Global Flare Monitoring Market Analysis, 2020

Global Flare Monitoring Market Analysis, 2020

By Mounting Method (In- Process and Remote), By Industry (Oil & Gas Production, Refineries, Petrochemicals, Landfills, and Other), By Region (North America, South America, Europe, Middle East and Afri Read more

  • Energy
  • Nov 2019
  • 237
  • EN77005

Flare monitoring system is an efficient system that identifies the venting of harmful gases in the environment. The instrument is used in the highly flammable industries which involves dealing with harmful chemicals and gases or in the power plants. The oil and gas, petrochemicals, refineries, steel and metal production units are the common application areas of the flare monitoring system.

 

Report Coverage Details
Study Period   Historical Data: 2015-19
  Base Year: 2019
  Forecast Period: 2020-25
Regions Covered   North America
  Europe
  Asia-Pacific
  South America
  Middle East & Africa
Unit Denominations   USD Million/Billion

According to MarkNtel Advisors’ research report titled “Global Flare Monitoring System Market Analysis, 2020”, the Global Flare Monitoring System market is anticipated to rise at a CAGR of around 8.50% during 2020-25. Due to the growing number of oil & gas and petrochemical industries across the Asia-Pacific and Middle East regions and increasing demand for petrochemical products across the globe, the adoption rate of the flare monitoring system is witnessing the upward trend.

Other key factors driving the demand for flare monitoring system include strict government regulations with respect to environmental quality control and system efficiency to offer real-time monitoring eliminating the chances of hazards.

Remote Flare Monitoring System to Outpace in the Future

Based on the mounting method used in the flare monitoring system, the in-process category held the largest market share in 2019 due to its capability to monitor real-time process data. However, the competitive advantage of the remote flare systems over the in-process is anticipated to proliferate the demand for remote category in the near future,

The remote monitoring devices are expected to attain the highest CAGR growth during 2020-25, due to its capability to monitor the flame level without any contact with harmful, harsh and corrosive flare gases. Moreover, the devices are easy to install and maintain, can offer a quick interpretation of data and are economical to operate in comparison to its substitutes.

According to Markntel Advisors, the leading market players in the Global Flare Monitoring System market include Emerson Electric, ABB, Siemens Group, Flir Systems, Zeeco Inc., MKS Instruments, Lumasense Technologies Inc., etc.

Key Questions Answered in the Market Research Report 

  1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Flare Monitoring Market?
  2. What are the region wise industry size, growth drivers and challenges key market trends?
  3. What are the key innovations, technology upgrades, opportunities, regulations in the Global Flare Monitoring Market?  
  4. Who are the key competitors or market players and how they perform in Global Flare Monitoring Market on the basis of competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the course of Global Flare Monitoring Market study?   

Market Outlook, Segmentation and Statistics 

  • Market Size & Analysis
    • By Revenues
  • Market Share & Analysis
    • By Mounting Method
      • In Process
        • Mass Spectrometers
        • Gas Chromatographs
        • Gas Analyzers
        • Flow Meters
        • Calorimeters
        • Others
      • Remote
        • Thermal (IR) Imagers
        • Multi Spectrum Infrared (MSIR) Imagers
        • Others
    • By Industry
      • Oil & Gas Production
      • Refineries
      • Petrochemicals
      • Landfills
      • Other
        • Offshore
        • Metals and Steel Manufacturing
    • By Region
      • North America
        • United states
        • Canada
        • Mexico
      • South America
        • Brazil
        • Argentina
      • Europe
        • France
        • Russia
        • Spain
        • Germany
        • Italy
        • United Kingdom
      • Middle East & Africa
        • UAE
        • Saudi Arabia
        • South Africa
      • Asia-Pacific
        • China
        • India
        • Japan
        • South Korea
        • Indonesia
        • Malaysia
    • By Company
      • Revenue Shares
      • Strategic Factorial Indexing
      • Competitor Placement in Markntel Quadrant
  • North America Flare Monitoring System Market Outlook, 2015-2025F (USD Million)
  • South America Flare Monitoring System Market Outlook, 2015-2025F (USD Million)
  • Europe Flare Monitoring System Market Outlook, 2015-2025F (USD Million)
  • Middle East & Africa Flare Monitoring System Market Outlook, 2015-2025F (USD Million)
  • Asia-Pacific Flare Monitoring System Market Outlook, 2015-2025F (USD Million)
  • Global Flare Monitoring System Market Policies, Regulations, Product Standards
  • Global Flare Monitoring System Market Key Strategic Imperatives for Success and Growth.
  • Competition Outlook
    • Competition Matrix
    • Company Profiles

