The global flare monitoring market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for flare monitoring systems in various industries such as oil and gas, petrochemical, and refineries. The increasing demand for these systems is due to their ability to detect flaring events in real-time and provide alerts on potential safety hazards. The global flare monitoring market by type is segmented into mass spectrometers, gas chromatographs, gas analyzers, remote IR imagers (MSIR), and MSIR imagers. Mass spectrometers are used for detecting hydrocarbons in the air while gas chromatographs are used for analyzing hydrocarbons in the air or liquid samples. Gas analyzers are used for measuring concentrations of gases such as methane or hydrogen sulfide while remote IR imagers are used for detecting infrared radiation emitted by flames or hot objects while MSIR imagers use infrared radiation emitted by flames or hot objects with a resolution that is higher than that of remote IR imagers but lower than that of thermal imaging cameras (TICs).
- The global flare monitoring market is expected to grow at a CAGR of 6.5% from 2017 to 2025.
- The increasing demand for natural gas and the need for better safety measures in the oil and gas industry are some of the factors driving the growth of this market.
- The increasing number of accidents in oil and gas industries is also driving this market.
- Increasing environmental concerns about air pollution due to flaring activities is also a factor that will drive this market.
- Increasing investments by governments in developing countries such as India, China, Brazil, Mexico, Russia, South Africa etc, will also drive this market.
Industry Growth Insights published a new data on “Flare Monitoring Market”. The research report is titled “Flare Monitoring Market research by Types (In Process-Mass Spectrometers, Gas Chromatographs, Gas Analyzers, Remote-IR Imagers, MSIR Imagers), By Applications (Refineries, Petrochemical, Onshore Oil & Gas Production Sites), By Players/Companies Siemens, ABB, FLIR, Thermo Fisher, Honeywell, John Zink, LumaSense, Zeeco, MKS, Land Instruments International, Eaton HERNIS Scan Systems, Fluenta”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flare Monitoring Market Research Report
By Type
In Process-Mass Spectrometers, Gas Chromatographs, Gas Analyzers, Remote-IR Imagers, MSIR Imagers
By Application
Refineries, Petrochemical, Onshore Oil & Gas Production Sites
By Companies
Siemens, ABB, FLIR, Thermo Fisher, Honeywell, John Zink, LumaSense, Zeeco, MKS, Land Instruments International, Eaton HERNIS Scan Systems, Fluenta
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Flare Monitoring Market Report Segments:
The global Flare Monitoring market is segmented on the basis of:
Types
In Process-Mass Spectrometers, Gas Chromatographs, Gas Analyzers, Remote-IR Imagers, MSIR Imagers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Refineries, Petrochemical, Onshore Oil & Gas Production Sites
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens
- ABB
- FLIR
- Thermo Fisher
- Honeywell
- John Zink
- LumaSense
- Zeeco
- MKS
- Land Instruments International
- Eaton HERNIS Scan Systems
- Fluenta
Highlights of The Flare Monitoring Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- In Process-Mass Spectrometers
- Gas Chromatographs
- Gas Analyzers
- Remote-IR Imagers
- MSIR Imagers
- By Application:
- Refineries
- Petrochemical
- Onshore Oil & Gas Production Sites
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flare Monitoring Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flare Monitoring is a process of monitoring and managing flare events. Flare events can be defined as any sudden increase in brightness or emission from an astronomical object, such as a star, planet, or comet.
Some of the key players operating in the flare monitoring market are Siemens, ABB, FLIR, Thermo Fisher, Honeywell, John Zink, LumaSense, Zeeco, MKS, Land Instruments International, Eaton HERNIS Scan Systems, Fluenta.
