Fired Heaters Market by Product, Type and Geography - Forecast and Analysis 2023-2027

Published: Nov 2022 Pages: 160 SKU: IRTNTR43986

The Global Fired Heaters Market is estimated to grow by USD 158.27 million and the size of the market is forecast to increase by CAGR of 3.32% between 2022 and 2027. There are several factors attributing to the growth of the fired heaters market such as the rise in global oil and gas refinery capacity, emerging regulations and increasing government initiatives to reduce emissions, growth in global petrochemical and specialty chemicals industries, and many more. 

This report extensively covers market segmentation by Product (oil and gas, chemicals, and others), Type (direct fired heater and indirect fired heater), and Geography  (APAC, North America, Europe, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Fired Heaters Market During the Forecast Period?

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Technavio’s Exclusive Fired Heaters Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Fired Heaters Market Customer Landscape

Fired Heaters Market Segmentation by Product, Type, Geography

Product Segment Analysis:

Based on product, the market is segmented into oil and gas, chemicals, and others. The market share growth by the oil and gas segment will be significant during the forecast period. The oil and gas segment was valued at USD 408.57 million in 2017 and continue to grow by 2027. In the oil and gas segment, fired heaters are essential for heating thermic fluids, process fluids, feedstock, charge heating, steam heating, and thermal cracking in refineries. The design of these units depends on the application and the choice between vertical cylindrical or box-type furnace designs. These units are offered either for offshore or onshore installation.

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Petrochemicals are produced through a process called cracking. This entails splitting large hydrocarbon molecules into small molecules. Two different kinds of cracking are common: fluid catalytic cracking is used for petroleum fractions, and steam cracking is used for natural gas liquids. These processes frequently include the use of extreme temperature and pressure. 

Type Analysis

Direct-fired heaters will have a positive impact on the market. Direct-fired heaters basically work by using fuel, such as oil or gas, to heat the air. Virtually any style of furnace burner can be used in single or multi-burner configurations due to the flexible design of direct-fired heaters. Some of the major advantages of direct-fired heaters include the following: inexpensive to purchase and easy to install. Additionally, direct-fired heaters can utilize radiant, and convection heat transfer sections and can be constructed in various ways depending on the specific requirements of the customers. Virtually any style of furnace burner can be used in single or multi-burner configurations due to the flexible design of direct-fired heaters. For instance, Sigma Thermal offers convection style, API 560, and non-API radiant, convective heaters from 1MM to 80MM Btu/hr. These factors will influence the growth of the market.

Regional Analysis

APAC is estimated to contribute 31% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. 

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The regional market is driven by capacity expansions in the food and beverage, oil and gas, and chemical industries. Various countries in APAC, such as China, Japan, India, Indonesia, Malaysia, and Bangladesh, are witnessing a significant increase in urbanization and the disposable incomes of their citizens. Developing countries such as India, Indonesia, and Malaysia are focusing on improving their domestic manufacturing industries (including food production and chemicals), which will spur the demand for fluid filtration systems in industrial processes. For instance, to promote investment in the manufacturing industry, the Government of India introduced the Make in India initiative. This initiative allows 100% foreign direct investment (FDI) across several manufacturing industries, including food production and chemicals, in the country.

Covid Recovery Analysis:

 In H2 2021, due to the introduction of vaccines, lockdowns were lifted which has led to the reopening of oil and gas refineries, food processing units, and chemical processing units in the region. By the end of 2022, APAC's oil demand is expected to climb by 1.7 million barrels per day, up from 1.2 million barrels per day in 2021. This has had a favourable effect on the oil and gas industry's expansion. As a result, the demand for fired heaters is predicted to rise, propelling the market forward during the forecast period.

Key Drivers, Trends, and Challenges

The innovative features and user interfaces are notably driving the market growth, although factors such as growing demand for the global shift toward solar and wind energy may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Fired Heaters Market Driver

Growth in global petrochemical and specialty chemicals industries will drive the fired heaters market growth. Petrochemical products such as polyethylene, polypropylene, polyvinyl chloride, polystyrene, and polycarbonate, fertilizers, and specialty chemicals such as paints, coating, industrial cleaning chemicals, and catalysts form most of the global chemical industry output. The output from these industries is used across a variety of fields and end-use applications. As a result, the demand for fired heaters from the petrochemical industry is high. 

Significant Fired Heaters Market Trend

The rising demands for NOx reduction driving design variations will notably impact the market growth positively. In the past decade, fired heaters were designed with industry specifications to meet regulations and standards at the time of installation. However, the scenario has changed largely. Fired heater companies are incorporating necessary equipment and design patterns to modify the fired heater to meet the upgrades in standards and regulations. As per the current regulations, the emission standard of NOx is 76 parts per million by volume (ppmv). Many manufacturers are designing their heaters to meet future demands which will fuel the market during the forecast period.

