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World Flame Detectors Market - Opportunities and Forecast, 2017 - 2023

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    Report

  • September 2019
  • Region: Global
  • Allied Market Research
  • ID: 3773275
Flame detectors are built to detect as well as respond to smoke, fire or flame presence. They detect the unique optical characteristics of flames. They offer a wide range of responses including alarm system, activation of fire suppression system, and deactivation of a fuel line among others. They are developed to perform under the harshest environmental conditions while being connected to alarm systems or fire extinguishing systems. Flame detectors have been designed to respond faster as well as more accurately when compared to traditional smoke and heat detector. Furthermore, the fire sensors and detectors when installed in commercial buildings provide enhanced safety measure and are highly affordable.

The world flame detectors market is influenced by several drivers, restraints and opportunities. The constant efforts and initiatives taken by major business enterprises to provide safe working space for their staff is a major factor driving the flame detectors market. However, high initial cost and excessive maintenance charges coupled with lack of awareness restricts the growth of this market. However, government regulations, training initiatives to educate employees about safety at workplace are creating greater opportunities for flame detectors worldwide.

The market is further segmented in terms of products, services, industry and geography. In terms of products, the report covers single IR, single UV, dual IR or UV, multi IR, and many others. The study highlights services such as manged services, support and maintenance, engineering services and others. Besides this, the regions covered in the global flame detectors market are North America, Europe, Asia-Pacific and LAMEA. Furthermore, industries served by the market includes mining, oil & gas, BFSI, manufacturing, retail, hospitality & travel, healthcare, transportation &logistics and other sectors.

The flame detector manufacturers invest generously in research and development to constantly upgrade their products. These companies also focus on expanding their market reach through mergers and acquisitions. Besides collaborating with reputed market players, companies are now eyeing local players for acquisition. Successful brand positioning through launches, trade shows, and conferences have further increased the level of competition among these companies worldwide. Some of the key market players are also evaluated in the report. List of prominent market leaders include Tyco International Limited, Bosch Security Systems, United Technologies Corporation, Siemens AG, Honeywell International, Inc., Johnson Controls, Inc. and several others.

KEY BENEFITS FOR STAKEHOLDERS

The study provides an extensive assessment of both the current and emerging industrial trends backed by in depth information on business environment in the world flame detectors market
Evaluation of the effective marketing strategies and business channels outlined in the report forms an important part of the study
SWOT analysis of the major brands exhibits their major strengths and weaknesses. It further details how brands profit on their strengths and overcome weaknesses
The research further examines competitive landscape and industrial value chain to enable business owners identify the adoption rate across different countries.
The study engages advanced analytics to weigh up on the upstream and downstream market during the forecast period 20142020
The research pinpoints new policies, news and technology developments that are contributing to the growth of the market

FLAM DETECTORS MARKET SEGMENTS

Market By Product

Single IR
Single UV
Dual IR or UV
Multi IR
Others

Market By Industry

BFSI
Hospitality &Travel
Healthcare
Transportation &Logistics
Manufacturing
Retail
Mining
Oil and Gas
Others

Market By Service

Support & Maintenance
Managed Services
Engineering Services
Others

Market Geography

North America
Europe
Asia Pacific
LAMEA

Key Players

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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