Burner Management System Market Analysis Report By Platform, By Fuel Type, By End-Use, By Component, By System Size, By Application, By Region And Segment Forecasts From 2019 To 2025

Industry Insights

The burner management system (BMS) market across the globe was valued at USD 5.05 Billion in 2018. It is projected to witness growth with a 6.1% CAGR from 2019 to 2025. This growth can be associated with the rising awareness about the safety of burners while start-up, shut down, and operations. These systems are widely being adopted across industries for improving operational efficiency, reducing maintenance costs, and providing a safe and secure work environment for the plant operators.

The rising growth across the industrial sector is projected to pave the way for BMS in boiler processing. Further, the initiatives undertaken by statutory governing bodies for ensuring boiler safety and employee security across industries like oil and gas, power generation, and chemicals are projected to drive the market growth for BMS in the upcoming years.    

A majority of the key companies across the market have started complying with the industry standards for enhancing operational safety, system availability, and hassle-free maintenance. Further, huge investments in the R&Ds are also being made by these players for making the systems more technologically advanced.

The rising proliferation across the burner management systems market has paved the way for the development of technologically advanced burners which can monitor the boiler controls like usage of hours of usage, slack temperature, boiler efficiency, and fuel usage. Also, the demand for advanced systems for burner controls is increasing owing to features like alarm management.

Platform Insights

The segment of PLC (Programmable Logic Control) held the largest share across the global market in 2018. It is also anticipated to continue its dominance over the forecasted years with a 5.0% CAGR. This can be attributed to its rising popularity across the majority of industries owing to enhanced reliability and versatility. Moreover, its feature of quick-response is influencing its usage for applications like safety shutdown and fire control.

The segment of DCS (Distributed Control Systems) is anticipated to witness the fastest growth from 2019 to 2025. This can be associated with its wide range of applications across industries like power generation, pharmaceuticals, paper & pulp, water & wastewater, and chemicals. Moreover, their features like cost-effectiveness, availability of open-source DCS coupled with advanced technological process control abilities are anticipated to further fuel up its market growth in the upcoming years.

Fuel Type Insights

The segment of gas held the largest share across the global BMS market in 2018. This can be attributed to their eco-friendly nature as compared to coal-powered and oil ones.  Further, rising preference over usage of gas-fired burners across all industries on account of the highest operational efficiency and natural gas availability is anticipated to drive the market growth in the upcoming years.

Several statutory governing organizations across the globe have started imposing stringent rules and regulations for minimizing pollution levels. As these systems produce a minimal amount of Sulfur Dioxide (SO2), Nitrogen Oxides (NOx), and Carbon Dioxide (CO2), their demand is projected to surge across the globe. As, oil and coal release harmful chemicals on their emission of account of complex molecule structure, the demand for the gas segment is further anticipated to grow during the forecasted years.

End-Use Insights

In 2018, the segment of oil and gas held the largest share across the global market.  This growth can be attributed to the rising need for burners and BMS across components like line heaters, dehydrators, heaters, re-boilers, and separators. Moreover, the increasing need for optimized efficiency, a safe and secure work environment, and compliance with norms and standards is projected to drive market growth in the upcoming years.

In the past, many industries have experienced major accidents across the globe. But, as the technological development in the BMS has geared up coupled with the surging adoption of engineering practices, the chances for such accidents have been reduced considerably.

Component Insights

In 2018, the hardware segment held the largest share across the global burner management systems market. This segment includes actuators and controllers, flame detectors, ignition units, alarms, and shut-off valves. Among these, the sub-segment of alarms and shutdowns is anticipated to witness the fastest growth with more than 7.0% CAGR from 2019 to 2025. This can be attributed to the rising concerns about burner safety.

The segment of software is projected to witness the highest growth with around 7.0% CAGR during the forecasted years. A BMS system includes hardware, power supplies, I/O systems. An autonomous system is preferred by the customers in which hardware component accounts for a major share as compared to the software segment.

Application Insights

The burner management systems can be segmented into single-burner and multi-burner systems based on the application type. The single-burner BMS is simple in terms of construction and operation well-equipped with controlling and monitoring functions. But, in the industries where more than one burner is used for firing the common chamber, the customized approach can be used for designing the BMS.

The segment of multi-burners held the largest share across the global market in 2018. It is also expected to witness more than 7.0% CAGR from 2019 to 2025. This growth can be attributed to the demand for multi-burners and the complexity associated with them. These systems are widely used in incinerators, chemical heating, and dryers.

System Size Insights

The BMS can be segmented into small, medium, and large systems based on their sizes. The segment of medium burners dominated the global market with a share of around 44% in 2018. It is also anticipated to continue its dominance over the forecasted years, 2019 to 2025.

The large burner segment is anticipated to register a 7.0% CAGR during the forecasted years. The time required for setting up large burners is more as compared to the other types. These burners are mainly managed by an electromechanical relay or electronic control system.

Regional Insights

In 2018, North America dominated the market with s share of around 33.0%.  It is also anticipated to continue its growth over the forecasted years, 2019 to 2025. This growth can be attributed to the rising adoption rate of advanced technologies coupled with the growth of the oil and gas industry across this region.

The Middle East & Africa is anticipated to register the highest growth with an 8.0% CAGR from 2019 to 2025. It held a share of around 12% across the global market in 2018. This growth can be associated with the rising demand for boilers across this region. Also, the expansion and development of power and infrastructure projects are expected to create the demand for such burner safety systems in the upcoming years.

Burner Management System Market Share Insights

The key players in the market are Emerson Electric Co., Siemens, Schneider Electric, Rockwell Automation, Inc., Honeywell, and ABB. These players are engaged in developing means for reducing the BMS costs. Major players across this market have started offering features like error checking, built-in diagnostics, and redundancy management.

The majority of the system integrators providing BMS services have started locally assembling hardware parts and outsourcing the software required for their operations. This has enabled these players for supplying a variety of systems at lower prices without hampering operational efficiency. Several companies have started developing advanced systems for reducing emissions.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends from 2015 to 2025 in each of the sub-segments. For the purpose of this study, Million Insights has segmented the global burner management system market report based on platform, fuel type, end-use, component, system size, application, and region:

• Platform Outlook (Revenue, USD Million, 2015 - 2025)
    • Distributed Control System (DCS)
    • Programmable Logic Controller (PLC)

• Fuel Type Outlook (Revenue, USD Million, 2015 - 2025)
    • Oil
    • Gas
    • Others

• End-Use Outlook (Revenue, USD Million, 2015 - 2025)
    • Oil & Gas
    • Power
    • Chemical
    • Pharmaceutical
    • Others

• Component Outlook (Revenue, USD Million, 2015 - 2025)
    • Hardware
        • Actuators & Controllers
        • Flame Detectors
        • Shut-Off Valves
        • Ignition Units
        • Alarms & Shutdowns
    • Software

• System Size Outlook (Revenue, USD Million, 2015 - 2025)
    • Small
    • Medium
    • Large

• Application Outlook (Revenue, USD Million, 2015 - 2025)
    • Single-Burner
    • Multiple-Burner

• Regional Outlook (Revenue, USD Million, 2015 - 2025)
    • North America
        • U.S.
        • Canada
    • Europe
        • U.K.
        • Germany
    • the Asia Pacific
        • China
        • India
        • Japan
    • Latin America
        • Brazil
        • Mexico
    • Middle East& Africa (MEA)