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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 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
$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 - Industry Investment Chapter

Auto parts manufacturing is moderately capital-intensive industry, which is typical for most industries in the automotive sector. In 2014, for every $1.00 spent on labour, industry operators invest an estimated $0.22 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 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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