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Boiler & Heat Exchanger Manufacturing in Quebec

Author.Name IBISWorld Canada Last Updated: March 2025 NAICS QC33241CA

Boiler & Heat Exchanger Manufacturing in Quebec industry analysis

Revenue for the Boiler & Heat Exchanger Manufacturing industry in Quebec is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has decreased an annualized -x% to xx locations over the past five years. Industry employment has increased an annualized x.x% to xxx workers during the period, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x million, while revenue for the national industry will likely grow x%. The number of industry establishments is forecast to stagnate x% to xx locations over the next five years. Industry employment is expected to increase an annualized x.x% to x,xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Boiler & Heat Exchanger Manufacturing in Quebec Market Research Report

What’s Included in the Boiler & Heat Exchanger Manufacturing in Quebec Market Research Report

Definition of the Boiler & Heat Exchanger Manufacturing in Quebec?

This industry manufactures boilers and heat exchangers. In addition to their manufacturing activities, companies also provide installation services for their products. These products include boilers, which are closed vessels where fluid is heated; heat exchangers, which enables thermal energy to be transferred between fluids while keeping them separate; and radiators, which are simpler forms of heat exchangers.

What’s included in the Boiler & Heat Exchanger Manufacturing in Quebec?

The Boiler & Heat Exchanger Manufacturing in Quebec includes manufacturing heat exchangers and steam condensers, manufacturing boilers, manufacturing nuclear reactor steam supply systems, manufacturing aftercoolers, manufacturing economizers and installing industry products. Related terms covered in the Boiler & Heat Exchanger Manufacturing in Quebec industry report includes heating, ventilating and air-conditioning systems used to maintain air quality through ventilation and filtration, a closed vessel in which water or other fluids are heated and equipment built for efficient heat transfer from one medium to another. the media may be separated to prevent mixing or they may be in direct contact.

Industry Performance of the Boiler & Heat Exchanger Manufacturing industry in Quebec

Benchmark the Boiler & Heat Exchanger Manufacturing in Quebec industry performance with all QC Census Metropolitan Area and national performance.

Boiler & Heat Exchanger Manufacturing in Quebec

#2 in Highest Revenue 22.9% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Boiler & Heat Exchanger Manufacturing in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Boiler & Heat Exchanger Manufacturing industry in Quebec

See how key industry drivers, such as median houshold income, gross domestic product, private investment in non-residential construction, industrial capacity utilization, value of nonresidential construction and value of residential construction are impacting Boiler & Heat Exchanger Manufacturing in Quebec

Quebec Economic Indicators

Median Houshold Income
Gross Domestic Product
Private Investment in Non-Residential Construction

View more economic information in QC State Economic profile

Canada Key External Drivers

Industrial capacity utilization
Value of nonresidential construction
Value of residential construction

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Boiler & Heat Exchanger Manufacturing industry in Quebec

Access proprietary data on Census Metropolitan Area in the Boiler & Heat Exchanger Manufacturing in Quebec, such as Montréal, Drummondville and Granby. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Boiler & Heat Exchanger Manufacturing industry in Quebec

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Boiler & Heat Exchanger Manufacturing industry in Quebec in 2025?

The market size of the Boiler & Heat Exchanger Manufacturing industry in Quebec is $319.9m in 2025.

How many businesses are there in the Boiler & Heat Exchanger Manufacturing industry in Quebec in 2025?

There are 18 businesses in the Boiler & Heat Exchanger Manufacturing industry in Quebec, which has been declining at an average annual rate of -3.0% from 2020 to 2025.

Has the Boiler & Heat Exchanger Manufacturing industry in Quebec grown or declined over the past 5 years?

The market size of the Boiler & Heat Exchanger Manufacturing industry in Quebec has been growing at an average annual rate of 2.7% from 2020 to 2025.

How many employees in the Boiler & Heat Exchanger Manufacturing industry in Quebec in 2025?

There are 833 employees in the Boiler & Heat Exchanger Manufacturing industry in Quebec, which has been growing at an average annual rate of 2.6% from 2020 to 2025.