
Metalworking Machinery Manufacturing in Canada - Industry Market Research Report
Description
Metalworking Machinery Manufacturing in Canada
The Canadian Metalworking Machinery Manufacturing industry produces industrial moulds, metal-cutting machine tools and metal-forming machine tools. Metalworking machinery represents a key capital investment for downstream manufacturing industries, many of which suffered a period of weakened demand and stifled performance due to the COVID-19 pandemic and associated slowdowns, particularly aerospace and truck manufacturing. Also, volatile steel prices have hindered industry selling prices, further constraining revenue. Metalworking Machinery Manufacturing industry revenue has contracted at a CAGR of 1.4% over the past five years and is expected to total $6.0 billion in 2023, when revenue will fall by an estimated 3.6%. Profit will also decrease due to intense price-based competition with imports.
This industry comprises operators 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. Operators that primarily manufacture industrial moulds; tools, dies, jigs and fixtures; machine tool accessories and attachments; and rolls are included in this industry.
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.
The Canadian Metalworking Machinery Manufacturing industry produces industrial moulds, metal-cutting machine tools and metal-forming machine tools. Metalworking machinery represents a key capital investment for downstream manufacturing industries, many of which suffered a period of weakened demand and stifled performance due to the COVID-19 pandemic and associated slowdowns, particularly aerospace and truck manufacturing. Also, volatile steel prices have hindered industry selling prices, further constraining revenue. Metalworking Machinery Manufacturing industry revenue has contracted at a CAGR of 1.4% over the past five years and is expected to total $6.0 billion in 2023, when revenue will fall by an estimated 3.6%. Profit will also decrease due to intense price-based competition with imports.
This industry comprises operators 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. Operators that primarily manufacture industrial moulds; tools, dies, jigs and fixtures; machine tool accessories and attachments; and rolls are included in this industry.
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.
Table of Contents
64 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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