Frequently Asked Questions 

Q. What is the historical year, base year and forecast year considered in the research report on Global Flare Monitoring Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.

Q. What are the units or denomination for measuring market value in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.

Q. What would be the growth rate or CAGR of Global Flare Monitoring Market during 2020-25?
A. The growth rate of Global Flare Monitoring Market during 2020-25 is forecast to be around 8.5%.

Q. Who are the key competitors or players operating in Global Flare Monitoring Market? 
A.  Emerson Electric, ABB, Siemens Group, Flir Systems, Zeeco Inc., MKS Instruments, Lumasense Technologies Inc. are few of the leading players in the Global Flare Monitoring Market.

Q. Does the report scope cover Industry wise market statistics also?
A. Yes, the scope of the report encompass detailed Industry wise statistics such as market size, market segmentation based on various subcategories.

Q. Which Mounted segment would emerge as an opportunity area for players in Global Flare Monitoring Market?
A. The in-process category grabbed a significant market share continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Global Flare Monitoring Market.

Q. Which Mounted segment would emerge as an opportunity area for players in Global Flare Monitoring Market during 2020-25?
A. The remote monitoring devices are expected to attain the highest CAGR growth during 2020-25, due to its capability to monitor the flame level without any contact with harmful, harsh and corrosive flare gases.

