire suppression system.

Escalating adoption across diverse industry sectors such as oil and gas, manufacturing, energy and power is anticipated to offer massive growth potential from 2016 to 2024. Increasing industry participants focus of R&D in order to develop technically advanced products will positively impact flame detectors market size through 2024.

These devices require expensive raw material which in turn is likely to increase product prices. High installation cost may hamper the product demand. In addition, substantial maintenance may negatively impact growth over the forecast timeline. However, training initiatives in by various organizations regarding safety at workplace could create massive opportunities.

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.

Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/774

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.

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 in order for manufacturers to maintain competitive edge. Industry players focus on expanding their presence into emerging markets such as Asia and Africa.

Growing focus on developing improvised products with attributes such as robust, easy to install and fast response rate with wide angle detection capability will catalyze the industry demand from 2016 to 2024.

Browse Related Reports:

• Gas Sensors Market Size By Technology (Electrochemical, Semiconductor, PID, Solid State, Catalytic, Infrared), By Product (Oxygen, Carbon Dioxide, NOx, Carbon Monoxide), By End-Use (Medical, Environmental, Petrochemical, Building Automation & Domestic Appliances, Automotive, Industrial), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2015 – 2022

https://www.gminsights.com/industry-analysis/gas-sensors-market-size

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Flame Detectors Market share forecast to grow at 6% CAGR from 2016 to 2024 here

News-ID: 515269 • Views: 353

More Releases from Global Market Insights, Inc.

Robotic Prosthesis Market Dynamics, Forecast, Analysis and Supply Demand 2019-20 …
Robotic prosthesis market size is expected to grow significantly from 2019 to 2025. Robotic prosthesis market is primarily driven by growing demand for prosthetic implants owing to due to rise in number of accidents, severe injuries, tumors as well as congenital anomalies. Growing investments in R&D to integrate intelligent mechatronics, advanced sensing and control for attaining higher order lost sensorimotor functions, have enabled introduction of advanced technology within the devices
Anal Fistula Surgical Treatment Market Growth, Opportunities, Industry Applicati …
Anal fistula surgical treatment size is expected to grow significantly from 2019 to 2025. The anal fistula surgical treatment market is projected to witness lucrative growth over the coming years due to the increasing prevalence of inflammatory bowel diseases. Inflammatory bowel disease (IBD) is a chronic inflammatory disorder of the gastrointestinal (GI) tract that includes both ulcerative colitis and crohn disease. Some of the symptoms of inflammatory bowel diseases are
Healthcare Fabrics Market Outlook 2019 - Growth Drivers, Opportunities and Forec …
Healthcare fabrics market size is expected to grow significantly from 2019 to 2025. The healthcare fabrics market is estimated to witness lucrative growth over the coming years owing to increasing consumer awareness regarding the usage of hygiene products along with the improved quality of healthcare fabrics. The fabrics play a vital role in the healthcare textile industry as they are used in various medical applications. With the changing lifestyle, personal
Veterinary Equipment and Disposables Market Growth, Opportunities, Industry Appl …
Veterinary Equipment and Disposables Market size is projected to experience significant growth from 2019 to 2025. The veterinary equipment and disposables market is estimated to witness considerable growth over the forth coming years. These equipments and disposables are intended for diagnosis, monitoring and treatment of various health conditions associated with animals. High growth is attributable to increasing prevalence of zoonotic diseases coupled with rising trend of pet adoption in both

All 5 Releases


More Releases for IR3

Fire Protection System Market to Grow with a Significant Rate Outlining Honeywel …
The best players of the Fire Protection System market are in control due to their purposive moves like item dispatches, investigates, joint wanders, mergers, and acquisitions. The Fire Protection System showcase is sectioned in item, application, end-user and locale. The SWOT investigation and Porter’s Five Strengths for the Market given in this report abridges you with respect to the drivers and limitations of the showcase whereas moreover giving you information
Flame Detector Market 2016-2026 by Segmentation: Based on Product, Application a …
Flame is defined as an extreme increased in the energy which can be mechanical or nuclear in an uncontrolled amount result in increase in the temperature and evacuation of gases. Flame detectors are being installed for security purposes. It can indicate about fire or flame generated which can be because of explosion, or any kind of accident. There are so many sources responsible for the explosions some of them are
Global Flame Detectors Industry to grow at 6% CAGR from 2016 to 2024
Regional analysis flame detectors market says “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
Fire Protection Systems Market Size, Type (fire alarm, fire sprinkler, fire supp …
Visit: https://www.progressivemarkets.com/industry-research/fire-protection-systems-market The global fire protection systems market is segmented based on technology, products, services, application, and geography. Based on technology, the market is divided into active and passive fire protection systems. On the basis of products, the market is categorized into fire detection systems, fire management systems, fire analysis software, fire response systems, and others. (fire protection industry trends) By service, it is classified into engineering services, installation &
Fire Protection Systems Market Service, System, Trends, Global Size and Industry …
Fire protection systems are used for detecting and extinguishing fire. This system has become a necessity in residential, commercial, and various industries, such as oil & gas, energy & power, transportation, and manufacturing industries to help control damage and loss to equipment. Fire protection systems consist of fire or smoke sensors & detectors, fire extinguishers, fire sprinklers, fire analysis software, fire response systems, and others, which help in responding quickly
Flame Detectors Market size to exceed USD 3 billion by 2024
Flame Detectors Market size is estimated to grow at over 6% CAGR from 2016 to 2024, and is predicted to be valued over USD 3 billion by 2024. The industry is characterized by the stringent regulatory norms across developed and developing economies. Continuous efforts across numerous business ventures in order to provide employees with safe and secure working environment will drive flame detectors market size through 2024. These devices aid in early