Table of Contents
1 Executive Summary 14
1.1 Market Attractiveness Analysis 16
1.1.1 Global Flare Monitoring Market, By Type 16
1.1.2 Global Flare Monitoring Market, By Application 17
1.1.3 Global Flare Monitoring Market, By Region 19
2 Market Introduction 20
2.1 Definition 20
2.2 Scope of the Study 20
2.3 Market Structure 21
2.4 Key Buying Criteria 21
3 Research Methodology 22
3.1 Research Process 22
3.2 Primary Research 23
3.3 Secondary Research 24
3.4 Market Size Estimation 24
3.5 Forecast Model 25
3.6 List of Assumptions 26
4 Market Insights 27
5 Market Dynamics 31
5.1 Introduction 31
5.2 Drivers 32
5.2.1 Increasing Need for Controlling Waste Gas Combustion Parameters Due to Stringent Local and Global Environmental Regulations 32
5.2.2 Drivers Impact Analysis 34
5.3 Restraints 35
5.3.1 Shift in Focus Towards Eliminating Flaring By Major Countries 35
5.3.2 Restraints Impact Analysis 35
5.4 Opportunities 36
5.4.1 Growing Demand From Emerging Economies 36
5.5 Porterโs Five Forces Model 36
5.5.1 Threat of New Entrants 37
5.5.2 Bargaining Power of Suppliers 37
5.5.3 Bargaining Power of Buyers 38
5.5.4 Threat of Substitutes 38
5.5.5 Intensity of Rivalry 38
5.6 Value Chain Analysis 39
5.6.1 Raw Material Supply 40
5.6.2 Manufacturing and Assembly 40
5.6.3 Fabrication and Testing 40
5.6.4 End-Use 40
6 Global Flare Monitoring Market, by Type 41
6.1 Overview 41
On the basis of Type, the global Flare Monitoring Market is divided into: 41
6.1.1 Type: Market Estimates & Forecast, 2023โ2032 42
6.2 In-Process 43
6.2.1 Mass Spectrometers 43
6.2.2 Gas Chromatographs 43
6.2.3 Gas Analyzers 43
6.3 Remote 43
6.3.1 Remote-IR Imagers 43
6.3.2 MSIR Imagers 43
7 Global Flare Monitoring Market, by Application 45
7.1 Overview 45
On the basis of Application, the global Flare Monitoring Market is divided into: 45
7.1.1 Application: Market Estimates & Forecast, 2023โ2032 46
7.2 Oil & Gas Production Sites 47
7.3 Petrochemical 47
7.4 Refineries 48
8 Global Flare Monitoring Market, by Region 52
8.1 Overview 52
8.2 North America 53
8.2.1 US 56
8.2.2 Canada 58
8.2.3 Mexico 58
8.3 Europe 61
8.3.1 Germany 63
8.3.2 UK 64
8.3.3 France 66
8.3.4 Italy 67
8.3.5 Rest of Europe 68
8.4 Asia-Pacific 71
8.4.1 China 73
8.4.2 India 75
8.4.3 Japan 76
8.4.4 Rest of Asia-Pacific 77
8.5 Rest of the World 78
8.5.1 Middle East & Africa 81
8.5.2 South America 82
9 Competitive Landscape 85
9.1 Competitive Overview 85
9.2 Competitor Dashboard 86
9.3 Major Growth Strategies of the Global Flare Monitoring Market 87
9.4 Competitive Benchmarking 88
9.5 Market Share Analysis 88
9.6 ABB: The Leading Player in terms of Number of Developments in the Global Flare Monitoring Market 88
10 Company Profiles 80
10.1 ABB 80
10.1.1 Company Overview 80
10.1.2 Financial Overview 80
10.1.3 Products Offered 80
10.1.4 Key Developments 81
10.1.5 SWOT Analysis 82
10.1.6 Key Strategies 82
10.2 Thermo Fisher Scientific Inc. 83
10.2.1 Company Overview 83
10.2.2 Financial Overview 83
10.2.3 Products Offered 83
