Global Flare Monitoring Market Overview: 2025-2030

Base Year: 2024

Historical Years:  2020–23

Forecast Years: 2025-2030

The Global Flare Monitoring Market size was valued at around USD 1.3 billion in 2023 & is estimated to reach around USD 2.5 billion by 2030. The market is also expected to grow at a CAGR of around 10.1% during the forecast period, i.e., 2025-30. The Global Flare Monitoring Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.

Markntel Advisor’s Global Flare Monitoring Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global Flare Monitoring Market drivers, barriers, Global Flare Monitoring Market Trends, and Key Players in Global Flare Monitoring Market.

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Global Flare Monitoring Market Dynamics: 2025-2030

Global Flare Monitoring Market Driver:

Strict Regulations Driving Market Growth – Global warming and climate change have been a growing concern for the world, and industrial emissions are a significant contributor to pollution and greenhouse gases which are the main cause of global warming. This instigated various debates and protests against the inappropriate disposal of industrial waste in the environment. Prompted by the reports from environmental agencies and international organizations, governments around the globe made the regulatory framework surrounding industrial emissions stricter, to lower the emissions and the negative impacts of industrial growth on the environment. Strict regulations nudged the industries to dispose of the gases more responsibly, which requires constant monitoring of emissions from flare stacks, increasing the demand for monitoring equipment, which uses various technologies to observe the combustion efficiency to ensure the gases are properly burnt before releasing into the environment.

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Global Flare Monitoring Market (2025-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Component

-Hardware

--By Mounting Method

----Remote

-----Infrared (IR) Flame Detectors- Market Size & Forecast 2019-2030F, (USD million)

-----Multi-Spectrum Infrared (MSIR) Flame Detectors- Market Size & Forecast 2019-2030F, (USD million)

-----Ultraviolet (UV) Flame Detectors- Market Size & Forecast 2019-2030F, (USD million)

-----Single Infrared (IR) Flame Detectors- Market Size & Forecast 2019-2030F, (USD million)

-----Visual Flame Detectors- Market Size & Forecast 2019-2030F, (USD million)

--In-Process

----Calorimeter- Market Size & Forecast 2019-2030F, (USD million)

---- Spectrometer- Market Size & Forecast 2019-2030F, (USD million)

----Gas Chromatograph- Market Size & Forecast 2019-2030F, (USD million)

---- Flow Meter- Market Size & Forecast 2019-2030F, (USD million)

----Gas Analyser- Market Size & Forecast 2019-2030F, (USD million)

-Software- Market Size & Forecast 2019-2030F, (USD million)

-Services- Market Size & Forecast 2019-2030F, (USD million)

(Based on the component, the hardware segment holds the largest share of the Fare Monitoring Industry on a global scale.)

By End-User

-Refineries- Market Size & Forecast 2019-2030F, (USD million)

-Chemical and Petrochemical Plants- Market Size & Forecast 2019-2030F, (USD million)

-Natural-Gas Processing Plants- Market Size & Forecast 2019-2030F, (USD million)

-Offshore Exploration Platforms- Market Size & Forecast 2019-2030F, (USD million)

-Well Heads and Landfills- Market Size & Forecast 2019-2030F, (USD million)

-Metals and Steel Industry- Market Size & Forecast 2019-2030F, (USD million)

By Deployment Location

-On-shore- Market Size & Forecast 2019-2030F, (USD million)

-Off-shore- Market Size & Forecast 2019-2030F, (USD million)

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific.

(North America would present growth prospects in the Global Flare Monitoring Market during 2025-30.)

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Top Companies Operating in the Global Flare Monitoring Market:

-Zeeco

-Ametek Land,

-Teledyne Flir,

-Providence Photonics,

-Extrel CMS,

-Emerson,

-Thermo Fisher Scientific Inc.,

-Fluenta,

-Baker Hughes,

-Accuopt,

-ABB (Analytical Solution and Products),

-Williamson IR,

-Advanced Energy,

-MKS Instruments,

-Hikvision, and others.

Industry Recent Development:

• April 2024: The VISR method developed by Providence Photonics for flare compliance monitoring has been published by the EPA as method OTM-56. the U.S. EPA has published Other Test Method 56 (OTM-56) for monitoring flare regulatory compliance parameter NHVcz (or NHVdil for perimeter air-assisted flares). This is a significant milestone because there has been no EPA method for flare efficiency monitoring other than procedures specified in recent flare regulations.

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