According to the report, the value of industrial process furnace and oven production in the U.S. amounted to $2.4B in 2016, shrinking by -7.5% Y-o-Y. Overall, the U.S. industrial process furnace and oven output pursued a mild decline from 2007 to 2016. The total output figures decreased at an average annual rate of -0.3%. The trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most significant growth was recorded in 2010, when the value of production increased by +16% against the previous year level. Over the period under review, the output figure with regard to industrial process furnace and oven in the United States peaked at $2.6B in 2014, leveling off in the following year.
This report is designed to provide accurate and comprehensive data, as well as a detailed analysis of the current state and midterm prospects of the U.S. industrial process furnace and oven industry. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, revealing actionable insights in the industrial process furnace and oven industry. The report provides a forecast of the expected changes in the industrial process furnace and oven market in coming years, based on historical trends, external and internal factors, and the main developments affecting the market. Each section contains an in-depth analysis of the data provided. Further data in the report includes: the historical values and current projections regarding production and consumption volume, datasets on the industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
The trade section provides data on trade partners, such as historical data on imports & exports for each partner country, changes in the direction of trade, as well as import & export prices. An analysis of the industrial process furnace and oven trade shows the opportunities that are currently evolving for producers and suppliers in a changing market.