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 - Industry Key Buyers Chapter
Market share concentration within the Boiler and Heat Exchanger Manufacturing industry is low, with the top four producers accounting for an estimated 32.3% of total industry revenue in 2014. The level of concentration within the industry has remained stable in recent years. However, there has been a significant amount of merger and acquisition (M&A) activity over the five-year period. Tempering the impact of M&A has been SPX Corporation's declining focus on the United States for manufacturing revenue.
The industry is characterized by a large number of medium-size businesses, with an estimated 265 companies in 2014. There is a medium level of competition in the industry, making certain that no company has the ability to take a large share of the market... purchase to read more