Flame Detector Industry Assessment of $2 Billion, 2026: Slow Oil and Gas and Automotive Industries In COVID-19 Hampers Growth

Dublin, August 19, 2020 (GLOBE NEWSWIRE) – The “COVID-19 Impact Flame Detector Market, through Products (Single UC, Single IR, Dual UV/IR, Triple IR, Multiple IR), Industry (Oil & Gas, Energy – Chemicals, Aerospace – Defense, Logistics) and Region – Global Forecast for 2026” has been added to the ResearchAndMarkets.com offering.

The global flame detector market valued at $1.6 billion in 2019 and is expected to succeed at USD 2 billion by 2026; it is expected to grow at an annual compound rate of 4.2% between 2020 and 2026. The main players in the flame detector market are Johnson Controls (Ireland), United Technologies (USA), Honeywell (USA), Siemens (Germany) and Halma (UK). ). ).

The main drivers of the expansion of the flame detector market are government policies, regulations and initiatives, the increasing adoption of wireless generation in flame detection systems, and the accumulation of chimney losses and asset losses. percentage of the forecast period

The UV singles segment is expected to continue to have the longest length of market locations during the forecasting period. The expansion of this segment can be attributed to the call for flame detectors in the oil and fuel, chemical and electrical energy industries. These detectors are more productive and adapt to places where hydrogen and hydrocarbon fuels are used. Unique UV detectors are basically used for domestic programs in industries, namely oil and fuel, transportation, manufacturing, mining and electric power and energy services, where there is a large prospective and use of indoor flame detectors. After the COVID-19 pandemic, the place of the flame detector market is expected to face a flat or declining expansion curve in 2020 and 2021. Since chimney cover systems are considered essential activities, the place of the flame detector market is expected to return to the expansion curve from 2021 The oil and fuel industry will be the largest in duration during the forecast period

The North American region is expected to have the highest percentage of places in the flame detector market during the forecast period. The United States and Canada are expected to be the largest consumers of flame detectors in North America. The growing pharmaceutical industry call in this region due to the recent COVID-19 pandemic is expected to result in a significant percentage of flame detectors on the market in the region. The existing pandemic has severely affected almost every industry around the world. A interrupted chain of origin, reduced demand for local and global markets, and the development of health care considerations are some of the demanding situations faced by almost every country in the world. The North American flame detector market is estimated to grow downward from 2019 to 2020 and show a positive expansion rate from 2020 to 2021.

The global market reports of flame detectors for the hose market cover the heartbeat market across product, industry and the region. Based on the product, the place where the lamps and lamps are placed has been segmented into UV, IR, dual UV/IR, triple IR and multiple IR. The industry-based flame detector market has been segmented into oil and gas, energy and electricity, chemicals, aerospace and defense, logistics, mining, automotive, pharmaceutical, marine and other industries. The report covers 4 main regions: North America, Europe, Asia-Pacific (APAC) and the rest of the world (RoW). The main players operating in the flame detector market are Halma (UK), Honeywell (USA), Johnson Controls (Ireland), Siemens (Germany), United Technologies (USA), Emerson Electric (USA), Hochiki (Japan), MSA (US), Robert Bosch (Germany), Micropack Engineering (Scotland), Minimax Viking (Germany), Spectrex (USA), Spectrex (USA) Ciquirix (UK), Electro Optical Components (USA), Fike Corporation (USA), Fire and Gas Detection Technologies (USA), Optris Infrared Sensing (USA), Rezontech (South Korea), Sense-WARE (USA), Teledyne Technologies (USA), Automation Trace (India) and VFP Fire Systems (USA).

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