About Industrial Burner
Industrial burners release heat and specific flame which may be controlled in the combustion chamber and used for numerous industrial operations like heating, melting, steam production, producing, and alternative operations. Industrial burners square measure used for numerous applications that embody boilers, furnace/ovens/kiln, air heating/ drying, heating liquid, welding, recycling, glass processing, etc.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ANDRITZ Group (Austria), Baltur S.p.A (Italy), Bloom Engineering (United States), Wood Group PLC (United Kingdom), Honeywell International Inc. (Maxon) (United States), Limpsfield Combustion Engineering Ltd (United Kingdom), Forbes Marshall Pvt. Ltd. (India), Mitsubishi Hitachi Power Systems, Ltd (MHPS) (United States), Oilon Group (Finland) and Osaka Gas Co., Ltd (Japan) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Selas Heat Technology Company (United States), R.W. Beckett Corp (United States), SAACKE GmbH (Germany), Wesman Group (India) and Striko Westofen (India).
Segmentation Overview
AMA Research has segmented the market of Global Industrial Burner market by , Application (Petrochemicals, Power Generation, Chemicals & Specialty Chemicals, Mining and Mineral, Metal, Pharmaceutical, Glass, Ceramics, Food Processing, Automotive and Others) and Region.
On the basis of geography, the market of Industrial Burner has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2023. If we see Market by Operating Temperature, the sub-segment i.e. High Temperature (> 1400F) will boost the Industrial Burner market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fuel, the sub-segment i.e. Oil-Based will boost the Industrial Burner market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Burner, the sub-segment i.e. Regenerative Burners will boost the Industrial Burner market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Production of Highly Efficient Industrial Burners Equipped with Monitoring System
Market Growth Drivers:
Rising Adoption of Industrial Burners in The Metal Processing Industry and Increasing Industrial Activities and Government Investments towards Industrialisation 4.0
Challenges:
Requirement of Skilled Labours to Operate and Inspect
Restraints:
Difficult Retrofitting Procedure of Industrial Burners and High Costs involved in Employing the Industrial burners
Opportunities:
Rising Demand for Industrial Gas Burners in Many Industries Such as Power Generation, Pharmaceutical, Automotive
Market Leaders and their expansionary development strategies
In 2020, ANDRITZ has acquired the Finnish company Enviroburners Oy, which designs and manufactures advanced industrial burner solutions for energy production and environmental protection. This acquisition will complement the product portfolio of the ANDRITZ as Enviroburners supplies industrial burners, burner upgrade parts, and services that bolster ANDRITZ’s self-sustainability and reliability in the area of burners.
In March 2019, air products inc., a u.s.based chemical industry company launched an oxy-fuel burner for the glass industry. The new clean fire hrx burner is highly fuel-efficient and produced 40% lower nox as compared to the traditional burner.
Key Target Audience
Industrial Burner Manufacturer, Provider/Distributor, Research Institutes, End-User Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.