Industrial Burner Market by Type (Regenerative, High Thermal, Radiant, Direct-Fired), Fuel Type (Oil, Gas, Dual, Solid), End Use (F&B, Petrochemical, Power, Chemical, Metals & Mining), Operating Temperature, Automation, Region - Global Forecast to 2027
The global industrial burner market in terms of revenue was estimated to be worth $5.9 billion in 2022 and is poised to reach $7.9 billion by 2027, growing at a CAGR of 6.1% from 2022 to 2027. The growth of the industrial burner market can be attributed to the increasing deployment of natural gas-based industrial burners, especially in Europe. The rapidly expanding manufacturing sector is also fueling demand for industrial burners.
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Industrial Burner Market Dynamics
Driver: Increasing power generation worldwide fueling demand for industrial burners
In 2022, the global electricity demand will rebound significantly. After declining by roughly 1% in 2020, worldwide electricity demand is expected to rise by close to 4% in 2022. The Asia Pacific region is expected to account for the largest share in the overall electricity demand. In 2022, China, one of the world's largest energy consumers, will account for almost 50% of worldwide growth. India, the third-largest consumer, will account for 9% of global growth.
According to the IEA, in the Stated Policies Scenario, the global electricity demand is projected to grow at 2.1% per year through 2040, which is twice the rate of primary energy demand. This would increase the share of electricity in total final energy consumption from 19% in 2022 to 24% in 2040. The demand for energy is being driven by rising income, growing industrial production, and an rapidly expanding services sector. According to the US Energy Information Administration (EIA), global energy consumption is expected to increase by roughly 50% between 2018 and 2050. The majority of this growth is concentrated in regions with substantial economic growth, notably in Asia Pacific. In 2021, Asia Pacific was the world's largest electricity consumer, accounting for about half of all global consumption. Southeast Asia's electricity demand has grown at a rate of 6% per year on average, according to the International Energy Agency.
Moreover, power plant boilers use various fuels such as coal, natural gas, petroleum, and biomass/wastes to produce high-pressured steam, so that plants can generate electricity. As a result, the increasing use of boilers in power generation plants will boost the demand for industrial burners, which are an integral part of industrial boilers.
Restraint: Significant capital investment requirement for boiler-based burners
The production of boiler-based industrial burners is a capital-intensive process. Companies should focus on identifying the raw material that they can procure economically and have an uninterrupted supply for a long period of time. Selecting and procuring raw materials and other auxiliary components of industrial boilers, including industrial burners, require significant R&D and funding. Once this is done, significant R&D, engineering, and designing activities are undertaken for the project, which are time- and capital-intensive.
The construction of industrial boiler plants also requires high investments in terms of engineering, procurement, and construction (EPC) or turnkey services, investment in technology, and procurement of fuel, among others. Post-construction phases such as maintenance, installation of technology, after-sales services also require considerable capital investment.
The cost of industrial boilers varies largely due to design parameters and varying levels of after-sales support. Budget industrial boilers offer shorter lifespans, shorter warranties, and a lower level of customer support as compared to the standard industrial boilers. The expenditure pattern of boiler affects the procurement cost of an industrial burner. All these factors impact the overall cost of industrial burners and result into high procurement and maintenance costs.
Opportunities: Development of sophisticated liquid and gas burners with 3D printing technology
3D printing technology has helped to develop many complex products and lower production costs significantly. Burners with well-designed flames for liquid and gas are produced using 3D printing technology. For instance, Euro-K GmbH, a prominent manufacturer of power conversion devices, has developed compact technology burners to boost fuel consumption and provide significant flexibility in performance. As the amplifier generates a mixture of fuel and air, the micro-burner can burn both gas and liquid fuel.
Moreover, 3D technology is also used in the marine sector, wherein improved and technologically advanced industrial burners are used and act as catalyst in the process of diesel or oil being injected into furnaces that ignite the ship's boilers, producing steam that turns the turbines that propel the ship. All these factors are likely to present great opportunities for industrial burners developed with 3D printing technology.
Challenges: Complexities associated with retrofitting, maintenance, and replacement of industrial burners
The existing industrial burners use carbon steel rotary registers and operate on ambient, forced draught combustion air. The challenges pertaining to the complex retrofitting procedure of industrial burners vary from project to project. For instance, Zeeco, one of the leading manufacturers of industrial burners, faced issues related to retrofitting procedure of industrial burners as the existing designs were quite complex. The project was implemented in 2020 for a large refinery on the US Gulf Coast on a burner retrofit project for a crude heater process furnace. The original burner rotary registers had stopped working and were stuck in one position. Moreover, even after restoring the registers to working order, the carbon steel substance oxidized in the high humidity and saline of Gulf Coast air, causing them to freeze again in a short period of time. Additionally, there was not enough time during the projected turnaround time for this retrofit project to make any floor adjustments to the furnace. As a result, the proposed solution could not include any heater floor or refractory modifications, and the retrofit burners would have to be compatible with the furnace's existing burner installation. All these factors can pose a challenge to the industrial burner market.
Market Trends
Market Interconnection
Power generation segment, by end-user industry, is expected to grow at the highest CAGR during the forecast period
The power generation segment is expected to register the highest CAGR during the forecast period. Industrial burners are used in boilers in gas turbine-based power plants, steam power plants, coal-fired power plants, and diesel-fired power plants in order to produce high pressured steam in order to generate electricity. The rising demand for power is triggering the need for additional power generation. This, coupled with the need to replace and modernize existing power plants, has resulted in the extensive use of combined-cycle gas turbine (CCGT) power plants.
By operating temperature, high temperature (> 1,400°F) segment is expected to be the most significant contributor to the global industrial burner market during the forecast period
By operating temperature, the industrial burner market has been segmented into low temperature (< 1,400°F) and high temperature (> 1,400°F). High temperature (> 1,400°F) is expected to be the largest and fastest-growing segment during the forecast period. These burners are commonly used in forging various metals and heat treatment in ceramics, metals and mining, glass, food & beverage, chemical, textile, and paper applications. The growth of the market can be mainly attributed to the surging demand for furnaces, ovens, kilns and other heating equipment from the chemicals, food & beverages, metals & mining, glass, and textiles industries in developing economies in Asia Pacific such as China and India.
