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Global Flare Monitoring Market: Full in-Depth Analysis by Latest Trend, Share, Size, Application, Growth and Forecast to 2024

Global Flare Monitoring Market By Mounting Method (In-Process{ mass spectrometers, gas chromatographs, gas analyzers}, Remote{ thermal (IR) imagers and multi spectrum infrared (MSIR) imagers }), By Industry (Onshore Oil & Gas Production Sites, Refineries, Petrochemical, Landfills), By Geography (North America, Europe, Asia Pacific, South America, Middle East & Africa)– Industry Trends and Forecast to 2025


Pune, India -- (SBWIRE) -- 03/21/2018 -- Global Flare Monitoring Market is expected to reach USD 1260.2 million by 2025, from USD 762.8 million in 2017, growing at a CAGR of 9.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2018 to 2025.

Report Consists of:

No of pages: 350

No of Figures: 60

No of Tables: 220

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Major Market Competitors/Players:

- Siemens Ltd.,

- ABB,

- FLIR Systems Inc.

- Thermo Fisher Scientific Inc.

- Honeywell International Inc.,

- Emerson Electric Co. ,

- Inc.,

- Zeeco Inc.,

- MKS Instruments,

- LumaSense Technologies Inc.,

- Fluenta Inc.,

- Endress+Hauser Management AG,

- Williamson Corporation ,


- LLC,

- HERNIS Scan Systems AS.,

- Providence Holding Inc.,

- Galvanic Applied Sciences Inc.,

- Powertrol Inc.,

- TKH Security Solutions.

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Market Definition:

This market report defines the market trends and forecast the upcoming opportunities and threats of the flare monitoring market in the next 8 years. Flare monitoring system is comprised of Smokeless flares, which burn flammable hazardous vent gases to prevent the formation of smoke. Excessive injection of steam reduces combustion efficiency, which results in the release of hazardous VOC gasses. Whereas, inadequate supply of air or steam results in the formation of undesirable dust and smoke. Flare stacks are required for the continuous monitoring, and to check presence of a flame to ensure that proper combustion is taking place. Various regulations are formulated for flare monitoring system. For instance, According to ISA, new regulations will require flare operating limits and a flare management plan (FMP) and continuous parameter monitoring system (CPMS) plan. These new regulations will cover pilot flame monitoring and visible emissions.

Competitive Analysis:

The global flare monitoring market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flare monitoring market for global, Europe, North America, Asia pacific and South America.

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Major Market Drivers & Restraints:

- Strict local and global environmental regulations increased the need for controlling waste gas combustion parameters.

- Ease of using direct flare monitoring systems.

- Oil & gas and petrochemical industries are evolved.

- Switch towards eliminating flaring.

Market Segmentation:

The global flare monitoring market is segmented into mounting method, industry and by geography.

Based on mounting method, the global flare monitoring market is segmented into in-process and remote. The in-process is further sub-segmented into mass spectrometers, gas chromatographs, gas analyzers, flowmeters, calorimeters and remote is further sub-segmented into thermal (IR) imagers and multi spectrum infrared (MSIR) imagers and others.

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On the basis of industry, the global flare monitoring market is classified into onshore oil & gas production sites, refineries, petrochemical, landfills and others. Others are further sub-segmented into offshore and metal and steel production.

Based on geography, the global flare monitoring market report covers data points for 28 countries across multiple geographies namely north America & south America, Europe, Asia-pacific and, middle east & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, turkey, Russia, china, India, south Korea, japan, Australia, Singapore, Saudi Arabia, south Africa and, brazil among others.

Research Methodology:

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

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