The market is dominated by foreign suppliers, as imports account for 57.0% of total market size in 2022. B2B drives market demand, with B2B spending representing 72.2% of total demand in 2022. Canada has the ninth largest market size for appliances for measuring, navigating and testing across the top 20 developed countries, with demand reaching USD8.4 billion in 2022. BW Technologies Ltd is the largest company in Canada, generating 1.6% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 4.4% of total production value in 2022. The total number of companies increases in 2022, to 2,060 units. The costs of the industry increase by 4.7% in 2022, largely driven by rising labour costs. The industry’s profitability increases and stands at 4.7% of production value in 2022, the 20th highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 48.6% of total production output. With production value of USD7.1 billion, Canada accounts for 5.9% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Appliances for Measuring, Navigating and Testing in Canada: ISIC 3312. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Appliances for Measuring, Navigating and Testing in Canada: ISIC 3312 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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