Market Share of Canada Metal Fabrication Equipment Industry
The Canadian metal fabrication equipment market is fragmented by nature, with a large number of small and medium-sized companies competing with one another. The majority of the large fabricators present in the market studied are majorly EPC companies, which handle end-to-end solutions for structural steel fabrication and process equipment fabrication services. The increasing raw-material prices, increased competition within the industry, and the drive toward eco-friendly manufacturing practices are expected to impact the profitability of the suppliers, as the costs associated with these improvements and competitions can directly be passed on to the fabricators. Furthermore, the potential growth opportunities in the market studied are expected to attract more investment and new entrants. This is likely to increase market competition.
Canada Metal Fabrication Equipment Market Leaders
BTD Manufacturing
Komaspec
Matcor Matsu Group Inc.
Sandvik Mining and Construction Canada Inc.
TRUMPF Canada Inc.
*Disclaimer: Major Players sorted in no particular order
