Boiler & Heat Exchanger Manufacturing in Canada
Over the five years to 2018, the Boiler and Heat Exchanger Manufacturing industry in Canada has experienced significant volatility. Industry operators 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 transfer of heat from one medium to another. Industry revenue began to rebound from historic lows prior to the five-year period. However, the industry has not kept pace with this short-lived expansion. Over the five years to 2023, industry revenue is expected to continue its contraction.
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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