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Machine Shop Services in Canada - Number of Businesses (2019-2029)
There are xx businesses in the Machine Shop Services industry in Canada, which is expected to grow at xx% over the next five years. This industry is primarily engaged in operating machine tools, such as lathes, including computer numerical control; automatic screw machines; and machines for boring, grinding, milling and otherwise working metal, to produce machine parts and equipment, other than complete machines, for the trade. Machine shops providing custom and repair services are included in this industry.
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Number of Businesses
Total value (#) and annual change from 2012 – 2030.
Revenue
$XX
2019-2024 XX%
2024-2029 XX%
Employees
XX
2019-2024 XX%
2024-2029 XX%
Businesses
XX
2019-2024 XX%
2024-2029 XX%
Profit
$XX
2019-2024 XX%
Profit Margin
XX%
2019-2024 XX%
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Industries related to this market
Explore industries with similar markets, supply chains, and economic drivers to gain broader context and insights.
Related Industries
| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Machinery Maintenance & Heavy Equipment Repair Services in Canada |
|
XX% | XX% | $XX |
| Metal Stamping & Forging in Canada |
|
XX% | XX% | $XX |
| Metal Plating & Treating in Canada |
|
XX% | XX% | $XX |
| Aircraft, Engine & Parts Manufacturing in Canada |
|
XX% | XX% | $XX |
| Space Vehicle & Missile Manufacturing in Canada |
|
XX% | XX% | $XX |
| Machine Shop Services in the US |
|
XX% | XX% | $XX |
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Frequently Asked Questions
How many businesses are there in the Machine Shop Services in Canada in 2024?
There is 3,888 Machine Shop Services in Canada businesses as of 2024, an decrease of -1.5% from 2023.
Has the number of Machine Shop Services in Canada businesses grown or declined over the past 5 years?
The number of Machine Shop Services in Canada businesses has declined -0.9% per year on average over the five years between 2019 and 2024.
What is forecast business growth of Machine Shop Services in Canada over the next 5 years?
See our full analysis of the Machine Shop Services in Canada to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
What companies have the highest market share in the Machine Shop Services in Canada?
The Machine Shop Services in Canada has low market share concentration and the largest business is BC Precision.
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