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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 | Mar 2013

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

IBISWorld’s Metalworking Machinery Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 08-13
-4.4%
Annual Growth 13-18
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Profit
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Employment
18,910
Businesses
1,740
Industry Analysis & Industry Trends

Although metalworking machinery represents a key capital investment for many downstream manufacturing industries, the Canadian Metalworking Machinery Manufacturing industry exhibits an ongoing state of decline. In an effort to salvage profit, operators have been reducing their labor forces, which in turn reduces wages. Despite these attempts at solutions, the outlook is not rosy, and revenue is expected to continue declining through 2018... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

IBISWorld analysis reveals this industry is declining. During the 10 years to 2018, industry value added (IVA), which measures the industry's contribution to the Canadian economy, is projected to decrease 4.2%. In comparison, Canadian GDP is forecast to rise at an average rate of 2.4% annually during the same period. The discrepancy between IVA and GDP over the 10-year period usually indicates an industry in the midst of decline, and other factors point to this conclusion.

Based on data from the Canadian government, import growth is occurring. IBISWorld expects imports to increase at an annualized rate of 1.3% and total an estimated $3.1 billion during the 10 years to 2018... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Metalworking Machinery Manufacturing Industry?

This industry comprises establishments primarily engaged in manufacturing 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 primarily engaged in manufacturing industrial moulds; tools, dies, jigs and fixtures; machine tool accessories and attachments; and rolls are included.

Industry Products
Other metalworking machinery manufacturingIndustrial mould manufacturing
 
Industry Activities
Manufacturing industrial mouldsManufacturing tools, dies, jigs and fixturesManufacturing machine tool accessories and attachmentsManufacturing rolls and other metalworking machinery


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