Metalworking Machinery Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Metalworking Machinery Manufacturing in Canada Market Research Report | NAICS 33351CA | Aug 2015

Melting down: Increasing import penetration will perpetuate the industry's revenue declines

IBISWorld’s Metalworking Machinery Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

Although metalworking machinery represents a key capital investment for many downstream manufacturing industries, operators in the Canadian Metalworking Machinery Manufacturing industry have been in an ongoing state of decline. To salvage profit, operators have been reducing their labor forces, which in turn reduces wages. Despite these attempts at solutions, the industry outlook is not rosy, and revenue is expected to continue declining through 2020... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Metalworking Machinery Manufacturing industry is in the mature stage of its life cycle. During the 10 years to 2020, industry value added (IVA), which measures the industry's contribution to the Canadian economy, is projected to grow at an annualized rate of 3.7%. In comparison, Canadian GDP is forecast to rise at an average rate of 2.2% annually during the same period. Mature industries generally grow in line with growth in the wider economy.

Despite having outpaced growth of the Canadian economy in recent years, this trend reflects the fact that this industry is particularly sensitive to fluctuations in the level of industrial production, which has grown particularly strongly over the period as it recovers ground lost in the recession... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Metalworking Machinery Manufacturing Industry?

This industry comprises establishments that primarily manufacture metal-cutting and forming machine tools (except hand tools) and related products. The machine tools included in this industry are those not supported in the hands of an operator when in use. Establishments that primarily manufacture industrial molds; tools, dies, jigs and fixtures; machine tool accessories and attachments; and rolls are included in this industry.

Industry Products
Metal-cutting and forming machineryIndustrial mold manufacturingSpecial tool, die, jig and fixture manufacturingCutting tool and machine tool accessory manufacturingRolling mill machinery
Industry Activities
Manufacturing industrial moldsManufacturing tools, dies, jigs and fixturesManufacturing machine tool accessories and attachmentsManufacturing rolls and other metalworking machinery

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