Flame Detector Market worth $2.1 billion by 2027 - PowerPoint PPT Presentation

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Flame Detector Market worth $2.1 billion by 2027

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The Flame detector market size is expected to grow from USD 1.7 billion in 2022 to USD 2.1 billion by 2027, at a CAGR of 5.0% during the forecasted period, according to a new report by MarketsandMarkets™. The major drivers for the growth of flame detector market include growing adoption of flame detectors across major industries such as oil and gas, energy and power, pharmaceuticals, and automotive. – PowerPoint PPT presentation

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Title: Flame Detector Market worth $2.1 billion by 2027


1
MarketsandMarkets Presents

Flame Detector Market worth 2.1 billion by
2027 Flame Detector Market by Product (Single
UV, single IR, Dual UV/IR, Triple IR, Multi IR),
Connectivity, Industry (Oil Gas, Energy
Power, Pharmaceuticals, Chemicals, Aerospace
Defense, Marine, Logistics, Automotive)
Region-Global Forecast to 2027 https//www.market
sandmarkets.com/Market-Reports/flame-detector-mark
et-213130921.html
2
The Flame detector market size is expected to
grow from USD 1.7 billion in 2022 to USD 2.1
billion by 2027, at a CAGR of 5.0 during the
forecasted period, according to a new report by
MarketsandMarkets. The major drivers for the
growth of flame detector market include growing
adoption of flame detectors across major
industries such as oil and gas, energy and power,
pharmaceuticals, and automotive among others,
technology improvement in the flame detectors,
and implementation of policies, regulations, and
government initiatives. Browse in-depth TOC
on "Flame Detector Market" 134 Tables64
Figures249 Pages
3
UV/IR flame detector to witness the highest
growth rate during the forecast period. The UV/IR
flame detector is expected to witness the highest
growth rate during the forecast period due to the
high reliability of the detectors. The UV/Ir
flame detectors can detect flame in both UV and
IR spectrums and offer minimum false alarms. The
UV/IR flame detector have been present in the
market for significant time and they are trusted
by the consumers. Additionally, implementing
UV/IR flame detectors reduces the operations cost
as compared to implementing two different types
of flame detectors within a fire protection
system. This is one of the key factors driving
the demand for UV/IR flame detectors. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id213130921 Wireless flame
detectors to witness fastest growth during the
forecast period. The wireless flame detectors are
new and emerging market. Companies are still
conducting research and product development in
the wireless flame detector market. Yet, the
demand or the wireless flame detectors rom
various industries such as pharmaceuticals,
marine, logistics, and chemicals is increasing
due to the ease of implementing the wireless
flame detectors to complex locations where wiring
would be difficult. The demand for wireless flame
detectors with Wi-Fi and Bluetooth connectivity
options are being rolled out in the market. As
the wireless flame detectors are new and emerging
technology in the flame detectors market and
offering easy of operations to the operators it
is witnessing the highest growth rate during the
forecast period.
4
Pharmaceuticals is the fastest growing industry
for flame detectors. The demand for flame
detectors is rapidly growing in the
pharmaceutical industry the increasing usage of
flammable products and chemicals for testing and
manufacturing of pharmaceutical products is the
leading factor for the fastest growth rate.
Furthermore, the increasing funding into the
pharmaceutical industry post pandemic has led to
the rapid industrial expansion. This has also led
to the growth in demand for flame detectors from
the industry. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.asp?id213130921 North America is the
largest region in the flame detector
market. The North America region is the largest
market for flame detectors. US and Canada are the
key countries driving the demand or flame
detectors in North America. The region has the
presence of major flame detector manufacturers.
Some of the key players have their headquarters
in the North America region. Thus, new and
innovative flame detector products are easily
available in the region. Additionally, the region
has strict rules and regulations for to safeguard
humans lives and protect assets from fire. The
region has a robust supply chain for flame
detectors from suppliers to end users. The
growing oil and gas, energy and power and
automotive industries in the region are also key
drivers for the flame detector market.
5
Johnson Controls (Ireland), Siemens
(Germany), MSA (US), Honeywell (US), and Halma
(UK), Hochiki (Japan), Carrier Global (US),
Emerson Electric (US), Robert Bosch (Germany), Dra
eger (Germany), Teledyne Technologies (US) were
the major players in the flame detector
market. The flame detector market is dominated
by the major manufacturers such as Johnson
Controls (Ireland), Carrier Global (US),
Honeywell (US), Siemens (Germany), Halma
(UK), MSA (US), Robert Bosch (Germany), Emerson
Electric (US), Minimax Viking (Germany),
and Draeger (Germany) among others. These
companies have their manufacturing facilities
spread across various countries in Asia
Pacific, Europe, North America, South America,
and Rest of the World.
6
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions. Our 850 fulltime analyst and
SMEs at MarketsandMarkets are tracking global
high growth markets following the "Growth
Engagement Model GEM". The GEM aims at
proactive collaboration with the clients to
identify new opportunities, identify most
important customers, write "Attack, avoid and
defend" strategies, identify sources of
incremental revenues for both the company and its
competitors. MarketsandMarkets now coming up
with 1,500 MicroQuadrants (Positioning top
players across leaders, emerging companies,
innovators, strategic players) annually in high
growth emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations early to the market
by providing them research ahead of the
curve. MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of markets.
7
Contact Us
Contact Mr. Aashish Mehra MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 For More
Info https//www.marketsandmarkets.com/PressRelea
ses/flame-detector.asp
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