Opportunities and Growth of Flame Detector Market

1. MarketsandMarkets Presents Opportunities and Growth of Flame Detector Market Flame Detector Market with COVID-19 Impact, by Product (Single UC, Single IR, Dual UV/IR, Triple IR, Multi IR), Industry (Oil & Gas, Energy & Power, Chemicals, Aerospace & Defense, Logistics) and Region - Global Forecast to 2026 https://www.marketsandmarkets.com/Market-Reports/flame-detector-market-213130921.html

2. The flame detector market size is expected to grow from USD 1.6 billion in 2020 to USD 2.0 billion by 2026 at a CAGR of 4.2% from 2020 to 2026. Policies, regulation, and government initiatives, rising adoption of wireless technology in flame detection systems, and increasing human & property loss due to fire breakouts are some of the major factors driving the growth of the flame detector market. Browse 157 market data Tables and 54 Figures spread through 202 Pages and in-depth TOC on "Flame Detector Market with COVID-19 Impact - Global Forecast to 2026"

3. Flame detector market for dual UV/IR to grow at a higher CAGR during forecast period The market for dual UV/IR is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to its ability to detect both UV and IR spectrums of radiations, thus increasing the span of its fire detection abilities. The increasing demand for improved safety and reduction in the failure of fire detection is expected to fuel the market for dual UV/IR flame detectors. A combination of UV and IR technology is quite popular for flame detection as the detector can collect information from both the UV side and the infrared side. UV/IR flame detectors offer increased immunity compared with UV detectors, operate at moderate speeds of response, and are suited for both indoor and outdoor use, especially for industrial applications. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=213130921 Flame detector market for pharmaceutical industry is expected to grow at highest CAGR during forecast period The market for pharmaceutical industry is expected to capture the highest CAGR during the forecast period. The high growth rate is driven by the need to safeguard human lives and properties, as well as avoid production halt in the vertical. The recent COVID-19 pandemic has resulted in heavy investments in the pharmaceuticals industry. Thus, the growth of this industry is expected to fuel the growth of the flame detector market for the pharmaceuticals industry.

4. APAC to be fastest-growing flame detector market during forecast period APAC is expected to be the fastest-growing market for flame detector. Growing urbanization has increased construction activities, which are contributing significantly to the growth of the flame detector market in this region. China and Japan being the frontier markets for flame detectors in the APAC region, the steady growth of industries in these countries post the COVID-19 pandemic is expected to fuel the high growth rate in this region. China is projected to lead the flame detector market in APAC during the forecast period, followed by Japan and South Korea. The demand for flame detectors is expected to increase with technological and economic advancements. Moreover, the growing urbanization in this region has increased manufacturing activities, contributing significantly to the growth of the flame detector market. Governments in this region have laid down fire safety norms, and the flame detector market is expected to grow with the execution of these policies. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=213130921 Key Market Players Halma (UK), Honeywell (US), Johnson Controls (Ireland), Siemens (Germany), United Technologies (US), Emerson Electric (US), Hochiki (Japan), MSA (US), Robert Bosch (Germany), Micropack Engineering (Scotland), Minimax Viking (Germany), Spectrex (US) are among a few major players operating in the flame detector market.

5. Johnson Controls has recently started concentrating on its core business by acquiring non-profit companies. This has helped the company grow its revenue and expand its presence in emerging markets, including India, China, and a few countries in the Middle East and Latin America. Johnson Controls offers fire detection and alarm systems, and fire response systems. The fire detection and alarm systems provided by the company are fire alarm panels and fire alarm peripheral devices such as detectors, sounders, and manual call points. Fire response systems include mass notification devices. Tyco was acquired by Johnson Controls to form Johnson Controls (US) after the spin-off of the automotive seating company Adient plc (Ireland). After the merger, Johnson Controls became a leading provider of building and energy storage solutions and services. Honeywell is one of the leaders in the fire protection market with strong international recognition. Key factors contributing to its market leadership include a well-positioned product portfolio, strong brand name internationally, customer retention, and global presence. Honeywell takes advantage of its ability to leverage collaborations across diverse operations in home and building automation solutions, especially in the fire and security segment. For instance, the company is collaborating with Huawei Technologies (China) to develop smart building offerings using IoT to improve the building intelligence by providing functions such as access control, intrusion monitoring, and fire detection. Honeywell also focuses on various strategic acquisitions to become the premier technology and manufacturing company with a better-positioned portfolio.

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