The Flame Detector Market is forecast to reach $1.57 billion by 2023, growing at a CAGR of 4.34% in the period 2019-2023. Growth of the flame detector market is mainly attributed to rising usage of flame detectors in oil refineries and turbines, in order to avoid any untoward fire incidents and to safeguard the workplace, workers and equipment. Rising awareness regarding safety of the workplace and stringent governmental norms regarding explosions and fire safety has resulted in increased adoption of flame detectors in the oil and gas and chemical industries. Regulatory authorities such as the Occupational Safety and Health Administration (OSHA) in the U.S. and the International Electrochemical Commission (IEC) are increasingly emphasizing on industrial safety, which is propelling growth for the flame detector market.
Flame Detector Market Report Coverage
The report: “Flame Detector Market – Forecast (2019-2023)”, by IndustryARC, covers an in-depth analysis of the following segments of the Flame Detector Market.
By Type: UV flame detectors, IR flame detectors, IR/UV flame detectors, Flame rods/flame sensing rods, Others
By Application: Oil and Gas, Chemical, Others
By Geography: North America, South America, Europe, APAC, RoW.
Key Takeaways
- The flame detector market has been analyzed to be fragmented, with key players accounting for around 36.94% of the market in 2018. Major players in the flame detector market include Johnson Controls, Siemens AG, Robert Bosch GmbH, Tyco, General Monitors, Simtronics ASA, and Emerson Electric Co.
- The major driving factor for the flame detector market is adoption of new rules and regulations to ensure safety of employees and to safeguard infrastructure in the oil and gas and chemical industries, which are more prone to fire accidents and thus, require enhanced safety measures.
- IR flame detectors are being majorly deployed in the oil and gas industry, owing to their ability to detect flames faster, and their proven functionality in harsh environmental conditions. This has driven demand for IR flame detectors, which are the largest segment type with a share of 33%.
- The Middle East region is poised to contribute the largest share, accounting to 31%, to the flame detector market owing to the presence of a large number of oil and gas companies in the country.
Flame Detector Market Segment Analysis - By Type
In 2019, IR flame detectors earned revenue amounting to $449.67m, which constituted a share of 33.93% in the flame detector market. Technologically improved IR flame detectors offer several advantages such as faster detection of fuel, higher immunity to false alarms in case of gas ignition outburst, which will further augment growth of the market. Multi IR hydrogen flame detectors have the ability to not only detect flames faster, but also operate in harsh environmental conditions. Since most oil rigs are located in regions with extreme climatic conditions, where malfunctioning of normal flame detectors is known to occur, multi IR hydrogen flame detectors are growing in popularity within this industry.
IR-S type flame detectors are another type of specialized detectors used in coal mines which offer higher detection sensitivity in a dynamic range in low-luminance conditions.
Flame Detector Market Segment Analysis - By Application
Application in oil and gas industry is one of the biggest growth factors for the flame detector market, and the industry holds a major market share globally. The oil and gas flame detector market is poised to grow at a CAGR of 2.95% in the forecast period. In oil refineries, flame detection is a crucial task to avoid accidents. Oil refineries have many ongoing processes such as crude desalting, thermal cracking, hydrogen generation, and others which generate a high amount of radiation and may lead to fire hazards. Thus, high adoption of flame detectors in these processes drive the market.
Flame Detector Market Segment Analysis - By Geography
RoW region is growing at the highest CAGR of 4.74% in the flame detector market during the forecast period. The Middle East is one of the regions with the highest number of oil rigs, which increased from 390 to 396 during 2016-2018, which is a 1.01% increase in the number of oil rigs. Oil rigs uses flame detector to ensure the safety of workers and equipment in the workplace. Due to operations in harsh environmental conditions, oil rigs require technologically advanced flame detectors, which can bear environmental stress. Hence, increase in the number of oil rigs is set to drive growth of the flame detector market.
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