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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 | Aug 2016

Cruise control: Strengthening US auto sector will fuel industry exports

IBISWorld’s Auto Parts 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
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 11-16
7.9%
Annual Growth 16-21
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Profit
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Employment
14,049
Businesses
294
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 Analysis Chapter

The Auto Parts Manufacturing industry produces a wide variety of motor vehicle parts and accessories, including airbags, air conditioners, catalytic converters, engine exhaust systems, mufflers and resonators, radiators, radiator cores and wheels. Over the five years to 2016, industry revenue has increased. As consumer confidence and employment continue to improve, demand for new vehicles is expected to increase, stimulating demand from upstream suppliers, such as auto parts manufacturers. Therefore, IBISWorld expects industry revenue to grow at an annualized rate of 7.9% to $7.8 billion over the five-year period, including a 5.5% increase in 2016... 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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