The market is dominated by foreign suppliers, as imports account for 52.0% of total market size in 2020. B2B drives market demand, with B2B spending representing 91.8% of total demand in 2020. Canada has the ninth largest market size for electric motors, generators and transformers across the top 20 developed countries, with demand reaching USD5.9 billion in 2020. General Electric Canada Co is the largest company in Canada, generating 5.4% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 17.8% of total production value in 2020. The total number of companies decreases in 2020, to 1,734 units. The costs of the industry decrease by 6.3% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 5.6% of production value in 2020, the 18th highest across the top 20 developed countries. With production value of USD3.4 billion, Canada accounts for 11.8% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Electric Motors, Generators and Transformers in Canada: ISIC 311. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electric Motors, Generators and Transformers in Canada: ISIC 311 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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