Industry Analysis & Industry Trends
Demand for industry products will be boosted by overall growth in downstream markets like food production, heavy industrial facilities construction and machinery manufacturing. However, manufacturers will be threatened by growing imports, with competition from Asian countries steadily increasing. Additionally, demand for petroleum-related products will likely diminish as a result of growing interest in green technologies... purchase to read more
Industry Report - Industry Investment Chapter
The Boiler and Heat Exchanger Manufacturing industry has a low level of capital intensity. IBISWorld estimates that for every dollar spent on wages, the industry will allocate $0.08 in capital investment. This 2013 figure represents a significant increase from $0.05 in 2008. While the cost of new plants and equipment is large, and product innovation necessitates regular investment in new technology, skilled labor represents a much larger cost to the industry in general.
Relative capital intensity varies across firms and is dependent on a firm's size and the sophistication of its technology. A firm's capital intensity is also influenced by the markets it serves. Certain markets are more resource intensive because the projects require more engineering and manufacturing support... purchase to read more