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Auto Parts Manufacturing in Canada: Market Research Report

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

Auto Parts Manufacturing in Canada Market Research Report | NAICS 33639CA | Jun 2015

High gear: Continued rebound in US auto sector will fuel demand for industry products

IBISWorld’s Auto Parts 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
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 10-15
4.9%
Annual Growth 15-20
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Profit
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Employment
14,348
Businesses
288
Industry Analysis & Industry Trends

Revenue for the Auto Parts Manufacturing industry is expected to grow in the five years to 2015 due to a rebound in demand from automakers. As consumer confidence rose over the five-year period, consumers released pent-up demand for big-ticket items such as new cars, driving demand for upstream parts suppliers. Industry operators depend heavily on demand from US manufacturers, and a favourable exchange rate over the period has lifted export revenue. These trends are expected to continue over the five years to 2020, as increasingly stringent emissions regulations heighten demand particularly for fuel-efficient parts... purchase to read more

Industry Report - Industry Locations Chapter

Operators in the Auto Parts Manufacturing industry tend to establish a manufacturing presence in Ontario and Quebec due to its proximity to the Great Lakes region in the United States. Ontario has the largest share of industry operators, accounting for an estimated 54.4% of establishments. The Great Lakes region in the United States is home to the largest US automakers including Ford, General Motors (GM) and Fiat-Chrysler. As a result, industry operators benefit from diminished transportation costs and subsequent higher profit margins. Although Quebec is not located directly near the Great Lakes region, it is still expected to account for 18.5% (the second-largest share) of industry establishments as it benefits from its proximity to Ontario... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Auto Parts Manufacturing Industry?

Companies in this industry manufacture and rebuild a wide variety of motor vehicle parts and accessories. These parts include air bags, air conditioners, catalytic converters, engine exhaust systems, mufflers and resonators, radiators, radiator cores and wheels.

Industry Products
HVAC systemsFiltersExhaust systemsWheelsRadiatorsAir bagsOther auto parts
 
Industry Activities
Manufacturing motor vehicle air conditionersManufacturing motor vehicle air bag assembliesManufacturing catalytic converters and engine exhaustManufacturing mufflers and resonatorsManufacturing radiators and coresManufacturing wheels (rims)


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