The flare monitoring market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flare Monitoring Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Flare Monitoring Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flare Monitoring Market - Supply Chain
4.5. Global Flare Monitoring Market Forecast
4.5.1. Flare Monitoring Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flare Monitoring Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flare Monitoring Market Absolute $ Opportunity
5. Global Flare Monitoring Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Flare Monitoring Market Size and Volume Forecast by Type
5.3.1. In Process-Mass Spectrometers
5.3.2. Gas Chromatographs
5.3.3. Gas Analyzers
5.3.4. Remote-IR Imagers
5.3.5. MSIR Imagers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flare Monitoring Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Flare Monitoring Market Size and Volume Forecast by Application
6.3.1. Refineries
6.3.2. Petrochemical
6.3.3. Onshore Oil & Gas Production Sites
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flare Monitoring Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Flare Monitoring Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Flare Monitoring Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Flare Monitoring Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Flare Monitoring Demand Share Forecast, 2019-2026
9. North America Flare Monitoring Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Flare Monitoring Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Flare Monitoring Market Size and Volume Forecast by Application
9.4.1. Refineries
9.4.2. Petrochemical
9.4.3. Onshore Oil & Gas Production Sites
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Flare Monitoring Market Size and Volume Forecast by Type
9.7.1. In Process-Mass Spectrometers
9.7.2. Gas Chromatographs
9.7.3. Gas Analyzers
9.7.4. Remote-IR Imagers
9.7.5. MSIR Imagers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Flare Monitoring Demand Share Forecast, 2019-2026
10. Latin America Flare Monitoring Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Flare Monitoring Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Flare Monitoring Market Size and Volume Forecast by Application
10.4.1. Refineries
10.4.2. Petrochemical
10.4.3. Onshore Oil & Gas Production Sites
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Flare Monitoring Market Size and Volume Forecast by Type
10.7.1. In Process-Mass Spectrometers
10.7.2. Gas Chromatographs
10.7.3. Gas Analyzers
10.7.4. Remote-IR Imagers
10.7.5. MSIR Imagers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Flare Monitoring Demand Share Forecast, 2019-2026
11. Europe Flare Monitoring Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Flare Monitoring Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Flare Monitoring Market Size and Volume Forecast by Application
11.4.1. Refineries
11.4.2. Petrochemical
11.4.3. Onshore Oil & Gas Production Sites
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Flare Monitoring Market Size and Volume Forecast by Type
11.7.1. In Process-Mass Spectrometers
11.7.2. Gas Chromatographs
11.7.3. Gas Analyzers
11.7.4. Remote-IR Imagers
11.7.5. MSIR Imagers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Flare Monitoring Demand Share, 2019-2026
12. Asia Pacific Flare Monitoring Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Flare Monitoring Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Flare Monitoring Market Size and Volume Forecast by Application
12.4.1. Refineries
12.4.2. Petrochemical
12.4.3. Onshore Oil & Gas Production Sites
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Flare Monitoring Market Size and Volume Forecast by Type
12.7.1. In Process-Mass Spectrometers
12.7.2. Gas Chromatographs
12.7.3. Gas Analyzers
12.7.4. Remote-IR Imagers
12.7.5. MSIR Imagers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Flare Monitoring Demand Share, 2019-2026
13. Middle East & Africa Flare Monitoring Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Flare Monitoring Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Flare Monitoring Market Size and Volume Forecast by Application
13.4.1. Refineries
13.4.2. Petrochemical
13.4.3. Onshore Oil & Gas Production Sites
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Flare Monitoring Market Size and Volume Forecast by Type
13.7.1. In Process-Mass Spectrometers
13.7.2. Gas Chromatographs
13.7.3. Gas Analyzers
13.7.4. Remote-IR Imagers
13.7.5. MSIR Imagers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Flare Monitoring Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Flare Monitoring Market: Market Share Analysis
14.2. Flare Monitoring Distributors and Customers
14.3. Flare Monitoring Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. FLIR
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thermo Fisher
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Honeywell
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. John Zink
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LumaSense
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Zeeco
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MKS
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Land Instruments International
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Eaton HERNIS Scan Systems
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fluenta
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook