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CA NAICS 33391CA | Industry Report

Pump & Compressor Manufacturing in Canada Industry Data and Analysis

OE
Olivia Eckstein
Analyst New York, United States December 2025

Canada’s pump and compressor manufacturing industry has weathered a turbulent five years defined by commodity price swings, trade policy uncertainty and disruptive supply chain shocks. The industry’s reliance on oil and gas markets made revenue highly sensitive to fluctuations in global energy prices, which curtailed capital investment during downturns and created pronounced demand volatility for industrial pumping equipment. Pandemic-era disruptions triggered shortages of cast iron, bronze and low‑carbon steel, forcing production delays and inflating input costs. At the same time, supply chain restructuring, automation investments and a rebound in resource production, bolstered by the Trans Mountain Expansion Project, helped stabilize output toward the end of the period. Currency depreciation also made Canadian exports more competitive, partly offsetting domestic weakness. Revenue has been expanding at a CAGR of 4.1% over the past five years and is expected to reach $2.9 billion in 2025, when revenue will fall by an estimated 4.2%.

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What's included in this industry analysis

IBISWorld's research coverage on the Pump & Compressor Manufacturing industry in Canada includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released December 2025.

About this industry

What's this industry report about?

The Pump & Compressor Manufacturing industry in Canada operates under the NAICS industry code 33391CA. This industry manufactures and sells pumps and air and gas compressors to various industrial markets. Some industry products are meant for general use while others are designed for application in specific markets, such as oil and gas services. This industry does not manufacture fluid power pumps, pumps for motor vehicles or air-conditioning compressors. Related terms covered in the Pump & Compressor Manufacturing industry in Canada include centrifugal pump, sump pump, hydraulic fracturing, natural gas liquefaction and lng, cng and rng.

What's included in this industry?

Products and services covered in Pump & Compressor Manufacturing industry in Canada include Pump and pumping equipment, Air and gas compressors and Measuring and dispensing pumps, heat pumps and other.

What companies are included in this industry?

Companies covered in the Pump & Compressor Manufacturing industry in Canada include Atlas Copco AB and Enerflex Ltd.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Pump & Compressor Manufacturing industry in Canada.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Pump & Compressor Manufacturing industry in Canada.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Pump & Compressor Manufacturing industry in Canada.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Pump & Compressor Manufacturing industry in Canada. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Pump & Compressor Manufacturing industry in Canada. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Pump & Compressor Manufacturing industry in Canada. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Pump & Compressor Manufacturing industry in Canada. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Pump & Compressor Manufacturing industry in Canada.

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Frequently Asked Questions

What is the market size of the Pump & Compressor Manufacturing industry in Canada in 2026?

The market size of the Pump & Compressor Manufacturing industry in Canada is $2.9bn in 2026.

How many businesses are there in the Pump & Compressor Manufacturing industry in Canada in 2025?

There are 161 businesses in the Pump & Compressor Manufacturing industry in Canada, which has declined at a CAGR of 1.2 % between 2020 and 2025.

How may import tariffs affect the Pump & Compressor Manufacturing industry in Canada?

The Pump & Compressor Manufacturing industry in Canada is likely to be significantly impacted by import tariffs with imports accounting for a high share of industry revenue.

How may export tariffs affect the Pump & Compressor Manufacturing industry in Canada?

The Pump & Compressor Manufacturing industry in Canada is likely to be significantly impacted by export tariffs with exports accounting for a high share of industry revenue.

Has the Pump & Compressor Manufacturing industry in Canada grown or declined over the past 5 years?

The market size of the Pump & Compressor Manufacturing industry in Canada has been growing at a CAGR of 4.1 % between 2020 and 2025.

What is the forecast growth of the Pump & Compressor Manufacturing industry in Canada over the next 5 years?

Over the next five years, the Pump & Compressor Manufacturing industry in Canada is expected to grow.

What are the biggest companies in the Pump & Compressor Manufacturing industry in Canada?

The biggest companies operating in the Pump & Compressor Manufacturing industry in Canada are Atlas Copco AB and Enerflex Ltd.

What does the Pump & Compressor Manufacturing industry in Canada include?

Manufacturing oil well and oil field pumps and Manufacturing general-use industrial pumps are part of the Pump & Compressor Manufacturing industry in Canada.

Which companies have the highest market share in the Pump & Compressor Manufacturing industry in Canada?

The company holding the most market share in the Pump & Compressor Manufacturing industry in Canada is Atlas Copco AB.

How competitive is the Pump & Compressor Manufacturing industry in Canada?

The level of competition is high and increasing in the Pump & Compressor Manufacturing industry in Canada.

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