Major Fired Heaters Market Challenge

Wind and solar power plants are increasingly preferred over fossil fuel-based power plants, especially in developed countries. Fossil fuel-based power plants that traditionally provide baseload power capacity are increasingly used to supplement the increased demand for electricity during peak hours, which cannot be met by renewable energy in some countries. For instance, the share of coal in generating electricity decreased to less than 10% in Austria, France, New Zealand, Luxembourg, Switzerland, and the UK, as of November 2020. This is the major factor slowing down the fired heaters market growth.

Who are the Major Fired Heaters Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Sigmathermal- Sigmathermal is a major player in the fired heaters market. The company offers fired heaters such as convection heaters, radiant convection heaters. Additionally, the company also offers various products such as thermal fluid systems, electric process heaters, direct fired heaters, process bath heaters, biomass energy systems, waste heat recovery, and other products.

Linde- This company is also a renowned fired heaters manufacturer. It offers fired heaters namely LINDOFLAMM. The company has captured markets primarily in the US, Canada, Mexico and Brazil, approximately 350 of which are mainly cryogenic air separation plants, hydrogen plants, and carbon dioxide plants.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Air Industrie Thermique
  • Boustead Singapore Ltd.
  • ComEnCo Inc.
  • Esteem Projects Pvt. Ltd.
  • Exotherm Corp.
  • G.C. Broach Co.
  • Hastings HVAC Inc.
  • Kilburn Engineering Ltd.
  • Linde Plc
  • Optimized Process Furnaces
  • Petrosadid Group
  • Pirobloc S.A
  • SCANDIUZZI STEEL CONSTRUCTIONS
  • Sigma Thermal Inc.
  • Stelter and Brinck Ltd.
  • TechEngineering S.r.l.
  • Thermax Ltd.
  • Tulsa Heaters Midstream
  • UnitBirwelco Ltd.
  • Westinghouse Air Brake

The report offers, clients a deeper understanding of the market and its players through a combined qualitative and quantitative analysis of the vendors. The analysis classifies vendors into categories based on their business approach, including pure-play, category-focused, industry-focused, and diversified. Vendors are specially categorized into dominant, leading, strong, tentative, and weak to understand the dos and don’ts of business which in turn can help a client make the best decision.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Deployment Outlook (USD Million, 2017 - 2027)
    • Direct-fired heater
    • Private
  • Application Outlook (USD Million, 2017 - 2027)
    • Large Enterprise
    • Small and Medium Enterprise
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Fired Heaters Market Scope

Report Coverage

Details

Page number

160

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 3.32%

Market growth 2023-2027

$ 158.27 million

Market structure

Fragmented

YoY growth 2022-2023(%)

3.1

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 31%

Key countries

US, Canada, China, Japan, India, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Air Industrie Thermique, Boustead Singapore Ltd., ComEnCo Inc., Esteem Projects Pvt. Ltd., Exotherm Corp., G.C. Broach Co., Hastings HVAC Inc., Kilburn Engineering Ltd., Linde Plc, Optimized Process Furnaces, Petrosadid Group, Pirobloc S.A, SCANDIUZZI STEEL CONSTRUCTIONS, Sigma Thermal Inc., Stelter and Brinck Ltd., TechEngineering S.r.l., Thermax Ltd., Tulsa Heaters Midstream, UnitBirwelco Ltd., and Westinghouse Air Brake