Dual fuel burners are expected to witness the second largest market growth, by fuel type, during the forecast period
Dual fuel burners allow the utilization of cheap fuel sources combined with a secondary fuel, which is more costly but has a permanent and reliable supply. The efficiency of single-fuel industrial burners is relatively low as compared to dual-fuel burners. In developed economies, the adoption of dual fuel industrial burners is promoted to lower their imprint on depleting fossil fuels and other natural energy resources.
“Asia Pacific: The largest and fastest industrial burner market”
Asia Pacific is expected to dominate the global industrial burner market between 2022–2027, followed by North America and the Europe. The industrial burner market in Asia Pacific is witnessing significant developments in the manufacturing sector due to industrialization, which has supported the demand for industrial burners across countries of the region. The increasing investments in LNG, chemicals, and mining along with the growth of the domestic manufacturing sector is fueling the growth for industrial burners in countries such as China, India, South Korea, and Vietnam.
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Key Market Players
The industrial burner market is dominated by a few major players that have a wide regional presence. The major players in the industrial burner market are ANDRITZ Group (Austria), NIBE Group (Sweden), Honeywell International Inc. (US), Ariston Group N.V. (Italy), Fives (France), Weishaupt (Germany), Riello S. p. A. (Italy), Selas Heat Technology Company (US), Oilon Group Oy (Finland), C.I.B. Unigas S.p.A. (Italy), and EBICO (Italy). Between 2018 and 2022, the companies adopted growth strategies such as sales contracts to capture a larger share of the industrial burner market.
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|
Report Metric |
Details |
|
Market size available for years |
2020–2027 |
|
Base year considered |
2021 |
|
Forecast period |
2022–2027 |
|
Forecast units |
Value (USD) |
|
Segments covered |
Fuel Type, Burner Type, Automation, Operation Temperature, End-user Industry, and Region |
|
Geographies covered |
Asia Pacific, North America, Europe, Middle East & Africa, and South America |
|
Companies covered |
ANDRITZ Group (Austria), NIBE Group (Sweden), Honeywell International Inc. (US), Ariston Group N.V. (Italy), Fives (France), Weishaupt (Germany), Selas Heat Technology Company (US), Riello S. p. A. (Italy), Oilon Group Oy (Finland), EBICO (Italy), Baltur S.p.A. (Italy), Sookook Corporation (South Korea), John Zink Hamworthy Combustion (US), Bloom Engineering (US), Zeeco (US), SAACKE GmbH (Germany), C.I.B. Unigas S.p.A. (Italy), Limpsfield Combustion Engineering (UK), ALZETA Corporation (US), Faber Burner Company (US), MFBurners (China), Oxilon Pvt Ltd (India), Wayne Combustion Systems (US), Power Flame Inc. (US), and WESMAN GROUP (India). |
This research report categorizes the industrial burner market by fuel type, burner type, automation, operation temperature, end-user industry, and region
On the basis of fuel type:
- Oil
- Gas
- Solid Fuel
- Dual Fuel
On the basis of burner type:
- Regenerative Burner
- High Thermal Release Burner
- Radiant Burner
- Direct-fired Burner
- Self-recuperative Burner
- Others (Ribbon burners, line burners, duct burners, pipe burners, and high-velocity burners)
On the basis of operating temperature:
- High Temperature (> 1,400°F)
- Low Temperature (< 1,400°F)
On the basis of by power rating:
- Monoblock
- Duoblock
On the basis of by sales channel:
- Food & Beverages
- Petrochemicals
- Power Generation
- Chemicals
- Metals & Mining
- Automotive
- Others (Textiles, glass, paper and pulp, ceramics, and rubber)
On the basis of region:
- Asia Pacific
- Europe
- North America
- Middle East & Africa
- South America
Recent Developments
- In November 2021, Fives received an order to provide a French cement plant with an 8.5 MW Pillard ROTAFLAM for a clay calcination kiln. The burner is expected to be delivered mid-2022 and commissioned during the second half of the year.
- In November 2020, ANDRITZ Group acquired Enviroburners Oy which designs and manufactures advanced industrial burner solutions for energy production and environmental protection.
- In November 2019, Weishaupt opened a new branch office in Regensburg in Germany. The new office provides customer support and training services to the Upper Palatinate and Lower Bavaria administrative districts and the Ingolstadt region.
- In January 2018, Selas Heat Technology introduced the new Red-Ray high intensity gas-fired infrared burner designed exclusively for paper drying. This new technology uses a unique 3D printed Siliconized Silicon-Carbide (Si-SiC) lattice design that enables the burner to reach an industry leading maximum temperature of 2,450 °F (1,350 °C), providing mill operators the flexibility to increase throughput or decrease energy usage.
Frequently Asked Questions (FAQ):
What is the current size of the industrial burner market?
The current market size of global industrial burner market is USD 5.6 billion in 2021.
What is the major drivers for industrial burner market?
The global industrial burner market is driven by the Surging adoption of dual-fuel industrial burners to lower imprint of depleting fossil fuels and increased deployment of natural gas-based industrial burners, especially in Europe. The rapidly expanding manufacturing sector is also fueling demand for industrial burners.
Which is the fastest-growing region during the forecasted period in industrial burner market?
Asia Pacific is the fastest-growing region during the forecasted period owing the high economic growth rate of China has led to an increase in the demand for power generation equipment in the country thus subsequently increasing the demand for boiler and burner systems. Increasing investments in LNG, chemical, and mining projects are also likely to increase the demand for industrial burners.
Which is the fastest-growing segment, by fuel type during the forecasted period in industrial burner market?
