Semiconductor & Other Electronic Component Manufacturing in Canada - Market Research Report (2014-2029)

Around the circuit: Larger manufacturers will seek to expand abroad following global component shortages

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.

Canadian semiconductor and other electronic component manufacturers produce various input devices for circuits and memory chips. In recent years, manufacturers experienced mild volatility amid continued offshoring and greater competition from US and East Asian manufacturers. Any expansion has been driven by robust demand for domestically and abroad semiconductor products, and a global shortage for electronic components. COVID-19 has diminished manufacturers' performance by disrupting production plans and creating supply chain challenges. Industry-wide revenue is expected to rise at a CAGR of 0.3% to $5.4 billion over the five years to 2023, when revenue is forecast to jump 6.4% as high prices bolster sales.

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.