Increase in seaborne trade fairs is likely to drive the growth of the global marine boiler burner market. Marine boiler burner is widely used in various passenger boats and cargo ships. In addition, advancements in the gas recirculation system coupled with improved air-to-fuel ratio and thermal load ratios are expected to accelerate the market growth during the forecast period. However, single block marine boiler burner is less efficient compared to double block burner, which may hamper the overall market growth. Conversely,the development of advanced marine boiler burner with low noise emission rate and easy installation will create lucrative opportunities in the market.
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The global marine boiler burner trends are as follows:
New technology to flourish the market
In October 2019, Alfa Laval launched Aalborg boiler technology offering dual fuel boilers, which will utilize new LNG fuel for propulsion. This will reduce the amount of emissions compared to conventional low-sulfur fuels. This will provide new opportunities for LNG in marine boiler burner market, thus enhancing the market growth.
Key Market Players
- Ocean Signal
- Kama Industries
- Schmitt &Ongaro
- Nrd Solutions
- Hella marine
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Key benefits of the report
- This study presents the analytical depiction of the global marine boiler burner market industry along with the current trends and market estimation to determine the imminent investment pockets.
- The report represents information related to key drivers, restraints, and opportunities along with detailed analysis of the marine boiler burner market share.
- The current market is quantitatively analyzed from 2022 to 2029 to highlight the marine boiler burner market growth scenario.
- The report provides a detailed market analysis depending on competitive and how the competition will take shape in coming years.
- This report helps users in comprehending the key product segments and their future.
COVID-19 Scenario Analysis
- The COVID-19 pandemic affects the trade activities, and the ongoing restriction on movement will hamper the productivity rate of marine boiler burner market.
- Limited export &import business due to less demand of goods is expected to decline the marine industry growth.
- In addition, insufficiency of raw materials for the production of marine boiler burners will cause temporary downfall.
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