Future Market Insights has announced the addition of the “Flame Detector Market: Global Industry Analysis and Opportunity Assessment 2016-2026" report to their offering.
Valley Cottage, NY -- (SBWIRE) -- 06/22/2018 -- Flame is defined as an extreme increased in the energy which can be mechanical or nuclear in an uncontrolled amount result in increase in the temperature and evacuation of gases. Flame detectors are being installed for security purposes. It can indicate about fire or flame generated which can be because of explosion, or any kind of accident. There are so many sources responsible for the explosions some of them are increased pressure, nuclear reactions, leakage of gases, dust and others. In order to prevent the loss because of explosions or fire, several types of prevention measurements are being taken in to account and the most important is the fire indicator or flame detector. A flame detector is an indicator or sensor, which is designed to detect and indicate the presence of fire or flame and its response is dependent over its installation and manufacturing technology. Flame detectors come out with different features like sounding an alarm to indicate up to a certain distance, having self-control ability to deactivate fuel lines when observe some danger and activate a fire suppression system. A flame detector detects and indicate the fire or flame more quickly and accurately than a smoke or heat detector because of the mechanism being used to manufacture it. Today flame detector are used in almost all industries for the protection of financial as well as lives.
The global flame detector market is expected to grow with the healthier rate during the forecasting period.
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Flame Detector: Market Dynamics
For last some years flame detector manufacturers has been coming out with latest technology and with more advanced features as more immunity towards false alarm, which are becoming the new trends for the market of global flame detector market. The key growth drivers of global flame detector market are increased adoption of flame detector s in oil & gas industries, exploration of new mining sites which increases the need for flame detector s there, drastic rising demand of flame detector s in automation sector, the newly formed safety regulations for hazardous areas are getting more stiffer & the need of comprehensive flame detector solutions across diverse sectors are some of the growth drivers responsible for the growth of global flame detector market. On the other hand staggering of mineral and mining industries globally & high implementation and maintenance cost of flame detector s are becoming the key restraints for the global flame detector market.
Flame Detector: Segmentation
Segmentation of global flame detector market are segmented on the basis of product type, service, verticals & Geography. On the basis of product type, global flame detector market is segmented as; single IR, dual UV/IR, single UV, triple IR (IR3), multi IR. Among all the above segments, multi IR is the advanced and is expected to be the major segment during forecast period. By service type, global flame detector market is segmented into following segments; Engineering services, installation & design services, maintenance service, inspection and managed services.
On the basis of verticals, global flame detector market is segmented as Oil and Gas industry, automotive, consumer goods and retail, healthcare, energy and power, manufacturing, transportation and logistics, aerospace and defense and others.
Geographically, Flame detector is segmented into seven regions which are ; North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East and Africa (MEA). Among all the regions North America is the highest contributor in term of revenue in global flame detector market and is expected to retain its position during forecast period.
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Flame Detector: Key Players
The key players of global flame detector market are Emerson Electric Co., Honeywell International, Inc., Robert Bosch GmbH, Simtronics ASA, Tyco, Det-Tronics, Johnson Controls, Micropack Engineering Ltd. & others.