| Product Code: ETC5076891 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Canada`s import trend for the boilers market saw a significant growth rate of 25.5% from 2023 to 2024, with a compound annual growth rate (CAGR) of 9.88% from 2020 to 2024. This surge in imports can be attributed to increased demand for energy-efficient heating solutions, reflecting a shift towards sustainability in the market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Boilers Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Boilers Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Boilers Market - Industry Life Cycle |
3.4 Canada Boilers Market - Porter's Five Forces |
3.5 Canada Boilers Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Canada Boilers Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Canada Boilers Market Revenues & Volume Share, By Fuel, 2021 & 2031F |
3.8 Canada Boilers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Canada Boilers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating solutions |
4.2.2 Growing focus on reducing greenhouse gas emissions |
4.2.3 Government initiatives promoting the adoption of clean energy technologies |
4.3 Market Restraints |
4.3.1 High initial investment cost for boiler installation |
4.3.2 Fluctuating raw material prices affecting manufacturing costs |
4.3.3 Intense competition from alternative heating technologies |
5 Canada Boilers Market Trends |
6 Canada Boilers Market Segmentations |
6.1 Canada Boilers Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Canada Boilers Market Revenues & Volume, By <10 MMBtu/hr, 2021-2031F |
6.1.3 Canada Boilers Market Revenues & Volume, By 10-50 MMBtu/hr, 2021-2031F |
6.1.4 Canada Boilers Market Revenues & Volume, By 50-100 MMBtu/hr, 2021-2031F |
6.1.5 Canada Boilers Market Revenues & Volume, By 100-250 MMBtu/hr, 2021-2031F |
6.1.6 Canada Boilers Market Revenues & Volume, By >250 MMBtu/hr, 2021-2031F |
6.2 Canada Boilers Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Canada Boilers Market Revenues & Volume, By Fire-tube, 2021-2031F |
6.2.3 Canada Boilers Market Revenues & Volume, By Water-tube, 2021-2031F |
6.3 Canada Boilers Market, By Fuel |
6.3.1 Overview and Analysis |
6.3.2 Canada Boilers Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.3.3 Canada Boilers Market Revenues & Volume, By Oil, 2021-2031F |
6.3.4 Canada Boilers Market Revenues & Volume, By Coal, 2021-2031F |
6.4 Canada Boilers Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Canada Boilers Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Canada Boilers Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Canada Boilers Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.5 Canada Boilers Market Revenues & Volume, By Utility, 2021-2031F |
7 Canada Boilers Market Import-Export Trade Statistics |
7.1 Canada Boilers Market Export to Major Countries |
7.2 Canada Boilers Market Imports from Major Countries |
8 Canada Boilers Market Key Performance Indicators |
8.1 Energy efficiency ratings of boilers being sold in the market |
8.2 Number of government incentives and subsidies supporting the adoption of eco-friendly boilers |
8.3 Growth in the number of residential and commercial construction projects utilizing boilers for heating purposes |
9 Canada Boilers Market - Opportunity Assessment |
9.1 Canada Boilers Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Canada Boilers Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Canada Boilers Market Opportunity Assessment, By Fuel, 2021 & 2031F |
9.4 Canada Boilers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Canada Boilers Market - Competitive Landscape |
10.1 Canada Boilers Market Revenue Share, By Companies, 2024 |
10.2 Canada Boilers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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