rfc logo transparent

Canada Advanced Manufacturing - Industry - Market, Share and Trends 2023-2028

Report ID:

AMIND1NCAN

|

Industry:

Summary of Advanced Manufacturing

Canada also poses itself as a global leader in advanced manufacturing which is sharing its focus on innovation, sustainability and high-value-added products. The country’s manufacturing sector contributes 10.4% to the GDP and employs over 1 million people.

According to our own estimate – we can say that the advanced manufacturing industry in Canada is forecasted to be a $ 36.53 Billion industry in 2029 from $ 19.53 Billion in 2023 with a CAGR of 11 %.

Key drivers of Canada’s advanced manufacturing prowess include— its skilled workforce, strong supply chain and government support for R&D. The country is home to numerous multinational corporations and cutting-edge startups.

Canada has manufacturing strengths across diverse areas – automotive and aerospace in Ontario, renewable energy and advanced materials in Quebec and clean technology in British Columbia and Alberta. Continued public and private investment will solidify Canada’s leadership in advanced manufacturing.

With its Industry 4.0 technologies and next-generation manufacturing capabilities – Canada is setting the standard in the design, manufacture, distribution and repair of parts and finished goods across a broad range of industries and climate conditions. Technologies related to automation, robotics and additive manufacturing—also known as three-dimensional printing—have numerous uses in Canadian industries— including pharmaceuticals, automotive, aerospace and defence and agriculture.

Recent Trends and Insights

Increasing investment in R&D sector has unequivocally led to the growth of the Advanced Manufacturing segment within the area. The Canadian government has prioritized R&D investments, with the federal budget allocating $1.3 billion in 2021 for advanced manufacturing initiatives.

Growing focus on electric vehicles (EVs) is causing Canada to become a leader in this aspect of sustainable solutions. Canada is also a leading leader in EV manufacturing with companies like— Tesla, Rivian and Magna International setting up production facilities.

The adoption of AI and automation technologies is accelerating in Canadian manufacturing, enabling greater efficiency, flexibility, and cost savings. The country is prioritizing the development of circular economy models, which focus on reducing waste, reusing resources, and creating new products from waste materials.

Canada is increasingly collaborating with other countries to develop advanced manufacturing technologies and capabilities, such as the recently announced partnership with Japan to develop next-generation AI technologies.

Canadian innovators are in the process of creating a diverse range of technologically complex, high-value products for domestic and competitive global markets and which is why influential thought leaders regularly meet in Canada to debut trailblazing developments, share best practices and lay the foundation for partnerships that shape the future of advanced manufacturing technologies.

Product Insights         

Demand for mass customization and on-demand production is driving adoption of industrial 3D printers for end-use parts production. The market is projected to grow over 20% annually.

Collaborative robots, AI-enabled systems and autonomous mobile robots are allowing manufacturer\s to automate more tasks while keeping humans in the loop. This increases productivity and allows production reconfiguration.

Networked sensors, edge computing tools, predictive analytics software and AI algorithms are enabling proactive maintenance, quality optimization and the collection of vast amounts of manufacturing data to inform better decisions.

From composites to nanomaterials to biosynthetics— new advanced materials enable lighter, stronger and higher performance end products. They also facilitate more sustainable production through recyclability and reduced waste.

Virtual simulations of entire production systems are being used to model and optimize manufacturing processes digitally before implementation. This reduces costly errors and saves time. 

Key companies

Some major players within this vast domain of industry are:

  • Stellantis
  • Ford
  • General Motors
  • Honda
  • Toyota
  • MDA
  • CAMDT
  • Fiat Chrysler

Country Analysis

The province of Ontario – is home to major automotive and aerospace manufacturers as well as advanced electronics production. It is also a hub for renewable energy and advanced materials.

Quebec is known for its advanced manufacturing capabilities in areas like – aerospace, automotive and electronics. It is also a leader in the development of advanced materials and biotechnology.

British Columbia is considered as a leader in advanced manufacturing which is having a focus on clean technology, renewable energy and advanced materials. It is home to major players like – Tesla and Magna International.

The province of Alberta – is a major player in the oil and gas sector with advanced manufacturing capabilities in areas like – oil and gas equipment, machinery and aerospace.

Toronto Region has the biggest advanced manufacturing employment record in Canada. Canada is the 1st country in the G-20 to become a tariff-free zone for industrial manufacturers.

