Flame Detector Market Size - Industry Trends by 2024-2030

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.

Flame detection is a risk avoidance and management practice which helps to reduce and avoid the risk of fire in public and private infrastructure. It involves the combined efforts of federal custodians and tenants, private building owners, and local fire service agencies.

The flame detector companies are 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.

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=213130921

Single UV flame detector to have the highest market share during the forecast period

The market for single UV flame detectors in expected to have the highest market share over the forecast period. This is due to the high demand from the oil and gas and energy and power industries or this detector. These are the preferred general purpose flame detectors as all fires emit UV radiations. The cost of UV flame detectors is also lower compared to the newer dual UV/IR or triple IR flame detectors. Additionally, the supply of single UV flame detectors is higher compared to the other new flame detectors and they are easily available to the consumers.

Pharmaceutical industry to observe the fastest growth rate during the forecast period

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.

Europe to hold the second largest market during the forecast period

Europe is expected to hold the second largest market share during the forecast period. The technology adoption in the flame detector market is the highest in the European region. Europe is an organized market with the presence of all the stakeholders within the flame detector value chain. The strict policies, regulations and laws implemented in the European region also drive the high demand for flame detectors in the region. The small and medium sized companies are rapidly growing in the European region.