PUBLISHER: TechNavio | PRODUCT CODE: 1544472
PUBLISHER: TechNavio | PRODUCT CODE: 1544472
The flame detectors market is forecasted to grow by USD 451.3 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the flame detectors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in number of industry safety performance standards, growing replacement demand, and increasing product launches.
Technavio's flame detectors market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.23% |
CAGR | 4.5% |
Incremental Value | $451.3 mn |
By Product
By Geographical Landscape
This study identifies the integration of control and safety systems as one of the prime reasons driving the flame detectors market growth during the next few years. Also, benefits of using intelligent flame detectors and rising adoption of dual UV/IR will lead to sizable demand in the market.
The report on the flame detectors market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flame detectors market vendors that include API Group Corp., Ciquirix, Electro Optical Components Inc., Emerson Electric Co., Fike Corp., Fire and Gas Detection Technologies Inc., Halma PLC, HOCHIKI Corp., Honeywell International Inc., Johnson Controls International PLC., Micropack Engineering Ltd., Minimax Viking GmbH, MSA Safety Inc., Optris GmbH, RTX Corp., Rezontech Co. Ltd., Robert Bosch GmbH, SENSE WARE Fire and Gas Detection BV, Siemens AG, Teledyne Technologies Inc., and Trace Automation Private Limited. Also, the flame detectors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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