The market is dominated by domestic suppliers, as imports account for 11.9% of total market size in 2021. B2B drives market demand, with B2B spending representing 99.1% of total demand in 2021. Canada has the 11th largest market size for industrial process control equipment across the top 20 developed countries, with demand reaching USD2.4 billion in 2021. Emerson Electric Canada Ltd is the largest company in Canada, generating 5.0% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 13.1% of total production value in 2021. The total number of companies increases in 2021, to 489 units. The costs of the industry increase by 13.4% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 3.3% of production value in 2021, the 17th highest across the top 20 developed countries. With production value of USD2.2 billion, Canada accounts for 13.6% of the North America total in 2021.
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This Euromonitor industrial report provides unique information on Industrial Process Control Equipment in Canada: ISIC 3313. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Industrial Process Control Equipment in Canada: ISIC 3313 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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