Industrial burners are combustion devices commonly used for low thermal loads and a wide range of applications. They provide efficient combustion of gaseous, liquid and solid fuels for heating processes in various industries. With advanced burner management systems, industrial burners allow optimal combustion control and monitoring to maximize operational efficiency.
The global Industrial Burner Market is estimated to be valued at US$ 11291.33 Mn in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Development of smart burners is one of the key trends driving growth of the industrial burner market. Smart industrial burners integrated with Internet of Things (IoT) technologies allow remote monitoring and control of burner operations. They collect real-time data on parameters like emissions, fuel and air flow rates through sensors. This data is analyzed using cloud-based applications to identify operational issues and optimize fuel and temperature settings for maximum efficiency. Smart burners help reduce downtime and maintenance costs through predictive diagnostics. Growing emphasis on operational excellence is boosting adoption of smart industrial combustion devices across industries. Increasing deployment of innovative IoT-enabled burner systems will continue accelerating the industrial burner market expansion over the forecast period.
Segment Analysis
The global industrial burner market is dominated by gas burners sub-segment. Gas burners held around 60% share of the total market in 2023 owing to its wide range of applications in industries like food & beverages, chemical, oil & gas, automotive etc. Gas burners are preferred for industrial heating processes as they provide enhanced safety, reliability and efficiency in operations.
Key Takeaways
The Global Industrial Burner Market Share is expected to witness high growth. The global Industrial Burner Market is estimated to be valued at US$ 11291.33 Mn in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023 to 2030.
The Asia Pacific region is expected to dominate the market during the forecast period. The region is anticipated to hold over 35% share of the total market by 2030. Rapid industrialization and increasing investments in process industries like food & beverages, chemicals, metals are driving the demand for industrial burners in Asia Pacific countries like China, India.
Key players operating in the industrial burner market are ADMOTECH, Cernex Inc, Quantic Corry, DiTom Microwave, ECHO Microwave, JQL Technologies Corp, Kete Microwave, L-3 Narda, M2 Global Technology, Mercury Systems Inc., Mesa Microwave, Microwave Devices Inc., Electro Technik Industrtries, Inc, Orion Microwave Inc. Industrial burner manufacturers are focusing on developing smart and IoT integrated burners with enhanced efficiencies and remote monitoring capabilities to target the rising automation trend in process industries.
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