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Global Cycling Wear Market to reach USD 7.86 billion by 2027.

Global Burner Management System Market Size study, by Platform (Distributed Control System, Programmable Logic Controller), by Fuel Type (Oil and Gas), by End-Use (Oil & Gas, Power, Chemical and Pharmaceuticals), by System Size (Small, Medium and Large), by Application (Single Burner and Multiple Burner), by Component (Hardware and Software) and Regional Forecasts 2021-2027

Product Code: OIRIMAE_97443089
Publish Date: 7-08-2020
Page: 200

Global Burner Management System Market is valued approximately USD 5.59 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.25% over the forecast period 2021-2027.

The Burner Management System is a risk control system used mostly in oil, gas and chemical industries for the safe start and shut down of fire heaters. It also makes sure the safety of the equipment and workers while the heaters are operating. Other benefits consist of minimization of maintenance, improved uptime, saving the fuel costs and creation of a harmless environment for the personnel working near the heater. All these advantages are vital across industries and this will contribute to the growth of Burner Management System Market. Due to multiple use of various process burners, boilers and furnaces, Chemical, Power and Oil industries have registered significant increase in demand for Burner Management System. According to European Chemical Industry Council, Global chemical sales (excluding pharmaceuticals) are projected to grow from 4.19 trillion in 2017 to 7.97 trillion by 2030 (in USD). Asia is anticipated to account for almost 70 per cent of total sales. Indian Brand Equity Foundation projects chemical industry expected to reach US$ 304 billion by 2025 from US$ 178 billion in 2019, registering a CAGR of 9.3%. The flexibility issues of Burner Management System may hamper the growth of Burner Management System Market. Separate Systems are easier to use for monitoring purposes in factories. But increased awareness, coupled with increased investment, regarding safety norms and regulations of workers in heavy industries shows opportunity of further growth for market in the next decade.

The regional analysis of global Burner Management System Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading contributor in this market due to high-rate of technological adoption in industries. Due to growing oil & gas, pharmaceutical and petrochemical industries, Asia-Pacific is the most emerging market across the globe. Emerging economies like China and India are expected to drive to growth of the market. Middle-east is also expected to exhibit high growth rate in the next decade due to same reasons.

Major market player included in this report are:

ABB
ACL Manufacturing Inc.
Cimarron Energy Inc.
Combust Corp.
Forney Corporation
Honeywell
Rockwell Automation, Inc.
Schneider Electric
Siemens
Emerson Electric Co.

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:
By Platform:
Distributed Control System
Programmable Logic Controller
By Fuel Type:
Oil
Gas
Others
By End-Use:
Oil & Gas
Power
Chemical
Pharmaceuticals
Others
By System Size:
Small
Medium
Large
By Application:
Single Burner
Multiple Burner
By Component:
Hardware
Software

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
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Burner Management System 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

