PUBLISHER: The Business Research Company | PRODUCT CODE: 1425467
PUBLISHER: The Business Research Company | PRODUCT CODE: 1425467
Flame Detector Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on flame detector market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for flame detector? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The flame detector market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Flame detectors are critical sensors designed to detect and swiftly respond to the presence of fire. These sensors are equipped with ultraviolet and infrared capabilities, enabling them to identify specific radiation emitted by flames. By directly interfacing with alarm systems or automatic fire extinguishing systems, flame detectors contribute to early fire detection and can help prevent potential hazards by detecting smokeless liquids or smoke capable of igniting a fire.
The primary product types in flame detectors include single UV, single IR, dual UV/IR, triple IR, and multi IR detectors. Single UV flame detectors are specialized sensors that specifically react to ultraviolet light emitted by hydrocarbon-based fires, offering precise and reliable fire detection. Services related to flame detectors encompass managed services, support and maintenance, engineering services, and others, delivered through both wired and wireless connections. These detectors find application across various industries such as oil and gas, energy and power, chemicals, aerospace and defense, logistics, mining, automotive, pharmaceuticals, marine, and more, ensuring fire safety and risk mitigation in diverse operational environments.
The flame detector market research report is one of a series of new reports from The Business Research Company that provides fire detector market statistics, including fire detector industry global market size, regional shares, competitors with a fire detector market share, detailed fire detector market segments, market trends and opportunities, and any further data you may need to thrive in the fire detector industry. This fire detector market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The flame detector market size has grown strongly in recent years. It will grow from $1.85 billion in 2023 to $1.96 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. Historical growth can be attributed to the optimization of emergency response systems, integration with fire safety systems, improvements in sensitivity and reduction of false alarms, the impact of urbanization and infrastructure development, and the expansion of the oil and gas industry.
The flame detector market size is expected to see strong growth in the next few years. It will grow to $2.42 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The anticipated growth in the forecast period is driven by integration with smart building systems, efforts to reduce false alarms, urban development and construction projects, expansions within the oil and gas sector, and increasing concerns and regulations regarding environmental impact. Major trends expected during this period encompass customization and adaptability in systems, an increased emphasis on remote monitoring and control, a focus on environmental sustainability, the integration of wireless connectivity and mobility solutions, and the development of miniaturized and compact designs in this industry.
Escalating human and property losses from fire outbreaks are expected to drive the growth of flame detectors. These detectors are crucial for mitigating such losses by using various techniques to detect visible flames. For instance, the National Fire Protection Association (NFPA) reported over 350,000 home structure fires annually in the United States, causing nearly $7 billion in direct damage. This alarming trend drives the demand for flame detectors to prevent fire-related damages.
The surge in smart city projects is anticipated to propel the flame detector market. These detectors play a pivotal role in smart city infrastructure, enabling early fire detection and swift response mechanisms, thereby ensuring safety and protection of critical infrastructure and lives in urban environments. According to the IMD Smart City Index Report, the number of smart cities globally increased from 118 in 2021 to 141 in 2023, contributing to the growing demand for flame detectors in such initiatives.
Technology improvements stand out as a prominent trend in the flame detector market. Major companies are innovating flame detector technologies such as IoT-based systems, machine learning integration, and voice alert systems. For instance, Hyfire, a UK-based designer of wireless fire systems, launched EvacWireless-an evacuation system facilitating fire and rescue operations in high-rise buildings. The system offers audio and visual alarm systems for residents and evacuation alert control for fire and rescue personnel.
Major players in the flame detector market are focusing on introducing innovative detectors like the triple IR flame detector to gain a competitive edge. The triple IR flame detector uses three infrared sensors to identify flames. For example, in October 2023, Honeywell International Inc. introduced the FS24X Plus Flame Detector. This detector utilizes WideBand IRTM infrared technology to accurately detect hydrocarbon and hydrogen fires, addressing the risks associated with hydrogen production and use. The FS24X Plus offers early and precise detection of hydrogen flames, ensuring the safety of workers and facilities, especially in challenging environmental conditions like rain, fog, or smoke.
In February 2022, ORR Protection Systems, a prominent US-based company specializing in the design, inspection, and maintenance of mission-critical fire alarm and detection systems, completed the acquisition of Liberty Building Technologies (LBT). The financial details of the acquisition were not disclosed. Through this strategic move, ORR Protection Systems endeavors to augment its portfolio with a focus on continuous improvement while also expanding its geographical footprint. Liberty Building Technologies (LBT), based in the US, operates within the realms of fire detection and fire suppression. This acquisition empowers ORR Protection Systems to enhance its capabilities and geographical reach, harnessing LBT's expertise to bolster its offerings and further solidify its position in delivering top-tier fire protection solutions for mission-critical environments.
Major companies operating in the flame detector market report are Siemens AG, Emerson Electric Co., Bosch Sicherheitssysteme GmbH, Honeywell International Inc., Johnson Controls International PLC, Spectrex Corporation, MSA Safety Incorporated, Hochiki Corporation, Fike Corporation, Rezontech Co Ltd., Teledyne Technologies Incorporated, SENSE-WARE, Ciqurix Ltd., Viking GmbH & Co. KG, Optris GmbH, Det-Tronics, MicroPack Engineering Ltd., Simtronics ASA, Minnesota Mining and Manufacturing Company, Tyco Fire Protection Products, United Technologies Corporation, Kidde-Fenwal Inc., Fire Sentry Corporation, Apollo Fire Detectors Ltd., Net Safety Monitoring Inc., Riken Keiki Co. Ltd., Zeta Alarm Systems, Tecnoalarm S.r.l., Crowcon Detection Instruments Ltd., and Sierra Monitor Corporation.
North America was the largest region in the flame detectors market share in 2023. The regions covered in the flame detector market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the flame detector market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The flame detector market consists of sales of visual flame imaging flame detectors and multi-spectrum IR flame detector. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.