Flare Monitoring Market 2017 Global Share, Trend and Opportunities Forecast To 2025


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ReportBazzar has released its latest research-based report entitled “Flare Monitoring” market. Factors contributing to the growth of the flare monitoring market are increasing need for controlling waste gas combustion parameters due to stringent local and global environmental regulations, benefits of direct flare monitoring systems and expansion of oil & gas and petrochemical industries. Furthermore, growing demand from emerging economies are expected to boost the growth of the market over the forecast period. However, shift in focus towards eliminating flaring by major countries and technological challenges in adhering to regulatory norms and reducing overall system cost are expected to hamper the growth of the flare monitoring market.

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The different segment of Flare Monitoring market are monitoring type, end-user and region.

Market segmented on the basis of monitoring type (In-process, Remote): Remote monitoring devices accounted for the largest market share due to the absence of any contact with harsh and corrosive flare vent gases, are comparatively easy to install and maintain, easy to integrate with other systems, can offer quick analysis of data, and are economical flare stack monitoring than conventional in-process monitoring methods.

Market segmented on the basis of end-users (Refineries, Petrochemicals, On-shore Oil & Gas production sites, Landfills): Refineries accounted for the largest market share due to in-process and remote flare monitoring devices and systems. However, the flare monitoring market across onshore oil and gas production sites is estimated to grow at the highest rate because a major composition of worldwide gas flaring is done across upstream activities.

Market segmented on the basis of region (North America, Europe, Asia-Pacific and Rest of the world): North America accounted for the largest market share since it is a highly matured and is undergoing a pragmatic shift toward the installation of flare monitoring devices majorly for in-process flare monitoring devices across refineries.

However, the RoW and Asia Pacific regions are expected to grow at the highest and second-highest rates over the forecast period. The reasons attributed to the growing investments for the expansion of upstream and midstream oil and gas industries in countries and shifting focus of these countries toward the global phenomenon of harmful waste-gas emission reductions.

The major market players of the global Flare Monitoring market are:

Siemens, ABB, FLIR Systems, Thermo Fisher Scientific, Honeywell, John Zink Company, LLC, LumaSense Technologies Inc, Zeeco, Inc, MKS Instruments, Land Instruments International Ltd., Eaton HERNIS Scan Systems AS, Fluenta, Williamson Corporation, Extrel CMS, LLC, Providence Photonics LLC, Powertrol Inc., and TKH Security Solutions and others.

These companies using various strategies such as merger & acquisition, collaboration, partnership and product launch. Whereas, merger & acquisition is the key strategy adopted by the companies in the market.

Complete report with detailed table of content is available @ http://www.reportbazzar.com/reports/RBPR2203201874619069/global-flare-monitoring-market-research-report-trends-and-forecast-2017-2025

Some Points Of Table Of Content:

  1. Research Methodology & Scope
    1.1. Scope of the Study
    1.1.1. Research Objectives
    1.1.2. Assumptions & Limitations
    1.2. Research Process
    1.2.1. Primary Process
    1.2.2. Secondary Process
    1.2.3. Forecast Model
    2. Introduction
    2.1. Market Definition
    2.2. Recent Developments
    3. Executive Summary
    4. Market Factor Analysis
    4.1. Growth Potential Analysis
    4.2. Porter’s Five Forces Analysis
    4.3. Value/Supply Chain Analysis
    4.4. PESTEL Analysis
    5. Industry Impact Forces
    6. Global Flare Monitoring Market By Monitoring Type
    6.1. Introduction
    6.1.1. In-process
    6.1.1.1. Market Estimates & Forecast, 2017-2025
    6.1.2. Remote
    6.1.2.1. Market Estimates & Forecast, 2017-2025

    7. Global Flare Monitoring Market By End-users
    7.1. Introduction
    7.1.1. Refineries
    7.1.1.1. Market Estimates & Forecast, 2017-2025
    7.1.2. Petrochemicals
    7.1.2.1. Market Estimates & Forecast, 2017-2025
    7.1.3. On-shore Oil & Gas Production Sites
    7.1.3.1. Market Estimates & Forecast, 2017-2025
    7.1.4. Landfills
    7.1.4.1. Market Estimates & Forecast, 2017-2025
    7.1.5. Others
    8. Global Flare Monitoring Market By Region
    8.1. Introduction
    8.1.1. North America
    8.1.1.1. Market Estimates & Forecast, 2017-2025
    8.1.1.2. Market Estimates & Forecast, By Monitoring Type, 2017-2025
    8.1.1.3. Market Estimates & Forecast, By End-users, 2017-2025
    8.1.1.4. Market Estimates & Forecast, By Country, 2017-2025
    8.1.2. Europe
    8.1.2.1. Market Estimates & Forecast, 2017-2025
    8.1.2.2. Market Estimates & Forecast, By Monitoring Type, 2017-2025
    8.1.2.3. Market Estimates & Forecast, By End-users, 2017-2025
    8.1.2.4. Market Estimates & Forecast, By Country, 2017-2025
    8.1.3. Asia-Pacific
    8.1.3.1. Market Estimates & Forecast, 2017-2025
    8.1.3.2. Market Estimates & Forecast, By Monitoring Type, 2017-2025
    8.1.3.3. Market Estimates & Forecast, By End-users, 2017-2025
    8.1.3.4. Market Estimates & Forecast, By Country, 2017-2025
    8.1.4. Rest of the World
    8.1.4.1. Market Estimates & Forecast, 2017-2025
    8.1.4.2. Market Estimates & Forecast, By Monitoring Type, 2017-2025
    8.1.4.3. Market Estimates & Forecast, By End-users, 2017-2025
    8.1.4.4. Market Estimates & Forecast, By Country, 2017-2025
    9. Competitive Landscape
    10. Key Players
    10.1. Siemens
    10.1.1. Overview
    10.1.2. Financial Analysis
    10.1.3. Monitoring Type Portfolio
    10.1.4. Strategic Outlook
    10.1.5. SWOT Analysis
    10.2. Siemens
    10.3. ABB
    10.4. FLIR Systems

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Reportbazzar.com is your trusted source for the most inclusive and informative assortment of market research reports designed to empower you with the latest in industry information that translates to time and cost savings for your business. We not only help you give wing to your latent business ideas but also facilitate you in taking the best informed and strategic decisions that guarantee success in your most promising business endeavors. Our intelligence database comprises of vast arrays of strategically analyzed and high-level market research reports that encompass all major industries worldwide. All the specialized research reports available at Reportbazzar.com are tailor-made to suit your every business need, no matter how diverse or demanding it is.