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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 | Apr 2016

Cruise control: Strengthening US auto sector will fuel industry exports

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 11-16
6.8%
Annual Growth 16-21
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Profit
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Employment
13,548
Businesses
288
Industry Analysis & Industry Trends

Revenue for the Auto Parts Manufacturing industry is expected to grow in the five years to 2016 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 2021, as increasingly stringent emissions regulations heighten demand particularly for fuel-efficient parts... purchase to read more

Industry Report - Industry Investment Chapter

Auto parts manufacturing is moderately capital-intensive industry, which is typical for most industries in the automotive sector. In 2016, for every $1.00 spent on labour, industry operators invest an estimated $0.25 in capital. A majority of the industry's products, including air conditioning units and exhaust systems, must be modified periodically for use in vehicles of different sizes and layouts. This periodic retooling of machinery increases the need for proper machinery and equipment. Additionally, volatile gas prices are prompting automakers to produce smaller vehicles with superior fuel economy. To meet these goals, automakers are working with suppliers more frequently to reduce the weight of component systems and improve performance... 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 bagsAutomobile body partsOther 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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