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Tractors & Agricultural Machinery Manufacturing in Canada - Industry Market Research Report

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    Report

  • 39 Pages
  • April 2022
  • Region: Canada
  • IBISWorld
  • ID: 4015642

Harvest Time: Rising Productivity and Commodity Prices Are Expected to Drive Industry Demand

The Tractors and Agricultural Machinery Manufacturing industry in Canada has grown slowly but steady despite fluctuations in demand over the five years to 2019. The industry manufactures a variety of products, such as tractors and harvesters, that are essential to modern-day farming. Agricultural machinery is expensive and therefore the industry relies on credit availability. Low interest rates in North America during the period has maintained borrowing costs low for farms to the benefit of the industry. Over the five years to 2024, the industry is expected to grow, albeit at a slower pace. Improving demand for agricultural products worldwide and pressure to increase yields will likely stimulate demand for industry machinery abroad and domestically.

The Tractors and Agricultural Machinery Manufacturing industry in Canada manufactures agricultural machinery and equipment and powered home lawn and garden equipment. Agricultural equipment includes tractors, harvesting and seeding machinery and other machinery, such as grinders, mixers, wool presses and windmills.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources

INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle

PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations

COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization

MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance

KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios

JARGON & GLOSSARY

Companies Mentioned

A selection of companies mentioned in this report includes:

  • CNH Industrial NV

Methodology

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