Global Flare Monitoring Market By Mounting Method (In-Process and Remote), By End-Use Industry (Oil & Gas Production Sites, Refineries & Petrochemical and Others), By Region, Competition, Forecast & Opportunities, 2024

Global flare monitoring market is forecast to exhibit a CAGR of over 8% during 2019-2024, growing from $ 773 million in 2018 to $ 1219 million by 2024. Flare monitoring is the ability of a system to detect the level of thermal radiations and the size of flare generated during the removal of unwanted gases in various processes by the industry. The flare monitoring market is expected to grow substantially, backed by factors such as strict environmental regulations aimed at curbing harmful emissions and increasing the combustion efficiency of flare systems, benefits offered by remote flare monitoring like close monitoring of flare, prevention of unplanned over-pressuring of plant equipment, etc.
In terms of end-user industry, global flare monitoring market is categorized into oil & gas production sites, refineries & petrochemicals and others. Of these industries, refineries & petrochemicals segment accounted for a majority share in the global flare monitoring market in 2018, on account of the growing consumption of petroleum & petrochemicals products. The segment is anticipated to maintain its dominating market position during the forecast period. The oil & gas production sites category is likely to witness the fastest growth in the global market during 2019-2024, owing to increasing exploration & production activities in the oil & gas industry, globally.
In terms of region, global flare monitoring market is categorized into Asia-Pacific, North America, Europe, Middle East & Africa, and South America. North America dominates the global flare monitoring market, backed by growing government regulations to address poisonous and combustible gases coming out from industries.


Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024


The objective of the Study:
• To analyze and forecast global flare monitoring market size.
• To forecast the global flare monitoring market based on mounting method, end-use industry, and regional distribution.
• To identify drivers and challenges for global flare monitoring market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in a global flare monitoring market.
• To conduct the pricing analysis for a global flare monitoring market.
• To identify and analyze the profile of leading players operating in a global flare monitoring market.


Some of the major companies operating in a global flare monitoring market are

  • Honeywell International Inc.
  • Siemens AG
  • Emerson Electric Company
  • ABB Ltd.
  • Ametek Inc.
  • Thermo Fisher Scientific Inc.
  • Zeeco Inc.
  • Lumasense Technologies Inc.
  • Endress+Hauser Ag
  • KJohn Zink Company LLC.


To performed both primary as well as exhaustive secondary research for this study. Initially, To sourced a list of a flare monitoring system and solution providers across the globe. Subsequently, To conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, To was able to include the system and solution providers which could not be identified due to the limitations of secondary research. To analyze the product offerings, distribution channels and the presence of all major system and solution providers across the globe.
To calculated global flare monitoring market size by using a top-down approach, where data for various applications across various end-user segments were recorded and forecast for the future years. To sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by To.


Key Target Audience:
• Flare monitoring system and solution providers and other stakeholders
• Flare monitoring end-user industries
• Government bodies such as regulating authorities and policymakers
• Organizations, forums and alliances related to flare monitoring market
• Market research and consulting firms


The study is useful in providing answers to several critical questions that are important for industry stakeholders such as flare monitoring system and solution providers, suppliers and end users. The study would also help them in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on the growth of the market.


Report Scope:
In this report, the global flare monitoring market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
•Global flare monitoring market is forecast to exhibit a CAGR of over 8% during 2019-2024, growing from $773 million in 2018 to $ 1219 million by 2024
o In-Process
§ Mass Spectrometers
§ Gas Chromatographs
§ Gas Analyzers
§ Flowmeters
§ Calorimeters
§ Others
o Remote
§ Thermal (IR) Imagers
§ Multi-Spectrum Infrared (MSIR) Imagers
§ Others


Market, by End-use industry
o Oil & Gas Production Sites
o Refineries & Petrochemical
o Others
§ Landfills
§ Metal & Steel Production


Market, by Region
o North America
§ United States
§ Canada
§ Mexico
o Europe
§ Russia
§ Norway
§ United Kingdom
§ Germany
§ Italy
o Middle East & Africa
§ Saudi Arabia
§ Iraq
§ Iran
§ Algeria
o Asia-Pacific
§ China
§ India
§ Indonesia
§ Australia
§ Japan
§ Malaysia
o South America
§ Brazil
§ Colombia
§ Argentina

Competitive Landscape


Company Profiles: Detailed analysis of the major companies present in global flare monitoring market.


