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Oven, Furnace & Furnace Burner Manufacturing in Bosnia & Herzegovina - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

BA-C2815 August 2024 Factsheet

Revenue

€14.5m

2019-2024 1.6 %
2024-2029 X.X %

Employees

117

2019-2024 5.1 %
2024-2029 X.X %

Businesses

5

2019-2024 0.0 %
2024-2029 X.X %

Wages

€X.Xm

2019-2024 XX.X %
2024-2029 X.X %

Oven, Furnace & Furnace Burner Manufacturing in Bosnia & Herzegovina market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Bosnia & Herzegovina compared to Europe?

Country Benchmarking

Industry Data Bosnia & Herzegovina

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#25 In Europe
Business
#24 In Europe
Employees
#25 In Europe
Wages
#26 In Europe

The Oven, Furnace & Furnace Burner Manufacturing in Bosnia & Herzegovina ranks 25 in Europe with regards to its 2024 revenue (€14.5m). Revenue received by operators in Bosnia & Herzegovina has been low in volatility over the past five-year period, with the average annual change in revenue (1.6 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Oven, Furnace & Furnace Burner Manufacturing industry in Bosnia & Herzegovina in 2024?

The market size of the Oven, Furnace & Furnace Burner Manufacturing industry in Bosnia & Herzegovina is €14.5m in 2024.

How many businesses are there in the Oven, Furnace & Furnace Burner Manufacturing in Bosnia & Herzegovina industry in 2024?

There are 5 businesses in the Oven, Furnace & Furnace Burner Manufacturing industry in Bosnia & Herzegovina, which has declined at a CAGR of 0.0 % between 2019 and 2024.

Has the Oven, Furnace & Furnace Burner Manufacturing industry in Bosnia & Herzegovina grown or declined over the past 5 years?

The market size of the Oven, Furnace & Furnace Burner Manufacturing industry in Bosnia & Herzegovina has been declining at a CAGR of 1.6 % between 2019 and 2024.

What is the forecast growth of the Oven, Furnace & Furnace Burner Manufacturing industry in Bosnia & Herzegovina over the next 5 years?

Over the next five years, the Oven, Furnace & Furnace Burner Manufacturing industry in Bosnia & Herzegovina is expected to grow.

What are the biggest companies in the Oven, Furnace & Furnace Burner Manufacturing market in Bosnia & Herzegovina?

The biggest companies operating in the Oven, Furnace & Furnace Burner Manufacturing market in Bosnia & Herzegovina are SMS Holding GmbH, Metso Outotec and Robert Bosch GmbH

What does the Oven, Furnace & Furnace Burner Manufacturing in Bosnia & Herzegovina include?

Electric furnaces and ovens and Parts for furnaces and ovens are part of the Oven, Furnace & Furnace Burner Manufacturing industry.

Which companies have the highest market share in the Oven, Furnace & Furnace Burner Manufacturing in Bosnia & Herzegovina?

The company holding the most market share in Bosnia & Herzegovina is SMS Holding GmbH.

How competitive is the Oven, Furnace & Furnace Burner Manufacturing industry in Bosnia & Herzegovina?

The level of competition is moderate and steady in the Oven, Furnace & Furnace Burner Manufacturing industry in Bosnia & Herzegovina.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

Companies in this industry manufacture electrical and other industrial furnaces, burners and ovens, including incinerators for industrial and domestic use and other thermal equipment. The industry does not include the manufacture of household electric stoves and ovens, central heating radiators and boilers, solar cells, solar panels and dryers.

What's included in this industry?

Electric furnaces and ovensParts for furnaces and ovensBurnersNon electric furnaces and ovens for roasting and meltingOther products

Industry Code

ISIC 2006

2815 - Manufacture of ovens, furnaces and furnace burners in Bosnia & Herzegovina

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Oven, Furnace & Furnace Burner Manufacturing in Bosnia & Herzegovina
  • Employees in the Oven, Furnace & Furnace Burner Manufacturing in Bosnia & Herzegovina
  • Business in the Oven, Furnace & Furnace Burner Manufacturing in Bosnia & Herzegovina
  • Profit in the Oven, Furnace & Furnace Burner Manufacturing in Bosnia & Herzegovina

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Manufacturers must abide by EU and national product standards and regulations. For example, the most essential set of rules for the commercial use of heat pumps is EU Regulation 517/2014 on hydrofluorocarbons.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Oven, Furnace & Furnace Burner Manufacturing in Bosnia & Herzegovina industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Large-scale manufacturers protect themselves against input inflation. Some large-scale manufacturers have managed to at least partially offload higher steel prices on downstream consumers or hedge against input price fluctuations via long-term fixed-price supply contracts.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Oven, Furnace & Furnace Burner Manufacturing in Bosnia & Herzegovina industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.