The global 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.
The growing technology implementation, rise in adoption from key industries, and the strict policies, and regulations for fire protection are the key drivers for the flame detectors.
The flame detector market is dominated by a few globally established players such as Johnson Controls (Ireland), Siemens (Germany), MSA (US), Honeywell (US), and Halma (UK), Hochiki (Japan), Carrier Global (US), Emerson Electric (US), Robert Bosch (Germany), Draeger (Germany), Teledyne Technologies (US), and Nohmi Bosai (Japan) among others.
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The pharmaceutical industry is expected to be the fastest growing market for flame detectors implementation during the forecast period. The increasing use of various chemicals and products that emit fumes along with the rigorous lab testing and research conducted in the pharmaceutical industry are driving the demand for flame detectors. The substantial investment in the pharmaceutical industry due to the pandemic has allowed the pharmaceutical industry to expand and this has also driven the demand for flame detectors.
Commercial real estate is one of the areas that has bounced back well since the initial impact of the pandemic. The pandemic has accelerated the shift from offline, in-store retail to online, e-commerce logistics, driving the demand for warehouse- and logistics-focused properties. It is observed that globally the development of logistics, industrial, and warehouse spaces has increased in the last three years and is estimated to continue for the next few years. Currently, some core markets such as warehouse/distribution, manufacturing, and technology are experiencing an industrial space crunch leading to increasing demand and growth in commercial real estate.
The introduction of new equipment and the transition to alternative fuels bring significant challenges for optical flame detection. Hydrogen is seen by industry leaders as a way to reduce society’s dependence on fossil fuels. Many natural gas distribution companies are exploring the possibility of introducing hydrogen into gas streams. Although the transition to a non-carbon-based gas network is distant, the shift toward the goal has started. This shift can affect fire safety products used within the distribution network. IR flame detectors are significantly used for natural gas fires.
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