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Semiconductor & Other Electronic Component Manufacturing in Canada Industry Data and Analysis
The Semiconductor and other electronic component manufacturing industry in Canada is experiencing a dynamic period influenced by regional trends and global shifts. Over the past several years, geopolitical forces, including tensions between the US and China, have significantly reshaped trade routes. The pressure to prioritize domestic manufacturing has aligned well with Canada's resources, however, allowing local manufacturers to maintain profitability despite cheaper labour markets abroad. Canadian semiconductor and electronic component production lags behind global competition; however, the need for government investment is increasing. A lack of government support has limited industry revenue growth, which has advanced at a CAGR of 0.5% from 2020 to 2025, reaching $5.6 billion. The industry has cooled down from the significant gains of 2021 and 2022, with dwindling demand leading to a 0.3% revenue shrinkage in 2025 alone and profit has similarly slipped by 10.7%.
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What's included in this industry analysis
IBISWorld's research coverage on the Semiconductor & Other Electronic Component 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 Semiconductor & Other Electronic Component Manufacturing industry in Canada operates under the NAICS industry code 33441CA. The Semiconductor and Other Electronic Component Manufacturing industry in Canada manufactures semiconductors and related devices and parts, including integrated circuits, memory chips, microprocessors, diodes, transistors and other optoelectronic devices. The industry also manufactures printed circuit boards. Related terms covered in the Semiconductor & Other Electronic Component Manufacturing industry in Canada include solid-state drive (ssd), integrated circuit, fabless, system on a chip (soc), printed circuit board (pcb) and passive electronic component.
What's included in this industry?
Products and services covered in Semiconductor & Other Electronic Component Manufacturing industry in Canada include Integrated circuits, Semiconductor devices and parts and Bare printed circuit boards.
What companies are included in this industry?
The Semiconductor & Other Electronic Component Manufacturing industry in Canada is highly fragmented with no companies holding a market share greater than 5%.
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 Semiconductor & Other Electronic Component 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 Semiconductor & Other Electronic Component 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 Semiconductor & Other Electronic Component 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 Semiconductor & Other Electronic Component 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 Semiconductor & Other Electronic Component 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 Semiconductor & Other Electronic Component 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 Semiconductor & Other Electronic Component 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 Semiconductor & Other Electronic Component Manufacturing industry in Canada.
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Frequently Asked Questions
What is the market size of the Semiconductor & Other Electronic Component Manufacturing industry in Canada in 2026?
The market size of the Semiconductor & Other Electronic Component Manufacturing industry in Canada is $5.6bn in 2026.
How many businesses are there in the Semiconductor & Other Electronic Component Manufacturing industry in Canada in 2025?
There are 442 businesses in the Semiconductor & Other Electronic Component Manufacturing industry in Canada, which has declined at a CAGR of 1.7 % between 2020 and 2025.
How may import tariffs affect the Semiconductor & Other Electronic Component Manufacturing industry in Canada?
The Semiconductor & Other Electronic Component 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 Semiconductor & Other Electronic Component Manufacturing industry in Canada?
The Semiconductor & Other Electronic Component 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 Semiconductor & Other Electronic Component Manufacturing industry in Canada grown or declined over the past 5 years?
The market size of the Semiconductor & Other Electronic Component Manufacturing industry in Canada has been growing at a CAGR of 0.5 % between 2020 and 2025.
What is the forecast growth of the Semiconductor & Other Electronic Component Manufacturing industry in Canada over the next 5 years?
Over the next five years, the Semiconductor & Other Electronic Component Manufacturing industry in Canada is expected to grow.
What does the Semiconductor & Other Electronic Component Manufacturing industry in Canada include?
Manufacturing diodes and Manufacturing fuel cells and solid-state devices are part of the Semiconductor & Other Electronic Component Manufacturing industry in Canada.
How competitive is the Semiconductor & Other Electronic Component Manufacturing industry in Canada?
The level of competition is high and increasing in the Semiconductor & Other Electronic Component Manufacturing industry in Canada.
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