Global Visual Flame Detector Market Size - Forecast to 2026
Honeywell, Halma, Johnson Controls, United Technologies, Emerson Electric, Siemens, Hochiki, Robert Bosch, MSA, Micropack Engineering, Spectrex, Minimax Viking, Ciquirix, Electro Optical Components, Fire & Gas Detection Technologies, Fike Corporation, Optris Infrared Sensing, Sense-WARE, Rezontech, Teledyne Technologies, VFP Fire Systems, and Trace Automation are key identified manufacturers in the industry.
Brooklyn, New York, July 22, 2021 (GLOBE NEWSWIRE) -- According to a new market research report published by Global Market Estimates, the Visual Flame Detector Market will grow with a CAGR value of around 5.1 percent over the forecast period.
Visual Flame Detector is an advanced solution to modern-day fire breakout problems in various industries such as oil & gas, chemicals, energy & power, automotive, and pharmaceuticals. These are reliable solutions to avoid accidental damage due to fire breakout. Stringent regulatory guidelines to adhere to safety measures along with increasing compensation on workers’ on-site safety will proliferate the product penetration during the forecast period.
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Wireless Visual Flame Detectors gaining popularity
With the launch of technically advanced sensors in fire detecting systems, wireless connectivity products are anticipated to observe the highest gains from 2021 to 2026. Easy installation, operation, tracking, and efficiency are the prime advantages to deploy these sensors. Industries are highly inclined towards technologically updated and advanced products.
Pharmaceutical industy will witness the highest growth
The pharmaceutical applications will observe the highest growth in the coming years. Pharmaceutical industry expansion along with high investment to prevent the industry from collapsing and halt will induce growth during the forecast period. The covid-19 pandemic has greatly influenced investment in the pharmaceutical industry. More investments are being done in this industry with respect to product development and safety.
North America dominated the regional deployment
The North American visual flame detector market dominated the overall demand and held for the maximum sensor deployment in 2019. The U.S. and Mexico were the major consumers of these safety products due to the presence of diversified large-scale industries related to chemical, automotive, aerospace, and pharmaceuticals. Increased safety measures by the government to avoid any accidental damage will support the regional demand.
Technology advancement and brand recognition are the prime strategies
Major industry participants include Honeywell, Johnson Controls, Halma, United Technologies, Siemens, Hochiki, Emerson Electric, Robert Bosch, Micropack Engineering, MSA, Spectrex, Minimax Viking, Electro Optical Components, Ciquirix, Fire & Gas Detection Technologies, Optris Infrared Sensing, Fike Corporation, Sense-WARE, Teledyne Technologies, Rezontech, Trace Automation, and VFP Fire Systems.
The global industry share is competitive and partly consolidated due to the presence of numerous large-scale players with high brand recognition. Partnering with the companies through backward and forward integration will support the companies to maximize profitability. Another important activity by the companies witnessed is the participation in the non-profit safety campaigns.
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Product Outlook (Revenue, USD Million, 2019-2026)
- UV
- IR
- Dual
- Others
Connectivity Outlook (Revenue, USD Million, 2019-2026)
- Wired
- Wireless
Industry Outlook (Revenue, USD Million, 2019-2026)
- Oil & Gas
- Energy & Power
- Chemicals
- Aerospace & Defence
- Logistics
- Automotive
- Pharmaceuticals
- Marine
- Others
Regional Outlook (Revenue, USD Million, 2019-2026)
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Italy
- ROE
Asia Pacific
- China
- India
- Japan
- South Korea
- ROAPAC
Central & South America
- Brazil
- ROCSA
Middle East & Africa
- Saudi Arabia
- UAE
- ROMEA
Website: Global Market Estimates
Contact: Yash Jain Email address: yash.jain@globalmarketestimates.com Phone Number: +16026667238