10.2.4 Key Developments 84
10.2.5 SWOT Analysis 84
10.2.6 Key Strategies 84
10.3 Siemens 85
10.3.1 Company Overview 85
10.3.2 Financial Overview 85
10.3.3 Products Offered 85
10.3.4 Key Developments 86
10.3.5 SWOT Analysis 87
10.3.6 Key Strategies 87
10.4 Honeywell International Inc 88
10.4.1 Company Overview 88
10.4.2 Financial Overview 88
10.4.3 Products Offered 88
10.4.4 Key Developments 88
10.4.5 SWOT Analysis 90
10.4.6 Key Strategies 90
10.5 AMETEK.Inc 91
10.5.1 Company Overview 91
10.5.2 Financial Overview 91
10.5.3 Products Offered 91
10.5.4 Key Developments 91
10.5.5 Key Strategies 91
10.6 Zeeco, Inc 92
10.6.1 Company Overview 92
10.6.2 Financial Overview 93
10.6.3 Products Offered 94
10.6.4 Key Developments 94
10.6.5 SWOT Analysis 95
10.6.6 Key Strategies 95
10.7 FLIR Systems Inc 96
10.7.1 Company Overview 96
10.7.2 Financial Overview 97
10.7.3 Products Offered 97
10.7.4 Key Developments 98
10.7.5 SWOT Analysis 98
10.7.6 Key Strategies 98
10.8 LumaSense Technologies, Inc 19
10.8.1 Company Overview 19
10.8.2 Financial Overview 19
10.8.3 Products Offered 19
10.8.4 Key Developments 19
10.8.5 SWOT Analysis 101
10.8.6 Key Strategies 101
10.8 Fluenta AS 102
10.8.1 Company Overview 102
10.8.2 Financial Overview 102
10.8.3 Products Offered 102
10.8.4 Key Developments 103
10.8.5 SWOT Analysis 103
10.8.6 Key Strategies 103
10.9 Williamson Corporation 104
10.9.1 Company Overview 104
10.9.2 Financial Overview 104
10.9.3 Products Offered 104
10.9.4 Key Developments 105
10.9.5 SWOT Analysis 105
10.9.6 Key Strategies 105
10.10 Extrel CMS, LLC. 106
10.10.1 Company Overview 106
10.10.2 Financial Overview 107
10.10.3 Products Offered 107
10.10.4 Key Developments 107
10.10.5 SWOT Analysis 108
10.10.6 Key Strategies 108
10.12 Providence Photonics, LLC. 106
10.12.1 Company Overview 106
10.12.2 Financial Overview 107
10.12.3 Products Offered 107
10.12.4 Key Developments 107
10.12.5 SWOT Analysis 108
10.10.6 Key Strategies 108
11 Appendix 108
11.1 References 108
11.2 Related Reports 108
11.3 List of Abbreviation 110
List of Tables
TABLE 1 LIST OF ASSUMPTIONS 26
TABLE 2 FLARE MONITORING MARKET ESTIMATES & FORECAST, BY TYPE, 2023โ2032 (USD MILLION) 42
TABLE 3 FLARE MONITORING MARKET ESTIMATES & FORECAST, BY APPLICATION, 2023โ2032 (USD MILLION) 46
TABLE 4 GLOBAL FLARE MONITORING MARKET, BY REGION, 2023โ2032 (USD MILLION) 53
TABLE 5 NORTH AMERICA: FLARE MONITORING MARKET, BY COUNTRY, 2032-2024 (USD MILLION) 54
TABLE 6 NORTH AMERICA: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 54
TABLE 7 NORTH AMERICA: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 55
TABLE 8 US: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 56
TABLE 9 US: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 57
TABLE 10 CANADA: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 58
TABLE 11 CANADA: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 58
TABLE 12 MEXICO: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 59
