Engine & Turbine Manufacturing in Canada
Over the five years to 2017, revenue for the Engine and Turbine Manufacturing industry is expected to decrease. However, this decline is largely the result of steady retracement from decade-high levels resulting from strong investments in industrial machinery that translated into more purchases of engines, turbines and related equipment, a trend which began to wane at the start of the five-year period. Going forward, greater domestic consumer spending will strengthen demand for freight and highway transportation. As one of the industry's largest customers, increased freight trucking leads to more sales of diesel engines and related components.
This industry manufactures turbines, engines and equipment used for power transmission, such as generators and heavy-duty equipment. The manufacture of parts and accessories, such as speed changers, drives and gears, is included, but wind turbine manufacturing is excluded.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.