Increasing Growth towards Developing Smart Flame Detection Systems and Stringent Government Fire Safety Related Regulations/Standards is Anticipated to Boost the Flame Detector Market During The Forecast Period 2021-2026. Flame Detector Market Size is forecast to reach $3,125.6 million by 2026, at a CAGR of 6.9% during 2021-2026. 

With the growth of market competition of various fire detection products, intelligent solutions which are capable of optimizing false alarm rejection capability along with improving response speeds of flame ignition have emerged as a major factor boosting the market growth towards smart flame detectors. In addition, mandatory compliance to stringent fire safety norms/set standards of the government bodies to ensure workplace safety majorly within industries like oil & gas, chemical production plants, mining, and so on also attribute towards the market growth. Moreover, rapid rise of infrastructural activities of process industries like oil & gas pipelines or refineries, chemical production plants, and so on, majorly across the Asia-Pacific region is analyzed to further create new opportunities towards the demand for flame detectors during the forecast period.

Major industry verticals having gas or vapour explosive environments like chemicals, oil & gas with others create need for mandatory installation of fire protection systems in order to avoid life or property threats. In addition, the explosive dust environment across textiles, mining, paper & pulp and so on are also prone to fire hazards owing to generation of combustive wastes or dusts during various production operations, making deployment of flame detectors highly essential. In 2021, Colonial Chemical announced about its $13.8 million project, as a part of expanding its New Hope facility, located in Tennessee, U.S. This expansion will be meant to renovate the existing warehouse facility along with construction of an R & D laboratory, tank farm and employee facility, expected to be completed by 2025. In 2021, UP Power Corporation Ltd., a state run utility company had revealed about the plans which are underway for increasing power generation capacity of the state, through addition of fresh thermal power generation capacity of 8,262 MW by May 2022. Additionally, government spending on oil & gas exploration, production and refinery projects across various countries including China, India, and so on will further drive the need for flame detectors with smart sensing capabilities. In 2019, the Indian Government announced about its plans of investing about $58 million in oil or gas exploration and production by 2023, along with $60 billion towards establishment of natural gas infrastructure including pipelines, import terminals and others by 2024. Since the need for equipment/devices with faster flame detection, high sensitivity, less power consumption and others are significantly rising to improve the safety standards along such explosive environments, such future projects is set to poise the market growth in the near future.

APAC region is analyzed to have the highest growth in the global flame detector market during the forecast period 2021-2026, due to factors like high investments towards industrial growth of major sectors including oil & gas, chemicals, power plants across various countries like China, India and many others. Rapid rise of manufacturing industries along with technological advancements towards fire detection systems can further propel the market growth of flame detectors within the region. Stringent compliance towards governmental fire safety regulatory norms within the countries had been also helped in boosting the growth of varied types of flame detection equipments. In 2019, the National Development and Reform Commission had revealed about its plans of approving the establishment of a national oil and gas pipeline network company in China, as a move to spur the growth of oil & gas sector. In 2021, the Myanmar Investment Commission had approved an investment of about $2.8 billion for several new projects, including $2.5 billion for construction of liquefied natural gas (LNG) power plant within the country. Due to the hazardous environments contributing to fire hazards, such construction projects will eventually drive the need for flame detectors during the later stages of forecast period.

Talk to one of our sales representative about the full report by providing your details in the link below:

Flame Detector Market Growth Drivers:

Growing establishment of infrastructures related to process industries including chemicals, oil/gas processing and others

Growing establishment of infrastructures related to process industries including chemicals, oil/gas processing and others can be considered as one of the major drivers impacting the growth of flame detectors market. Conducting industrial operations be it oil drilling, offshore, oil refineries, loading and unloading of materials, storage of volatile compounds along with many others involve the use of a broad range of hazardous substances including flammables, combustibles, reactive materials, volatile compounds or fluids and so on which eventually create the need for reliable as well as efficient flame detectors to avoid severe hazards. Moreover, in compliance to regulatory policies or standards set by governments these industries need to mandatorily include the installation of various equipments for early fire detection to optimize workplace safety.In May 2019, ExxonMobil Corp. had revealed about its plans of investing about $2 billion as a part of expanding its Baytown Chemical plant, scheduled to start operating in 2022. This expansion will be meant to help the company retain its position for maximizing value of increased Permian basin production alongside offering production of high-value products within its Gulf Coast refining and chemical facilities, eventually impacting the need for fire safety systems owing to production of highly flammable chemicals during the forecast period 2021-2026.

The Major Players in this Market Include

Major players in Flame Detector market include Honeywell International Inc., Johnson Controls International plc, United Technologies, MSA Safety Incorporated, Emerson Electric Co., Hochiki Corporation, 3M Gas & Flame Detection, Robert Bosch GmbH, Halma plc, Siemens AG among others.  In May 2019, MSA Safety Inc. announced about entering into a definitive agreement for acquiring Sierra Monitor Corp, with the deal valued under approximately $33 million. This acquisition was meant to enhance its strategy towards improving worker safety utilizing cloud technology and wireless connectivity for its flame or gas detection products.

To request for a quote, provide your details in the below link:

Media Contact:
Mr. Venkat Reddy
Sales Manager
Contact Sales: +1-970-236-3677

About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.