| Product Code: ETC5780974 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Canada engines market, the import trend experienced a -13.62% growth rate from 2023 to 2024, with a compound annual growth rate (CAGR) of 11.31% from 2020 to 2024. This decline in import momentum in 2024 could be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Engines Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Engines Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Engines Market - Industry Life Cycle |
3.4 Canada Engines Market - Porter's Five Forces |
3.5 Canada Engines Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Canada Engines Market Revenues & Volume Share, By Power Rating, 2022 & 2032F |
4 Canada Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Canada, leading to increased demand for engines in construction equipment. |
4.2.2 Expansion of the mining sector in Canada, driving demand for engines used in mining machinery. |
4.2.3 Government initiatives promoting clean energy and the adoption of electric engines in various industries. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing costs of engines. |
4.3.2 Stringent emission regulations affecting the production and sale of engines in Canada. |
4.3.3 Competition from alternative technologies such as electric engines impacting the traditional engine market. |
5 Canada Engines Market Trends |
6 Canada Engines Market Segmentations |
6.1 Canada Engines Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Engines Market Revenues & Volume, By Power Generation (Emergency & Standby, Prime Power, Peak Shaving), 2022-2032F |
6.1.3 Canada Engines Market Revenues & Volume, By Marine ? (Recreational and Commercial), 2022-2032F |
6.2 Canada Engines Market, By Power Rating |
6.2.1 Overview and Analysis |
6.2.2 Canada Engines Market Revenues & Volume, By 0-60 HP, 2022-2032F |
6.2.3 Canada Engines Market Revenues & Volume, By 61-100 HP, 2022-2032F |
6.2.4 Canada Engines Market Revenues & Volume, By 101-300 HP, 2022-2032F |
6.2.5 Canada Engines Market Revenues & Volume, By 301-500 HP, 2022-2032F |
6.2.6 Canada Engines Market Revenues & Volume, By 501-700 HP, 2022-2032F |
6.2.7 Canada Engines Market Revenues & Volume, By above 700 HP, 2022-2032F |
7 Canada Engines Market Import-Export Trade Statistics |
7.1 Canada Engines Market Export to Major Countries |
7.2 Canada Engines Market Imports from Major Countries |
8 Canada Engines Market Key Performance Indicators |
8.1 Adoption rate of clean energy engines in key industries. |
8.2 Average fuel efficiency improvements in engines over time. |
8.3 Investment in research and development for engine technology advancements. |
9 Canada Engines Market - Opportunity Assessment |
9.1 Canada Engines Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Canada Engines Market Opportunity Assessment, By Power Rating, 2022 & 2032F |
10 Canada Engines Market - Competitive Landscape |
10.1 Canada Engines Market Revenue Share, By Companies, 2025 |
10.2 Canada Engines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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