$5.4bn
$XXX.Xm
15,392
477
$X.Xbn
The Semiconductor and other electronic component manufacturing sector in Canada is experiencing a dynamic period influenced by regional trends and global shifts. Over the past several years, geopolitical forces, such as the tension between the US and China, have significantly restructured trade lanes. The pressure to prioritize domestic manufacturing has aligned well with Canada's cost-effective and renewable energy resources, allowing local firms to maintain profitability despite cheaper labor markets abroad.
Industry revenue has declined at a CAGR of 0.8 % over the past five years, to reach an estimated $5.4bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
ON Semiconductor Canada Holding Corporation | 118.6 | N/A | N/A | |
Sanmina-SCI Systems (Canada) Inc. | 80.9 | N/A | N/A | |
Celestica Inc. | 53.9 | N/A | N/A |
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Industry revenue is measured across several distinct product and services lines, including Integrated circuits, Semiconductor devices and parts and Bare printed circuit boards. Integrated circuits is the largest segment of the Semiconductor & Other Electronic Component Manufacturing in Canada.
Integrated circuits offer low-cost versatility and complexity to technology solutions
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.
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NAICS 334410 - Semiconductor & Other Electronic Component Manufacturing in Canada
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
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Learn about the performance of the top companies in the industry.
There are no major players. The industry consists of many smaller manufacturers.
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Including values and annual change:
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Key data sources in Canada include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Semiconductor & Other Electronic Component Manufacturing industry in Canada is $5.4bn in 2024.
There are 477 businesses in the Semiconductor & Other Electronic Component Manufacturing industry in Canada, which has declined at a CAGR of 0.9 % between 2019 and 2024.
The market size of the Semiconductor & Other Electronic Component Manufacturing industry in Canada has been declining at a CAGR of 0.8 % between 2019 and 2024.
Over the next five years, the Semiconductor & Other Electronic Component Manufacturing industry in Canada is expected to grow.
The biggest companies operating in the Semiconductor & Other Electronic Component Manufacturing market in Canada are ON Semiconductor Canada Holding Corporation, Sanmina-SCI Systems (Canada) Inc. and Celestica Inc.
Manufacturing diodes and Manufacturing fuel cells and solid-state devices are part of the Semiconductor & Other Electronic Component Manufacturing industry.
The company holding the most market share in Canada is ON Semiconductor Canada Holding Corporation.
The level of competition is high and increasing in the Semiconductor & Other Electronic Component Manufacturing industry in Canada.