1.     Introduction

1.1.   Research Process

1.2.   Assumption

1.3.   Market Segmentation

1.4.   Market Definition

2.     Executive Summary

3.     Expert Verbatim- What our Experts Say?

4.     Global Flare Monitoring System Market Outlook, 2015-2025F

4.1.   Market Size & Analysis

4.1.1. By Revenues

4.2.   Market Share & Analysis

4.2.1. By Mounting Method

4.2.1.1.  In Process

4.2.1.1.1.   Mass Spectrometers

4.2.1.1.2.   Gas Chromatographs

4.2.1.1.3.   Gas Analyzers

4.2.1.1.4.   Flow Meters

4.2.1.1.5.   Calorimeters

4.2.1.1.6.   Others

4.2.1.2.  Remote

4.2.1.2.1.   Thermal (IR) Imagers

4.2.1.2.2.   Multi Spectrum Infrared (MSIR) Imagers

4.2.1.2.3.   Others

4.2.2. By Industry

4.2.2.1.  Oil & Gas Production

4.2.2.2.  Refineries

4.2.2.3.  Petrochemicals

4.2.2.4.  Landfills

4.2.2.5.  Other

4.2.2.5.1.   Offshore

4.2.2.5.2.   Metals and Steel Manufacturing

4.2.3. By Region

4.2.3.1.   North America

4.2.3.2.   South America

4.2.3.3.   Europe

4.2.3.4.   Middle East & Africa

4.2.3.5.   Asia-Pacific

4.2.4. By Company

4.2.4.1. Revenue Shares

4.2.4.2. Strategic Factorial Indexing

4.2.4.3. Competitor Placement in Markntel Quadrant

5.     North America Flare Monitoring System Market Outlook, 2015-2025F

5.1.   Market Size & Analysis

5.1.1. By Revenues

5.2.   Market Share & Analysis

5.2.1. By Mounting Method

5.2.2. By Industry

5.2.3. By Country

5.2.3.1. US

5.2.3.2. Mexico

5.2.3.3. Canada

5.3.   The US Flare Monitoring System Market Outlook, 2015-2025F

5.3.1. Market Size & Analysis

5.3.1.1. By Revenues

5.3.2. Market Share & Analysis

5.3.2.1.  By Mounting Method

5.3.2.2.  By Industry

5.4.   Canada Flare Monitoring System Market Outlook, 2015-2025F

5.4.1. Market Size & Analysis

5.4.1.1. By Revenues

5.4.2. Market Share & Analysis

5.4.2.1.  By Mounting Method

5.4.2.2.  By Industry

5.5.   Mexico Flare Monitoring System Market Outlook, 2015-2025F

5.5.1. Market Size & Analysis

5.5.1.1. By Revenues

5.5.2. Market Share & Analysis

5.5.2.1.  By Mounting Method

5.5.2.2.  By Industry

6.     South America Flare Monitoring System Market Outlook, 2015-2025F

6.1.   Market Size & Analysis

6.1.1. By Revenues

6.2.   Market Share & Analysis

6.2.1. By Mounting Method

6.2.2. By Industry

6.2.3. By Country

6.2.3.1. Brazil

6.2.3.2. Argentina

6.3.   Brazil Flare Monitoring System Market Outlook, 2015-2025F

6.3.1. Market Size & Analysis

6.3.1.1. By Revenues

6.3.2. Market Share & Analysis

6.3.2.1.  By Mounting Method

6.3.2.2.  By Industry

6.4.   Argentina Flare Monitoring System Market Outlook, 2015-2025F

6.4.1. Market Size & Analysis

6.4.1.1. By Revenues

6.4.2. Market Share & Analysis

6.4.2.1.  By Mounting Method

6.4.2.2.  By Industry

7.     Europe Flare Monitoring System Market Outlook, 2015-2025F

7.1.   Market Size & Analysis

7.2.   Market Size & Analysis

7.2.1. By Revenues

7.3.   Market Share & Analysis

7.3.1. By Mounting Method

7.3.2. By Industry

7.3.3. By Country

7.3.3.1. UK

7.3.3.2. Russia

7.3.3.3. Germany

7.3.3.4. Italy

7.3.3.5. Spain

7.3.3.6. France

7.4.   UK Flare Monitoring System Market Outlook, 2015-2025F

7.4.1. Market Size & Analysis

7.4.1.1. By Revenues

7.4.2. Market Share & Analysis

7.4.2.1.  By Mounting Method

7.4.2.2.  By Industry

7.5.   Russia Flare Monitoring System Market Outlook, 2015-2025F

7.5.1. Market Size & Analysis

7.5.1.1. By Revenues

7.5.2. Market Share & Analysis

7.5.2.1.  By Mounting Method

7.5.2.2.  By Industry

7.6.   Germany Flare Monitoring System Market Outlook, 2015-2025F

7.6.1. Market Size & Analysis

7.6.1.1. By Revenues

7.6.2. Market Share & Analysis

7.6.2.1.  By Mounting Method

7.6.2.2.  By Industry

7.7.   Italy Flare Monitoring System Market Outlook, 2015-2025F

7.7.1. Market Size & Analysis

7.7.1.1. By Revenues

7.7.2. Market Share & Analysis

7.7.2.1.  By Mounting Method

7.7.2.2.  By Industry

7.8.   Spain Flare Monitoring System Market Outlook, 2015-2025F