The gas segment is witnessing a high demand during the forecasted period owing the advantages of gas burners, along with the development of the gas distribution network, are expected to prompt end users to install gas burners for various applications, which would drive the growth of the gas-fired burner market. The increasing technological advancements in hydrogen burners and government initiatives toward the production of H2 provide new opportunities to burner manufacturers. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 27)
1.1 STUDY OBJECTIVES
1.2 DEFINITION
1.2.1 INDUSTRIAL BURNER MARKET, BY BURNER TYPE: INCLUSIONS & EXCLUSIONS
1.2.2 MARKET, BY AUTOMATION: INCLUSIONS & EXCLUSIONS
1.2.3 MARKET, BY FUEL TYPE: INCLUSIONS & EXCLUSIONS
1.2.4 MARKET, BY OPERATING TEMPERATURE: INCLUSIONS & EXCLUSIONS
1.2.5 MARKET, BY END-USER INDUSTRY: INCLUSIONS & EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.4 YEARS CONSIDERED
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 33)
2.1 RESEARCH DATA
FIGURE 1 INDUSTRIAL BURNER MARKET: RESEARCH DESIGN
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 2 DATA TRIANGULATION METHODOLOGY
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Key data from primary sources
2.2.2.2 Breakdown of primaries
2.3 IMPACT OF COVID-19 ON INDUSTRY
2.4 SCOPE
FIGURE 3 MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR INDUSTRIAL BURNERS
2.5 MARKET SIZE ESTIMATION
2.5.1 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.5.2 TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.5.3 DEMAND-SIDE ANALYSIS
2.5.3.1 Assumptions for demand side
2.5.3.2 Calculation for demand-side
2.5.4 SUPPLY-SIDE ANALYSIS
FIGURE 6 KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF INDUSTRIAL BURNERS
FIGURE 7 MARKET: SUPPLY-SIDE ANALYSIS
2.5.4.1 Supply-side calculation
2.5.4.2 Assumptions for supply side
FIGURE 8 COMPANY REVENUE ANALYSIS, 2020
2.6 FORECAST
3 EXECUTIVE SUMMARY (Page No. - 43)
TABLE 1 INDUSTRIAL BURNER MARKET SNAPSHOT
FIGURE 9 ASIA PACIFIC DOMINATED MARKET IN 2021
FIGURE 10 RADIANT BURNER SEGMENT IS PROJECTED TO HOLD LARGEST SHARE OF MARKET, BY BURNER TYPE, DURING FORECAST PERIOD
FIGURE 11 MONOBLOCK IS EXPECTED TO LEAD MARKET, BY AUTOMATION, DURING FORECAST PERIOD
FIGURE 12 GAS SEGMENT IS PROJECTED TO REGISTER HIGHEST CAGR IN MARKET, BY FUEL TYPE, DURING FORECAST PERIOD
FIGURE 13 CHEMICALS SEGMENT IS PROJECTED TO HOLD LARGEST SIZE OF MARKET, BY END-USER INDUSTRY, DURING FORECAST PERIOD
FIGURE 14 HIGH TEMPERATURE (>1400°F) SEGMENT IS PROJECTED TO WITNESS THE HIGHEST CAGR IN MARKET, BY OPERATING TEMPERATURE, DURING FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 48)
4.1 ATTRACTIVE OPPORTUNITIES IN INDUSTRIAL BURNER MARKET
FIGURE 15 SURGING ADOPTION OF DUAL-FUEL INDUSTRIAL BURNERS TO DRIVE MARKET
4.2 MARKET, BY REGION
FIGURE 16 ASIA PACIFIC MARKET IS PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4.3 ASIA PACIFIC MARKET, BY BURNER TYPE AND COUNTRY
FIGURE 17 DIRECT-FIRED BURNER SEGMENT IN CHINA DOMINATED ASIA PACIFIC MARKET IN 2021
4.4 MARKET, BY FUEL TYPE
FIGURE 18 OIL SEGMENT IS PROJECTED TO CONTINUE TO HOLD LARGER SIZE OF MARKET, BY FUEL TYPE, UNTIL 2027
4.5 MARKET, BY AUTOMATION
FIGURE 19 MONOBLOCK SEGMENT IS PROJECTED TO CONTINUE TO HOLD LARGER SIZE OF MARKET, BY AUTOMATION, UNTIL 2027
4.6 ARKET, BY OPERATING TEMPERATURE
FIGURE 20 HIGH TEMPERATURE (>1400°F) IS PROJECTED TO CONTINUE TO HOLD LARGER SIZE OF MARKET, BY OPERATING TEMPERATURE, UNTIL 2027
4.7 MARKET, BY BURNER TYPE
FIGURE 21 RADIANT BURNER SEGMENT TO DOMINATE MARKET, BY BURNER TYPE, IN 2027
4.8 MARKET, BY END-USER INDUSTRY
FIGURE 22 CHEMICALS SEGMENT TO HOLD LARGEST SHARE OF MARKET, BY END-USER INDUSTRY, IN 2027
5 MARKET OVERVIEW (Page No. - 52)
5.1 INTRODUCTION
5.2 COVID-19 HEALTH ASSESSMENT
FIGURE 23 COVID-19 GLOBAL PROPAGATION
FIGURE 24 COVID-19 PROPAGATION IN SELECTED COUNTRIES
5.3 COVID-19 ECONOMIC ASSESSMENT
FIGURE 25 COMPARISON OF GDP FOR SELECT G20 COUNTRIES IN 2020
5.4 MARKET DYNAMICS
FIGURE 26 INDUSTRIAL BURNER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.4.1 DRIVERS
5.4.1.1 Increasing power generation worldwide fueling demand for industrial burners
FIGURE 27 ELECTRICITY CONSUMPTION (TWH), 2017–2020
