New ARC Advisory Group research on the Fire and Gas Systems global market indicates that the market is moving toward better detection and better differentiation of gas detector type. Fire and gas detectors are becoming more reliable, but at the same time, companies are also focusing on designing products that can minimize the risk of false alarms, which is one of the major issues that the industry currently faces.
"Device suppliers are opting for different approaches in handling their product portfolios, offering devices with advanced detection capabilities. Several leading suppliers are adding new product models that cater to challenging process conditions or adding new capabilities to existing products. It is now clear that there are demanding applications and new measurement possibilities that can be met by fire and gas systems, possibly at a lower cost than other competitive non-contact technologies," according to Vidya Prasad, Senior Analyst and key author of ARC's Fire and Gas Systems Market Research.
Fire and Gas Systems Market Trends
In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:
- 3D Fire and Gas Mapping
- Addition of More Wireless I/O and Associated Field Devices for Brownfield Process and Equipment Monitoring Applications
- Device Suppliers are Opting for Different Approaches in Handling Their Product Portfolios
- Gas Detector Manufacturers Are Moving Their Products into Cloud-based Systems
- Move Toward Better Detection and Better Differentiation of Gas Detector Type
- Number of Measurement Points and the Reliability of Fire and Gas Systems Is Expected to Increase
- Trend Toward Industrial IoT
- Users Are Realigning their Operations to Adjust to the Dynamics of the Oil & Gas Sector
Leading Suppliers to the Fire and Gas Systems Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Carrier, Draeger Safety Systems, Honeywell, Johnson Controls, MSA.
About the Fire and Gas Systems Research
The Fire and Gas Systems research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts. The report segmentation includes Revenue Category, Sales Channel, World Region, Industry, Customer Type, Communication Protocol, Safety Integrity Level, Overall Scope, Smoke Detector by Type, Gas Detector by Configuration, Flame Detector by Type, Component Type.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:
- MIRA Service: An annual subscription service that provides a unique online environment to each customer, together with all the necessary user interface apps and datasets. MIRA unlocks the full benefits of ARC’s time-tested market intelligence by leveraging the latest analytical tools and technologies to allow you to make more actionable, real-time business decisions. Interactive access to ARC’s qualitative analysis is displayed in context with up-to-date market data, allowing clients to develop customized views of the market to best suit their needs.
- Concise Market Analysis Report (PDF): This wide-screen presentation format provides executives, business unit managers, and other users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.
- Market Intelligence Workbook (Excel Power Pivot, sold with Market Analysis Report PDF): A standard Excel Workbook, including base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate data, making it easier to analyze the latest data for business intelligence and generate custom reports.
For more information on this and other available ARC market research, please visit our Market Analysis Services section.