+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Asia Pacific Burner Management System Market Size, Share & Trends Analysis Report By Component (Hardware, Software, and Services), By Fuel Type (Gas, Oil, and Other Fuel Type), By Application, By Industry, By Country and Growth Forecast, 2024 - 2031

  • PDF Icon

    Report

  • 130 Pages
  • December 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6041569
The Asia Pacific Burner Management System Market is expected to witness market growth of 6.7% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Burner Management System Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $652.7 million by 2031. The Japan market is exhibiting a CAGR of 6.1% during 2024-2031. Additionally, the India market is expected to experience a CAGR of 7.4% during 2024-2031.



Several factors have driven the adoption of burner management systems (BMS). Stringent safety regulations and standards imposed by governmental bodies and industry associations have significantly driven the adoption of BMS. Compliance with these regulations is crucial to avoid accidents and penalties. Industries increasingly focus on improving operational efficiency to reduce costs and enhance productivity. BMS contributes to this by optimizing burner performance, reducing fuel consumption, and minimizing downtime.

Advances in automation and control technologies have made modern BMS more sophisticated and user-friendly. These systems offer enhanced monitoring, diagnostics, and control capabilities, making them more attractive to industries. Growing awareness of environmental issues and the need to reduce carbon footprints have prompted industries to adopt BMS. These systems help achieve better combustion efficiency and lower emissions, contributing to environmental sustainability. Industrial growth in emerging economies has led to increased demand for BMS.

India’s chemicals and petrochemicals sector, valued at $215 billion in 2023, is expected to grow significantly to $300 billion by 2025. The production of major chemicals is also rising, with 53.54 lakh tons produced up to August 2023. This growth reflects increased industrial activity in one of the world’s largest and fastest-growing markets. The chemicals and petrochemicals industry is highly energy-intensive, requiring precise management of combustion processes in reactors, furnaces, and other high-temperature production systems. As India’s chemicals sector grows, the demand for BMS solutions will increase, driven by the need for efficient fuel management and optimization of combustion processes across the nation’s expanding chemical plants and refineries. Therefore, China and India are experiencing growth in industrial sectors that rely heavily on energy-intensive processes, making burner management systems.

List of Key Companies Profiled

  • ABB Group
  • Babcock & Wilcox Enterprises, Inc.
  • Pilz GmbH & Co. KG
  • Emerson Electric Co.
  • GE Vernova Group
  • Honeywell International, Inc.
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • Siemens AG
  • Yokogawa Electric Corporation

Market Report Segmentation

By Component

  • Hardware
  • Software
  • Services

By Fuel Type

  • Gas
  • Oil
  • Other Fuel Type

By Application

  • Multiple-Burner
  • Single-Burner

By Industry

  • Oil & Gas
  • Chemical & Petrochemical
  • Power
  • Metals & Mining
  • Food & Beverages
  • Other Industry

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Burner Management System Market, by Component
1.4.2 Asia Pacific Burner Management System Market, by Fuel Type
1.4.3 Asia Pacific Burner Management System Market, by Application
1.4.4 Asia Pacific Burner Management System Market, by Industry
1.4.5 Asia Pacific Burner Management System Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Asia Pacific Burner Management System Market by Component
4.1 Asia Pacific Hardware Market by Country
4.2 Asia Pacific Software Market by Country
4.3 Asia Pacific Services Market by Country
Chapter 5. Asia Pacific Burner Management System Market by Fuel Type
5.1 Asia Pacific Gas Market by Country
5.2 Asia Pacific Oil Market by Country
5.3 Asia Pacific Other Fuel Type Market by Country
Chapter 6. Asia Pacific Burner Management System Market by Application
6.1 Asia Pacific Multiple-Burner Market by Country
6.2 Asia Pacific Single-Burner Market by Country
Chapter 7. Asia Pacific Burner Management System Market by Industry
7.1 Asia Pacific Oil & Gas Market by Country
7.2 Asia Pacific Chemical & Petrochemical Market by Country
7.3 Asia Pacific Power Market by Country
7.4 Asia Pacific Metals & Mining Market by Country
7.5 Asia Pacific Food & Beverages Market by Country
7.6 Asia Pacific other Industry Market by Country
Chapter 8. Asia Pacific Burner Management System Market by Country
8.1 China Burner Management System Market
8.1.1 China Burner Management System Market by Component
8.1.2 China Burner Management System Market by Fuel Type
8.1.3 China Burner Management System Market by Application
8.1.4 China Burner Management System Market by Industry
8.2 Japan Burner Management System Market
8.2.1 Japan Burner Management System Market by Component
8.2.2 Japan Burner Management System Market by Fuel Type
8.2.3 Japan Burner Management System Market by Application
8.2.4 Japan Burner Management System Market by Industry
8.3 India Burner Management System Market
8.3.1 India Burner Management System Market by Component
8.3.2 India Burner Management System Market by Fuel Type
8.3.3 India Burner Management System Market by Application
8.3.4 India Burner Management System Market by Industry
8.4 South Korea Burner Management System Market
8.4.1 South Korea Burner Management System Market by Component
8.4.2 South Korea Burner Management System Market by Fuel Type
8.4.3 South Korea Burner Management System Market by Application
8.4.4 South Korea Burner Management System Market by Industry
8.5 Singapore Burner Management System Market
8.5.1 Singapore Burner Management System Market by Component
8.5.2 Singapore Burner Management System Market by Fuel Type
8.5.3 Singapore Burner Management System Market by Application
8.5.4 Singapore Burner Management System Market by Industry
8.6 Malaysia Burner Management System Market
8.6.1 Malaysia Burner Management System Market by Component
8.6.2 Malaysia Burner Management System Market by Fuel Type
8.6.3 Malaysia Burner Management System Market by Application
8.6.4 Malaysia Burner Management System Market by Industry
8.7 Rest of Asia Pacific Burner Management System Market
8.7.1 Rest of Asia Pacific Burner Management System Market by Component
8.7.2 Rest of Asia Pacific Burner Management System Market by Fuel Type
8.7.3 Rest of Asia Pacific Burner Management System Market by Application
8.7.4 Rest of Asia Pacific Burner Management System Market by Industry
Chapter 9. Company Profiles
9.1 ABB Group
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 SWOT Analysis
9.2 Babcock & Wilcox Enterprises, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.3 Pilz GmbH & Co. KG
9.3.1 Company Overview
9.4 Emerson Electric Co.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 GE Vernova Group
9.5.1 Company Overview
9.5.2 SWOT Analysis
9.6 Honeywell International, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 SWOT Analysis
9.7 Rockwell Automation, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 SWOT Analysis
9.8 Schneider Electric SE
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 SWOT Analysis
9.9 Siemens AG
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 SWOT Analysis
9.10. Yokogawa Electric Corporation
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 SWOT Analysis

Companies Mentioned

  • ABB Group
  • Babcock & Wilcox Enterprises, Inc.
  • Pilz GmbH & Co. KG
  • Emerson Electric Co.
  • GE Vernova Group
  • Honeywell International, Inc.
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • Siemens AG
  • Yokogawa Electric Corporation

Methodology

Loading
LOADING...