5.4.1.2 Surging adoption of dual-fuel industrial burners to lower imprint of depleting fossil fuels
TABLE 2 FOSSIL FUEL EMISSION LEVELS (POUNDS PER BILLION BTU OF ENERGY), 2021
FIGURE 28 COMPARISON OF DEMAND FOR BIOFUEL VS. OTHER FUELS, 2020 & 2026
5.4.1.3 Increased deployment of natural gas-based industrial burners, especially in Europe
TABLE 3 TOP 10 NATURAL GAS CONSUMERS IN WORLD (2020)
FIGURE 29 BIOFUEL DEMAND, BY REGION, 2019 TO 2026
5.4.2 RESTRAINTS
5.4.2.1 Significant capital investment requirement for boiler-based burners
5.4.2.2 Implementation of stringent government regulations pertaining to environmental pollution
5.4.3 OPPORTUNITIES
5.4.3.1 Aging power generation infrastructure and increasing refurbishment of industrial burners used in other applications
5.4.3.2 Development of sophisticated liquid and gas burners with 3D printing technology
5.4.3.3 Adoption of biofuels, hazardous waste, and hydrogen-based industrial burners
5.4.4 CHALLENGE
5.4.4.1 Complexities associated with retrofitting, maintenance, and replacement of industrial burners
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.5.1 REVENUE SHIFT AND NEW REVENUE POCKETS IN INDUSTRIAL BURNER MARKET
FIGURE 30 REVENUE SHIFT FOR INDUSTRIAL BURNER PROVIDERS
5.6 VALUE CHAIN ANALYSIS
FIGURE 31 VALUE CHAIN ANALYSIS: INDUSTRIAL BURNER MARKET
5.6.1 RAW MATERIAL SUPPLIERS
5.6.2 INDUSTRIAL BURNER PROVIDERS
5.6.3 DISTRIBUTORS
5.6.4 END USERS
5.7 MARKET MAP
FIGURE 32 MARKET MAP: INDUSTRIAL BURNER MARKET
5.8 PRICING ANALYSIS
5.8.1 AVERAGE SELLING PRICE: REGIONAL ANALYSIS
5.8.2 REGION-WISE AVERAGE SELLING PRICE TREND
TABLE 4 REGION-WISE AVERAGE SELLING PRICE OF INDUSTRIAL BURNERS
5.9 TECHNOLOGY ANALYSIS
5.10 CODES AND REGULATORY FRAMEWORK
5.10.1 CODES AND REGULATIONS RELATED TO INDUSTRIAL BURNERS
TABLE 5 INDUSTRIAL BURNER MARKET: REGULATORY FRAMEWORK
5.10.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 6 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 7 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 8 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.11 PORTER’S FIVE FORCES ANALYSIS
FIGURE 33 INDUSTRIAL BURNER MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 10 INDUSTRIAL BURNER MARKET: PORTER’S FIVE FORCES ANALYSIS
5.11.1 THREAT OF NEW ENTRANTS
5.11.2 BARGAINING POWER OF SUPPLIERS
5.11.3 BARGAINING POWER OF BUYERS
5.11.4 THREAT OF SUBSTITUTES
5.11.5 INTENSITY OF COMPETITIVE RIVALRY
5.12 KEY STAKEHOLDERS & BUYING CRITERIA
5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 34 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS, BY TOP END USER
TABLE 11 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS, BY TOP END USERS (%)
5.12.2 BUYING CRITERIA
FIGURE 35 KEY BUYING CRITERIA FOR TOP 4 END USERS
TABLE 12 KEY BUYING CRITERIA, BY POWER RATING
5.13 CASE STUDY ANALYSIS
5.13.1 HEATING SPECIALISTS WEISHAUPT EXPANDED ITS INTERNET OF THINGS (IOT) ACTIVITY WITH NEW GENERATION OF GAS CONDENSING BOILERS
5.13.2 INDUSTRIAL PROCESS HEAT: PROCESS STEAM IN DAIRY FACTORY VIA FAST PYROLYSIS BIO-OIL
5.13.3 RIELLO BURNERS HELP TO MEET STRICT GLA EMISSION REQUIREMENTS
5.14 INNOVATIONS AND PATENT REGISTRATIONS
TABLE 13 INDUSTRIAL BURNERS: INNOVATIONS AND PATENT REGISTRATIONS
5.15 KEY CONFERENCES & EVENTS IN 2022–2023
TABLE 14 INDUSTRIAL BURNER MARKET: DETAILED LIST OF CONFERENCES & EVENTS
6 INDUSTRIAL BURNER MARKET, BY BURNER TYPE (Page No. - 77)
6.1 INTRODUCTION
FIGURE 36 INDUSTRIAL BURNER MARKET, BY BURNER TYPE, 2021
TABLE 15 MARKET, BY BURNER TYPE, 2020–2027 (USD MILLION)
6.2 REGENERATIVE BURNER
6.2.1 REGENERATIVE BURNERS ARE SPECIFICALLY ADOPTED IN HIGH-TEMPERATURE FURNACES
TABLE 16 REGENERATIVE BURNER: MARKET, BY REGION, 2020–2027 (USD MILLION)
6.3 HIGH THERMAL RELEASE BURNER
6.3.1 HIGH THERMAL RELEASE BURNERS HAVE LOW NOX EMISSIONS
TABLE 17 HIGH THERMAL RELEASE BURNER: MARKET, BY REGION, 2020–2027 (USD MILLION)
6.4 RADIANT BURNER
6.4.1 RADIANT BURNERS CAN BE USED IN BOTH LOW- AND HIGH-TEMPERATURE APPLICATIONS
TABLE 18 RADIANT BURNER: MARKET, BY REGION, 2020–2027 (USD MILLION)
6.5 DIRECT-FIRED BURNER
6.5.1 DIRECT-FIRED BURNERS OFFER ADVANTAGES OF LOW FUEL CONSUMPTION AND OPERATING COST
TABLE 19 DIRECT-FIRED BURNER: MARKET, BY REGION, 2020–2027 (USD MILLION)
6.6 SELF-RECUPERATIVE BURNER
