According to a new market research report “Flame Detectors Market by product (Single IR, UV, Dual UV/IR, Triple IR (IR3), Multi IR), Service (Engineering, Installation & Design, Maintenance), Industry (Manufacturing, Oil and Gas, Mining, Energy and Power), and Geography - Global Forecast to 2020”, the total market is expected to reach USD 3.2 Billion by 2020, at a CAGR of 6.07% during the forecast period.

Ask for PDF:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=213130921

Flame detectors are being preferred by companies due to their application in various sectors ranging from healthcare to military to government. High-quality products are being developed which can detect radiations emitted through a fire over a long distance.

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.

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.

The global flame detectors market report describes the market trends, drivers, and challenges for the growth of this market along with market size estimations till 2020. It segments the said market on the basis of product, service, industry and geography. This report provides a bird’s eye-view of the said market across regions– North America, Europe, Asia-Pacific, and RoW (Rest of the World). North America is the largest market for flame detectors and is expected to retain its position till 2020, with the U.S. holding a large market share. Europe (Germany and the U.K.) and APAC (South Korea and Japan) are also promising markets expected to witness rapid growth.

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.

Get 10% Free Customization:
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=213130921

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.

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/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s 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 niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]