The global flame detectors market is expected to grow at a CAGR of 6.07%
between 2015 and 2020, and reach USD 3.2 Billion by 2020.
The flame
detectors market gained momentum in 2011 due to the increased spending
of enterprises on flame detectors along with the regulation and mandates of various
governments on fire prevention. There have been many noticeable changes in
flame detectors in the last few years, majorly in product types and application
areas.
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The increase in the utilization of single UV
and dual UV/ IR detectors in various application areas is majorly driving this market.
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 (U.S.) among others.
Tyco International Plc. is ranked no.1
in the global flame detectors market. Tyco provides security products and
services, fire detection and suppression products and services, and life safety
products. The company's products and services are sold under brand names Tyco,
SimplexGrinnell, Sensormatic, Wormald, Ansul, Simplex, Grinnell, Scott, and
ADT. It operates through three business segments, namely, North America
Installation & Services, Rest of the World Installation & Services, and
Global Products. Tyco International's history dates back to the 1960s when
Arthur J. Rosenburg founded Tyco, Inc. Tyco International Plc. was formed as
part of Tyco International Ltd.'s change of jurisdiction of incorporation, from
Switzerland to Ireland by merging with its subsidiary.
Honeywell International Inc. (U.S.)
held the second position in the flame detectors market in 2014. Its business
includes comprehensive verticals. The company provides fire protection products
for buildings, constructions, and maintenance. The company’s strategy is
focused on increasing its sales and operations in the overseas markets, and exploring
new markets such as China, India, the Middle East, and other high growth
regions. The company is expanding its business by new product developments,
acquisitions, and partnerships.
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United Technologies Corporation (U.S.)
ranked third in the flame detectors market. In order to avoid country- or
region-specific business risk and minimize the dependence on a single business
vertical, the company has spread its business across different regions and
sectors. It provides fire and security solutions through its climate control,
and security verticals. The company is expanding its business through strategic
joint ventures; recently, the company entered into a joint venture with Toshiba
Corp (Japan).
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MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
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