6.6.1 SELF-RECUPERATIVE BURNERS ARE EASY TO INCORPORATE INTO RETROFIT INSTALLATIONS
TABLE 20 SELF-RECUPERATIVE BURNER: MARKET, BY REGION, 2020–2027 (USD MILLION)
6.7 OTHERS
TABLE 21 OTHER BURNER TYPES: MARKET, BY REGION, 2020–2027 (USD MILLION)
7 INDUSTRIAL BURNER MARKET, BY FUEL TYPE (Page No. - 85)
7.1 INTRODUCTION
FIGURE 37 INDUSTRIAL BURNER MARKET, BY FUEL TYPE, 2021
TABLE 22 MARKET, BY FUEL TYPE, 2020–2027 (USD MILLION)
7.2 OIL
7.2.1 OIL-FIRED BURNERS CAN BE USED IN ANY LOCATION
TABLE 23 OIL: MARKET, BY REGION, 2020–2027 (USD MILLION)
7.3 GAS
7.3.1 EXPANDING NATURAL GAS DISTRIBUTION NETWORK TO ACCELERATE DEMAND FOR GAS-FIRED INDUSTRIAL BURNERS
TABLE 24 GAS: MARKET, BY REGION, 2020–2027 (USD MILLION)
7.4 DUAL FUEL
7.4.1 DUAL FUEL BURNERS OFFER INCREASED EFFICIENCY AND RELIABILITY
TABLE 25 DUAL FUEL: MARKET, BY REGION, 2020–2027 (USD MILLION)
7.5 SOLID FUEL
7.5.1 INCREASING ADOPTION OF BIOMASS AND INDUSTRIAL WASTE BURNERS TO FUEL DEMAND FOR SOLID FUEL BURNERS
TABLE 26 SOLID FUEL: MARKET, BY REGION, 2020–2027 (USD MILLION)
8 INDUSTRIAL BURNER MARKET, BY AUTOMATION (Page No. - 91)
8.1 INTRODUCTION
FIGURE 38 INDUSTRIAL BURNER MARKET, BY AUTOMATION, 2021
TABLE 27 MARKET, BY AUTOMATION, 2020–2027 (USD MILLION)
8.2 MONOBLOCK
8.2.1 MONOBLOCK BURNERS ARE COMPACT, HAVE REDUCED FOOTPRINT, AND ARE SPECIALLY DESIGNED TO MINIMIZE NOX EMISSIONS
TABLE 28 MONOBLOCK: MARKET, BY REGION, 2020–2027 (USD MILLION)
8.3 DUOBLOCK
8.3.1 INCREASING DEMAND FOR DUOBLOCK BURNERS IN FOOD & BEVERAGES INDUSTRY TO DRIVE MARKET GROWTH
TABLE 29 DUOBLOCK: MARKET, BY REGION, 2020–2027 (USD MILLION)
9 INDUSTRIAL BURNER MARKET, BY OPERATING TEMPERATURE (Page No. - 95)
9.1 INTRODUCTION
FIGURE 39 MARKET, BY OPERATING TEMPERATURE, 2021
TABLE 30 MARKET, BY OPERATING TEMPERATURE, 2020–2027 (USD MILLION)
9.2 LOW TEMPERATURE (< 1400°F)
9.2.1 LOW-TEMPERATURE BURNERS ARE IDEAL FOR LOW-TEMPERATURE DRYING APPLICATIONS
TABLE 31 LOW TEMPERATURE (< 1400°F): MARKET, BY REGION, 2020–2027 (USD MILLION)
9.3 HIGH TEMPERATURE (> 1400°F)
9.3.1 HIGH-TEMPERATURE BURNERS ARE USED IN MULTIPLE APPLICATIONS
TABLE 32 HIGH TEMPERATURE (> 1400°F): MARKET, BY REGION, 2020–2027 (USD MILLION)
10 INDUSTRIAL BURNER MARKET, BY END-USER INDUSTRY (Page No. - 99)
10.1 INTRODUCTION
FIGURE 40 MARKET, BY END-USER INDUSTRY, 2021
TABLE 33 MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
10.2 FOOD & BEVERAGES
10.2.1 INCREASE IN USE OF INDUSTRIAL BURNERS IN FOOD PROCESSING FACILITIES TO BOOST MARKET GROWTH
TABLE 34 FOOD & BEVERAGES: MARKET, BY REGION, 2020–2027 (USD MILLION)
10.3 POWER GENERATION
10.3.1 NEED TO REPLACE AND MODERNIZE EXISTING POWER PLANTS TO DRIVE MARKET GROWTH
TABLE 35 POWER GENERATION: MARKET, BY REGION, 2020–2027 (USD MILLION)
10.4 CHEMICALS
10.4.1 GROWING USE OF BURNERS IN ETHYLENE CRACKING AND OTHER CHEMICAL PROCESSES TO BOOST MARKET GROWTH
TABLE 36 CHEMICALS: MARKET, BY REGION, 2020–2027 (USD MILLION)
10.5 PETROCHEMICALS
10.5.1 GROWING NUMBER OF REFINERIES IN ASIA PACIFIC TO ACCELERATE DEMAND FOR BURNERS
TABLE 37 PETROCHEMICALS: MARKET, BY REGION, 2020–2027 (USD MILLION)
10.6 METALS & MINING
10.6.1 INCREASE IN DEMAND FOR BURNERS IN MINING OPERATIONS TO PROPEL MARKET GROWTH
TABLE 38 METALS & MINING: MARKET, BY REGION, 2020–2027 (USD MILLION)
10.7 AUTOMOTIVE
10.7.1 SURGING USE OF INDUSTRIAL BURNERS IN CURING OVEN AND SPRAYING SYSTEMS TO PROPEL MARKET GROWTH
TABLE 39 AUTOMOTIVE: MARKET, BY REGION, 2020–2027 (USD MILLION)
10.8 OTHERS
TABLE 40 OTHERS: MARKET, BY REGION, 2020–2027 (USD MILLION)
11 REGIONIONAL ANALYSIS (Page No. - 108)
11.1 INTRODUCTION
11.2 IMPACT OF COVID-19 ON INDUSTRIAL BURNER MARKET
FIGURE 41 MARKET: REGIONAL SNAPSHOT
FIGURE 42 REGION-WISE SHARE ANALYSIS OF INDUSTRIAL BURNER MARKET,2021
TABLE 41 MARKET, BY REGION, 2020–2027 (USD MILLION)
11.3 ASIA PACIFIC
FIGURE 43 ASIA PACIFIC: MARKET SNAPSHOT
11.3.1 BY BURNER TYPE
TABLE 42 ASIA PACIFIC: MARKET, BY BURNER TYPE, 2020–2027 (USD MILLION)
TABLE 43 ASIA PACIFIC: MARKET, BY BURNER TYPE, 2020–2027 (THOUSAND UNITS)
11.3.2 BY FUEL TYPE
TABLE 44 ASIA PACIFIC: MARKET, BY FUEL TYPE, 2020–2027 (USD MILLION)
11.3.3 BY OPERATING TEMPERATURE
TABLE 45 ASIA PACIFIC: MARKET, BY OPERATING TEMPERATURE, 2020–2027 (USD MILLION)
11.3.4 BY AUTOMATION
