Power Tools & Other General-Purpose Machinery Manufacturing in Canada - Industry Market Research Report

Power Tools & Other General-Purpose Machinery Manufacturing in Canada - Industry Market Research Report

  • November 2020 •
  • 48 pages •
  • Report ID: 4564099 •
  • Format: PDF
Powering up: Strong performance in construction markets will stimulate industry demand

Abstract

Power Tools & Other General-Purpose Machinery Manufacturing in Canada
The Power Tools and Other General-Purpose Machinery Manufacturing industry in Canada manufactures a variety of miscellaneous general-purpose machinery. Over the five years to 2019, the industry has benefited from an improving economy. Increased consumer spending has stimulated demand for manufactured goods, and many industry products are used in manufacturing processes. The domestic dollar depreciated significantly during the first half of the reporting period, which helped to make domestic goods more affordable in foreign markets. Further, growth in manufacturing output and strong performance in construction markets in the United States has helped to stimulate demand for industry products. The industry is anticipated to continue growing over the five years to 2024, albeit at a slower rate. Consumer confidence is forecast to be somewhat weak, and this will have a variety of affects throughout the economy.

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.
Loading...

We are very sorry, but an error occurred.
Please contact support@reportbuyer.com if the problem remains.