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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 2015

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

The Car & Automobile Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$35bn
Annual Growth 10-15
-3.0%
Annual Growth 15-20
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Profit
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Employment
16,314
Businesses
21
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 Products Chapter

To address consumers' changing preferences, automakers have been overhauling their product portfolios. Fuel efficiency has become a top design concern for manufacturers, with more car models featuring hybrid-electric drivetrains, smaller forced-induction engines and more advanced transmissions delivering fuel economy gains.

Midsize and full-size sedans

Midsize and full-size cars are the mainstay of this industry. Over the past 20 years, midsize and compact car sales have gained market share over full-size cars as consumer preferences changed. Skyrocketing gas prices in the early part of the five-year period made consumers trend toward mid-size, more fuel-efficient cars... 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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