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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 | Dec 2015

Poor harvest: Slumping crop prices and reduced purchases will reduce revenue

The Tractors & Agricultural Machinery 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
Market Share of Companies
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 10-15
3.4%
Annual Growth 15-20
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Profit
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Employment
15,585
Businesses
449
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 Products Chapter

Because exports to the United States account for a very significant portion of industry revenue, industry product segmentation is very similar to US industry product segmentation. Indeed, many industry establishments are located close to the US-Canada border to facilitate trade. While tractor and related machinery manufacturers generally do not realize revenue from customer service and support activities, they nonetheless remain an integral part of the industry's business model. The often-crucial nature of the products this industry creates and supplies dictates that end users be adept and confident when using them.

Harvesting machinery

Harvesting machinery is the largest agricultural product segment and mainly includes combines... 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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