7.8.1. Market Size & Analysis

7.8.1.1. By Revenues

7.8.2. Market Share & Analysis

7.8.2.1.  By Mounting Method

7.8.2.2.  By Industry

7.9.   France Flare Monitoring System Market Outlook, 2015-2025F

7.9.1. Market Size & Analysis

7.9.1.1. By Revenues

7.9.2. Market Share & Analysis

7.9.2.1.  By Mounting Method

7.9.2.2.  By Industry

8.     Middle East & Africa Flare Monitoring System Market Outlook, 2015-2025F

8.1.   Market Size & Analysis

8.1.1. By Revenues

8.2.   Market Share & Analysis

8.2.1. By Mounting Method

8.2.2. By Industry

8.2.3. By Country

8.2.3.1. Saudi Arabia

8.2.3.2. UAE

8.2.3.3. South Africa

8.3.   Saudi Arabia Flare Monitoring System Market Outlook, 2015-2025F

8.3.1. Market Size & Analysis

8.3.1.1. By Revenues

8.3.2. Market Share & Analysis

8.3.2.1.  By Mounting Method

8.3.2.2.  By Industry

8.4.   UAE Flare Monitoring System Market Outlook, 2015-2025F

8.4.1. Market Size & Analysis

8.4.1.1. By Revenues

8.4.2. Market Share & Analysis

8.4.2.1.  By Mounting Method

8.4.2.2.  By Industry

8.5.   South Africa Flare Monitoring System Market Outlook, 2015-2025F

8.5.1. Market Size & Analysis

8.5.1.1. By Revenues

8.5.2. Market Share & Analysis

8.5.2.1.  By Mounting Method

8.5.2.2.  By Industry

9.     Asia-Pacific Flare Monitoring System Market Outlook, 2015-2025F

9.1.    Market Size & Analysis

9.1.1. By Revenues

9.2.   Market Share & Analysis

9.2.1. By Mounting Method

9.2.2. By Industry

9.2.3. By Country

9.2.3.1. China

9.2.3.2. India

9.2.3.3. Japan

9.2.3.4. South Korea

9.2.3.5. Indonesia

9.2.3.6. Malaysia

9.3.   China Flare Monitoring System Market Outlook, 2015-2025F

9.3.1. Market Size & Analysis

9.3.1.1. By Revenues

9.3.2. Market Share & Analysis

9.3.2.1.  By Mounting Method

9.3.2.2.  By Industry

9.4.   India Flare Monitoring System Market Outlook, 2015-2025F

9.4.1. Market Size & Analysis

9.4.1.1. By Revenues

9.4.2. Market Share & Analysis

9.4.2.1.  By Mounting Method

9.4.2.2.  By Industry

9.5.   Japan Flare Monitoring System Market Outlook, 2015-2025F

9.5.1. Market Size & Analysis

9.5.1.1.     By Revenues

9.5.2. Market Share & Analysis

9.5.2.1.  By Mounting Method

9.5.2.2.  By Industry

9.6.   South Korea Flare Monitoring System Market Outlook, 2015-2025F

9.6.1. Market Size & Analysis

9.6.1.1.     By Revenues

9.6.2. Market Share & Analysis

9.6.2.1.  By Mounting Method

9.6.2.2.  By Industry

9.7.   Indonesia Flare Monitoring System Market Outlook, 2015-2025F

9.7.1. Market Size & Analysis

9.7.1.1.     By Revenues

9.7.2. Market Share & Analysis

9.7.2.1.  By Mounting Method

9.7.2.2.  By Industry

9.8.   Malaysia Flare Monitoring System Market Outlook, 2015-2025F

9.8.1. Market Size & Analysis

9.8.1.1.     By Revenues

9.8.2. Market Share & Analysis

9.8.2.1.  By Application

9.8.2.2.  By Mounting Method

9.8.2.3.  By Industry

10.  Global Flare Monitoring System Market Policies, Regulations, Product Standards

11.  Global Flare Monitoring System Market Trends & Insights

12.  Global Flare Monitoring System Market Dynamics

12.1.Growth Drivers

12.2.Challenges

12.3.Impact Analysis

13.  Global Flare Monitoring System Market Hotspot and Opportunities

14.  Global Flare Monitoring System Market Key Strategic Imperatives for Success and Growth

15.  Competitive Outlook

15.1.Competition Matrix

15.1.1.   Product Portfolio

15.1.2.   Brand Specialization

15.1.3.   Target Markets

15.1.4.   Target Fuel Type

15.1.5.   Research & Development

15.1.6.   Strategic Alliances

15.1.7.   Strategic Initiatives

15.2.Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)

15.2.1.     Emerson Electric

15.2.2.     ABB

15.2.3.     Siemens Group

15.2.4.     Flir Systems

15.2.5.     Zeeco Inc.

15.2.6.     MKS Instruments

15.2.7.     Lumasense Technologies Inc.

15.2.8.     Thermo Fisher Scientific

15.2.9.     Ametek Inc.

15.2.10.   Williamson Corporation

16.  Disclaimer

Flare Monitoring Market Segmentation