Global Flame Monitor Market Overview:
The flame Monitor system is a microprocessor burner management control system with self-diagnostics, non-volatile memory. Flame Monitor design to offer proper burner sequencing and flame monitoring protection on oil, gas, and combination fuel burners. It benefits like safe process control, increased load and fuel flexibility.
As per latest study released by AMA Research, the Global Flame Monitor market is expected to see growth rate of 6.6%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Technology Advancement in Manufacturing Process
Market Growth Drivers:
Increase Industrialization and Increase Organization or Industries Concern Towards Safe Work Safe
Challenges:
Costly Skilled Manpower
Restraints:
High Maintenance Charges and Rising Cost of Raw Materials
Opportunities:
High Demand of the Industries
Competitive Landscape:
The global Flame Monitor market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability.
Some of the key players profiled in the report are ITS - Industrial Turbine Services GmbH (Austria), BFI Automation GmbH (Germany), Crowcon Detection Instruments (England), Detector Electronics Corp. (United States), Drager Safety (India), Durag Group (Germany), Elster Kromschroder (Germany), Endee Engineers Pvt. Ltd. (India), Fire Guard (United Kingdom) and Forney Corporation (United States). Additionally, following companies can also be profiled that are part of our coverage like Gamewell-FCI (United States), LAMTEC (Germany) and Durag Group (United States). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Flame Monitor market by 2030. Considering Market by Sales Channels, the sub-segment i.e. Online Sales Channels will boost the Flame Monitor market. Considering Market by Flame Sensors, the sub-segment i.e. Flame Electrode Sensor will boost the Flame Monitor market.
Latest Market Insights:
In May 2018,The French company AP2E, a developer and manufacturer of industrial gas analysis systems, has become part of the DURAG GROUP as of today. The acquisition through DURAG Holding AG took place in April 2018. With this transaction, DURAG is expanding its portfolio as an internationally recognised provider of ambient air and emission monitoring systems into the important gas analysis segment.
In January 2024 MSA Safety, Inc., the global leader in the development of safety solutions that help protect people and facility infrastructures, announced the launch of its newest gas and flame monitoring solution, the SENTRY io Controller. This new controller is a safety monitoring system for MSA gas and flame detectors that helps reduce costs and provides access to data analytics that help to protect workers and facilities.
What Can be Explored with the Flame Monitor Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Flame Monitor Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Flame Monitor
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Flame Monitor market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Flame Monitor market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Flame Monitor Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.