The global burner management system market size is expected to be worth around US$ 9.63 billion by 2030, according to a new report by Vision Research Reports.
The global burner management system market size was valued at US$ 7.05 billion in 2020 and is anticipated to grow at a CAGR of 8.1% during forecast period 2021 to 2030.
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Report Coverage
| Report Scope | Details |
| Market Size | USD 9.63 billion by 2030 |
| Growth Rate | CAGR of 8.1% From 2021 to 2030 |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Platform, Fuel Type, End-Use, Component, System Size, Application |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Siemens, Emerson Electric Co., Schneider Electric, ABB, Rockwell Automation, Inc., and Honeywell |
Growth Factors
This growth can be attributed to the rapid rate of industrial development worldwide, coupled with the need to improve plant uptime and ensure regulatory compliance. Rise in regulations concerning employee safety at workplace is also expected to drive the adoption of burner management systems globally. A typical BMS is responsible for the safe start-up, shutdown, and operation of a boiler.
The growing rate of development of the industrial sector worldwide is expected to drive the applications of BMS in boiler processes. The rise in government regulations and legislations supporting the installation of safety systems have increased the installation of BMS in new as well as existing fired equipment.
By Platform Analysis
In terms of platform, the report segments the market for BMS into a Distributed Control System (DCS), and Programmable Logic Controller (PLC). The PLC segment dominated the market in 2018 and is anticipated to retain its dominance over the forecast period.
The market for the distributed control system BMS platform segment is expected to register the fastest CAGR over the forecast period. This can be attributed to a wide application base of DCS burner management system platform spanning several industries such as chemicals, water & wastewater, power generation, oil and gas, pharmaceuticals, and paper and pulp.
By Fuel Type Analysis
Based on fuel type, the market for burner management systems has been segmented into oil, gas, and others. Presently, BMS for gas-powered burners witness higher demand across several industries as they are environmentally friendly as compared to oil and coal-powered ones.
the gas segment accounted for over 50% share of the overall market. The segment is expected to dominate the global market for the burner management system over the forecast period.
By End-Use Analysis
Based on end-use, the burner management system market has been segmented into oil & gas, power, chemical, pharmaceutical, and others. The oil & gas segment dominated the market in 2020. Various applications in the oil and gas sector, such as heaters, line heaters, dehydrators, separators, and re-boilers, require burner (heat) and BMS to facilitate the proper functioning of the equipment.
Several industry verticals have faced major accidents involving fired equipment in the past. However, with the proliferation in burner management technology and the adoption of enhanced engineering practices, the rate of such accidents has reduced significantly.
By Component Analysis
The two key components of a typical BMS analyzed in the study include hardware and software. The hardware segment is estimated to emerge as the largest revenue-generating segment over the forecast period. The segment comprises flame detectors, actuators & controllers, shut-off valves, ignition units, and alarms & shutdowns.
The software segment is projected to register the highest CAGR of nearly 7% over the forecast period. Typically a BMS is provided with an independent logic solving hardware, separate power supplies, and independent input/output systems.
By Application Analysis
In terms of application, the report segments the market for the burner management system into single-burner and multiple-burner. BMS for a single-burner with a single fuel is generally a simple system equipped with monitoring and control functions.
The increasing complexity of the multiple-burner environment is expected to create the demand for safety systems over the forecast period. Multiple-burners systems are typically used in dryers, incinerators, and in almost all chemical heating applications.
By System Size Analysis
Based on technology, the market for burner management systems has been categorized into small, medium, and large systems. Small burner management systems support an I/O range of approximately 20-50 I/Os, medium burner management systems support an I/O range of approximately 50-100 I/Os, and large burner management systems support an I/O range of approximately 100-200 I/Os.
The market for the large burner management system segment is expected to register the highest CAGR of nearly 7% over the forecast period.
By Regional Analysis
The North American regional market is expected to remain the leading contributor to the market for the burner management system over the next six years. Steady growth in the regional oil & gas industry, coupled with the high technology adoption rate, is expected to drive the regional market over the forecast period.
The Middle East & Africa regional market for the burner management system is likely to witness the fastest growth over the forecast period.
