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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 | Dec 2013

High speed: Surging vehicle sales will spur demand for auto parts

IBISWorld’s Auto Parts 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
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 08-13
3.5%
Annual Growth 13-18
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Profit
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Employment
16,112
Businesses
331
Industry Analysis & Industry Trends

As consumer confidence fell over the five-year period, unemployment soared and consumers delayed big-ticket purchases, such as new cars. As a result, automakers reduced production levels, which hindered industry revenue growth. Over the five years to 2018, domestic auto parts manufacturers are expected to thrive as demand for automobiles continues to increase, bolstered by improving economic conditions... purchase to read more

Industry Report - Starting a New Business Chapter

Auto parts manufacturers must have the production capacity and economies of scale to produce large quantities of products at low prices. Additionally, large-scale auto part production requires advanced manufacturing facilites, which have high set-up costs. Moreover, with the onset of tighter fuel economy regulations, spending on research and development is high for certain products, such as air conditioning units and exhaust systems. New entrants must also acquire considerable technological expertise to produce vehicle components compliant with new regulatory standards.

Auto parts manufacturers, depending on the product produced, face tough competition from abroad. For example, imports are expected to account for more than half of domestic demand in 2013... 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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