Industry Analysis & Industry Trends
The Automobile Electronics Manufacturing industry stabilized after dropping significantly following the recession. The industry was negatively affected by the Canadian and US automotive crisis, during which downstream demand for industry products declined sharply due to the financial troubles of North America's major auto manufacturing companies. However, subsequent growth in downstream markets has led to solid demand for Canadian automobile electronics. While competition from imports is expected to remain strong, continued growth in Canadian and US automobile manufacturing sectors is expected to support demand for industry products... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Automobile Electronics Manufacturing industry has a high level of industry concentration, with the industry's top three companies are expected to account for 83.4% of industry revenue in 2016. The industry is dominated by Magna International, one of Canada's largest companies and one of the world's largest manufacturers and distributors of automobile parts. The rest of the industry, however, is composed of much smaller companies, all of which control market shares of less than 5.0% of total industry revenue.
Industry concentration has been on the rise over the past five years as smaller, less-profitable companies went out of business in the wake of the automotive crisis... purchase to read more