Available Customizations:

With the given market data, To offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
Profit Margin Analysis in case of the direct and indirect sales channel.

1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. Factors considered while selecting a supplier
4.2. Product awareness and applicability & usage analysis
4.3. Challenges/issues faced post purchase
4.4. Unmet needs
5. Global Flare Monitoring Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Mounting Method [In-Process – Mass Spectrometers, Gas Chromatographs, Gas Analyzers, Flowmeters, Calorimeters, Others; Remote – Thermal (IR) Imagers, Multi Spectrum Infrared (MSIR) Imagers, Others]
5.2.2. By End-Use Industry [Oil & Gas Production Sites; Refineries & Petrochemical; Others – Landfills, Metal & Steel Production]
5.2.3. By Region (Asia-Pacific; Europe; North America; South America; Middle East & Africa)
5.2.4. By Company (2018)
5.3. Market Attractiveness Index (By Mounting Method; By End-Use Industry; By Region)
6. North America Flare Monitoring Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Mounting Method
6.2.2. By End-Use Industry
6.2.3. By Country
6.3. United States Flare Monitoring Market Outlook
6.3.1. Market Size & Forecast
6.3.1.1. By Value
6.3.2. Market Share & Forecast
6.3.2.1. By Mounting Method
6.3.2.2. By End-Use Industry
6.4. Canada Flare Monitoring Market Outlook
6.4.1. Market Size & Forecast
6.4.1.1. By Value
6.4.2. Market Share & Forecast
6.4.2.1. By Mounting Method
6.4.2.2. By End-Use Industry
6.5. Mexico Flare Monitoring Market Outlook
6.5.1. Market Size & Forecast
6.5.1.1. By Value
6.5.2. Market Share & Forecast
6.5.2.1. By Mounting Method
6.5.2.2. By End-Use Industry
7. Europe Flare Monitoring Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Mounting Method
7.2.2. By End-Use Industry
7.2.3. By Country
7.3. Russia Flare Monitoring Market Outlook
7.3.1. Market Size & Forecast
7.3.1.1. By Value
7.3.2. Market Share & Forecast
7.3.2.1. By Mounting Method
7.3.2.2. By End-Use Industry
7.4. Norway Flare Monitoring Market Outlook
7.4.1. Market Size & Forecast
7.4.1.1. By Value
7.4.2. Market Share & Forecast
7.4.2.1. By Mounting Method
7.4.2.2. By End-Use Industry
7.5. United Kingdom Flare Monitoring Market Outlook
7.5.1. Market Size & Forecast
7.5.1.1. By Value
7.5.2. Market Share & Forecast
7.5.2.1. By Mounting Method
7.5.2.2. By End-Use Industry
7.6. Italy Flare Monitoring Market Outlook
7.6.1. Market Size & Forecast
7.6.1.1. By Value
7.6.2. Market Share & Forecast
7.6.2.1. By Mounting Method
7.6.2.2. By End-Use Industry
7.7. Germany Flare Monitoring Market Outlook
7.7.1. Market Size & Forecast
7.7.1.1. By Value
7.7.2. Market Share & Forecast
7.7.2.1. By Mounting Method
7.7.2.2. By End-Use Industry
8. Middle East & Africa Flare Monitoring Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Mounting Method
8.2.2. By End-Use Industry
8.2.3. By Country
8.3. Saudi Arabia Flare Monitoring Market Outlook
8.3.1. Market Size & Forecast
8.3.1.1. By Value
8.3.2. Market Share & Forecast
8.3.2.1. By Mounting Method
8.3.2.2. By End-Use Industry
8.4. Iraq Flare Monitoring Market Outlook
8.4.1. Market Size & Forecast
8.4.1.1. By Value
