Mexico Flame Detector   Market Size & Outlook, 2023-2030

The flame detector market  in Mexico is expected to reach a projected revenue of US$ 6.4 million by 2030. A compound annual growth rate of 9.3% is expected of Mexico flame detector market  from 2024 to 2030.
Revenue, 2023 (US$M)
$3.4
Forecast, 2030 (US$M)
$6.4
CAGR, 2024 - 2030
9.5%
Report Coverage
Mexico

Mexico flame detector market  highlights

  • The Mexico flame detector market  generated a revenue of USD 3.4 million in 2023 and is expected to reach USD 6.4 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
  • In terms of segment, ultraviolet (uv) flame detectors was the largest revenue generating technology in 2023.
  • Ultraviolet/Infrared (UV/IR) Flame Detectors is the most lucrative technology segment registering the fastest growth during the forecast period.


Flame detector market  data book summary

Market revenue in 2023USD 3.4 million
Market revenue in 2030USD 6.4 million
Growth rate9.3% (CAGR from 2023 to 2030)
Largest segmentUltraviolet (uv) flame detectors
Fastest growing segmentUltraviolet/Infrared (UV/IR) Flame Detectors
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationUltraviolet (UV) Flame Detectors, Infrared (IR) Flame Detectors, Ultraviolet/Infrared (UV/IR) Flame Detectors, Multi-Spectrum Infrared (MSIR) Flame Detectors, Visual Flame Imaging Flame Detectors
Key market players worldwideHoneywell International Inc, Draegerwerk AG & Co KGaA, Siemens AG, REZONTECH, Teledyne Gas and Flame Detection, MSA Safety Inc, Det-tronics, Johnson Controls International PLC, Emerson Electric Co


Other key industry trends

  • In terms of revenue, Mexico accounted for 1.4% of the global flame detector market  in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil flame detector market  is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 6.4 million by 2030.

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Flame Detector Market  Companies

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Mexico flame detector market  outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flame detector market  will help companies and investors design strategic landscapes.


Ultraviolet (uv) flame detectors was the largest segment with a revenue share of 41.18% in 2023. Horizon Databook has segmented the Mexico flame detector market  based on ultraviolet (uv) flame detectors, infrared (ir) flame detectors, ultraviolet/infrared (uv/ir) flame detectors, multi-spectrum infrared (msir) flame detectors, visual flame imaging flame detectors covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Mexico flame detector market  databook

  • Our clientele includes a mix of flame detector market  companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico flame detector market , including forecasts for subscribers. This country databook contains high-level insights into Mexico flame detector market  from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico flame detector market report size, by technology, 2018-2030 (US$M)

Mexico Flame Detector Market  Share, 2023 & 2030 (US$M)

Mexico flame detector market report size, by technology, 2018-2030 (US$M)

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