Auto Parts Manufacturing in Canada - Industry Market Research Report

Auto Parts Manufacturing in Canada - Industry Market Research Report

  • April 2018 •
  • 36 pages •
  • Report ID: 4640027 •
  • Format: PDF
Cruise control: The strengthening US auto sector will fuel industry exports

Abstract

Auto Parts Manufacturing in Canada
Over the five years to 2018, the Auto Parts Manufacturing industry in Canada is expected strongly expand. 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. Over the five years to 2023, revenue for domestic auto parts manufacturers is forecast to grow gradually. While the strong growth in automotive sales is expected to subside, manufacturing activity is anticipated to remain strong.

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.

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.
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