Key Players
Siemens, Emerson Electric Co., Schneider Electric, ABB, Rockwell Automation, Inc., and Honeywell
Market Segmentation
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Burner Management System Market, By Platform
7.1. Burner Management System Market, by Platform, 2021-2030
7.1.1. Distributed Control System (DCS)
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Programmable Logic Controller (PLC)
7.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Burner Management System Market, By Fuel Type
8.1. Burner Management System Market, by Fuel Type, 2021-2030
8.1.1. Oil
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Gas
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Others
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Burner Management System Market, By End-Use
9.1. Burner Management System Market, by End-Use, 2021-2030
9.1.1. Oil & Gas
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Power
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Chemical
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Pharmaceutical
9.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Burner Management System Market, By Component
10.1. Burner Management System Market, by Component, 2021-2030
10.1.1. Hardware
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Software
10.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Burner Management System Market, By System Size
11.1. Burner Management System Market, by System Size, 2021-2030
11.1.1. Small
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Medium
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Large
11.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Burner Management System Market, By Application
12.1. Burner Management System Market, by Application, 2021-2030
12.1.1. Single-Burner
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Multiple-Burner
12.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Burner Management System Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Platform (2017-2030)
13.1.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.1.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.1.4. Market Revenue and Forecast, by Component (2017-2030)
13.1.5. Market Revenue and Forecast, by System Size (2017-2030)
13.1.6. Market Revenue and Forecast, by Application (2017-2030)
13.1.7. U.S.
13.1.7.1. Market Revenue and Forecast, by Platform (2017-2030)
13.1.7.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.1.7.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.1.7.4. Market Revenue and Forecast, by Component (2017-2030)
13.1.7.5. Market Revenue and Forecast, by System Size (2017-2030)
13.1.7.6. Market Revenue and Forecast, by Application (2017-2030)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Platform (2017-2030)
13.1.8.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.1.8.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.1.8.4. Market Revenue and Forecast, by Component (2017-2030)
13.1.8.5. Market Revenue and Forecast, by System Size (2017-2030)
13.1.8.6. Market Revenue and Forecast, by Application (2017-2030)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Platform (2017-2030)
13.2.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.2.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.2.4. Market Revenue and Forecast, by Component (2017-2030)
13.2.5. Market Revenue and Forecast, by System Size (2017-2030)
13.2.6. Market Revenue and Forecast, by Application (2017-2030)
13.2.7. UK
13.2.7.1. Market Revenue and Forecast, by Platform (2017-2030)
13.2.7.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.2.7.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.2.7.4. Market Revenue and Forecast, by Component (2017-2030)
13.2.7.5. Market Revenue and Forecast, by System Size (2017-2030)
13.2.7.6. Market Revenue and Forecast, by Application (2017-2030)
13.2.8. Germany
13.2.8.1. Market Revenue and Forecast, by Platform (2017-2030)
13.2.8.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.2.8.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.2.8.4. Market Revenue and Forecast, by Component (2017-2030)
13.2.8.5. Market Revenue and Forecast, by System Size (2017-2030)
13.2.8.6. Market Revenue and Forecast, by Application (2017-2030)
13.2.9. France
13.2.9.1. Market Revenue and Forecast, by Platform (2017-2030)
13.2.9.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.2.9.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.2.9.4. Market Revenue and Forecast, by Component (2017-2030)
13.2.9.5. Market Revenue and Forecast, by System Size (2017-2030)
13.2.9.6. Market Revenue and Forecast, by Application (2017-2030)
13.2.10. Rest of Europe
13.2.10.1. Market Revenue and Forecast, by Platform (2017-2030)
13.2.10.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.2.10.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.2.10.4. Market Revenue and Forecast, by Component (2017-2030)
13.2.10.5. Market Revenue and Forecast, by System Size (2017-2030)
13.2.10.6. Market Revenue and Forecast, by Application (2017-2030)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Platform (2017-2030)
13.3.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.3.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.3.4. Market Revenue and Forecast, by Component (2017-2030)
