Global Industrial Burner Market is valued approximately USD 5.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6% over the forecast period 2022-2028. An industrial burner is a mechanical device that employs gas or liquid fuel to generate controlled flames. A burner's efficiency is determined by the mixing rate of air and fuel, which influences flame stability. An industrial burner is a critical component of a well-designed combustion system.While using burners in large-scale industrial applications, controlling the fuel-to-air ratio has remained a key challenge. Industrial burner includes an electronic module that allows for fuel-to-air ratio adjustment.The rising deployment of natural gas-based industrial burners, particularly in Europe, can be ascribed to the rise of the industrial burner market. expanding manufacturing sector is fueling the market growth.Global electricity demand is expected to expand at 2.1 percent per year through 2040, according to the IEA's Stated Policies Scenario, which is twice the rate of primary energy demand. Further, as per IEA, Electricity's percentage of total final energy consumption would rise from 19 percent in 2022 to 24 percent in 2040. Rising income, increasing industrial production, and a rapidly developing services sector are driving energy demand. According to the US Energy Information Administration (EIA).Global energy consumption is anticipated to rise by nearly 50% between 2018 and 2050.
The key regions considered for the global Industrial Burner Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is estimated to dominate the worldwide industrial burner market, followed by North America and Europe. The industrial burner market in Asia Pacific is experiencing substantial changes in the manufacturing sector as a result of industrialisation, which has boosted demand for industrial burners in the region. .
Major market player included in this report are:
ANDRITZ Group
NIBE Group
Honeywell International Inc.
Ariston Group N.V.
Fives
Weishaupt
Selas Heat Technology Company
Riello S. p. A.
Oilon Group Oy
EBICO
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByFuel type:
Oil
Gas
Solid Fuel
Dual Fuel
By Burner Type:
Regenerative Burner
High Thermal Release Burner
Radiant Burner
Direct-fired Burner
Self-recuperative Burner
Others
By Operating Temperature:
High Temperature (> 1,400°F)
Low Temperature (< 1,400°F)
By Power Rating:
Monoblock
Duoblock
By Sales Channel:
Food & Beverages
Petrochemicals
Power Generation
Chemicals
Metals & Mining
Automotive
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Industrial Burner Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Industrial Burner Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Industrial Burner Market, by Fuel type,2020-2028 (USD Billion)
- 1.2.3. Industrial Burner Market, by Burner Type ,2020-2028 (USD Billion)
- 1.2.4. Industrial Burner Market, by Operating Temperature ,2020-2028 (USD Billion)
- 1.2.5. Industrial Burner Market, byPower Rating,2020-2028 (USD Billion)
- 1.2.6. Industrial Burner Market, by Sales Channel ,2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Industrial Burner Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Industrial Burner Market Dynamics
- 3.1. Industrial Burner Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing power generation worldwide fueling demand for industrial burners
- 3.1.1.2. Surging adoption of dual-fuel industrial burners to lower imprint of depleting fossil fuels
- 3.1.2. Market Challenges
- 3.1.2.1. Significant capital investment requirement for boiler-based burners
- 3.1.3. Market Opportunities
- 3.1.3.1. Aging power generation infrastructure and increasing refurbishment of industrial burners used in other applications
Chapter 4. Global Industrial Burner MarketIndustry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Industrial Burner Market, by Fuel type
- 6.1. Market Snapshot
- 6.2. Global Industrial Burner Market by Fuel type, Performance - Potential Analysis
- 6.3. Global Industrial Burner Market Estimates & Forecasts by Fuel type2018-2028 (USD Billion)
