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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 2016

Melting down: Increasing import penetration will subdue the industry's revenue growth

IBISWorld’s Metalworking Machinery Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 11-16
1.1%
Annual Growth 16-21
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Profit
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Employment
23,033
Businesses
1,704
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. However, trade growth and an overall improving Canadian economy are expected to increase revenue in the five years to 2021... purchase to read more

Industry Report - Industry Products Chapter

Industrial mold manufacturing

IBISWorld estimates that industrial mold manufacturers account for the majority of industry revenue at 30.0% in 2016. This market segment is engaged in manufacturing industrial molds for casting metals or forming other materials, such as plastics, glass, or rubber. Molds for plastic products are primarily used by injection-molding manufacturers. Like the manufacturers of die sets and jigs, downstream markets sometimes require special molds to mass produce goods. Unlike die sets and jigs, industrial molds have a limited life because changing product specifications will require a new mold. An improving automobile manufacturing industry generally has a positive impact on this industry segment... 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
Industrial mold manufacturingMetal-cutting and forming machinerySpecial 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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