Power Tools & Other General Purpose Machinery Manufacturing in Canada
The Power Tools and Other General Purpose Machinery Manufacturing industry manufactures a myriad of miscellaneous general-purpose machinery, ranging from packaging machinery to power-driven hand tools to automatic assembly machines. Since 2010, both demand from construction and industrial capacity utilization, which measures Canadian industrial activity, surpassed prerecessionary levels, creating healthy demand for industry products. In the coming years, the industry is anticipated to continue growing, albeit at a slightly slower rate, as the economy continues to improve and demand from key downstream sectors remains strong.
This industry manufactures a wide range of general purpose machinery and related products, including power-driven hand tools; welding and soldering equipment; packaging machinery; industrial-process furnaces and ovens; fluid-power cylinders and actuators; fluid-power pumps and motors; scales and balances; and a myriad of other miscellaneous general-purpose machinery.
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.