8.4.2. Market Share & Forecast
8.4.2.1. By Mounting Method
8.4.2.2. By End-Use Industry
8.5. Iran Flare Monitoring Market Outlook
8.5.1. Market Size & Forecast
8.5.1.1. By Value
8.5.2. Market Share & Forecast
8.5.2.1. By Mounting Method
8.5.2.2. By End-Use Industry
8.6. Algeria Flare Monitoring Market Outlook
8.6.1. Market Size & Forecast
8.6.1.1. By Value
8.6.2. Market Share & Forecast
8.6.2.1. By Mounting Method
8.6.2.2. By End-Use Industry
9. Asia-Pacific Flare Monitoring Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Mounting Method
9.2.2. By End-Use Industry
9.2.3. By Country
9.3. China Flare Monitoring Market Outlook
9.3.1. Market Size & Forecast
9.3.1.1. By Value
9.3.2. Market Share & Forecast
9.3.2.1. By Mounting Method
9.3.2.2. By End-Use Industry
9.4. India Flare Monitoring Market Outlook
9.4.1. Market Size & Forecast
9.4.1.1. By Value
9.4.2. Market Share & Forecast
9.4.2.1. By Mounting Method
9.4.2.2. By End-Use Industry
9.5. Indonesia Flare Monitoring Market Outlook
9.5.1. Market Size & Forecast
9.5.1.1. By Value
9.5.2. Market Share & Forecast
9.5.2.1. By Mounting Method
9.5.2.2. By End-Use Industry
9.6. Australia Flare Monitoring Market Outlook
9.6.1. Market Size & Forecast
9.6.1.1. By Value
9.6.2. Market Share & Forecast
9.6.2.1. By Mounting Method
9.6.2.2. By End-Use Industry
9.7. Japan Flare Monitoring Market Outlook
9.7.1. Market Size & Forecast
9.7.1.1. By Value
9.7.2. Market Share & Forecast
9.7.2.1. By Mounting Method
9.7.2.2. By End-Use Industry
9.8. Malaysia Flare Monitoring Market Outlook
9.8.1. Market Size & Forecast
9.8.1.1. By Value
9.8.2. Market Share & Forecast
9.8.2.1. By Mounting Method
9.8.2.2. By End-Use Industry
10. South America Flare Monitoring Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Mounting Method
10.2.2. By End-Use Industry
10.2.3. By Country
10.3. Brazil Flare Monitoring Market Outlook
10.3.1. Market Size & Forecast
10.3.1.1. By Value
10.3.2. Market Share & Forecast
10.3.2.1. By Mounting Method
10.3.2.2. By End-Use Industry
10.4. Colombia Flare Monitoring Market Outlook
10.4.1. Market Size & Forecast
10.4.1.1. By Value
10.4.2. Market Share & Forecast
10.4.2.1. By Mounting Method
10.4.2.2. By End-Use Industry
10.5. Argentina Flare Monitoring Market Outlook
10.5.1. Market Size & Forecast
10.5.1.1. By Value
10.5.2. Market Share & Forecast
10.5.2.1. By Mounting Method
10.5.2.2. By End-Use Industry
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
13. Competitive Landscape
13.1. Competition Outlook
13.2. Company Profiles
13.2.1. Basic Details
13.2.2. Financials (As reported)
13.2.3. Supply Chain Analysis
13.2.4. Key Market Focus and Geographical Presence
13.2.5. Planned Investments
13.2.6. Pricing of Target Products
13.2.7. Market positioning
13.3. Global Players Profiled (Leading Companies)
13.3.1 Honeywell International Inc.
13.3.2 ABB Ltd.
13.3.3 Siemens AG
13.3.4 Emerson Electric Company
13.3.5 Ametek Inc.
13.3.6 Thermo Fisher Scientific Inc.
13.3.7 Zeeco Inc.
13.3.8 Lumasense Technologies Inc.
13.3.9 Endress+Hauser Ag
13.3.10 KJohn Zink Company, LLC
(Note: The companies list can be customized based on the client requirements)
14. Strategic Recommendations