- 6.4. Industrial Burner Market, Sub Segment Analysis
- 6.4.1. Oil
- 6.4.2. Gas
- 6.4.3. Solid Fuel
- 6.4.4. Dual Fuel
Chapter 7. Global Industrial Burner Market, by Burner Type
- 7.1. Market Snapshot
- 7.2. Global Industrial Burner Market by Burner Type , Performance - Potential Analysis
- 7.3. Global Industrial Burner Market Estimates & Forecasts by Burner Type 2018-2028 (USD Billion)
- 7.4. Industrial Burner Market, Sub Segment Analysis
- 7.4.1. Regenerative Burner
- 7.4.2. High Thermal Release Burner
- 7.4.3. Radiant Burner
- 7.4.4. Direct-fired Burner
- 7.4.5. Self-recuperative Burner
- 7.4.6. Others
Chapter 8. Global Industrial Burner Market, by Operating Temperature
- 8.1. Market Snapshot
- 8.2. Global Industrial Burner Market by Operating Temperature , Performance - Potential Analysis
- 8.3. Global Industrial Burner Market Estimates & Forecasts by Operating Temperature 2018-2028 (USD Billion)
- 8.4. Industrial Burner Market, Sub Segment Analysis
- 8.4.1. High Temperature (> 1,400°F)
- 8.4.2. Low Temperature (< 1,400°F)
Chapter 9. Global Industrial Burner Market, by Sales Channel
- 9.1. Market Snapshot
- 9.2. Global Industrial Burner Market by Sales Channel , Performance - Potential Analysis
- 9.3. Global Industrial Burner Market Estimates & Forecasts by Sales Channel 2018-2028 (USD Billion)
- 9.4. Industrial Burner Market, Sub Segment Analysis
- 9.4.1. Food & Beverages
- 9.4.2. Petrochemicals
- 9.4.3. Power Generation
- 9.4.4. Chemicals
- 9.4.5. Metals & Mining
- 9.4.6. Automotive
- 9.4.7. Others
Chapter 10. Global Industrial Burner Market, by Power Rating
- 10.1. Market Snapshot
- 10.2. Global Industrial Burner Market by Power Rating, Performance - Potential Analysis
- 10.3. Global Industrial Burner Market Estimates & Forecasts by Power Rating 2018-2028 (USD Billion)
- 10.4. Industrial Burner Market, Sub Segment Analysis
- 10.4.1. Monoblock
- 10.4.2. Duoblock
Chapter 11. Global Industrial Burner Market, Regional Analysis
- 11.1. Industrial Burner Market, Regional Market Snapshot
- 11.2. North America Industrial Burner Market
- 11.2.1. U.S.Industrial Burner Market
- 11.2.1.1. Fuel typebreakdown estimates & forecasts, 2018-2028
- 11.2.1.2. Burner Type breakdown estimates & forecasts, 2018-2028
- 11.2.1.3. Operating Temperature breakdown estimates & forecasts, 2018-2028
- 11.2.1.4. Sales Channel breakdown estimates & forecasts, 2018-2028
- 11.2.1.5. Power Rating breakdown estimates & forecasts, 2018-2028
- 11.2.1.6.
- 11.2.2. CanadaIndustrial Burner Market
- 11.3. Europe Industrial Burner Market Snapshot
- 11.3.1. U.K. Industrial Burner Market
- 11.3.2. Germany Industrial Burner Market
- 11.3.3. France Industrial Burner Market
- 11.3.4. Spain Industrial Burner Market
- 11.3.5. Italy Industrial Burner Market
- 11.3.6. Rest of EuropeIndustrial Burner Market
- 11.4. Asia-PacificIndustrial Burner Market Snapshot
- 11.4.1. China Industrial Burner Market
- 11.4.2. India Industrial Burner Market
- 11.4.3. JapanIndustrial Burner Market
- 11.4.4. Australia Industrial Burner Market
- 11.4.5. South Korea Industrial Burner Market
- 11.4.6. Rest of Asia PacificIndustrial Burner Market
- 11.5. Latin America Industrial Burner Market Snapshot
- 11.5.1. Brazil Industrial Burner Market
- 11.5.2. Mexico Industrial Burner Market
- 11.6. Rest of The World Industrial Burner Market
Chapter 12. Competitive Intelligence
- 12.1. Top Market Strategies
- 12.2. Company Profiles
- 12.2.1. ANDRITZ Group
- 12.2.1.1. Key Information
- 12.2.1.2. Overview
- 12.2.1.3. Financial (Subject to Data Availability)
- 12.2.1.4. Burner Type Summary
- 12.2.1.5. Recent Developments
- 12.2.2. NIBE Group
- 12.2.3. Honeywell International Inc.
- 12.2.4. Ariston Group N.V.
- 12.2.5. Fives
- 12.2.6. Weishaupt
- 12.2.7. Selas Heat Technology Company
- 12.2.8. Riello S. p. A.
- 12.2.9. Oilon Group Oy
- 12.2.10. EBICO
Chapter 13. Research Process
- 13.1. Research Process
- 13.1.1. Data Mining
- 13.1.2. Analysis
- 13.1.3. Market Estimation
- 13.1.4. Validation
- 13.1.5. Publishing
- 13.2. Research Attributes
- 13.3. Research Assumption