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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 2017

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
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

Over the past five years, the Boiler and Heat Exchanger Manufacturing industry has experienced significant volatility. Right before the five-year period, industry revenue hit a trough as the recession caused economic and industrial activity to plummet, forcing manufacturers, utilities and commercial developers to cancel or postpone investment into new buildings, facilities and equipment, hurting demand for industry products. However, the recession was relatively shallow, and the economy steadily recovered in subsequent years. Industrial activity picked up, and demand from downstream markets such as oil extraction, petroleum refining and electric power generation expanded, resulting in more demand for industry products... purchase to read more

Industry Report - Industry Analysis Chapter

Over the past five years, the Boiler and Heat Exchanger Manufacturing industry let off some steam, as recovering demand for industry products kept industry revenue afloat. Industry players design, manufacture and occasionally install power boilers and heat exchangers. Power boilers are closed vessels in which liquid is heated to create steam or gas for power generation and other processes, while heat exchangers are used for the efficient heat transfer from one medium to another. Both pieces of equipment are used in a wide variety of industrial and commercial building processes, ranging from electric power generation and climate control to petroleum refining and oil extraction. As .. 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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