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Tractors & Agricultural Machinery Manufacturing in Canada: Market Research Report

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

Tractors & Agricultural Machinery Manufacturing in Canada Market Research Report | NAICS 33311CA | Mar 2015

Bountiful harvest: Strong export growth and improving technology will spur demand

IBISWorld’s Tractors & Agricultural Machinery 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
$4bn
Annual Growth 10-15
5.4%
Annual Growth 15-20
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Profit
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Employment
15,585
Businesses
398
Industry Analysis & Industry Trends

The industry benefits from the essential nature of agricultural equipment, such as tractors and combines, to modern-day farming operations. Nevertheless, when farmers delayed new equipment purchases amid tough domestic and global economic conditions, demand for big-ticket items like large tractors plummeted in 2010. However, the industry has since emerged from the doldrums, driven by global farm demand. Improving economic conditions worldwide and larger downstream farming operations will stimulate demand for industry machinery moving forward... purchase to read more

Industry Report - Industry Locations Chapter

Businesses are either located close to key farming areas, large wholesalers or the US-Canada border to facilitate trade. Notably, because the industry's major players have operations throughout Canada and the United States, regions with shares of revenue higher than their share of the population are indicative of regions that export a lot of tractors and agricultural machinery to the United States. For example, Manitoba accounts for 31.4% of revenue, 12.5% of establishments, but only 3.6% of the population. Manitoba is in proximity to the US state of Minnesota, one of the largest producers of field crops in the United States. Field crops use agricultural machinery intensely for cultivation, seeding, harvesting and baling, making this region ideal for the industry's products... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Tractors & Agricultural Machinery Manufacturing Industry?

This industry manufactures agricultural machinery and equipment and powered home lawn and garden equipment. Agricultural equipment includes tractors, harvesting and seeding machinery and other machinery, such as grinders, mixers, wool presses and windmills.

Industry Products
Harvesting machineryHaying machineryPlanting machineryParts sold separatelyDairy equipmentAll other tractors
 
Industry Activities
Manufacturing farm tractors and attachmentsManufacturing harvesting equipment and machineryManufacturing irrigation equipmentManufacturing seedersManufacturing sprayers and spreadersManufacturing powered-agricultural mowersManufacturing livestock feeding and watering equipment


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