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Boiler & Heat Exchanger Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Boiler & Heat Exchanger Manufacturing in Canada Market Research Report | NAICS 33241CA | Jan 2015

Heating up: Improving markets will fuel the industry's recovery, but import competition remains a threat

IBISWorld’s Boiler & Heat Exchanger Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 10-15
4.9%
Annual Growth 15-20
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Profit
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Employment
4,145
Businesses
68
Industry Analysis & Industry Trends

Over the past five years, the Boiler and Heat Exchanger Manufacturing industry recovered from its recessionary trough. Industrial activity picked up, and demand from downstream markets expanded, resulting in more demand for industry products. However, the rise in general industrial activity was lukewarm and import competition intensified, tapering industry revenue growth. In the next five years, import competition is projected to intensify, tapering industry growth. Nonetheless, continued economic and industrial growth will fuel more demand for industry products, and industry places will also increase their focus on exports. Consequently, revenue is expected to climb... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Boiler and Heat Exchanger Manufacturing industry is in its mature life cycle stage. In the 10 years to 2020, industry value added (IVA), which measures the industry's contribution to the overall economy, is forecast to increase at an annualized 3.5%. GDP is expected to grow at a similar annualized rate of 2.2%. While IVA growth that is faster than GDP usually indicates a growing industry, most of the past five years' rise in wages and capital investment has to do with a return to normal, prerecession, levels. Because industry products are necessary in so many economically fundamental sectors such as electric power generation, the overall performance of the industry is a reflection of general economic conditions... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Boiler & Heat Exchanger Manufacturing Industry?

This industry manufacturers boilers and heat exchangers. In addition to their manufacturing activities, companies also provide installation services for their products. These products include boilers, which are closed vessels where fluid is heated; heat exchangers, which allow thermal energy to be transferred between fluids while keeping them separate; and radiators, which are simpler forms of heat exchangers.

Industry Products
Heat exchangers and steam condensersPower boilersOther products
 
Industry Activities
Manufacturing heat exchangers and steam condensersManufacturing boilersManufacturing nuclear reactor steam supply systemsManufacturing aftercoolersManufacturing economizersInstalling industry products


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