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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 | Jun 2015

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

IBISWorld’s Boiler & Heat Exchanger Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 10-15
2.4%
Annual Growth 15-20
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Profit
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Employment
3,982
Businesses
66
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 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 an annualized 4.3%. GDP is expected to grow at a slower 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 prerecessionary 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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