The market is dominated by foreign suppliers, as imports account for 89.8% of total market size in 2020. Investments drive market demand, with investments representing 47.9% of total demand in 2020. Canada has the 13th largest market size for engines and turbines, except aircraft, vehicle and cycle engines across the top 20 developed countries, with demand reaching USD1.3 billion in 2020. Brunswick Corp is the largest company in Canada, generating 12.3% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 34.1% of total production value in 2020. The total number of companies decreases in 2020, to 541 units. The costs of the industry decrease by 13% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 2.0% of production value in 2020, the 16th highest across the top 20 developed countries. The industry’s exports share increases in 2020 to 84.8% of total production output. With production value of USD992 million, Canada accounts for 3.4% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Engines and Turbines, except Aircraft, Vehicle and Cycle Engines in Canada: ISIC 2911. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Engines and Turbines, except Aircraft, Vehicle and Cycle Engines in Canada: ISIC 2911 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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