banner

News

May 21, 2023

Fire and Gas Systems Market Size, Trends, Analysis, Forecast

Keywords: Fire and Gas Detectors, Advanced Detection, 3D Fire and Gas Mapping, Flame Detectors, Heat Detectors, Smoke Detectors, Strategic Analysis, Market Size, 5 Year Forecast, Industry Trends

The Fire and Gas Systems Global Market Research delivers current market analysis plus a five year market and technology forecast. The research is available in multiple editions including worldwide, all regions, and most major countries.

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.

In addition to providing a five-year market forecast, the Fire & Gas Systems market research provides detailed quantitative current market data and addresses key strategic issues as follows.

End user organizations continue to face a shortfall of qualified personnel, as fewer new workforce entries perceive process automation, process engineering, chemical engineering, or similar technical fields as attractive career paths. Furthermore, it can take up to two years to train a new hire effectively in the field of automation, and once trained, it may be difficult to retain that individual. This "brain drain" is a major challenge for end user organizations, and they are looking at suppliers to take an essential role in filling this skills gap.

For a fire and gas system supplier, the situation spurs growth in more sophisticated forms of automation such as Industrial IoT. Forward-looking companies are investing to bring Industrial IoT to the field device level in the fire and gas systems market. Various Industrial IoT capabilities, such as remote monitoring and remote services, can help establish a more collaborative relationship between end users and suppliers. Industrial IoT solutions are now available for horizontal integration along the value creation chain, for consistent engineering from planning to maintenance, and for vertical integration from the field to the control level.

Suppliers need to have a well-defined strategy as well as offerings in place. They need to have edge devices Industrial IoT ready, gateways to log and capture data from multiple sources, and the cloud to store and analyze data and to deliver meaningful and actionable results to customers.

End users can leverage the expertise of suppliers to help manage plant assets across their entire lifecycle; suppliers can go beyond being just automation providers, enhance their overall project revenues, and enjoy long-term revenue streams through customer service relationships.

ARC sees increased interest among fire and gas detector industry end users in applying wireless sensing technology in their installations. The availability of industrial standard protocols (WirelessHART and ISA100) is a huge catalyst; but some end users still take a "wait and see" approach in hopes that the wireless field communications standards will ultimately converge. ARC believes that this is most unlikely.

Competing standards and battery life limitations have slowed wireless adoption to a certain degree, but since wireless positioners offer greater installation flexibility in hard-to-reach parts of the plant and can greatly reduce wiring costs, ARC encourages end users to continue specifying wireless devices as their technical limitations are overcome.

End users need to evaluate a fire and gas detector company for not only its product portfolio, but also its solution capabilities for automation solutions. They should also evaluate a supplier for the important aspects of the application. These aspects include: How quickly can a more cost-effective route to an optimum solution be achieved with the supplier's product portfolio and its experience in similar applications? Can a high level of integration be achieved? Will a solution be scalable? Does a solution allow end users to customize for their unique requirements very quickly and cost-efficiently? Does a solution offer forward compatibility for maximum investment protection? Does the supplier offer a consulting approach that will help view automation as a business enabler and help create a business case to justify the investments?

This market research may be purchased as a MIRA Service, an Excel Workbook, and/or as a Market Analysis Report (PDF). MIRA Services help unlock the full benefits of ARC's market intelligence, making the data more actionable for you by adding qualitative context to our market data in an online environment unique to each customer. Regional editions include country and industry market data. Formats available are listed below:

Countries included in each region

Table of contents for each edition is shown below.

The research identifies all relevant suppliers serving this market.

List of countries included in each region: MIRA-Country

For more information or to purchase the Fire and Gas System Market Research study, please contact us.

Learn more about ARC In-depth Research at Market Analysis

Learn more about ARC Strategic Services at Advisory Services for Industry Leaders

SHARE