Industrial Burner Market Analysis, Overview and Forecasts 2016-2020

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Industrial Burner Market Share, Size, Emerging Trends and Growth,
Analysis, Overview and Forecasts 2016-2020
Technavio Announces the Publication of its Research Report – Global Industrial Burner Market 20162020
Technavio recognizes the following companies as the key players in the global industrial burner market:
Andritz, Foster Wheeler, Limpsfield Combustion Engineering, Maxon, and Mitsubishi Hitachi Power
Systems.
Other Prominent Vendors in the market are: Baltur, Coen, Oilon, and Selas.
Commenting on the report, an analyst from Technavio’ s team said: “One of the major trends for market
growth is the use of renewable fuel oil. With the rising threats of emissions and climate change
increasing, companies involved in burner technology are developing low emission oils known as
renewable fuel oils (RFOs). RFOs are a carbon-rich liquid fuel derived from biomass that are an ideal
replacement for fuel oil in a boiler for heating applications. RFO can be delivered, stored, and pumped to
a heating boiler like petroleum fuel oil.”
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According to the report, emergence of burner management systems will be a major key driver for
market growth. A burner management system’ s main task is to protect boilers from exploding as it
guarantees a safe, methodical operating sequence in the start-up and shutdown of fuel fire equipment
and to diminish the possibility of errors significantly by following the sequential and secure operating
procedure. The emergence of smart systems such as the BMS ensures the safety and security of the
equipment as well as that of personnel.
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Further, the report states that one of the major challenges for market growth will be the involvement of
troublesome retrofitting. With the implementation of progressively stringent NOx regulations around
the world, end-users with fired heaters and industrial boilers are compelled to upgrade existing fired
equipment to meet these regulations. Both new applications and retrofit projects may need ultra-low
NOx or next generation low NOx burners to meet the ever-tightening emission standards.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
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About Industrial Burner
In the manufacturing sector, industrial process heating operations account for a major part of the
energy demand, accounting for approximately 70% of the manufacturing sector's process energy end
use. Boilers are pressure vessels that are designed to either heat water or produce steam, which is then
used for heat exchange operations in various end-user industries. The use of water and steam as heat
carriers offers advantages such as high energy absorption and easy transportability.
Technavio’ s analysts forecast the global industrial burner market to grow at a CAGR of -5.40% during
the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial burner market
for 2016-2020. To calculate the market size, the report considers the demand side.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Industrial Burner Market 2016-2020, has been prepared based on an in-depth
market analysis with inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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Sam Collins
Market Reports Center
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According to the report, emergence of burner management systems will be a major key driver for market growth. A burner management system s main task is to protect boilers from exploding as it guarantees a safe