 

Market segmentation

By Type:

  • Additive manufacturing/3D printing
  • Automation/robotics
  • Industrial internet of things (IIoT) and industrial analytics
  • Plant asset management (PAM)
  • Manufacturing execution systems (MES)
  • Industrial controls

By End user:

  • Manufacturer and Retailer
  • Distinct industries like automotive, aerospace, electronics
  • Process industries like oil & gas, chemicals, pharmaceuticals
  • Energy and utilities
  • Food and beverage

By Enterprise Size:

  • Large Industries
  • Small & Medium Industries

Our Methodology

We have offered a well-founded review of Canada’s advanced manufacturing market along with ongoing trends and upcoming projections to highlight proximate investment opportunities in this report. Moreover, an extensive analysis of any future prospects, challenges, competitors, or navigating aspects is also provided. A methodical detailed regional examination is presented.

Primary Research  

Our multi-pronged research approach includes interviews with industry leaders and a global survey of advanced manufacturing professionals to gain qualitative insights. We utilize our proprietary databases encompassing key performance indicators worldwide in order to collate relevant data points. A multivariate forecasting framework considering historical performance, current dynamics and qualitative factors are utilized to develop market sizing and growth projections through 2029.

We supplement our primary research with a careful examination of secondary materials such as– case studies, news stories and references from other sources. Organizations can benefit from the strategic advice and conclusions offered because they will be better equipped to respond to the dynamic nature of this industry and seize emerging possibilities.

We employ a comprehensive and iterative research methodology focused on minimizing deviation to provide the most accurate market estimates. Our research utilizes a combination of bottom-up and top-down approaches across segments and utilizes databases, primary research insights and industry experts for analysis.

Raw data is obtained from multiple sources and thoroughly filtered to ensure only authenticated and validated sources are considered. We collect data from raw material suppliers, industry associations, technology providers, and buyers to gain a holistic perspective.

Quantitative Analysis

Our market estimates are derived through statistical models, beginning with collection of historical data and analysis of macro- and micro-economic factors influencing the market. Gathered information on market dynamics, technology and pricing trends are utilised to build the models.

Econometric and technological models are applied to project short- and long-term market potential respectively. A bottom-up approach is preferred to minimize errors. Key parameters considered include market drivers and restraints, material pricing trends, regulatory scenarios, and capacity additions.

Weights are assigned to these parameters based on impact analysis and market forecasting is performed via statistical tools and techniques. We believe this methodology results in an accurate and realistic market picture.

We value your investment and offer free customization with every report to fulfil your research needs.

Frequently Asked Questions

The Canada National value of the Advanced Manufacturing Industry is USD 1953 Billion in 2023 and is expected to grow to USD 3653 Billion by 2029

The CAGR of the Advanced Manufacturing Industry Market in Canada is 11%

Ontario accounts for 50% of the total market share of the Advanced Manufacturing Industry Market in Canada

The key players in Canada in Advanced Manufacturing Industry Market are Bombardier, Magna International, Linamar Corporation, Celestica and Linamar Corporation. These industry leaders collectively contribute to shaping the landscape of this market and driving growth within the industry.

The factors driving the Advanced Manufacturing Industry Market in Canada are Technological Innovation, Skilled Workforce, Government Support, Global Trade and Market Demand. These factors contribute to the overall growth of this industry, establishing it as a key player in the interconnected global economy.

Summary of Advanced Manufacturing

Canada also poses itself as a global leader in advanced manufacturing which is sharing its focus on innovation, sustainability and high-value-added products. The country’s manufacturing sector contributes 10.4% to the GDP and employs over 1 million people.

According to our own estimate – we can say that the advanced manufacturing industry in Canada is forecasted to be a $ 36.53 Billion industry in 2029 from $ 19.53 Billion in 2023 with a CAGR of 11 %.

Key drivers of Canada’s advanced manufacturing prowess include— its skilled workforce, strong supply chain and government support for R&D. The country is home to numerous multinational corporations and cutting-edge startups.

Canada has manufacturing strengths across diverse areas – automotive and aerospace in Ontario, renewable energy and advanced materials in Quebec and clean technology in British Columbia and Alberta. Continued public and private investment will solidify Canada’s leadership in advanced manufacturing.