List Of Figures

Figure 1: Global Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 2: Global Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 3: Global Flare Monitoring Market Share, By In-Process Mounting Type, By Value, 2014-2024F
Figure 4: Global Flare Monitoring Market Share, By Remote Mounting Type, By Value, 2014-2024F
Figure 5: Global Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 6: Global Flare Monitoring Market Share, By Region, By Value, 2018 & 2024F
Figure 7: Global Flare Monitoring Market Share, By Company, By Value, 2018
Figure 8: North America Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 9: North America Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 10: North America Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 11: North America Flare Monitoring Market Share, By Country, By Value, 2014-2024F
Figure 12: United States Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 13: United States GDP, 2014-2018 (Current USD in Trillion)
Figure 14: United States Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 15: United States Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 16: Canada Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 17: Canada GDP, 2014-2018 (Current USD in Trillion)
Figure 18: Canada Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 19: Canada Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 20: Mexico Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 21: Mexico GDP, 2014-2018 (Current USD in Trillion)
Figure 22: Mexico Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 23: Mexico Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 24: Europe Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 25: Europe Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 26: Europe Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 27: Europe Flare Monitoring Market Share, By Country, By Value, 2014-2024F
Figure 28: Russia Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 29: Russia GDP, 2014-2018 (Current USD in Trillion)
Figure 30: Russia Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 31: Russia Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 32: Norway Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 33: Norway GDP, 2014-2018 (Current USD in Trillion)
Figure 34: Norway Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 35: Norway Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 36: United Kingdom Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 37: United Kingdom GDP, 2014-2018 (Current USD in Trillion)
Figure 38: United Kingdom Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 39: United Kingdom Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 40: Italy Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 41: Italy GDP, 2014-2018 (Current USD in Trillion)
Figure 42: Italy Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 43: Italy Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 44: Germany Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 45: Germany GDP, 2014-2018 (Current USD in Trillion)
Figure 46: Germany Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 47: Germany Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 48: Middle East & Africa Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 49: Middle East & Africa Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 50: Middle East & Africa Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 51: Middle East & Africa Flare Monitoring Market Share, By Country, By Value, 2014-2024F
Figure 52: Saudi Arabia Flare Monitoring Market Size, By Value (USD Million), 2014-2024F
Figure 53: Saudi Arabia GDP, 2014-2018 (Current USD in Million)
Figure 54: Saudi Arabia Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 55: Saudi Arabia Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 56: Iraq Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 57: Iraq GDP, 2014-2018 (Current USD in Million)
Figure 58: Iraq Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 59: Iraq Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 60: Iran Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 61: Iran GDP, 2014-2018 (Current USD in Million)
Figure 62: Iran Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 63: Iran Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 64: Algeria Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 65: Algeria GDP, 2014-2018 (Current USD in Million)
Figure 66: Algeria Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 67: Algeria Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 68: Asia-Pacific Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 69: Asia-Pacific Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 70: Asia-Pacific Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 71: Asia-Pacific Flare Monitoring Market Share, By Country, By Value, 2014-2024F
Figure 72: China Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 73: China GDP, 2014-2018 (Current USD in Trillion)
Figure 74: China Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 75: China Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 76: India Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 77: India GDP, 2014-2018 (Thousand Barrels Per Day)
Figure 78: India Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 79: India Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 80: Indonesia Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 81: Indonesia Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 82: Indonesia Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 83: Australia Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 84: Australia GDP, 2014-2018 (Current USD in Trillion)
Figure 85: Australia Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 86: Australia Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 87: Japan Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 88: Japan GDP, 2014-2018 (Current USD in Trillion)
Figure 89: Japan Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 90: Japan Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 91: Malaysia Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 92: Malaysia Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 93: Malaysia Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 94: South America Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 95: South America Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 96: South America Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 97: South America Flare Monitoring Market Share, By Country, By Value, 2014-2024F
Figure 98: Brazil Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 99: Brazil GDP, 2014-2018 (Current USD in Trillion)
Figure 100: Brazil Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 101: Brazil Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 102: Colombia Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 103: Colombia GDP, 2014-2018 (Current USD in Million)
Figure 104: Colombia Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 105: Colombia Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F
Figure 106: Argentina Flare Monitoring Market Size, By Value, 2014-2024F (USD Million)
Figure 107: Argentina GDP, 2014-2018 (Current USD in Million)
Figure 108: Argentina Flare Monitoring Market Share, By Mounting Type, By Value, 2014-2024F
Figure 109: Argentina Flare Monitoring Market Share, By End Use Industry, By Value, 2014-2024F


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