Communications Equipment Manufacturing in Canada - Market Research Report (2014-2029)

Call waiting: A depreciating Canadian dollar is expected to drive revenue growth

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

The Communications Equipment Manufacturing industry in Canada has suffered from volatile downstream demand. The domestic industry manufactures radio and TV broadcasting equipment and wireless communications equipment, such as cellphones. A slightly appreciating Canadian dollar, combined with high import penetration and the proliferation of smartphones, a strong competitor to the industry's products, prevented the industry from experiencing revenue growth. Subsequently, industry revenue has decreased at a CAGR of 0.8% to $2.3 billion over the five years to 2023, including an estimated 1.0% rise in 2023 alone.

Operators in this industry primarily manufacture radio and TV broadcasting equipment, as well as other wireless communications equipment, such as antennas, set top boxes, GPS systems, cell phones, satellite uplink technologies and broadcasting equipment. This industry does not include the manufacturing of intercommunications equipment or household audio and video equipment.