Industrial Boiler Control Systems Market: Introduction
- Industrial boiler control systems are frequently upgraded with new and advanced technologies and development of software in order to improve their functioning and productivity
- Incorporation of automation in industrial boiler plants helps in observing, maintaining, and controlling the functionality of the plant from a remote location
- Most boilers are not operated at their full capacity in a multi-boiler facility, due to various factors such as peak demand, load variations, and redundancies such as breakdowns
- The productivity of a boiler lowers when it functions at part load, owing to diminished combustion efficiency, radiation losses, and frequent burner trips resulting in boiler shutdowns
- Boilers consume a lot of energy. Thus, loss of efficiency of boilers can be unprofitable for a company. This factor has prompted companies to operate a base number of boilers at peak load in a multi-boiler facility.
- This can be accomplished by utilizing a sequence control system that would ensure boilers are fired in a controlled manner by averting regular over firing.
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Industrial Boiler Control Systems Market: Dynamics
- Rising demand for boiler sequence control systems acts as a driving factor for the global industrial boiler control systems market
- Moreover, increasing demand for online control of industrial boilers for energy management is expected to drive the global market in the next few years
- In addition, growing popularity of burner management systems (BMSs) has boosted the global industrial boiler control systems market
- However, rising demand for natural gas and renewable energy acts as a key factor restraining the global industrial boiler control systems market
Industrial Boiler Control Systems Market: Segmentation
- Based on type, the global industrial boiler control systems market can be divided into control elements and communication
- The control elements segment accounted for a leading share of the global industrial boiler control systems market in 2018. The segment is projected to continue its dominance throughout the forecast period.
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Asia Pacific to Lead Global Market for Industrial Boiler Control Systems
- In terms of region, the global industrial boiler control systems market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- Asia Pacific is likely to dominate the global market for industrial boiler control systems from 2019 to 2027, followed by EMEA and North America
- Rapid growth of the industrial sector in developing economies of Asia Pacific, such as China and India, has boosted the market in the region
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Key Manufacturers Operating in Market
The global industrial boiler control systems market was moderately fragmented in 2018. Key manufacturers operating in the global market are:
- Honeywell International Inc.
- Robert Bosch GmbH
- Emerson Electric Co.
- Cleaver-Brooks, Inc.
- Fuji Electric Co., Ltd.
- Woodward, Inc.
- Schneider Electric SE
- Siemens AG
- Yokogawa Electric Corporation
- Spirax-Sarco Engineering plc
Industrial Boiler Control Systems Market: Research Scope
Industrial Boiler Control Systems Market, by Type
- Control Elements
Global Industrial Boiler Control Systems Market, by Region
- North America
- Rest of North America
- Russia & CIS
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- South America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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