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Middle East and Africa Flare Monitoring Market Research Report – Industry Analysis, Trends and Forecast to 2025

Press Release

Middle East and Africa Flare Monitoring market is expected to reach a CAGR of 5.3% in the forecast period of 2018 to 2025. The new market report contains data for the historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Segmentation
By Mounting method (In-Process and Remote), Industry (Onshore Oil & Gas Production Sites, Refineries, Petrochemical, Landfills, Offshore & Metal and Steel Production), Country (South Africa, Egypt, Israel, Saudi Arabia, United Arab Emirates and Rest of Middle East & Africa)

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Major growing sectors under the market segmentation are as follows;

In mounting method, remote segment is growing at highest CAGR because of casualties and the workforce require and also the launch of several techniques and devices with properties such as no direct contact with the flame, non- invasiveness and preprogrammed system are disrupting the flare monitoring market.

Companies such as Providence Photonics, a U.S based solutions provider of leak qualification and validation of gases, has launched MANTIS which uses Video – Imaging Spectro- radiometry for capturing the characteristics of flares through continuous flare monitoring.

In industry, offshore & onshore oil & gas production sites segment is growing at the highest CAGR because of excess demand of fuels in the world also emits huge amount of flares and also Launch of several devices with properties such as detection of flares which are unable to detect by naked eye, detection of smokeless flares are disrupting the flare monitoring market.

Companies such as FLIR, a U.S based solutions provider for thermal imaging, video analytics and detection systems, has launched FLIR IR cameras which is used for UV flame detection and also gives the gas to waste gas ratio.

Key Market Players

ABB
Powertrol Inc
Eaton
Thermo Fisher Scientific Inc.
Providence Photonics, LLC
Honeywell Technology Solutions Inc
Siemens AG
AMETEK incorporation
Emerson Electric
Endress + Hauser AG

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TABLE OF CONTENT     

1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF MIDDLE EAST-AND AFRICA FLARE MONITORING MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATION
1.6 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 MARKETS COVERED
2.2 GEOGRAPHIC SCOPE
2.3 YEARS CONSIDERED FOR THE STUDY
2.4 CURRENCY AND PRICING
2.5 RESEARCH METHODOLOGY
2.6 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7 DBMR MARKET POSITION GRID
2.8 MARKET APPLICATION COVERAGE GRID
2.9 THE CATEGORY VS TIME GRID
2.10 DBMR MARKET CHALLENGE MATRIX
2.11 DBMR VENDOR SHARE ANALYSIS
2.12 SECONDARY SOURCES
2.13 ASSUMPTIONS
3 MARKET OVERVIEW
3.1 DRIVERS
3.1.1 STRINGENT GOVERNMENT REGULATIONS TOWARDS INDUSTRIAL GAS EMISSIONS
3.1.2 EXPANSION OF OIL & GAS AND PETROCHEMICAL INDUSTRIES
3.1.3 UPSURGE IN DEMAND OF INNOVATIVE FLARE MONITORING SYSTEMS
3.1.4 BENEFITS OFFERED BY THERMAL CAMERA IN FLARE MONITORING SYSTEM
3.2 RESTRAINTS
3.2.1 ZERO ROUTINE FLARING BY 2030
3.2.2 ELIMINATION OF FLARING BY MAJOR COUNTRIES
3.2.3 A SUDDEN CHANGE IN ENVIRONMENTAL CONDITION HAMPERING THE FLARE MONITORING MARKET
3.3 OPPORTUNITY
3.3.1 RAPID INDUSTRIALIZATION IN DEVELOPING ECONOMIES
3.4 CHALLENGE

Continued…

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