Increasing demand for spares
The global industrial burner market size was valued at USD 5.83 billion in 2022 and is projected to reach USD 9.85 billion by 2031. The growing demand for spare parts is driven by several key factors and reflects a broader market trend towards repairing rather than replacing products.
Industry insights reveal that customers are increasingly opting for repairs to extend the life of their equipment due to the high costs associated with new installations. The economic pressure on both businesses . . .
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