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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 | Dec 2015

Heating up: Rebound in industrial activity and facility upgrades will sustain recovery

IBISWorld’s Boiler & Heat Exchanger Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 10-15
2.3%
Annual Growth 15-20
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Profit
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Employment
3,964
Businesses
65
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. 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 further constraining the industry. 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 Locations Chapter

The distribution of industry facilities generally follows the distribution of primary markets and suppliers, as this reduces transportation costs and improves delivery time.

Ontario

Ontario dominates the industry, accounting for 36.7% of industry establishments. The province is home to about 40.0% of Canada's manufacturing facilities, providing a large downstream market for industry players. In particular, Ontario accounts for the largest number of power generation and chemical and metal manufacturing facilities. The large concentration of metal manufacturing plants also provides the industry with a steady supply of steel and other raw materials... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Boiler & Heat Exchanger Manufacturing Industry?

This industry manufactures 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 enables 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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