Asia Pacific Flare Monitoring Market Size & Outlook
The flare monitoring market in Asia Pacific is expected to reach a projected revenue of US$ 473.0 million by 2030. A compound annual growth rate of 9.7% is expected of Asia Pacific flare monitoring market from 2024 to 2030.
Revenue, 2023 (US$M)
$248.0
Forecast, 2030 (US$M)
$473.0
CAGR, 2024 - 2030
9.7%
Report Coverage
Asia Pacific
Asia Pacific flare monitoring market, 2018-2030 (US$M)
Asia Pacific flare monitoring market highlights
- The Asia Pacific flare monitoring market generated a revenue of USD 248.0 million in 2023.
- The market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
- In terms of segment, in-process was the largest revenue generating mounting method in 2023.
- In-process is the most lucrative mounting method segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 248.0 million |
| Market revenue in 2030 | USD 473.0 million |
| Growth rate | 9.7% (CAGR from 2024 to 2030) |
| Largest segment | In-process |
| Fastest growing segment | In-process |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | In-process |
| Key market players worldwide | AMETEK Inc, Emerson Electric Co, Advanced Energy Industries Inc, Thermo Fisher Scientific Inc, Teledyne Technologies Inc, Honeywell International Inc, John Zink Hamworthy Combustion |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.0% of the global flare monitoring market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 473.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Flare Monitoring Market Scope
Flare monitoring market segmentation & scope
Gas Chromatographs
Flowmeters
Calorimeters
Other In-process
Remote
Other Remote
Thermal (IR) Imagers
Multi-Spectrum Infrared (MSIR) Imagers
Industry
Refineries
Onshore Oil & Gas Production Sites
Other Industry
Petrochemicals
Landfills
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Flare Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