TABLE 46 ASIA PACIFIC: MARKET, BY AUTOMATION, 2020–2027 (USD MILLION)
11.3.5 BY END-USER INDUSTRY
TABLE 47 ASIA PACIFIC: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.3.6 BY COUNTRY
TABLE 48 ASIA PACIFIC: MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
11.3.6.1 China
11.3.6.1.1 LNG capacity addition and increase in EV production to fuel industrial burner market growth
TABLE 49 CHINA: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.3.6.2 India
11.3.6.2.1 Growth of chemicals and petrochemicals industries to fuel growth of industrial burner market
TABLE 50 INDIA: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.3.6.3 Australia
11.3.6.3.1 Favorable government policies for lithium mining to drive market growth
TABLE 51 AUSTRALIA: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.3.6.4 Japan
11.3.6.4.1 Sustained growth of manufacturing industry and rising demand for LNG to augment market growth
TABLE 52 JAPAN: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.3.6.5 South Korea
11.3.6.5.1 Growth of chemicals industry in South Korea to drive growth of industrial burner market
TABLE 53 SOUTH KOREA: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.3.6.6 Rest of Asia Pacific
TABLE 54 REST OF ASIA PACIFIC: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.4 NORTH AMERICA
FIGURE 44 NORTH AMERICA: MARKET SNAPSHOT
11.4.1 BY BURNER TYPE
TABLE 55 NORTH AMERICA: MARKET, BY BURNER TYPE, 2020–2027 (USD MILLION)
TABLE 56 NORTH AMERICA: MARKET, BY BURNER TYPE, 2020–2027 (THOUSAND UNITS)
11.4.2 BY FUEL TYPE
TABLE 57 NORTH AMERICA: MARKET, BY FUEL TYPE, 2020–2027 (USD MILLION)
11.4.3 BY OPERATING TEMPERATURE
TABLE 58 NORTH AMERICA: MARKET, BY OPERATING TEMPERATURE, 2020–2027 (USD MILLION)
11.4.4 BY AUTOMATION
TABLE 59 NORTH AMERICA: MARKET, BY AUTOMATION, 2020–2027 (USD MILLION)
11.4.5 BY END-USER INDUSTRY
TABLE 60 NORTH AMERICA: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.4.6 BY COUNTRY
TABLE 61 NORTH AMERICA: MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
11.4.6.1 US
11.4.6.1.1 Surge in demand for boilers and heating equipment in power generation, petrochemicals, and chemicals industry to drive market growth
TABLE 62 US: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.4.6.2 Canada
11.4.6.2.1 Growing investments in mining industry to provide lucrative opportunities to industrial burner providers
TABLE 63 CANADA: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.4.6.3 Mexico
11.4.6.3.1 Increasing investments for refinery capacity additions to boost demand for industrial burners
TABLE 64 MEXICO: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.5 EUROPE
11.5.1 BY BURNER TYPE
TABLE 65 EUROPE: MARKET, BY BURNER TYPE, 2020–2027 (USD MILLION)
TABLE 66 EUROPE: MARKET, BY BURNER TYPE, 2020–2027 (THOUSAND UNITS)
11.5.2 BY FUEL TYPE
TABLE 67 EUROPE: MARKET, BY FUEL TYPE, 2020–2027 (USD MILLION)
11.5.3 BY OPERATING TEMPERATURE
TABLE 68 EUROPE: MARKET, BY OPERATING TEMPERATURE, 2020–2027 (USD MILLION)
11.5.4 BY AUTOMATION
TABLE 69 EUROPE: MARKET, BY AUTOMATION, 2020–2027 (USD MILLION)
11.5.5 BY END-USER INDUSTRY
TABLE 70 EUROPE: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.5.6 BY COUNTRY
TABLE 71 EUROPE: MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
11.5.6.1 Germany
11.5.6.1.1 Growth of chemicals and food & beverage industries foster industrial burner market growth
TABLE 72 GERMANY: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.5.6.2 France
11.5.6.2.1 Demand for industrial burners in chemicals industry is fueling market growth
TABLE 73 FRANCE: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.5.6.3 Italy
11.5.6.3.1 Increase in demand from food & beverage and automotive industries fuels market growth
TABLE 74 ITALY: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.5.6.4 UK
11.5.6.4.1 Discontinuation of coal-fired industrial boilers to spur demand for natural gas-fired industrial boilers
TABLE 75 UK: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.5.6.5 Spain
11.5.6.5.1 Growing demand for burners in chemical and food processing applications to promote market growth
TABLE 76 SPAIN: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.5.6.6 Rest of Europe
