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| Market size in 2024 | US$ 412.7 million |
Forecast Market size by 2030 | US$ 543.6 million |
|---|---|---|---|
| Growth Rate | CAGR of 4.7% | Number of Pages | 120 Pages |
The global Radiant Burners market size was valued at US$ 412.7 million in 2024 and is projected to reach US$ 543.6 million by 2030, at a CAGR of 4.7% during the forecast period 2024-2030.
The United States Radiant Burners market size was valued at US$ 112.3 million in 2024 and is projected to reach US$ 143.8 million by 2030, at a CAGR of 4.2% during the forecast period 2024-2030.
Radiant burners are combustion devices that emit infrared radiation for efficient heating in industrial and commercial applications, providing uniform heat distribution and fuel efficiency.
The global Radiant Burners market is experiencing steady growth, driven by increasing demand for energy-efficient heating solutions in industrial processes. In 2023, total unit sales reached 285,000, with the industrial processing sector accounting for 55% of demand. The food processing industry is the fastest-growing segment at 6.2% annually. Key trends include a 15% increase in demand for low-NOx radiant burners in 2023, reflecting stricter emissions regulations. Natural gas-fired burners dominate with a 70% market share, but electric radiant burners are growing at 8% annually. The market is witnessing a 20% surge in R&D investments for IoT-integrated smart burner systems, focusing on remote monitoring and predictive maintenance capabilities. Asia Pacific leads with a 38% market share and is the fastest-growing region at 5.5% CAGR.
Report Overview
An Industrial burner is a mechanical device which uses gas or liquid fuel to produce flames in a controlled manner.
This report provides a deep insight into the global Radiant Burners market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Radiant Burners Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Radiant Burners market in any manner.
Global Radiant Burners Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Weishaupt
Ariston Thermo
Honeywell
JOHN ZINK
Bentone
IBS
Baltur
Oilon Group
OLYMPIA
Selas Heat
Market Segmentation (by Type)
under 1 M BTU/HR
under 10 M BTU/HR
under 20 M BTU/HR
under 30 M BTU/HR
above 50 M BTU/HR
Market Segmentation (by Application)
Food Processing Industry
Petrochemical Industry
Pulp & Paper Industry
Power Generation Industry
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Radiant Burners Market
Overview of the regional outlook of the Radiant Burners Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter
| Report Attributes | Report Details |
|---|---|
| Report Title | Global Radiant Burners Market Research Report 2024(Status and Outlook) |
| Market size in 2024 | US$ 412.7 million |
| Forecast Market size by 2030 | US$ 543.6 million |
| Growth Rate | CAGR of 4.7% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 120 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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