Rev your engine: Collapsing oil prices facilitated industry revenue growth

The Automobile Engine and Parts Manufacturing industry in Ontario is composed of businesses that produce gasoline engines and their associated components. The Canadian automotive sector has been subject to various fluctuations in demand over the five years to 2018 including a collapse in commodity prices over 2015, a concomitant devaluation of the Canadian dollar and a renegotiation of the North American Free Trade Agreement, which is integral to the success of provincial operators. As a result, industry revenue has oscillated wildly. Over the next five years, the industry is forecast to continue its expansion, albeit at a subdued pace. Continued relocation of auto production outside of Canada is expected to limit downstream demand for gasoline more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23

Industry Threats & Opportunities

  • The industry has been at the mercy of myriad political and macroeconomic uncertainties
  • Industry Report - Industry Locations Chapter

    Ontario is home to 57.0% of the national industry’s establishment counts. Akin to the broader manufacturing sector, Ontarian producers are centralized in a few key areas of the province. The Toronto economic region regularly comprises more than 40.0% of manufacturing establishments and employees due to its proximity to major downstream automakers and a densely populated region from which operators can recruit skilled employees. Following Toronto, the Kitchener-Waterloo-Barrie and the Hamilton-Niagara Peninsula economic regions are home to the next-greatest proportion of industry establishments and employees. The...purchase to read more.

    Additional Insights for the Automobile Engine & Parts Manufacturing in Ontario Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Automobile Engine & Parts Manufacturing in Ontario Industry are

  • Access to automated manufacturing technology
  • Ability to accommodate environmental requirements
  • Effective cost controls
  • IBISWorld analysts also discuss how external factors such as Canadian effective exchange rate index and Consumer Confidence Index in the Automobile Engine & Parts Manufacturing in Ontario industry impact industry performance..

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    What's in this report

    What is the Automobile Engine & Parts Manufacturing in Ontario Industry?

    This industry is primarily engaged in manufacturing and rebuilding motor vehicle gasoline engines and engine parts, whether or not for vehicular use. This does not include diesel engines.

    Industry Products
  • New engines
  • Rebuilt engines
  • Carburetors and parts
  • Pistons, piston rings and pins
  • Engine valves
  • Industry Activities
  • Crankshaft
  • Camshaft
  • Fuel injection system
  • Carburetor
  • Piston and piston ring
  • Fuel pump
  • Timing gear and chain
  • Engine valve
  • Gasoline engine block and assembly
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Canadian effective exchange rate index
  • Consumer Confidence Index
  • World price of crude oil
  • Light vehicle sales in Ontario
  • Truck sales in Ontario

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Automobile Engine & Parts Manufacturing in Ontario Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Car & Automobile Manufacturing in Canada
  • SUV & Light Truck Manufacturing in Canada
  • Truck & Bus Manufacturing in Canada
  • Auto Parts Wholesaling in Canada

  • Key Selling Industries
  • Aluminum Manufacturing in Canada
  • Iron & Steel Manufacturing in Canada
  • Metal Stamping & Forging in Canada
  • Metalworking Machinery Manufacturing in Canada

  • Products & Services
  • New engines
  • Rebuilt engines
  • Pistons, piston rings and pins
  • Engine valves
  • Carburetors and parts
  • Chart: Automobile Engine & Parts Manufacturing in Ontario Industry Products and Services Segmentation

  • Major Markets
  • Original equipment manufacturers (OEMs)
  • Automotive repair shops
  • Auto parts stores
  • Chart: Major Market Segmentation for the Automobile Engine & Parts Manufacturing in Ontario Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Automobile Engine & Parts Manufacturing in Ontario

  • Basis of Competition
    Barriers to Entry
    Ford Motor Company of Canada Limited, Honda Canada Inc., Linamar Corporation, General Motors,
  • Table: Ford Motor Company of Canada Limited - financial performance
  • Table: Honda Canada Inc. - financial performance
  • Table: Linamar Corporation - financial performance
  • Table: General Motors - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Automobile Engine & Parts Manufacturing in Ontario Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Automobile Engine & Parts Manufacturing in Ontario Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Manufacturing GDP of Ontario (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Average Fuel Economy
  • The fuel economy of an automobile is a ratio between distance travelled by a vehicle and the amount of fuel consumed.
  • Big Three
  • Another name for the top US automobile manufacturers, which are General Motors, Ford and Chrysler.
  • Electric Vehicle
  • A plug-in vehicle that eschews gasoline in favour of an electric battery.
  • Hybrid Vehicle
  • A vehicle that uses both gasoline and electricity to power its engine.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Automobile Engine & Parts Manufacturing in Ontario market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Automobile Engine & Parts Manufacturing in Ontario:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Automobile Engine & Parts Manufacturing in Ontario market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Automobile Engine & Parts Manufacturing in Ontario, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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