Flare Monitoring Market by Mounting Method (In-process and Remote) and Industry Vertical (Refinery, Landfill, Petrochemical, and Others) - Global Opportunity Analysis and Industry Forecast, 2018-2025
|
A04331
|
Pages: NA
|
Mar 2020 |
768 Views
|
|
|
|
Author(s) :
NA
|
Tables: NA
|
Charts: NA
|
Formats*:
|
|
Flare monitoring system is the ability of system to detect the level of thermal radiations and the size of flare generated by the industry. There is always the need of reliable flare monitoring so that the chances of risk associated with large flare can be minimized. Flaring can occur across the petrochemical, oil & gas, or other manufacturing industries due to equipment testing, unit malfunctions, or any unfortunate circumstances. Flaring of gas contributes to climate change and also impacts on the environment through the emission of CO2, black carbon, and other harmful pollutants. Flaring can be categorized as initial start-up flaring, continuous production flaring, planned operational flaring, unplanned operational flaring, and safety flaring. Lack of gas utilization infrastructure, preventive maintenance tasks associated with plants, any kind of modifications or constructions on plant, failure of the safety instruments such as gas & fire detectors, failure due to corrosion, or any other interruptions cause flaring. Flare monitoring system must be capable of flare size tracking and efficient to automatic generation of the signal, so that the danger can be avoided.
Stringent government environmental regulations related to industrial gas emission, requirement of real time flare monitoring system, and requirement of enhanced & increased safety norms & global industry standardization, drive the growth of the flare monitoring market. The global environment is facing a huge problem of water pollution, air pollution, and others. The government across the globe is taking harsh steps to curb out this problem. It is not only affecting the air or water quality but it also creating an impact on the livelihood of common people, animals, as well as the whole ecosystem. This creates an adverse health related problem across the globe. However, governments, oil companies, and development institutions around the world are encouraged to endorse the Zero Routine Flaring by 2030 Initiative is expected to restrict the market growth. This Zero Routine Flaring by 2030 initiative is introduced by the World Bank to bring together oil refineries, government, and development institutions that identify the flaring situation, which is hazardous and dangerous, to agree to cooperate to eliminate routine flaring no later than 2030.
The initiative is focused on routine flaring rather than ignoring or infrequent operations. Routine flaring of gas is a normal periodic flaring during normal oil production operations in the absence of sufficient facilities to re-inject the produced gas, use it on the site for some other applications, or deliver it to a market. Expelling is not an acceptable substitute for flaring. Conversely, rise in demand of flare monitoring system due to rapid industrialization across the developing nations such as India, Korea, Brazil, and others are expected to provide potential growth opportunities for the market. For example, Siqura B.V., a public-owned company with its headquarters located in Netherlands, offers first automatic flare stacking monitoring system with flare size tracking and automatic event signaling. The newly launched system is capable of tracking and monitoring the methanol, which is not visible to regular cameras, potential size of flare, weather conditions, smoke detection during day time, and changes in wind directions.
The key players operating in the Flare Monitoring market are Siemens Ltd., ABB, FLIR Systems, Inc., Thermo Fisher Scientific Inc., Honeywell International Inc., Emerson Electric Co, AMETEK Inc., Zeeco, Inc, MKS Instruments, LumaSense Technologies Inc, Fluenta Inc., Hauser Management AG, Williamson Corporation, JOHN ZINK COMPANY, LLC, HERNIS Scan Systems AS., Providence Holding, Inc., Galvanic Applied Sciences Inc., OleumTech., Powertrol, Inc., TKH Security Solutions., and others.
Segment Overview
The report segments the flare monitoring market based on mounting method, industry vertical, and region. Based on mounting method, the market is categorized as in-process and remote. The in-process is further subcategorized into gas analyzer, calorimeter, mass spectrometer, and gas chromatograph. Further, remote flare monitoring is also categorized as multi spectrum infrared (MSIR), thermal imagers (IR), and others. The flare monitoring market is segmented into refinery, landfill, petrochemical, and others based on the industry verticals. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits
- This report provides an extensive analysis of the current and emerging market trends and dynamics in the flare monitoring market.
- In-depth analysis is conducted by constructing market estimations for the key market segments between 2017 and 2025.
- Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
- Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the global flare monitoring market.
Flare Monitoring Market Key Segments:
By Mounting Method
- In-process mounting
- Gas Analyzer
- Calorimeter
- Mass Spectrometer
- Gas Chromatograph
- Remote Mounting
- Multi Spectrum Infrared (MSIR)
- Thermal Imager (IR)
- Others
By Industry Vertical
- Refinery
- Landfill
- Petrochemical
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
REQUEST TOC/SAMPLE
Purchase Full Report of
Flare Monitoring Market- Global Opportunity Analysis and Industry Forecast, 2018-2025
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Single User
-
$5,370$4,833 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Library Membership
- $0.00
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. Subscription @ $699 T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.