With its Industry 4.0 technologies and next-generation manufacturing capabilities – Canada is setting the standard in the design, manufacture, distribution and repair of parts and finished goods across a broad range of industries and climate conditions. Technologies related to automation, robotics and additive manufacturing—also known as three-dimensional printing—have numerous uses in Canadian industries— including pharmaceuticals, automotive, aerospace and defence and agriculture.

Recent Trends and Insights

Increasing investment in R&D sector has unequivocally led to the growth of the Advanced Manufacturing segment within the area. The Canadian government has prioritized R&D investments, with the federal budget allocating $1.3 billion in 2021 for advanced manufacturing initiatives.

Growing focus on electric vehicles (EVs) is causing Canada to become a leader in this aspect of sustainable solutions. Canada is also a leading leader in EV manufacturing with companies like— Tesla, Rivian and Magna International setting up production facilities.

The adoption of AI and automation technologies is accelerating in Canadian manufacturing, enabling greater efficiency, flexibility, and cost savings. The country is prioritizing the development of circular economy models, which focus on reducing waste, reusing resources, and creating new products from waste materials.

Canada is increasingly collaborating with other countries to develop advanced manufacturing technologies and capabilities, such as the recently announced partnership with Japan to develop next-generation AI technologies.

Canadian innovators are in the process of creating a diverse range of technologically complex, high-value products for domestic and competitive global markets and which is why influential thought leaders regularly meet in Canada to debut trailblazing developments, share best practices and lay the foundation for partnerships that shape the future of advanced manufacturing technologies.

Product Insights         

Demand for mass customization and on-demand production is driving adoption of industrial 3D printers for end-use parts production. The market is projected to grow over 20% annually.

Collaborative robots, AI-enabled systems and autonomous mobile robots are allowing manufacturer\s to automate more tasks while keeping humans in the loop. This increases productivity and allows production reconfiguration.

Networked sensors, edge computing tools, predictive analytics software and AI algorithms are enabling proactive maintenance, quality optimization and the collection of vast amounts of manufacturing data to inform better decisions.

From composites to nanomaterials to biosynthetics— new advanced materials enable lighter, stronger and higher performance end products. They also facilitate more sustainable production through recyclability and reduced waste.

Virtual simulations of entire production systems are being used to model and optimize manufacturing processes digitally before implementation. This reduces costly errors and saves time. 

Key companies

Some major players within this vast domain of industry are:

  • Stellantis
  • Ford
  • General Motors
  • Honda
  • Toyota
  • MDA
  • CAMDT
  • Fiat Chrysler

Country Analysis

The province of Ontario – is home to major automotive and aerospace manufacturers as well as advanced electronics production. It is also a hub for renewable energy and advanced materials.

Quebec is known for its advanced manufacturing capabilities in areas like – aerospace, automotive and electronics. It is also a leader in the development of advanced materials and biotechnology.

British Columbia is considered as a leader in advanced manufacturing which is having a focus on clean technology, renewable energy and advanced materials. It is home to major players like – Tesla and Magna International.

The province of Alberta – is a major player in the oil and gas sector with advanced manufacturing capabilities in areas like – oil and gas equipment, machinery and aerospace.

Toronto Region has the biggest advanced manufacturing employment record in Canada. Canada is the 1st country in the G-20 to become a tariff-free zone for industrial manufacturers.

 

Market segmentation

By Type:

  • Additive manufacturing/3D printing
  • Automation/robotics
  • Industrial internet of things (IIoT) and industrial analytics
  • Plant asset management (PAM)
  • Manufacturing execution systems (MES)
  • Industrial controls

By End user:

  • Manufacturer and Retailer
  • Distinct industries like automotive, aerospace, electronics
  • Process industries like oil & gas, chemicals, pharmaceuticals
  • Energy and utilities
  • Food and beverage

By Enterprise Size:

  • Large Industries
  • Small & Medium Industries

Our Methodology

We have offered a well-founded review of Canada’s advanced manufacturing market along with ongoing trends and upcoming projections to highlight proximate investment opportunities in this report. Moreover, an extensive analysis of any future prospects, challenges, competitors, or navigating aspects is also provided. A methodical detailed regional examination is presented.

Primary Research  

Our multi-pronged research approach includes interviews with industry leaders and a global survey of advanced manufacturing professionals to gain qualitative insights. We utilize our proprietary databases encompassing key performance indicators worldwide in order to collate relevant data points. A multivariate forecasting framework considering historical performance, current dynamics and qualitative factors are utilized to develop market sizing and growth projections through 2029.

