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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

The Boiler & Heat Exchanger Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 - Starting a New Business Chapter

The Boiler and Heat Exchanger Manufacturing industry exhibits moderate barriers to entry. New entrants have to invest a significant amount of capital to acquire manufacturing facilities and equipment. Moreover, companies have to hire skilled metalworkers and engineers, which can be hard to find and train. New companies also face stiff competition from encumbered players who typically have more technological knowhow and respectable reputations. Furthermore, incumbent operators might have long-term supply contracts with customers, which essentially locks out new competition. The moderate level of industry regulation may also deter new comers, as it increases compliance costs... 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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