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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 | Aug 2015

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

IBISWorld’s Metalworking Machinery Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 10-15
4.8%
Annual Growth 15-20
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Profit
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Employment
22,590
Businesses
1,720
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 Analysis Chapter

Establishments in the Metalworking Machinery Manufacturing industry make metal-cutting and metal-forming machine tools (except hand tools) and industrial molds. This industry's machine tools are often large, self-contained units that use a turning mechanism in combination with various knives, drills and bores to shape metals. The industry excludes devices that are held in operators' hands during use.

Over the five years to 2015, industry revenue is projected to increase at an annualized rate of 4.8% to $4.6 billion. Like many Canadian manufacturing industries, the Metalworking Machinery Manufacturing industry has been characterized by recovery over the past five years... 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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