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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 2014

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

IBISWorld’s Auto Parts Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 09-14
7.4%
Annual Growth 14-19
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Profit
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Employment
16,619
Businesses
341
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 2019, 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 facilities, 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 2014... 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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