Flame Detectors Market by product (Single IR, UV, Dual UV/IR, Triple IR (IR3) Industry (Manufacturing, Oil and Gas, Mining, Energy and Power), and Geography - Global Forecast to 2020
Flame
Detector market is expected to reach USD
3.2 Billion by 2020, at a CAGR of 6.07% during the forecast period.
Flame
detectors have been in the market since a couple of decades and have evolved in
terms of products and services. Single IR and single UV were conventionally used
to detect radiations; however, these detectors have certain limitations which
are overcome by more effective flame detectors such as multi IR and triple IR
(IR3), which have inbuilt false alarm detection systems.
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85 tables and 71 figures spread through 173 pages and in-depth TOC on "Flame Detectors Market - Global Forecast
to 2020"
The
flame detectors market is gaining momentum and this trend is expected to
continue till 2020. Flame detectors have applications in various verticals
among which manufacturing, oil & gas, energy & power, and mining are
expected to hold the largest share during the forecast period. The application
in marine and mining industries is poised to grow rapidly at CAGR of 7.91% and
7.39% during the forecast period.
The
flame detectors market is expected to reach USD 3.2 Billion by 2020 at a CAGR
of 6.07% between 2015 and 2020. Although the market is witnessing a decent
growth due to the government mandates and regulations around the globe and
increased spending of enterprises on flame detectors, the high maintenance and
manufacturing costs are restraining the growth of the this market.
Different detectors such as
single UV, single IR, dual UV/IR, IR3 and multi IR are used currently; they
cater to many application areas across diverse industries such as
manufacturing, oil & gas, energy & power, and mining. The other
emerging industries in which flame detectors are being used and are gradually
gaining importance are printing and paper.
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The
competitive landscape section presents valuable insights related to players in
the flame detectors market. The global flame detectors market report profiles
the key players in the market, based on their revenue, product portfolio,
recent developments, and key strategies adopted for growth.
Some
of the major manufacturers of flame detectors are Honeywell International
(U.S.), Siemens AG (Germany), Johnson Controls (U.S.), General Monitors (U.S.),
Det-tronics (U.S.), Micropack (U.K.), Emerson Electric Co. (U.S.), Spectrex,
Inc. (U.S.), Simtronics ASA (Norway), United Technologies Corporation (U.S.),
Robert Bosch GmbH (Germany), and Tyco (Ireland) among others.
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