Flame Detectors Market 2019 Emerging Trends - Key Players: Tyco International, Honeywell International, United Technologies Corporation


Posted May 30, 2019 by robertemma27

Flame detectors are being preferred by companies due to their applications in various industries such as manufacturing, oil & gas, and energy & power.
 
The global flame detectors market is expected to grow at a CAGR of 6.07% between 2015 and 2020, and reach USD 3.2 Billion by 2020.

The flame detectors market gained momentum in 2011 due to the increased spending of enterprises on flame detectors along with the regulation and mandates of various governments on fire prevention. There have been many noticeable changes in flame detectors in the last few years, majorly in product types and application areas.

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The increase in the utilization of single UV and dual UV/ IR detectors in various application areas is majorly driving this market. Some of the major manufacturers of flame detectors are Honeywell International (U.S.), Siemens AG (Germany), Johnson Controls (U.S.), General Monitors (U.S.), Det-tronics (U.S.), Micropack (U.K.), Emerson Electric Co. (U.S.), Spectrex, Inc. (U.S.), Simtronics ASA (Norway), United Technologies Corporation (U.S.), Robert Bosch GmbH (Germany), and Tyco (U.S.) among others.

Tyco International Plc. is ranked no.1 in the global flame detectors market. Tyco provides security products and services, fire detection and suppression products and services, and life safety products. The company's products and services are sold under brand names Tyco, SimplexGrinnell, Sensormatic, Wormald, Ansul, Simplex, Grinnell, Scott, and ADT. It operates through three business segments, namely, North America Installation & Services, Rest of the World Installation & Services, and Global Products. Tyco International's history dates back to the 1960s when Arthur J. Rosenburg founded Tyco, Inc. Tyco International Plc. was formed as part of Tyco International Ltd.'s change of jurisdiction of incorporation, from Switzerland to Ireland by merging with its subsidiary.

Honeywell International Inc. (U.S.) held the second position in the flame detectors market in 2014. Its business includes comprehensive verticals. The company provides fire protection products for buildings, constructions, and maintenance. The company’s strategy is focused on increasing its sales and operations in the overseas markets, and exploring new markets such as China, India, the Middle East, and other high growth regions. The company is expanding its business by new product developments, acquisitions, and partnerships.

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United Technologies Corporation (U.S.) ranked third in the flame detectors market. In order to avoid country- or region-specific business risk and minimize the dependence on a single business vertical, the company has spread its business across different regions and sectors. It provides fire and security solutions through its climate control, and security verticals. The company is expanding its business through strategic joint ventures; recently, the company entered into a joint venture with Toshiba Corp (Japan).

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Issued By Emma
Country United States
Categories Electronics , Semiconductors
Tags flame detectors market
Last Updated May 30, 2019