Industry Analysis & Industry Trends
The Boiler and Heat Exchanger Manufacturing industry is anticipated to grow in a volatile fashion over the five years to 2015 due to mixed performance in downstream 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. In the coming years, increased manufacturing, extraction and commercial operations are anticipated to boost demand for boilers and heat exchangers. However, ongoing import penetration will limit the degree to which domestic demand benefits industry operators... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Boiler and Heat Exchanger Manufacturing industry is in the mature stage of its economic life cycle. This stage is characterized by a stable contribution to economic output. Industry value added (IVA), which measures an industry's contribution to the overall economy, is expected to increase an annualized 3.3% during the 10 years to 2020; this is close to the US GDP's forecast growth over the period, at about 2.5% per year on average. Consequently, the industry's share of total economic output is stable.
Other characteristics are indicative of industry maturity, including a slowdown in the rate of operators entering the industry and in technological development... purchase to read more