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Fired Heaters Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the fired heaters market between 2023 and 2027
  • Precise estimation of the size of the fired heaters market size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across APAC, North America, Europe, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of fired heaters market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global Fired Heaters Market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global Fired Heaters Market 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Oil and gas - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Oil and gas - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Oil and gas - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Oil and gas - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Oil and gas - Year-over-year growth 2022-2027 (%)
    • 6.4 Chemicals - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Chemicals - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Chemicals - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Chemicals - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Chemicals - Year-over-year growth 2022-2027 (%)
    • 6.5 Others - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Product
      • Exhibit 46: Market opportunity by Product ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 47: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 48: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 49: Chart on Comparison by Type
      • Exhibit 50: Data Table on Comparison by Type
    • 7.3 Direct fired heater - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Direct fired heater - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Direct fired heater - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Direct fired heater - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Direct fired heater - Year-over-year growth 2022-2027 (%)
    • 7.4 Indirect fired heater - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Indirect fired heater - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Indirect fired heater - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Indirect fired heater - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Indirect fired heater - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 59: Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 India - Market size and forecast 2022-2027
      • Exhibit 101: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.13 Canada - Market size and forecast 2022-2027
      • Exhibit 105: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 107: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.14 Market opportunity by geography
      • Exhibit 109: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 110: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 112: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 113: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 114: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 115: Matrix on vendor position and classification
            • 12.3 Air Industrie Thermique
              • Exhibit 116: Air Industrie Thermique - Overview
              • Exhibit 117: Air Industrie Thermique - Product / Service
              • Exhibit 118: Air Industrie Thermique - Key offerings
            • 12.4 Boustead Singapore Ltd.
              • Exhibit 119: Boustead Singapore Ltd. - Overview
              • Exhibit 120: Boustead Singapore Ltd. - Business segments
              • Exhibit 121: Boustead Singapore Ltd. - Key offerings
              • Exhibit 122: Boustead Singapore Ltd. - Segment focus
            • 12.5 Esteem Projects Pvt. Ltd.
              • Exhibit 123: Esteem Projects Pvt. Ltd. - Overview
              • Exhibit 124: Esteem Projects Pvt. Ltd. - Product / Service
              • Exhibit 125: Esteem Projects Pvt. Ltd. - Key offerings
            • 12.6 Exotherm Corp.
              • Exhibit 126: Exotherm Corp. - Overview
              • Exhibit 127: Exotherm Corp. - Product / Service
              • Exhibit 128: Exotherm Corp. - Key offerings
            • 12.7 G.C. Broach Co.
              • Exhibit 129: G.C. Broach Co. - Overview
              • Exhibit 130: G.C. Broach Co. - Product / Service
              • Exhibit 131: G.C. Broach Co. - Key offerings
            • 12.8 Hastings HVAC Inc.
              • Exhibit 132: Hastings HVAC Inc. - Overview
              • Exhibit 133: Hastings HVAC Inc. - Product / Service
              • Exhibit 134: Hastings HVAC Inc. - Key offerings
            • 12.9 Kilburn Engineering Ltd.
              • Exhibit 135: Kilburn Engineering Ltd. - Overview
              • Exhibit 136: Kilburn Engineering Ltd. - Product / Service
              • Exhibit 137: Kilburn Engineering Ltd. - Key offerings
            • 12.10 Linde Plc
              • Exhibit 138: Linde Plc - Overview
              • Exhibit 139: Linde Plc - Business segments
              • Exhibit 140: Linde Plc - Key news
              • Exhibit 141: Linde Plc - Key offerings
              • Exhibit 142: Linde Plc - Segment focus
            • 12.11 Optimized Process Furnaces
              • Exhibit 143: Optimized Process Furnaces - Overview
              • Exhibit 144: Optimized Process Furnaces - Product / Service
              • Exhibit 145: Optimized Process Furnaces - Key offerings
            • 12.12 Sigma Thermal Inc.
              • Exhibit 146: Sigma Thermal Inc. - Overview
              • Exhibit 147: Sigma Thermal Inc. - Product / Service
              • Exhibit 148: Sigma Thermal Inc. - Key offerings
            • 12.13 Stelter and Brinck Ltd.
              • Exhibit 149: Stelter and Brinck Ltd. - Overview
              • Exhibit 150: Stelter and Brinck Ltd. - Product / Service
              • Exhibit 151: Stelter and Brinck Ltd. - Key offerings
            • 12.14 Thermax Ltd.
              • Exhibit 152: Thermax Ltd. - Overview
              • Exhibit 153: Thermax Ltd. - Business segments
              • Exhibit 154: Thermax Ltd. - Key news
              • Exhibit 155: Thermax Ltd. - Key offerings
              • Exhibit 156: Thermax Ltd. - Segment focus
            • 12.15 Tulsa Heaters Midstream
              • Exhibit 157: Tulsa Heaters Midstream - Overview
              • Exhibit 158: Tulsa Heaters Midstream - Product / Service
              • Exhibit 159: Tulsa Heaters Midstream - Key offerings
            • 12.16 UnitBirwelco Ltd.
              • Exhibit 160: UnitBirwelco Ltd. - Overview
              • Exhibit 161: UnitBirwelco Ltd. - Product / Service
              • Exhibit 162: UnitBirwelco Ltd. - Key offerings
            • 12.17 Westinghouse Air Brake
              • Exhibit 163: Westinghouse Air Brake - Overview
              • Exhibit 164: Westinghouse Air Brake - Business segments
              • Exhibit 165: Westinghouse Air Brake - Key news
              • Exhibit 166: Westinghouse Air Brake - Key offerings
              • Exhibit 167: Westinghouse Air Brake - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 168: Inclusions checklist
                • Exhibit 169: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 170: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 171: Research methodology
                • Exhibit 172: Validation techniques employed for market sizing
                • Exhibit 173: Information sources
              • 13.5 List of abbreviations
                • Exhibit 174: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              fired heaters market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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