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Industrial Burner Market, By Fuel Type (Oil-based, Gas-based and Dual fuel), By Automation (Monoblock and Duoblock), By Burner Type (Regenerative Burners , High Velocity Burner, Thermal Radiation, Radiant Burner, Customized (Burner Boiler), Flat Flame Burner, Line Burner and Others), By Operating Temperature(High Temperature (> 1400F) and Low Temp (< 1400F)), By Application(Boilers, Furnace/Ovens/Kiln, Air Heating/ Drying and Others), By End-Use Industry(Petrochemicals, Power Generation, Chemicals & Specialty Chemicals, Mining and Mineral, Metal, Pharmaceutical, Glass, Ceramics, Food Processing, Automotive, Printing & Publishing and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027<br>
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INDUSTRIAL BURNER MARKET ANALYSIS Industrial Burner Market, By Fuel Type By Automation (Monoblock and Duoblock), By Burner Type (Regenerative Burners , High Velocity Burner, Thermal Radiation, Radiant Burner, Customized (Burner Boiler), Flat Flame Burner, Line Burner and Others), By Operating Temperature(High Temperature(>1400F)&Low Temp (< 1400F)), By Application(Boilers, Furnace/Ovens/Kiln, Air Heating/ Drying and Others), By End-Use Industry(Petrochemicals, Power Generation, Chemicals & Specialty Chemicals, Mining and Mineral, Metal, Pharmaceutical, Glass, Ceramics, Food Processing, Automotive, Printing & Publishing and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Market Overview • The global Industrial Burner Market was accounted for US$ 22,066.7 MN in terms of value and 63.4 Million units in terms of volume in 2019 and is expected to grow at CAGR of 3.04% for the period 2019-2027. • Market Drivers Strict regulatory policies regarding the fabrication of industrial burners are expected to drive growth of the global industrial burner market during the forecast period. Availability of burner management systems to provide improved safety for conventional burners is expected to propel growth of the global industrial burner market over the forecast period
Market Dynamics-Restraints Major challenges involved in retrofitting procedure of industrial burners are expected to hamper the global industrial burner market growth over the forecast period: The authentication of the correct calibration and set-points of all mechanisms and safety devices, whether they were initially a part of the project or not. Thus, these factors are expected to hamper the market growth in the near future.
Market Opportunities • Emergence of smart burners with wireless communications can provide major business opportunities • Use of 3D printing technology in industrial burner fabrication can offer excellent growth opportunities
Market Trends • North America Trends This trend is complemented by growing demand for clean-energy fuel and various proactive government initiatives • Europe Trends Europe is currently one of the regions which are at the forefront of witnessing the growth of industrial automation. Several industrial trends, such as Industry 4.0, are presently acting as the key factor in reshaping the entire process industry in Europe in terms of better efficiency and control.
Competitive Section Key companies involved in the global industrial burner market are Limpsfield Combustion Engineering Ltd, Alzeta Corporation, Wesman Group, Andritz, Selas Heat Technology Company, Baltur S.p.A, QED Combustion, Bloom Engineering, Osaka Gas Co., Ltd, Forbes Marshall, Oilon, Foster Wheeler AG, Mitsubishi Hitachi Power Systems, Ltd, and Honeywell International Inc. (Maxon).
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