The market is dominated by foreign suppliers, as imports account for 77.0% of total market size in 2022. B2B drives market demand, with B2B spending representing 45.0% of total demand in 2022. Canada has the eighth largest market size for television and radio receivers, sound and video recording devices across the top 20 developed countries, with demand reaching USD7.5 billion in 2022. Evertz Technologies Ltd is the largest company in Canada, generating 10.2% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 15.7% of total production value in 2022. The total number of companies increases in 2022, to 1,160 units. The costs of the industry increase by 54.2% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 17.7% of production value in 2022, the highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 19.1% of total production output. With production value of USD1.9 billion, Canada accounts for 13.8% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Television and Radio Receivers, Sound and Video Recording Devices in Canada: ISIC 323. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Television and Radio Receivers, Sound and Video Recording Devices in Canada: ISIC 323 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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