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Auto Parts Manufacturing in Canada: Market Research Report

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

Auto Parts Manufacturing in Canada Market Research Report | NAICS 33639CA | Apr 2017

Cruise control: The strengthening US auto sector will fuel industry exports

IBISWorld’s Auto Parts Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 12-17
0.8%
Annual Growth 17-22
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Profit
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Employment
13,300
Businesses
310
Industry Analysis & Industry Trends

Over the five years to 2017, revenue for the Auto Parts Manufacturing industry is expected to increase. The industry relies heavily on automakers; therefore, fluctuating demand for automobiles leads to changes in demand for industry products; the greater demand is for automobiles, the more automakers will need to order from upstream suppliers such as auto parts manufacturers. Strong automotive sales, both domestically and in the United States, boosted demand from automakers. However, consumer confidence has stagnated in recent years, which has limited revenue growth to a degree. Over the next five years, revenue is expected to grow at a higher rate as consumer confidence improves... purchase to read more

Industry Report - Industry Investment Chapter

Auto parts manufacturing is moderately capital-intensive industry, which is typical for most industries in the automotive sector. In 2017, for every $1.00 spent on labour, industry operators invest an estimated $0.17 in capital. Over the five years to 2017, this level has declined slightly as companies have slowed from an initially rapid level of capital investment during the recovery from the automotive sector collapse. A majority of the industry's products, including air conditioning units and exhaust systems, must be modified periodically for use in vehicles of different sizes and layouts. This periodic retooling of machinery increases the need for proper machinery and equipment. Add.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Auto Parts Manufacturing Industry?

Companies in this industry manufacture and rebuild a wide variety of motor vehicle parts and accessories. These parts include air bags, air conditioners, catalytic converters, engine exhaust systems, mufflers and resonators, radiators, radiator cores and wheels.

Industry Products
Air-conditioning systemsFuel tanks and filtersExhaust systemsWheelsAir bagsAutomobile body partsOther auto parts
 
Industry Activities
Manufacturing motor vehicle air conditionersManufacturing motor vehicle air bag assembliesManufacturing catalytic converters and engine exhaustManufacturing mufflers and resonatorsManufacturing radiators and coresManufacturing wheels (rims)


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