Boiler & Heat Exchanger Manufacturing in the US - Industry Market Research Report

Boiler & Heat Exchanger Manufacturing in the US

Over the five years to 2019, performance has fluctuated for the Boiler and Heat Exchanger Manufacturing industry due to highly cyclical demand from the industry's key markets. In addition, globally determined price levels of key inputs, such as steel, are volatile and influence the selling price of boilers and heat exchangers. Steel prices experienced sharp declines during the beginning of the current period due to global overcapacity, lowering selling prices and subduing revenue growth for the industry; however, these factors began to rebound later during the period. Over the five years to 2024, rebounding industrial and general manufacturing activity is likely to boost demand for boilers and heat exchangers. In addition, the trade-weighted index is expected to decline slightly over the next five years, limiting potential import penetration in this industry and spurring growth in total exports. The price of steel is expected to increase over the next five years.

This industry primarily manufactures boilers and heat exchangers. Boilers are closed vessels where the fluid is heated, while heat exchangers enable thermal energy to be transferred between fluids while keeping them separate. Industry products are used in a variety of industrial, energy and commercial markets.

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.


  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2019)
    • Table Industry Structure
  • Industry Performance
    • Table Demand from food manufacturing
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table KEY BUYING INDUSTRIES
    • Table KEY SELLING INDUSTRIES
    • Table Products and services segmentation (2019)
    • Table Major market segmentation (2019)
    • Table Industry trade balance
    • Table Exports To...
    • Table Business Locations 2019
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
    • Table Trade Globalization
  • Major Companies
    • Table Major Players
    • Table SPX Corporation (US industry-specific segment) - financial performance*
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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