13.3.5. Market Revenue and Forecast, by System Size (2017-2030)
13.3.6. Market Revenue and Forecast, by Application (2017-2030)
13.3.7. India
13.3.7.1. Market Revenue and Forecast, by Platform (2017-2030)
13.3.7.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.3.7.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.3.7.4. Market Revenue and Forecast, by Component (2017-2030)
13.3.7.5. Market Revenue and Forecast, by System Size (2017-2030)
13.3.7.6. Market Revenue and Forecast, by Application (2017-2030)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Platform (2017-2030)
13.3.8.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.3.8.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.3.8.4. Market Revenue and Forecast, by Component (2017-2030)
13.3.8.5. Market Revenue and Forecast, by System Size (2017-2030)
13.3.8.6. Market Revenue and Forecast, by Application (2017-2030)
13.3.9. Japan
13.3.9.1. Market Revenue and Forecast, by Platform (2017-2030)
13.3.9.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.3.9.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.3.9.4. Market Revenue and Forecast, by Component (2017-2030)
13.3.9.5. Market Revenue and Forecast, by System Size (2017-2030)
13.3.9.6. Market Revenue and Forecast, by Application (2017-2030)
13.3.10. Rest of APAC
13.3.10.1. Market Revenue and Forecast, by Platform (2017-2030)
13.3.10.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.3.10.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.3.10.4. Market Revenue and Forecast, by Component (2017-2030)
13.3.10.5. Market Revenue and Forecast, by System Size (2017-2030)
13.3.10.6. Market Revenue and Forecast, by Application (2017-2030)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Platform (2017-2030)
13.4.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.4.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.4.4. Market Revenue and Forecast, by Component (2017-2030)
13.4.5. Market Revenue and Forecast, by System Size (2017-2030)
13.4.6. Market Revenue and Forecast, by Application (2017-2030)
13.4.7. GCC
13.4.7.1. Market Revenue and Forecast, by Platform (2017-2030)
13.4.7.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.4.7.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.4.7.4. Market Revenue and Forecast, by Component (2017-2030)
13.4.7.5. Market Revenue and Forecast, by System Size (2017-2030)
13.4.7.6. Market Revenue and Forecast, by Application (2017-2030)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Platform (2017-2030)
13.4.8.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.4.8.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.4.8.4. Market Revenue and Forecast, by Component (2017-2030)
13.4.8.5. Market Revenue and Forecast, by System Size (2017-2030)
13.4.8.6. Market Revenue and Forecast, by Application (2017-2030)
13.4.9. South Africa
13.4.9.1. Market Revenue and Forecast, by Platform (2017-2030)
13.4.9.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.4.9.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.4.9.4. Market Revenue and Forecast, by Component (2017-2030)
13.4.9.5. Market Revenue and Forecast, by System Size (2017-2030)
13.4.9.6. Market Revenue and Forecast, by Application (2017-2030)
13.4.10. Rest of MEA
13.4.10.1. Market Revenue and Forecast, by Platform (2017-2030)
13.4.10.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.4.10.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.4.10.4. Market Revenue and Forecast, by Component (2017-2030)
13.4.10.5. Market Revenue and Forecast, by System Size (2017-2030)
13.4.10.6. Market Revenue and Forecast, by Application (2017-2030)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Platform (2017-2030)
13.5.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.5.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.5.4. Market Revenue and Forecast, by Component (2017-2030)
13.5.5. Market Revenue and Forecast, by System Size (2017-2030)
13.5.6. Market Revenue and Forecast, by Application (2017-2030)
13.5.7. Brazil
13.5.7.1. Market Revenue and Forecast, by Platform (2017-2030)
13.5.7.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.5.7.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.5.7.4. Market Revenue and Forecast, by Component (2017-2030)
13.5.7.5. Market Revenue and Forecast, by System Size (2017-2030)
13.5.7.6. Market Revenue and Forecast, by Application (2017-2030)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Platform (2017-2030)
13.5.8.2. Market Revenue and Forecast, by Fuel Type (2017-2030)
13.5.8.3. Market Revenue and Forecast, by End-Use (2017-2030)
13.5.8.4. Market Revenue and Forecast, by Component (2017-2030)
13.5.8.5. Market Revenue and Forecast, by System Size (2017-2030)
13.5.8.6. Market Revenue and Forecast, by Application (2017-2030)
Chapter 14. Company Profiles
14.1. Siemens
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Emerson Electric Co
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Schneider Electric
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. ABB
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Rockwell Automation, Inc
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Honeywell
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
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