TABLE 13 MEXICO: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 60
TABLE 14 MEXICO: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 60
TABLE 15 EUROPE: FLARE MONITORING MARKET, BY COUNTRY, 2032-2024 (USD MILLION) 61
TABLE 16 EUROPE: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 62
TABLE 17 EUROPE: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 62
TABLE 18 GERMANY: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 63
TABLE 19 GERMANY: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 64
TABLE 20 UK: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 65
TABLE 21 UK: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 65
TABLE 22 FRANCE: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 66
TABLE 23 FRANCE: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 67
TABLE 24 FRANCE: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 67
TABLE 25 ITALY: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 68
TABLE 26 ITALY: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 68
TABLE 27 REST OF EUROPE: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 69
TABLE 28 REST OF EUROPE: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 70
TABLE 29 ASIA-PACIFIC: FLARE MONITORING MARKET, BY COUNTRY, 2032-2024 (USD MILLION) 71
TABLE 30 ASIA-PACIFIC: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 72
TABLE 31 ASIA-PACIFIC: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 72
TABLE 32 CHINA: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 73
TABLE 33 CHINA: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 74
TABLE 34 INDIA: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 75
TABLE 35 INDIA: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 75
TABLE 36 JAPAN: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 76
TABLE 37 JAPAN: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 77
TABLE 38 REST OF ASIA-PACIFIC: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 78
TABLE 39 REST OF ASIA-PACIFIC: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 78
TABLE 40 REST OF THE WORLD: FLARE MONITORING MARKET, BY REGION, 2032-2024 (USD MILLION) 79
TABLE 41 REST OF THE WORLD: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 80
TABLE 42 REST OF THE WORLD: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 80
TABLE 43 MIDDLE EAST & AFRICA: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 81
TABLE 44 MIDDLE EAST & AFRICA: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 82
TABLE 45 SOUTH AMERICA: FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 83
TABLE 46 SOUTH AMERICA: FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 83
TABLE 47 ABB: THE MOST ACTIVE PLAYER IN THE GLOBAL FLARE MONITORING MARKET 89
TABLE 48 ABB: PRODUCTS OFFERED 90
TABLE 49 ABB: KEY DEVELOPMENTS 91
TABLE 50 THERMO FISHER SCIENTIFIC INC: PRODUCTS OFFERED 90
TABLE 51 THERMO FISHER SCIENTIFIC INC: KEY DEVELOPMENTS 94
TABLE 52 SIEMENS: PRODUCTS OFFERED 95
TABLE 53 SIEMENS: KEY DEVELOPMENTS 96
TABLE 54 HONEYWELL INTERNATIONAL INC: PRODUCTS OFFERED 98
