Market Overview:
The global industrial flame monitor market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for flame monitors from various end-use industries, such as chemical and materials, food and beverages, pharmaceuticals, consumer goods, electronics, automotive and others. In addition, the growing awareness about safety among consumers is also propelling the demand for industrial flame monitors across the globe. Based on type, the global industrial flame monitor market can be segmented into viewing heads, signal processors and IFM accessories. The viewing heads segment is estimated to account for a major share of the global market in 2018 owing to its wide usage in various end-use industries.
Product Definition:
An industrial flame monitor is a device used to detect the presence of flames in an industrial setting. The importance of having a flame monitor in an industrial setting is twofold: first, it can help prevent fires from breaking out, and second, it can help firefighters extinguish any fires that do break out.
Viewing Heads:
By product, Viewing Heads are used in various applications such as combustion monitoring, flue gas desulfurization and stack emission monitoring. They are also used for process control and quality assurance in industries such as petrochemical, power generation & distribution and metal manufacturing. The factors that propel the growth of this market include growing demand for efficient equipment to monitor combustion processes along with stringent regulations pertaining to environmental pollution.
Signal Processors:
Signal processors are electronic devices that process the signals and convert them into digital form. They are used in industrial flame monitors to detect changes in temperature, pressure, or other parameters of a fluid. The signal processor converts analog signals to digital form and vice-versa through the use of an internal conversion algorithm.
The signal processors work by taking input from one or more sensors.
Application Insights:
The global demand for flame monitors is witnessing a paradigm shift due to rising awareness among consumers. The food and beverage segment accounted for over 30% of the overall market in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030. Flame monitoring systems are used across the food industry applications including baking, roasting, frying, grilling & smoking as well as oven cooking which require precise temperature control.
Flame-spreaders are also widely used in several consumer goods including smartphones and laptops where appearance plays an important role in gaining customer trust thereby driving product demand globally. In addition, they find wide application scope across several industries such as pharmaceuticals (vacuum devices), cosmetics (cosmetics packaging), electronic components manufacturing (electronic equipment) along with other end-use industries such as automotive or aerospace etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue owing to high demand from various end-use industries, such as electronics, automotive, pharmaceuticals and others. China is one of the major manufacturing hubs across this region due to low production cost coupled with easy availability of skilled labor force. This factor has contributed significantly towards product demand across this region.
North America emerged as the second largest regional market in 2017 on account rising concerns regarding employee safety along with stringent government regulations pertaining employee safety at work place (OSHA). The U.S., being a developed economy has well-established infrastructure for flame monitoring systems which are supported by strong distribution channels and service offerings by key players operating within this country; these factors have contributed significantly towards its growth over past few years making it one of most attractive markets globally Flame monitor system manufacturers active within North America include Analog Devices Inc.
Growth Factors:
- Increasing demand for flame monitoring in oil and gas industry
- Growing awareness about safety and security in industrial sector
- Rising demand for flame monitors from end-use industries such as automotive, aerospace, and others
- Technological advancements in flame monitoring systems
- Stringent government regulations for safety in industrial sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Flame Monitor Market Research Report
By Type
Viewing Heads, Signal Processors, IFM Accessories
By Application
Chemical and Materials, Food and Beverages, Pharmaceutical, Cosumer Goods, Electronics, Automotive, Others
By Companies
Honeywell, Relevant Solutions, Promax Combustion, Maxon, Sierra Monitor, Emerson, Fireye, Metro Services Inc., Encore Monitoring, Link Industrial Technologies, Honeywell, NM Knight Company, Inc.
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
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Flame Monitor Market Report Segments:
The global Industrial Flame Monitor market is segmented on the basis of:
Types
Viewing Heads, Signal Processors, IFM Accessories
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
Chemical and Materials, Food and Beverages, Pharmaceutical, Cosumer Goods, Electronics, Automotive, Others
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:
- Honeywell
- Relevant Solutions
- Promax Combustion
- Maxon
- Sierra Monitor
- Emerson
- Fireye
- Metro Services Inc.
- Encore Monitoring
- Link Industrial Technologies
- Honeywell
- NM Knight Company, Inc.
