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Metalworking Machinery Manufacturing in Canada: Market Research Report

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

Metalworking Machinery Manufacturing in Canada Market Research Report | NAICS 33351CA | Sep 2016

Melting down: Increasing import penetration will subdue the industry's revenue growth

The Metalworking 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 11-16
2.6%
Annual Growth 16-21
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Profit
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Employment
23,033
Businesses
1,704
Industry Analysis & Industry Trends

The Canadian Metalworking Machinery Manufacturing industry produces industrial molds, metal-cutting machine tools and metal-forming machine tools. Metalworking machinery represents a key capital investment for many downstream manufacturing industries; with many of these industries enjoying a period of recovery, demand for industry products has grown over the past five years. The nature of the global economy has caused structural shifts across many manufacturing industries, which will likely continue posing a challenge to industry operators. In the five years to 2021, industry performance will likely remain constrained as steel prices rebound and imports continue to meet a greater share of domestic demand... purchase to read more

Industry Report - Industry Locations Chapter

By far, Ontario dominates the Canadian Metalworking Machinery Manufacturing industry, with about two-thirds of all manufacturing locations present in that province. Quebec comes in a distant second with about 14.9% of all locations, while British Columbia rounds out the top three with an estimated 7.6%. Because exports to the United States account for about a third of total industry revenue, Ontario benefits from its borders along the Great Lakes, which facilitates maritime trade. Also, the province is closest to Detroit, the United States' automotive manufacturing hub and a key market for metalworking machinery. Likewise, British Columbia's Pacific Ocean-adjacent western border helps facilitate shipments to China, the industry's third-largest export destination.

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Industry ProductsRelated ReportsTable of Contents

What is the Metalworking Machinery Manufacturing Industry?

This industry comprises establishments that primarily manufacture metal-cutting and forming machine tools (except hand tools) and related products. The machine tools included in this industry are those not supported in the hands of an operator when in use. Establishments that primarily manufacture industrial molds; tools, dies, jigs and fixtures; machine tool accessories and attachments; and rolls are included in this industry.

Industry Products
Industrial mold manufacturingMetal-cutting and forming machinerySpecial tool, die, jig and fixture manufacturingCutting tool and machine tool accessory manufacturingRolling mill machinery
 
Industry Activities
Manufacturing industrial moldsManufacturing tools, dies, jigs and fixturesManufacturing machine tool accessories and attachmentsManufacturing rolls and other metalworking machinery


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