TABLE 55 HONEYWELL INTERNATIONAL INC: KEY DEVELOPMENTS 99
TABLE 56 AMETEK.INC: PRODUCTS OFFERED 101
TABLE 57 AMETEK.INC: PRODUCTS OFFERED 117
List of Figures
FIGURE 1 MARKET SYNOPSIS 15
FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL FLARE MONITORING MARKET, 2032 16
FIGURE 3 GLOBAL FLARE MONITORING MARKET ANALYSIS BY TYPE 16
FIGURE 4 GLOBAL FLARE MONITORING MARKET ANALYSIS BY APPLICATION 17
FIGURE 5 GLOBAL FLARE MONITORING MARKET ANALYSIS BY REGION 19
FIGURE 6 GLOBAL FLARE MONITORING MARKET: MARKET STRUCTURE 21
FIGURE 7 KEY BUYING CRITERIA OF FLARE MONITORING 21
FIGURE 8 RESEARCH PROCESS OF MRFR 22
FIGURE 9 TOP DOWN & BOTTOM UP APPROACH 25
FIGURE 10 NORTH AMERICA MARKET SIZE & MARKET SHARE BY COUNTRY (2020 VS 2027) 27
FIGURE 11 EUROPE MARKET SIZE & MARKET SHARE BY COUNTRY (2020 VS 2027) 28
FIGURE 12 ASIA-PACIFIC & MARKET SHARE BY COUNTRY (2020 VS 2027) 29
FIGURE 13 REST OF THE WORLD MARKET SIZE & MARKET SHARE BY COUNTRY (2020 VS 2027) 30
FIGURE 14 DROC ANALYSIS OF GLOBAL FLARE MONITORING MARKET 31
FIGURE 15 GLOBAL AUTOMOTIVE PRODUCTION (2016 VS 2032) 32
FIGURE 16 GLOBAL INFRASTRUCTURE INVESTMENT (2018) 33
FIGURE 17 DRIVERS IMPACT ANALYSIS: FLARE MONITORING MARKET 34
FIGURE 18 RESTRAINTS IMPACT ANALYSIS: FLARE MONITORING MARKET 35
FIGURE 19 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL FLARE MONITORING MARKET 37
FIGURE 20 VALUE CHAIN: GLOBAL FLARE MONITORING MARKET 39
FIGURE 21 GLOBAL FLARE MONITORING MARKET, BY TYPE, 2032 (% SHARE) 41
FIGURE 22 GLOBAL FLARE MONITORING MARKET, BY TYPE, 2023โ2032 (USD MILLION) 42
FIGURE 23 GLOBAL FLARE MONITORING MARKET, BY APPLICATION, 2032 (% SHARE) 45
FIGURE 24 GLOBAL FLARE MONITORING MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 47
FIGURE 25 GLOBAL FLARE MONITORING MARKET, BY REGION, 2023โ2032 (USD MILLION) 52
FIGURE 26 COMPETITOR DASHBOARD: GLOBAL FLARE MONITORING MARKET 86
FIGURE 27 PRODUCT DEVELOPMENT: THE MAJOR STRATEGY ADOPTED BY KEY PLAYERS IN GLOBAL FLARE MONITORING MARKET 87
FIGURE 28 BENCHMARKING OF MAJOR COMPETITORS 88
FIGURE 29 MAJOR MANUFACTURER MARKET SHARE ANALYSIS, 2032 89
FIGURE 30 ABB: FINANCIAL OVERVIEW SNAPSHOT 90
FIGURE 31 ABB: SWOT ANALYSIS 92
FIGURE 32 THERMO FISHER SCIENTIFIC INC.: TOTAL REVENUE VS RESEARCH & DEVELOPMENT AND GEOGRAPHICAL REVENUE (2014โ2032) 93
FIGURE 33 THERMO FISHER SCIENTIFIC INC.: SWOT ANALYSIS 94
FIGURE 34 SIEMENS.: SWOT ANALYSIS 97
FIGURE 35 SIEMENS SWOT ANALYSIS 100
FIGURE 36 HONEYWELL INTERNATIONAL INC: TOTAL REVENUE VS RESEARCH & DEVELOPMENT AND GEOGRAPHICAL REVENUE (2023โ2032) 103
FIGURE 37 HONEYWELL INTERNATIONAL INC: SWOT ANALYSIS 105
FIGURE 38 AMETEK.INC: TOTAL REVENUE VS RESEARCH & DEVELOPMENT AND GEOGRAPHICAL REVENUE (2023โ2032) 107
FIGURE 39 AMETEK.INC: SWOT ANALYSIS 109
FIGURE 40 ZEECO, INC: SWOT ANALYSIS 111
FIGURE 41 FLIR SYSTEMS INC: SWOT ANALYSIS 113
FIGURE 42 LUMASENSE TECHNOLOGIES, INC: SWOT ANALYSIS 115
FIGURE 43 FLUENTA AS: FINANCIAL OVERVIEW SNAPSHOT 117
FIGURE 44 FLUENTA AS: SWOT ANALYSIS 118