Highlights of The Industrial Flame Monitor 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:
- Viewing Heads
- Signal Processors
- IFM Accessories
- By Application:
- Chemical and Materials
- Food and Beverages
- Pharmaceutical
- Cosumer Goods
- Electronics
- Automotive
- Others
- 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 Industrial Flame Monitor 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?
Industrial Flame Monitor is a device that monitors the level of flame in industrial processes.
Some of the major players in the industrial flame monitor market are Honeywell, Relevant Solutions, Promax Combustion, Maxon, Sierra Monitor, Emerson, Fireye, Metro Services Inc., Encore Monitoring, Link Industrial Technologies, Honeywell, NM Knight Company, Inc..
The industrial flame monitor market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Flame Monitor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Flame Monitor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Flame Monitor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Flame Monitor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Flame Monitor Market Size & Forecast, 2018-2028
4.5.1 Industrial Flame Monitor Market Size and Y-o-Y Growth
4.5.2 Industrial Flame Monitor Market Absolute $ Opportunity
Chapter 5 Global Industrial Flame Monitor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Flame Monitor Market Size Forecast by Type
5.2.1 Viewing Heads
5.2.2 Signal Processors
5.2.3 IFM Accessories
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Flame Monitor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Flame Monitor Market Size Forecast by Applications
6.2.1 Chemical and Materials
6.2.2 Food and Beverages
6.2.3 Pharmaceutical
6.2.4 Cosumer Goods
6.2.5 Electronics
6.2.6 Automotive
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Flame Monitor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Flame Monitor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Flame Monitor Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Flame Monitor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Flame Monitor Market Size Forecast by Type
9.6.1 Viewing Heads
9.6.2 Signal Processors
9.6.3 IFM Accessories
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Flame Monitor Market Size Forecast by Applications
9.10.1 Chemical and Materials
9.10.2 Food and Beverages
9.10.3 Pharmaceutical
9.10.4 Cosumer Goods
9.10.5 Electronics
9.10.6 Automotive
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Flame Monitor Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Flame Monitor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Flame Monitor Market Size Forecast by Type
10.6.1 Viewing Heads
10.6.2 Signal Processors
10.6.3 IFM Accessories
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Flame Monitor Market Size Forecast by Applications
10.10.1 Chemical and Materials
10.10.2 Food and Beverages
10.10.3 Pharmaceutical
10.10.4 Cosumer Goods
10.10.5 Electronics
10.10.6 Automotive
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Flame Monitor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Flame Monitor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Flame Monitor Market Size Forecast by Type
11.6.1 Viewing Heads
11.6.2 Signal Processors
11.6.3 IFM Accessories
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Flame Monitor Market Size Forecast by Applications
11.10.1 Chemical and Materials
11.10.2 Food and Beverages
11.10.3 Pharmaceutical
11.10.4 Cosumer Goods
11.10.5 Electronics
11.10.6 Automotive
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Flame Monitor Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Flame Monitor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Flame Monitor Market Size Forecast by Type
12.6.1 Viewing Heads
12.6.2 Signal Processors
12.6.3 IFM Accessories
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Flame Monitor Market Size Forecast by Applications
12.10.1 Chemical and Materials
12.10.2 Food and Beverages
12.10.3 Pharmaceutical
12.10.4 Cosumer Goods
12.10.5 Electronics
12.10.6 Automotive
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Flame Monitor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Flame Monitor Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Flame Monitor Market Size Forecast by Type
13.6.1 Viewing Heads
13.6.2 Signal Processors
13.6.3 IFM Accessories
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Flame Monitor Market Size Forecast by Applications
13.10.1 Chemical and Materials
13.10.2 Food and Beverages
13.10.3 Pharmaceutical
13.10.4 Cosumer Goods
13.10.5 Electronics
13.10.6 Automotive
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Flame Monitor Market: Competitive Dashboard
14.2 Global Industrial Flame Monitor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 Relevant Solutions
14.3.3 Promax Combustion
14.3.4 Maxon
14.3.5 Sierra Monitor
14.3.6 Emerson
14.3.7 Fireye
14.3.8 Metro Services Inc.
14.3.9 Encore Monitoring
14.3.10 Link Industrial Technologies
14.3.11 Honeywell
14.3.12 NM Knight Company, Inc.
