Flare Monitoring Market

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Flare Monitoring Market is expected to grow from
USD 758.5 Million in 2017 to USD 1540.42 Million
by 2026, at a CAGR of 8.19 between 2017 and
2026. (Detailed analysis of the market CAGR is
provided in the report)

• Flare monitoring method is used in industries to
  continuously monitor combustible gases released
  by pressure relief valves during unplanned
  over-pressuring of plant equipment and burnt
  unwanted waste gas byproducts Stringency in
  environmental regulations to control harmful
  emissions and increase combustion efficiency of
  flare systems, steady growth of oil, gas, and
  petrochemicals industries and benefits offered
  by remote flare monitoring systems are the key
  driving factors for the growth of Flare
  monitoring market.
• Flare Monitoring Market
• However, technical issues resulting from the
  adherence to restrictive norms while bringing
  down the global cost of systems is a key
  challenging factor for the expansion of the flare
  monitoring market
• Further key findings from the report
• From the industry segment, refineries accounted
  for the largest share of the flare monitoring
  market in 2016. The oil gas industry accounted
  over 93 share of flare monitoring market in
  2016. Refineries account for major share of the
  market for remote and in-process flare monitoring
  devices and systems
• Flare monitoring market for in-process mounting
  accounted for the largest share in 2016 and is
  expected to grow at significant higher CAGR
  during the forecast period. Increase in crude and
  shale oil production, continuous demand from
  refineries, and discovery of new oil fields are
  the major driving factors for this market segment

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• Among Geographical regions, North America held
  the largest share of flare monitoring market in
  2016 and is expected to grow at higher CAGR
  during the forecast period. Europe and APAC held
  the largest share following North America
• Key Highlights
• Analyzes competitive developments such as
  contracts, joint ventures, mergers
  acquisitions, collaborations, product launches
  developments, and research and development (RD)
  in the Flare Monitoring Market
• The objective of the report is to provide a
  detailed analysis of the Flare Monitoring Market
  on the basis of mounting method, industry, and
  geography
• Complete quantitative analysis of the industry
  from 2017 to 2026 to enable the stakeholders to
  capitalize on the prevailing market opportunities
• In-depth analysis of the industry on the basis of
  market segments, market dynamics, market size,
  competition companies involved value chain
• Analysis of the Flare Monitoring Market with
  respect to individual growth trends, prospects,
  and contribution to the total market
• Segment wise business performance detailed in a
  report will be worthwhile for the organizations
  willing to enhance its business
• Provides detailed information regarding the major
  factors influencing the growth of the Flare
  Monitoring Market (drivers, restraints,
  opportunities, and challenges)
• This report would help stakeholders understand
  their competitors better and gain more insights
  to enhance their position in the business
• Years that have been considered for the study are
  as follows

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• Research Methodology
• Bloomberg, Hoovers, Factiva are some of the sites
  that are being referred to gain insights about
  Flare Monitoring Market. Experts from top
  manufacturing companies along with other
  stakeholders have been considered. This is done
  to validate and collect critical information for
  evaluating trends related to this market during
  the forecast period. Top-down and bottom-up
  approaches have been used to estimate the global
  and regional size of this market. Data
  triangulation techniques along with other
  comparative analysis are also used to calculate
  the exact size of the Flare Monitoring Market
  globally.
• Key Players in the Flare Monitoring Market Are
• ABB
• Siemens Group
• Flir Systems
• Honeywell
• Emerson Electric Co.
• Thermo Fisher Scientific
• Zeeco Inc.
• Ametek Inc.
• MKS Instruments
• Williamson Corporation
• Lumasense Technologies Inc.
• EndressHauser Ag

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