Market Share of Flare Monitoring Industry
The Flare Monitoring Market consist of number of companies which are operating in the segment. Growth opportunities for companies depend on market condition, government policies and industry development. Most of the players are focusing on improving market position, global presence, and expanding product portfolio.Some of the key development in the market are:
- December 2019 - FLIR Systems Inc. made a strategic investment in Providence Photonics, developers of advanced software used to quantify invisible gas emissions using FLIR Optical Gas Imaging (OGI) cameras.As part of the strategic investment, FLIR will gain exclusive access to certain elements of Providence Photonics' intellectual property, while helping to expand FLIR Systems' set of offerings to its oil and gas industry customers.
- July 2019 - Fluenta announced its partnership with Techstar.With more than 30 years' experience in the oil and gas industry, TechStar will represent Fluenta's gas measurement technology in the key territories of Texas, New Mexico, Arkansas, Oklahoma, and Kansas.
Flare Monitoring Market Leaders
ABB
Siemens AG
Flir Systems
Honeywell International Inc.
Emerson Electric Co.
*Disclaimer: Major Players sorted in no particular order
