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DUBLIN, Aug. 20, 2020 /PRNewswire/ -- The "Flame Detector Market with COVID-19 Impact, by Product (Single UC, Single IR, Dual UV/IR, Triple IR, Multi IR), Industry (Oil & Gas, Energy & Power, Chemicals, Aerospace & Defense, Logistics) and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering. The global flame detector market was valued at USD 1.6 billion in 2019 and is projected to reach USD 2 billion by 2026; it is expected to grow at a CAGR of 4.2% from 2020 to 2026. Key players operating in the flame detector market are Johnson Controls (Ireland), United Technologies (US), Honeywell (US), Siemens (Germany) and Halma (UK). The key factors driving the growth of the flame detector market are policies, regulations, and government initiatives, rising adoption of wireless technology in flame detection systems, and increasing human and property loss due to fire breakouts.Market for single UV to account for largest market share during forecast period The single UV segment is expected to continue to hold the largest market size during the forecast period. The growth of this segment can be attributed to the demand for flame detectors in oil & gas, chemicals, and energy & power industries. These detectors are best suited for locations in which hydrogen and hydrocarbon gases are used.Single UV detectors are mainly used for indoor applications across various industries especially in oil & gas, transportation, manufacturing, mining, and energy & power utilities, where there are huge potential and use of indoor flame detectors. Following the pandemic of COVID-19, the market for flame detectors is expected to face a flat to decreasing growth curve in 2020 and 2021. Since fire protection systems are considered under essential businesses, the market for flame detectors is expected to be back on the growth curve from 2021.Oil & gas industry to hold largest size during forecast period The oil & gas industry is expected to hold the largest market size during the forecast period. In the oil & gas industry, the deployment of flammable and combustible materials is carried out, which includes petroleum, crude oil, flammable gases (such as butane), coal, and many others; these are combustible and thereby, to avoid fire, advanced flame detector systems are installed.However, following the COVID-19 pandemic, the oil & gas industry has faced a major setback. The oil prices have reached an all-time low, and the companies involved in the industry have faced heavy losses. The decreased consumption of fuel has drastically reduced the demand for oil and gas.North America is expected to capture largest market size during forecast period The North American region is expected to hold the largest share of the flame detector market during the forecast period. The US and Canada are expected to be the largest consumers of flame detectors in North America. The increasing demand in the pharmaceutical industry in this region owing to the recent COVID-19 pandemic is expected to result in the large market share of flame detectors in the region.The current pandemic has severely affected almost every industry across the world. Disrupted supply chain, reduced demand from local and global markets, and increased concerns regarding healthcare are a few of the challenges faced by almost every country in the world. The market for flame detectors in North America is estimated to experience a downward growth rate from 2019 to 2020 and exhibit a slightly positive growth rate from 2020 to 2021.Research Coverage The research report on the global flame detector market covers the market based on product, industry, and region. Based on product, the market has been segmented into single UV, single IR, Dual UV/IR, triple IR, and multi IR. Based on industry, the flame detector market has been segmented into oil & gas, energy & power, chemicals, aerospace & defense, logistics, mining, automotive, pharmaceuticals, marine, and other industries. The report covers four major regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).Major players operating in the flame detector market include Halma (UK), Honeywell (US), Johnson Controls (Ireland), Siemens (Germany), United Technologies (US), Emerson Electric (US), Hochiki (Japan), MSA (US), Robert Bosch (Germany), Micropack Engineering (Scotland), Minimax Viking (Germany), Spectrex (US), Ciquirix (UK), Electro Optical Components (US), Fike Corporation (US), Fire & Gas Detection Technologies (US), Optris Infrared Sensing (US), Rezontech (South Korea), Sense-WARE (US), Teledyne Technologies (US), Trace Automation (India), and VFP Fire Systems (US). Key Topics Covered1 Introduction2 Research Methodology3 Executive Summary3.1 Realistic Scenario3.2 Pessimistic Scenario3.3 Optimistic Scenario4 Premium Insights4.1 Attractive Opportunities in Flame Detector Market4.2 Flame Detector Market, by Product4.3 Flame Detector Market, by Industry and Region4.4 Flame Detector Market, by Geography5 Market Overview5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Policies, Regulations, and Government Initiatives5.2.1.2 Rising Adoption of Wireless Technology in Flame Detection Systems5.2.1.3 Increasing Human and Property Loss Due to Fire Breakouts5.2.2 Restraints5.2.2.1 Sluggishness in Oil & Gas and Automotive Industries Owing to COVID-195.2.2.2 High Initial Costs5.2.2.3 Concerns Related to False Alarms and Detection Failure5.2.3 Opportunities5.2.3.1 Integration of Flame Detectors with IoT and Big Data5.2.3.2 Periodic Revision of Regulatory Compliances5.2.4 Challenges5.2.4.1 Integration of User Interfaces With Fire Detection Solutions5.3 Value Chain Analysis5.4 Emerging Trends in Flame Detection5.5 Flame Detectors Used for Operations5.5.1 Ionization Current Flame Detectors5.5.2 Thermocouple Flame Detectors6 Flame Detector Market, by Product6.1 Introduction6.2 Optical Flame Detection Technology6.3 Visual Flame Detection Technology7 Flame Detector Market, by Connectivity7.1 Introduction7.2 Wired Flame Detectors7.3 Wireless Flame Detectors8 Services Related to Implementation of Flame Detectors8.1 Introduction8.2 Engineering Services8.3 Installation and Design Services8.4 Maintenance Services8.5 Inspection and Managed Services9 Flame Detector Market, by Industry9.1 Introduction9.2 Oil & Gas9.3 Energy & Power9.4 Chemicals9.5 Aerospace & Defense9.6 Logistics9.7 Mining9.8 Automotive9.9 Pharmaceuticals9.10 Marine9.11 Others10 Geographic Analysis10.1 Introduction10.2 North America10.3 Europe10.4 APAC10.5 RoW11 Competitive Landscape11.1 Overview11.2 Market Share Analysis for Flame Detector Market11.3 Competitive Leadership Mapping11.3.1 Visionaries11.3.2 Dynamic Differentiators11.3.3 Innovators11.3.4 Emerging Companies11.4 Competitive Situations & Trends11.4.1 Product Launches11.4.2 Acquisitions11.4.3 Collaborations11.4.4 Expansions12 Company Profiles12.1 Key Players12.1.1 Halma12.1.2 Honeywell12.1.3 Johnson Controls12.1.4 Siemens12.1.5 United Technologies12.1.6 Emerson Electric12.1.7 Hochiki12.1.8 MSA12.1.9 Robert Bosch12.1.10 Micropack Engineering12.1.11 Minimax Viking12.1.12 Spectrex12.2 Right-to-Win12.3 Other Key Players12.3.1 Ciqurix12.3.2 Electro Optical Components12.3.3 Fike Corporation12.3.4 Fire & Gas Detection Technologies12.3.5 Optris Infrared Sensing12.3.6 Rezontech12.3.7 Sense-Ware12.3.8 Teledyne Technologies12.3.9 Trace Automation12.3.10 VFP Fire SystemsFor more information about this report visit https://www.researchandmarkets.com/r/ho3rmo Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. 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Answer: Global Flame Detector Market 2020-2026 with Johnson Controls, United Technologies, Honeywell, Siemens and Halma Dominating