Boiler & Heat Exchanger Manufacturing in Canada
Over the five years to 2017, the Boiler and Heat Exchanger Manufacturing industry in Canada has experienced significant volatility. As the economy steadily recovered, 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, which increased slowly over the past five years. Over the five years to 2022, industry revenue is expected to continue to grow, albeit at a slower pace. Continued economic and industrial growth will fuel more demand for industry products as manufacturers expand their facilities and purchase new equipment.
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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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