Industry Analysis & Industry Trends
The Boiler and Heat Exchanger Manufacturing industry is anticipated to grow modestly over the five years to 2014, as mixed performance in downstream markets has led to lackluster demand for industry products. In addition, globally determined price levels of key inputs, such as steel, influence the selling price of boilers and heat exchangers, thereby impacting industry revenue. In the coming years, the industry is expected to benefit from stronger domestic demand, as US industries shrug off the effects of the recession and increase manufacturing and extraction commercial operations. The industry is also projected to benefit from slowly rising metal prices, including steel prices, which it will pass downstream via higher selling prices... purchase to read more
Industry Report - Starting a New Business Chapter
The Boiler and Heat Exchanger Manufacturing industry has moderate barriers to entry, given the medium level of capital required to start a new business. The industry is in the mature stage of its industry life cycle; therefore, growth in the number of entrants has decreased. However, competition continues to remain high as there are still a significant number of operators in the industry, with an estimated 265 companies in 2014.
The level of industry assistance is at a medium level, given a number of different tariffs relating to industry products. These actions protect domestic producers somewhat from import competition (see the Industry Assistance section for further information)... purchase to read more