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Car & Automobile Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Car & Automobile Manufacturing in Canada Market Research Report | NAICS 33611aCA | Feb 2014

Full speed ahead: Automakers will benefit from steady new car sales, despite rising oil prices

IBISWorld’s Car & Automobile 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
$24bn
Annual Growth 09-14
4.6%
Annual Growth 14-19
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Profit
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Employment
29,805
Businesses
92
Industry Analysis & Industry Trends

The industry has been on a bumpy road over the past five years. The recession in the United States, the industry's primary export destination, crippled consumer demand for new vehicles and Canadian production was hampered. Over the next five years, automakers will continue to benefit from steady new car sales; however, rising oil prices may ultimately subdue the true growth potential of the industry as more expensive gas prices generally discourage purchasing new cars. Demand for hybrids and electric vehicles is also likely to rise, leading to greater profitability in the industry... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

IBISWorld indicates that the Car and Automobile Manufacturing industry in Canada is in the mature stage of its life cycle. Industry value added, a measure of the industry's contribution to the overall economy, is expected to grow at an annualized rate of 2.6% over the 10 years to 2019. Comparatively, Canadian GDP growth is expected to reach 2.4% per year on average over the same period. The industry's robust growth can be attributed to the downturn in the entire automotive sector at the height of the country's recession in 2009, and its subsequent recovery. Although the industry is expected to grow at a faster rate than the overall economy, this strong performance is not indicative of the industry as a whole... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Car & Automobile Manufacturing Industry?

Companies in this industry manufacture cars and automobile chassis. These companies, referred to as automakers, typically produce cars, including electric cars, in assembly plants. The manufacture of light trucks (e.g. vans, pickups and SUVs), heavy trucks and motorcycles is excluded from this industry.

Industry Products
Compact and subcompact carsMid-size and full-size sedansSports carsLuxury cars
 
Industry Activities
Automobile assemblyAutomobile chassis


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