Flare Monitoring System Market Size Industry Status Growth Opportunity For Leading Players

Research Insights

Flare Monitoring System Market – Introduction

Flare surveillance system is the system’s capacity to detect thermal radiation levels and industry-generated flare size. Reliable flare monitoring is always required to minimize the risk opportunities associated with big flare. Flaring may happen throughout the petrochemical, oil & gas, or other production sectors owing to equipment testing, unit failures, or any unfortunate situations. Flaring is caused by the lack of gas usage infrastructure, plant-related preventive maintenance duties, any type of modification or construction on the plant, failure of safety tools such as gas & fire detectors, corrosion failure or any other interruption. Flare surveillance system must be capable of tracking flare size and effective to automatically generate the signal in order to avoid the hazard.

Flare Monitoring System Market – Competitive Landscape

  • In January 2019, Endress + Hauser AG introduced Micropilot NMR81 that is used for measurement of the liquid gauge more than 80 GHz.
  • In November 2018, TKH Security Solutions released Automatic Flare Stack monitoring system, which can be used in oil & gas and marine industries.
  • In October 2018, FLIR Systems Incorporation introduced black hornet vehicle reconnaissance system that enables the warfighter in order to maintain the circumstantial awareness. It also provides real time data.

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Siemens AG

Founded in 1847, Siemens AG is headquartered in Munich, Germany. Siemens AG is a corporation focused primarily on the fields of electrification, automation and digitalization. The firm also offers resource-saving technologies that are energy-efficient. Siemens is a provider of electrical and transmission technologies as well as medical diagnostics. 

FLIR Systems

Established in 1978, FLIR Systems, headquartered in Wilsonville, Oregon, the U.S., is a company specializes in the design and production of thermal imaging cameras, components and imaging sensors. The company offers various sensing solutions into daily life through their thermal imaging systems, locator systems, advanced threat detection systems, visible-light imaging systems and measurement and diagnostic systems.

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Honeywell International Inc.

Established in 1906, Honeywell International Inc. is a manufacturer of various commercial and consumer products, aerospace systems and engineering services for a wide variety of customers, from private customers to major corporations and governments.

Some of the significant players in the market are ABB Ltd., Honeywell International Inc., FLIR Systems, Inc., Thermo Fisher Scientific Inc., HERNIS Scan Systems AS., Siemens Ltd., Providence Holding, Inc., Emerson Electric Co, AMETEK Inc., MKS Instruments, LumaSense Technologies Inc, Zeeco, Inc, Hauser Management AG and Galvanic Applied Sciences Inc.

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