TABLE 77 REST OF EUROPE: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.6 MIDDLE EAST & AFRICA
11.6.1 BY BURNER TYPE
TABLE 78 MIDDLE EAST & AFRICA: MARKET, BY BURNER TYPE, 2020–2027 (USD MILLION)
TABLE 79 MIDDLE EAST & AFRICA: MARKET, BY BURNER TYPE, 2020–2027 (THOUSAND UNITS)
11.6.2 BY FUEL TYPE
TABLE 80 MIDDLE EAST & AFRICA: MARKET, BY FUEL TYPE, 2020–2027 (USD MILLION)
11.6.3 BY OPERATING TEMPERATURE
TABLE 81 MIDDLE EAST & AFRICA: MARKET, BY OPERATING TEMPERATURE, 2020–2027 (USD MILLION)
11.6.4 BY AUTOMATION
TABLE 82 MIDDLE EAST & AFRICA: MARKET, BY AUTOMATION, 2020–2027 (USD MILLION)
11.6.5 BY END-USER INDUSTRY
TABLE 83 MIDDLE EAST & AFRICA: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.6.6 BY COUNTRY
TABLE 84 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
11.6.6.1 Saudi Arabia
11.6.6.1.1 Growing crude oil production is prominent driver for industrial burner market
TABLE 85 SAUDI ARABIA: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.6.6.2 UAE
11.6.6.2.1 Growing investments in petrochemicals sector leading to growth of industrial burner market
TABLE 86 UAE: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.6.6.3 Kuwait
11.6.6.3.1 Surplus oil reserves likely to drive market for industrial burner market
TABLE 87 KUWAIT: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.6.6.4 South Africa
11.6.6.4.1 Developing automotive industry and mining activities will lead to growth of industrial burner market in South Africa
TABLE 88 SOUTH AFRICA: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.6.6.5 Rest of Middle East & Africa
TABLE 89 REST OF MIDDLE EAST & AFRICA: INDUSTRIAL BURNER MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.7 SOUTH AMERICA
11.7.1 BY BURNER TYPE
TABLE 90 SOUTH AMERICA: MARKET, BY BURNER TYPE, 2020–2027 (USD MILLION)
TABLE 91 SOUTH AMERICA: MARKET, BY BURNER TYPE, 2020–2027 (THOUSAND UNITS)
11.7.2 BY FUEL TYPE
TABLE 92 SOUTH AMERICA: MARKET, BY FUEL TYPE, 2020–2027 (USD MILLION)
11.7.3 BY OPERATING TEMPERATURE
TABLE 93 SOUTH AMERICA: MARKET, BY OPERATING TEMPERATURE, 2020–2027 (USD MILLION)
11.7.4 BY AUTOMATION
TABLE 94 SOUTH AMERICA: MARKET, BY AUTOMATION, 2020–2027 (USD MILLION)
11.7.5 BY END-USER INDUSTRY
TABLE 95 SOUTH AMERICA: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.7.6 BY COUNTRY
TABLE 96 SOUTH AMERICA: MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
11.7.6.1 Brazil
11.7.6.1.1 Growing focus on diversifying energy mix to foster demand for industrial burners
TABLE 97 BRAZIL: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.7.6.2 Argentina
11.7.6.2.1 Prime focus on food & beverages, chemical, and petrochemical production activities to support market growth
TABLE 98 ARGENTINA: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
11.7.6.3 Rest of South America
TABLE 99 REST OF SOUTH AMERICA: MARKET, BY END-USER INDUSTRY, 2020–2027 (USD MILLION)
12 COMPETITIVE LANDSCAPE (Page No. - 153)
12.1 KEY PLAYERS STRATEGIES
TABLE 100 OVERVIEW OF KEY STRATEGIES ADOPTED BY TOP PLAYERS, JANUARY 2018– JANUARY 2022
12.2 MARKET SHARE ANALYSIS OF TOP SIX PLAYERS
TABLE 101 INDUSTRIAL BURNER MARKET: DEGREE OF COMPETITION
FIGURE 45 MARKET: MARKET SHARE ANALYSIS, 2020
12.3 REVENUE ANALYSIS OF TOP MARKET PLAYERS
FIGURE 46 REVENUE OF TOP PLAYERS IN MARKET FROM 2016 TO 2020
12.4 COMPANY EVALUATION QUADRANT
12.4.1 STAR
12.4.2 PERVASIVE
12.4.3 EMERGING LEADER
12.4.4 PARTICIPANT
FIGURE 47 COMPETITIVE LEADERSHIP MAPPING: INDUSTRIAL BURNER MARKET, 2021
12.5 STARTUP/SME EVALUATION QUADRANT
12.5.1 PROGRESSIVE COMPANY
12.5.2 RESPONSIVE COMPANY
12.5.3 DYNAMIC COMPANY
12.5.4 STARTING BLOCK
FIGURE 48 MARKET: START-UP/SME EVALUATION QUADRANT, 2021
TABLE 102 MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 103 MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
12.6 INDUSTRIAL BURNER MARKET: COMPANY FOOTPRINT
TABLE 104 BY FUEL TYPE: COMPANY FOOTPRINT
TABLE 105 BY END-USER INDUSTRY: COMPANY FOOTPRINT
TABLE 106 BY REGION: COMPANY FOOTPRINT
TABLE 107 COMPANY FOOTPRINT
12.7 COMPETITIVE SCENARIO
TABLE 108 MARKET: DEALS, NOVEMBER 2020
TABLE 109 MARKET: OTHERS, NOVEMBER 2019–JANUARY 2022
13 COMPANY PROFILES (Page No. - 169)
13.1 KEY PLAYERS
(Business and financial overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats)*
