North America Burner Management System (BMS) Market To Surpass Valuation Of US$ 2.7 Bn By 2031 - Digital Journal

2022-05-14 22:09:43 By : Ms. mary xu

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Transparency Market Research delivers key insights on the North America burner management system (BMS) market. In terms of revenue, the North America burner management system market is estimated to expand at a CAGR of 5.2% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the North America burner management system market.

The North America burner management system (BMS) market is broadly affected by several factors, including stringent government regulations & standards supporting installation of safety burner management system, and consistent demand for burner management system (BMS) for industrial process automation.

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Burner management systems (BMS) are used to ensure safe start-up, operation, and shut down of the burners. Burner management is the safety system that ensures it is safe to have a flame in the furnace or boiler. When any abnormal & unsafe situation occurs where it is no longer safe to run the burner, then the BMS initiates emergency shutdown and prevents fuel from entering the furnace. It also supervises the safety of the fired equipment, and it also sequences the burner through the firing cycle. BMS monitors, protects, operates, and maintains all the plant’s combustion assets safely, reliably, and securely.

Multiple accidents and incidents prompted various governments to enact related legislation, and entire industry organizations comply with safety standards & regulations in order to avoid further accidents. Safety controls on direct-fired heaters have been evolving consistently for the Past few years, and the evolution has gained traction in the last five years. This is due to the introduction of government regulations & standards that actively enforce application of existing codes. Some detailed and prescriptive standards have been available for a long time; however, the rate and degree of acceptance throughout the sector varies considerably. Most operating corporations have their own set of standards, which may differ from one facility to another. Increased stringency of government rules and regulations as well as a rising number of lawsuits for accidents in which appropriate codes and guidelines being followed for both existing and new heater installations has prompted the adoption of advanced BMS across various industries.

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In North America, BMS is typically designed by applying codes and standards such as NFPA 85 (Boiler and Combustion Systems Hazard Code), NFPA 86 (Standard for Ovens and Furnaces), NFPA 87 (Recommended Practice for Fluid Heaters) or API 556 (Instrumentation and Control Systems for Fired Heaters and Steam Generators). These standards provide detailed guidelines on the quantity, quality, and types of sensors and valves required during design of the BMS, along with the logic necessary to safely trip the unit as needed.

The industry has also begun to use new performance-based standards to design safety systems such as IEC 61508, IEC 61511, and ANSI/ISA S84.01. These standards establish a set of criteria for the amount of risk a specific end user is willing to accept, and can thus assist in addressing the hazards associated with a specific location. These guidelines, when adequately implemented, provide a wealth of information on how to use and develop a programmed logic solver in a safety application. Moreover, global importance of SIL (Safety Integrity Levels) has increased significantly in the process industries in the Past couple of years, which has further fueled the adoption of the burner management system, as BMS are in compliance with SIL level up to 3. All these factors are driving the market.

The burner management system (BMS) market in North America is projected to expand significantly during the forecast period, owing to the presence of key market players & end users and strong demand from chemical, petroleum, food & beverage, and mining industries. Moreover, countries such as the U.S. and Canada in the region offer significant opportunities for manufacturers on a long-term basis due to the expansion of the industrial sector in the region.

The expansion of chemical, food processing, pharmaceutical, and oil & gas industries across the region is generating significant revenues, backed by increased availability of a wide range of processed foods, chemicals, and refined oil products, which are attracting a significant portion of the region’s revenue. This factor is having a positive impact on the boiler and its control system.

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The adoption of BMS is being fueled by rise in demand for smart technologies in manufacturing facilities, power plants, and the food industry in order to boost efficiency. Additionally, the government in the region is taking steps to minimize carbon emissions and investing in biomass boilers to promote clean energy, which, in turn, is estimated to further propel the burner management system (BMS) market at a rapid pace.

Moreover, the installation of BMS in existing as well as new heaters has become necessary due to rising government legislation and regulations, as well as an increase in lawsuits for accidents. Consequently, demand for burner management systems has increased in the region. The expansion of this sector has also been influenced by rapid industrial expansion.

Key players operating in the North America burner management system market are ABB Ltd., Born, Inc., Emerson Electric Co., Energy Technology & Control Ltd., Honeywell International Inc., Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, Zeeco, Inc., and Forney Corporation.

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