The
mining industry is prone to drastic explosions. Governments across the globe
are levying stringent regulations pertaining to worker safety in the mining
sector is anticipated to spur the flame detectors market. Advancements in the
technology have paved the way to high-quality flame detectors with cutting-edge
features that can deliver the effective mechanisms within milliseconds of
hazardous fire incidents. According to the World Mining Congress, world mining
production was valued at 16.9 billion metric tons in 2016, and it reached about
17.2 billion metric tons in 2017. Hence, growing concerns towards the safety of
the individual, equipment, and enterprise infrastructure from hazardous fire
accidents have fueled the growth of the flame detectors industry. Increasing
development of smart buildings and sustainable construction also trigger the
expansion of flame detectors market size. The global Flame Detector Market
revenue stood at $1,267m in 2018 and is anticipated to grow with a CAGR of
4.34% throughout the forecast period of 2019-2025.
Factors Driving Flame Detector Market
I· In the oil & gas industries, flame detectors are
used to identify flames by optical methods such as infrared and ultraviolet
spectroscopy and visible flame imaging. Oil rigs which are located in areas
with very harsh weather conditions use the advanced flame detectors to prevent
fire accidents in advance.
· Life safety is critically dependent upon the adequacy
of gas and smoke detectors to provide for early-warning detection for a broad
range of fires that are possible in the mining sites. To improve the level of
fire safety and to guard against the disastrous consequences that can result
from mine fires, federal regulation across countries mandates the use of
automatic fire detection in underground locations, such as conveyor belt
entries, diesel fuel storage areas, and power centers. The rise in the new mining
sites will increase the adoption of the more flame detectors, which, in turn,
will lead the market for flame detectors around the globe.
· Flame detectors are extensively used by business
organizations and commercial buildings owing to the concerns of people at
homes, and working place is another prominent factor driving this market around
the globe. Enterprises are coming up with new flame detectors that utilize
optical technologies to detect flames. Detectors are highly depended on
line-of-site detection of the radiation emitted in the spectral bands. The
government policies, regulations, and norms which are mandating the use of fire
detectors, educating the people were introduced to ensure workplace safety,
resulted in the spending of enterprises more on flame detectors.
North America Holding Major Share of the Flame Detector
Market
North America generated approximately 26% of the global
revenues in the flame detector market in 2018. Growing industrialization and
increasing adoption of the flame detectors across different manufacturing units
and the oil & gas sector are the factors fuelling the expansion of the
flame detectors market in this region. The U.S. plays a significant role in
thriving the demand for flame detectors from this region. For instance, in
accordance with the Outer Continental Shelf Lands Act, the Bureau of Ocean
Energy Management (BOEM) develops the Outer Continental Shelf Oil and Gas
Leasing Program for oil and gas development for 2019-2024. This plan allows
offshore exploratory drilling in about 90% of the OCS acreage, which in turn,
led the oil and gas sector to open up the new opportunities for flame detector
industry in this region.
The application segment that will be creating the most
lucrative opportunities for the flame detector market is the chemical sector.
This application segment is projected to grow at a CAGR of 8.32% through to
2025. The unexpected release of flammable liquids and gases in the chemical
industries can ignite, when mixed with air, leading to injury and property
damage. Flame detectors can enhance the safety processes involving flammable
constituents by triggering an alarm when a fire occurs in the chemical
industries, which, in turn, led the growth in market share of flame detectors.
Flame Detector Market Trends
· Manufacturers have been coming out with the latest
technological innovations in flame detector manufacturing and with more
advanced features such as more immunity towards false alarm, are becoming the
new trends for the market of the flame detector. The combination of different
advanced technologies to prevent further development of fires ensures the
safety of premises. Video analytics flame detection systems use analytics that
is embedded in cameras to detect a flame, are the best alternatives to
traditional sensors, and are capable of early warning fire detection.
· For temperature monitoring and fire detection
automation technology, IR monitor is a better solution. Infrared cameras are
used to detect the objects and perceive their conditions. These automated
self-checking cameras help in early prevention and protect them from dangerous
situations at the earliest.
The Major Players in the Flame Detector Market:
The prominent players in the flame detector market
include Honeywell International, Johnson Control (Tyco), Siemens AG, United
Technology Corporation, Emerson Electric, MSA Safety Company, Bosch, Halma, 3M,
and Hochiki.
Innovation is paramount to survive in this marketplace.
Consequently, companies are investing in R&D activities to carve a niche
for themselves. For instance, Johnson Controls, a leading provider of
electronics and HVAC equipment for buildings has introduced an innovative range
of sounders, visual alarm devices, and visual indicating devices into the
market to improve performance of fire detection systems and ensure evacuation
process occurs quickly during a real fire event.
Mergers and acquisitions are other key strategies adopted
by the players to stay ahead of their competitors. MSA Safety Incorporated, a
U.S. based safety products manufacturing company announced acquisition with
Sierra Monitor Corporation on May 21, 2019. This merger enables MSA Safety to
enhance worker well-being through the use of cloud technology and wireless
connectivity. MSA launched Safety io grid in 2018, primarily to leverage the
capabilities of its portable gas detection portfolio. Such joint ventures aid
the market players to expand their geographical boundaries and accentuate their
footprint into the global flame detector market.
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Related Reports:
· Smoke Detector Market
https://www.industryarc.com/Report/16334/smoke-detector-market.html
Gas Detector Market
https://www.industryarc.com/Report/15621/gas-detector-market.html
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