13.1.1 ANDRITZ GROUP
TABLE 110 ANDRITZ GROUP: BUSINESS OVERVIEW
FIGURE 49 ANDRITZ GROUP: COMPANY SNAPSHOT, 2021
TABLE 111 ANDRITZ GROUP: PRODUCTS OFFERED
TABLE 112 ANDRITZ GROUP: DEALS
TABLE 113 ANDRITZ GROUP: SALES CONTRACT
13.1.2 NIBE GROUP
TABLE 114 NIBE GROUP: BUSINESS OVERVIEW
FIGURE 50 NIBE GROUP: COMPANY SNAPSHOT, 2020
TABLE 115 NIBE GROUP: PRODUCTS OFFERED
13.1.3 HONEYWELL INTERNATIONAL INC.
TABLE 116 HONEYWELL INTERNATIONAL INC.: BUSINESS OVERVIEW
FIGURE 51 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT, 2021
TABLE 117 HONEYWELL INTERNATIONAL INC.: PRODUCTS OFFERED
13.1.4 ARISTON GROUP N. V.
TABLE 118 ARISTON GROUP N. V.: BUSINESS OVERVIEW
FIGURE 52 ARISTON GROUP N. V.: COMPANY SNAPSHOT, 2021
TABLE 119 ARISTON GROUP N. V.: PRODUCTS OFFERED
13.1.5 FIVES
TABLE 120 FIVES: BUSINESS OVERVIEW
FIGURE 53 FIVES: COMPANY SNAPSHOT, 2020
TABLE 121 FIVES: PRODUCTS OFFERED
TABLE 122 FIVES: SALES CONTRACT
13.1.6 WEISHAUPT
TABLE 123 WEISHAUPT: BUSINESS OVERVIEW
TABLE 124 WEISHAUPT: PRODUCTS OFFERED
TABLE 125 WEISHAUPT: EXPANSION
13.1.7 SELAS HEAT TECHNOLOGY COMPANY
TABLE 126 SELAS HEAT TECHNOLOGY COMPANY: BUSINESS OVERVIEW
TABLE 127 SELAS HEAT TECHNOLOGY COMPANY: PRODUCTS OFFERED
TABLE 128 SELAS HEAT TECHNOLOGY COMPANY: PRODUCT LAUNCHES
13.1.8 RIELLO S. P. A.
TABLE 129 RIELLO S. P. A.: BUSINESS OVERVIEW
TABLE 130 RIELLO S. P. A.: PRODUCTS OFFERED
13.1.9 C.I.B. UNIGAS S.P.A.
TABLE 131 C.I.B. UNIGAS S.P.A.: BUSINESS OVERVIEW
TABLE 132 C.I.B. UNIGAS S.P.A.: PRODUCTS OFFERED
13.1.10 EBICO
TABLE 133 EBICO: BUSINESS OVERVIEW
TABLE 134 EBICO: PRODUCTS OFFERED
TABLE 135 EBICO: SALES CONTRACT
13.1.11 BALTUR S.P.A.
TABLE 136 BALTUR S.P.A.: BUSINESS OVERVIEW
TABLE 137 BALTUR S.P.A.: PRODUCTS OFFERED
TABLE 138 BALTUR S.P.A.: PRODUCT LAUNCHES
13.1.12 OILON GROUP OY
TABLE 139 OILON GROUP OY: BUSINESS OVERVIEW
TABLE 140 OILON GROUP OY: PRODUCTS OFFERED
13.1.13 OXILON PVT LTD
TABLE 141 OXILON PVT LTD: BUSINESS OVERVIEW
TABLE 142 OXILON PVT LTD: PRODUCTS OFFERED
13.1.14 ZEECO
TABLE 143 ZEECO: BUSINESS OVERVIEW
TABLE 144 ZEECO: PRODUCTS OFFERED
TABLE 145 ZEECO: EXPANSION
13.1.15 ALZETA CORPORATION
TABLE 146 ALZETA CORPORATION: BUSINESS OVERVIEW
TABLE 147 ALZETA CORPORATION: PRODUCTS OFFERED
13.2 OTHER PLAYERS
13.2.1 BLOOM ENGINEERING
13.2.2 LIMPSFIELD COMBUSTION ENGINEERING
13.2.3 POWER FLAME INC.
13.2.4 WESMAN GROUP
13.2.5 SOOKOOK CORPORATION
13.2.6 JOHN ZINK HAMWORTHY COMBUSTION
13.2.7 SAACKE GMBH
13.2.8 WAYNE COMBUSTION SYSTEMS
13.2.9 FABER BURNER COMPANY
13.2.10 MFBURNER
*Details on Business Overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats might not be captured in case of unlisted companies.
14 APPENDIX (Page No. - 230)
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
The study involved major activities in estimating the current size of the industrial burner market. Exhaustive secondary research was done to collect information on the peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of the segments and subsegments.
Secondary Research
This research study on the industrial burner market involved the use of extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg, Businessweek, Factiva, International Energy Agency, and BP Statistical Review of World Energy, to identify and collect information useful for a technical, market-oriented, and commercial study of the global industrial burner market. The other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.
Primary Research
The industrial burner market comprises several stakeholders such as industrial burner manufacturers, boiler manufacturers, manufacturers of subcomponents of industrial burners, manufacturing technology providers, and technology support providers in the supply chain. The demand side of this market is characterized by the rising demand for burners in boilers, furnaces, dryers, hot air generators, ovens, and other heating and combustion equipment across a wide variety of end users. The supply side is characterized by rising demand for contracts from the industrial sector, and mergers & acquisitions among big players. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the industrial burner market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and market have been identified through extensive secondary research, and their market share in the respective regions have been determined through both primary and secondary research.
- The industry’s value chain and market size, in terms of value, have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Global Industrial burner Market Size: Bottom-Up Approach
To know about the assumptions considered for the study, Request for Free Sample Report
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments, the data triangulation and market breakdown processes have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand- and supply sides. Along with this, the market has been validated using both the top-down and bottom-up approaches.
Objectives of the Study
- To define, describe, segment, and forecast the industrial burner market size based on burner type, automation, fuel type, operating temperature, and end-user industry
- To provide detailed information on the major drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the market
- To strategically analyze the market with respect to individual growth trends, prospects, and contributions of each segment to the market
- To analyze market opportunities for stakeholders and provide a detailed competitive landscape for market leaders
- To forecast the revenue of the market segments with respect to 5 main regions (along with countries), namely, North America, Europe, Asia Pacific, South America, and the Middle East & Africa
- To strategically profile key players and comprehensively analyze their market ranking and core competencies
- To track and analyze competitive developments such as new product developments, contracts & agreements, investments & expansions, and mergers & acquisitions in the industrial burner market
Available Customizations:
With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for this report:
Geographic Analysis
- Further breakdown of region or country-specific analysis
Company Information
- Detailed analyses and profiling of additional market players (up to 5)
Generating Response ...
Growth opportunities and latent adjacency in Industrial Burner Market