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Burner Management System Market, by Region, 2019-2027 (USD Billion)
1.2.2. Burner Management System Market, by Platform, 2019-2027 (USD Billion)
1.2.3. Burner Management System Market, by Fuel Type, 2019-2027 (USD Billion)
1.2.4. Burner Management System Market, by End-Use, 2019-2027 (USD Billion)
1.2.5. Burner Management System Market, by System Size, 2019-2027 (USD Billion)
1.2.6. Burner Management System Market, by Application, 2019-2027 (USD Billion)
1.2.7. Burner Management System Market, by Component, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Burner Management System 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 Burner Management System Market Dynamics
3.1. Burner Management System Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increased Demand from End-Use Industries
3.1.1.2. Technological adoption to avoid hazardous workplace incidents
3.1.2. Market Challenges
3.1.2.1. Relatively less flexible than other systems
3.1.3. Market Opportunities
3.1.3.1. Growing awareness for safety of workers across industries
Chapter 4. Global Burner Management System Market Industry 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 (2018-2027)
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
Chapter 5. Global Burner Management System Market, by Platform
5.1. Market Snapshot
5.2. Global Burner Management System Market by Platform, Performance – Potential Analysis
5.3. Global Burner Management System Market Estimates & Forecasts by Platform 2018-2027 (USD Billion)
5.4. Burner Management System Market, Sub Segment Analysis
5.4.1. Distributed Control System
5.4.2. Programmable Logic Controller
Chapter 6. IPTV Global Burner Management System Market, by Fuel Type
6.1. Market Snapshot
6.2. Global Burner Management System Market by Fuel Type, Performance – Potential Analysis
6.3. Global Burner Management System Market Estimates & Forecasts by Fuel Type 2018-2027 (USD Billion)
6.4. Burner Management System Market, Sub Segment Analysis
6.4.1. Oil
6.4.2. Gas
6.4.3. Others
Chapter 7. Global Burner Management System Market, by End-Use
7.1. Market Snapshot
7.2. Global Burner Management System Market by End-Use, Performance – Potential Analysis
7.3. Global Burner Management System Market Estimates & Forecasts by End-Use 2018-2027 (USD Billion)
7.4. Burner Management System Market, Sub Segment Analysis
7.4.1. Oil & Gas
7.4.2. Power
7.4.3. Chemical
7.4.4. Pharmaceuticals
7.4.5. Others
Chapter 8. Global Burner Management System Market, by System Size
8.1. Market Snapshot
8.2. Global Burner Management System Market by System Size, Performance – Potential Analysis
8.3. Global Burner Management System Market Estimates & Forecasts by System Size 2018-2027 (USD Billion)
8.4. Burner Management System Market, Sub Segment Analysis
8.4.1. Small
8.4.2. Medium
8.4.3. Large
Chapter 9. Global Burner Management System Market, by Application
9.1. Market Snapshot
9.2. Global Burner Management System Market by Application, Performance – Potential Analysis
9.3. Global Burner Management System Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
9.4. Burner Management System Market, Sub Segment Analysis
9.4.1. Single Burner
9.4.2. Multiple Burner
Chapter 10. Global Burner Management System Market, by Component
10.1. Market Snapshot
10.2. Global Burner Management System Market by Component, Performance – Potential Analysis
10.3. Global Burner Management System Market Estimates & Forecasts by Component 2018-2027 (USD Billion)
10.4. Burner Management System Market, Sub Segment Analysis
10.4.1. Hardware
10.4.2. Software
Chapter 11. Global Burner Management System Market, Regional Analysis
11.1. Burner Management System Market, Regional Market Snapshot
11.2. North America Burner Management System Market
11.2.1. U.S. Burner Management System Market
11.2.1.1. Platform Type breakdown estimates & forecasts, 2018-2027
11.2.1.2. Fuel Type breakdown estimates & forecasts, 2018-2027
11.2.1.3. End-Use Type breakdown estimates & forecasts, 2018-2027
11.2.1.4. System Size Type breakdown estimates & forecasts, 2018-2027
11.2.1.5. Application Type breakdown estimates & forecasts, 2018-2027
11.2.1.6. Component Type breakdown estimates & forecasts, 2018-2027
11.2.2. Canada Burner Management System Market
11.3. Europe Burner Management System Market Snapshot
11.3.1. U.K. Burner Management System Market
11.3.2. Germany Burner Management System Market
11.3.3. France Burner Management System Market
11.3.4. Spain Burner Management System Market
11.3.5. Italy Burner Management System Market
11.3.6. Rest of Europe Burner Management System Market
11.4. Asia-Pacific Burner Management System Market Snapshot
11.4.1. China Burner Management System Market
11.4.2. India Burner Management System Market
11.4.3. Japan Burner Management System Market
11.4.4. Australia Burner Management System Market
11.4.5. South Korea Burner Management System Market
11.4.6. Rest of Asia Pacific Burner Management System Market
11.5. Latin America Burner Management System Market Snapshot
11.5.1. Brazil Burner Management System Market
11.5.2. Mexico Burner Management System Market
11.6. Rest of The World Burner Management System Market

Chapter 12. Competitive Intelligence
12.1. Top Market Strategies
12.2. Company Profiles
12.2.1. ABB
12.2.1.1. Key Information
12.2.1.2. Overview
12.2.1.3. Financial (Subject to Data Availability)
12.2.1.4. Product Summary
12.2.1.5. Recent Developments
12.2.2. ACL Manufacturing Inc.
12.2.3. Cimarron Energy Inc.
12.2.4. Combust Corp.
12.2.5. Forney Corporation
12.2.6. Honeywell
12.2.7. Rockwell Automation, Inc.
12.2.8. Schneider Electric
12.2.9. Siemens
12.2.10. Emerson Electric Co.
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

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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