Flame detector market to reach $2.1 billion by 2027
The global flame detector market is expected to grow from USD 1.7 billion in 2022 to USD 2.1 billion by 2027, at a CAGR of 5.0% during the forecasted period. The major drivers for the growth of flame detector market include growing adoption of flame detectors across major industries such as oil and gas, energy and power, pharmaceuticals, and automotive among others, technology improvement in the flame detection devices, and also the implementation of policies, regulations, and government initiatives is having an impact.
The flame detector market is dominated by major manufacturers such as Johnson Controls, Carrier Global, Honeywell, Siemens, Halma, MSA, Robert Bosch, Emerson Electric, Minimax Viking, and Draeger among others. These companies have their manufacturing facilities spread across various countries in Asia Pacific, Europe, North America, South America, and Rest of the World.
UV/IR flame detectors to witness the highest growth
The UV/IR flame detector is expected to witness the highest growth rate during the forecast period due to the high reliability of the detectors. The UV/IR flame detectors can detect flames in both UV and IR spectrums and offer minimum false alarms. In addition, UV/IR flame detectors have been present in the market for a significant time and they are trusted by the consumers. Additionally, implementing UV/IR flame detectors reduces the operations cost as compared to implementing two different types of flame detectors within a fire protection system. This is one of the key factors driving the demand for UV/IR flame detectors.
Wireless technology on the up
Wireless flame detectors are a new and emerging market. Companies are still conducting research and product development in the wireless flame detector market. Yet, the demand for wireless flame detectors from various industries such as pharmaceuticals, marine, logistics, and chemicals is increasing due to the ease of implementation in complex locations where wiring would often be difficult. The demand for wireless flame detectors with Wifi and Bluetooth connectivity options is also growing, as these devices utliise a new and emerging technology, and the fact that they offer ease of use and installation means that the highest growth rate is being seen for these devices during the forecast period.
Pharmaceuticals fastest growing vertical, North America the largest region
The demand for flame detectors is rapidly growing in the pharmaceutical industry. The increasing usage of flammable products and chemicals for testing and manufacturing of pharmaceutical products is the leading factor for the fastest growth rate.
The analysts report that the North American region is the largest market for flame detectors, driven by the US and Canada. The region has the presence of major flame detector manufacturers, and some of the key players have their headquarters in that region. Thus, new and innovative flame detector products are easily available in the region. Additionally, the region has strict rules and regulations for the safeguarding of humans lives and protecting assets from fire. The region has a robust supply chain for flame detectors from suppliers to end users. The growing oil and gas, energy and power and automotive industries in the region are also key drivers for the flame detector market.