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Boiler & Heat Exchanger Manufacturing in Ohio

Author.Name IBISWorld United States Last Updated: August 2025 NAICS OH33241

Boiler & Heat Exchanger Manufacturing in Ohio industry analysis

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

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to xx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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

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

Definition of the Boiler & Heat Exchanger Manufacturing in Ohio?

This industry primarily manufactures boilers and heat exchangers. Boilers are closed vessels where the fluid is heated, while heat exchangers enable thermal energy to be transferred between fluids while keeping them separate. Industry products are used in a variety of industrial, energy and commercial markets.

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

The Boiler & Heat Exchanger Manufacturing in Ohio includes manufacturing heat exchangers and steam condensers, manufacturing boilers and parts/attachments and manufacturing nuclear reactor steam supply systems. Related terms covered in the Boiler & Heat Exchanger Manufacturing in Ohio industry report includes a contact condenser that uses a long, vertical pipe where water and other liquids are removed by the pressure at the end of the pipe, a heat exchange device that heats fluid up to its boiling point while improving boiler efficiency, 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 Ohio

Benchmark the Boiler & Heat Exchanger Manufacturing in Ohio industry performance with all OH county and national performance.

Boiler & Heat Exchanger Manufacturing in Ohio

#5 in Highest Revenue 7.9% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Boiler & Heat Exchanger Manufacturing in the US


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 Ohio

See how key industry drivers, such as population, newly issued building permits, per capita disposable income, value of private nonresidential construction, private investment in industrial equipment and machinery and value of utilities construction are impacting Boiler & Heat Exchanger Manufacturing in Ohio

Ohio Economic Indicators

Population
Newly issued building permits
Per Capita Disposable Income

View more economic information in OH State Economic profile

US Key External Drivers

Value of private nonresidential construction
Private investment in industrial equipment and machinery
Value of utilities construction

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

County Data of the Boiler & Heat Exchanger Manufacturing industry in Ohio

Access proprietary data on county in the Boiler & Heat Exchanger Manufacturing in Ohio, such as Hamilton County, Summit County and Cuyahoga County. Data includes figures on revenue, establishments, employees and wages by counties.

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

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 Ohio in 2025?

The market size of the Boiler & Heat Exchanger Manufacturing industry in Ohio is $580.2m in 2025.

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

There are 13 businesses in the Boiler & Heat Exchanger Manufacturing industry in Ohio, which has been declining at an average annual rate of -2.8% from 2020 to 2025.

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

The market size of the Boiler & Heat Exchanger Manufacturing industry in Ohio has been declining at an average annual rate of -3.3% from 2020 to 2025.

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

There are 1,483 employees in the Boiler & Heat Exchanger Manufacturing industry in Ohio, which has been declining at an average annual rate of -1.0% from 2020 to 2025.