We supplement our primary research with a careful examination of secondary materials such as– case studies, news stories and references from other sources. Organizations can benefit from the strategic advice and conclusions offered because they will be better equipped to respond to the dynamic nature of this industry and seize emerging possibilities.

We employ a comprehensive and iterative research methodology focused on minimizing deviation to provide the most accurate market estimates. Our research utilizes a combination of bottom-up and top-down approaches across segments and utilizes databases, primary research insights and industry experts for analysis.

Raw data is obtained from multiple sources and thoroughly filtered to ensure only authenticated and validated sources are considered. We collect data from raw material suppliers, industry associations, technology providers, and buyers to gain a holistic perspective.

Quantitative Analysis

Our market estimates are derived through statistical models, beginning with collection of historical data and analysis of macro- and micro-economic factors influencing the market. Gathered information on market dynamics, technology and pricing trends are utilised to build the models.

Econometric and technological models are applied to project short- and long-term market potential respectively. A bottom-up approach is preferred to minimize errors. Key parameters considered include market drivers and restraints, material pricing trends, regulatory scenarios, and capacity additions.

Weights are assigned to these parameters based on impact analysis and market forecasting is performed via statistical tools and techniques. We believe this methodology results in an accurate and realistic market picture.

We value your investment and offer free customization with every report to fulfil your research needs.

Frequently Asked Questions

The Canada National value of the Advanced Manufacturing Industry is USD 1953 Billion in 2023 and is expected to grow to USD 3653 Billion by 2029

The CAGR of the Advanced Manufacturing Industry Market in Canada is 11%

Ontario accounts for 50% of the total market share of the Advanced Manufacturing Industry Market in Canada

The key players in Canada in Advanced Manufacturing Industry Market are Bombardier, Magna International, Linamar Corporation, Celestica and Linamar Corporation. These industry leaders collectively contribute to shaping the landscape of this market and driving growth within the industry.

The factors driving the Advanced Manufacturing Industry Market in Canada are Technological Innovation, Skilled Workforce, Government Support, Global Trade and Market Demand. These factors contribute to the overall growth of this industry, establishing it as a key player in the interconnected global economy.

Jump to Content

GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

Or view our licence options:

Ready to get started? Lets get on a Call to discuss your Project

Scroll to Top

REQUEST TOC

rfc logo transparent
Search

About Ruskin Felix Consulting LLC

Industries

Understand multiple industries at a glance, which encompasses change as its core attribute.

Services

RFC helps clients generate long-term value for all stakeholders. We help clients transform, grow, and operate while fostering trust through assurance with our services and solutions, which are made possible by data and technology.

Sustainability

We balance ESG and risk mitigation in our professional services. Our consulting experts make sustainability a business priority with vision and pragmatism.

Featured Reports

Understand the macroeconomic situations that affect the global positioning of countries.

Businesses can better understand how chatbots can advocate their vision.

DeFi helps reduce dependency on traditional methods of transactions.

Creating a sustainable environment for driving multiple countries into a better tomorrow.

Understand how the U.S. discrepancy in accordance to their debt creates a havoc. 

Sustainable blockchain technology has immense benefit for the environment which cannot go unnoticed.

Receive the latest news

Subscribe To Our Newsletter

Get notified about new articles and business opportunities

Featured Reports

Understand the macroeconomic situations that affect the global positioning of countries.

Businesses can better understand how chatbots can advocate their vision.

DeFi helps reduce dependency on traditional methods of transactions.

Creating a sustainable environment for driving multiple countries into a better tomorrow.

Understand how the U.S. discrepancy in accordance to their debt creates a havoc. 

Sustainable blockchain technology has immense benefit for the environment which cannot go unnoticed.

About Ruskin Felix Consulting LLC

Stay In Touch

Get in touch with our team for customizable services!

rfc logo transparent

Featured Reports

Understand the macroeconomic situations that affect the global positioning of countries.

Businesses can better understand how chatbots can advocate their vision.

DeFi helps reduce dependency on traditional methods of transactions.

Creating a sustainable environment for driving multiple countries into a better tomorrow.

Understand how the U.S. discrepancy in accordance to their debt creates a havoc. 

Sustainable blockchain technology has immense benefit for the environment which cannot go unnoticed.