| Product Code: ETC5192867 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
From 2023 to 2024, Canada`s internal combustion engine market witnessed a notable import trend with a growth rate of 27.79%. The compound annual growth rate (CAGR) for imports in the period of 2020-2024 stood at 18.87%. This surge in imports can be attributed to a significant shift in demand towards more efficient and advanced engine technologies, driving market stability and fostering trade momentum in the industry.

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 Internal Combustion Engine Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Internal Combustion Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Internal Combustion Engine Market - Industry Life Cycle |
3.4 Canada Internal Combustion Engine Market - Porter's Five Forces |
3.5 Canada Internal Combustion Engine Market Revenues & Volume Share, By Fuel, 2021 & 2031F |
3.6 Canada Internal Combustion Engine Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Canada Internal Combustion Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicles and transportation services in Canada |
4.2.2 Technological advancements leading to the development of more efficient internal combustion engines |
4.2.3 Growing focus on reducing emissions and improving fuel efficiency in the automotive industry |
4.3 Market Restraints |
4.3.1 Stringent government regulations on emissions and fuel efficiency standards |
4.3.2 Shift towards electric vehicles impacting the demand for internal combustion engines |
4.3.3 Volatility in global oil prices affecting the cost of fuel and consumer preferences |
5 Canada Internal Combustion Engine Market Trends |
6 Canada Internal Combustion Engine Market Segmentations |
6.1 Canada Internal Combustion Engine Market, By Fuel |
6.1.1 Overview and Analysis |
6.1.2 Canada Internal Combustion Engine Market Revenues & Volume, By Petroleum, 2021-2031F |
6.1.3 Canada Internal Combustion Engine Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.2 Canada Internal Combustion Engine Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Canada Internal Combustion Engine Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Canada Internal Combustion Engine Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Canada Internal Combustion Engine Market Revenues & Volume, By Aircraft, 2021-2031F |
7 Canada Internal Combustion Engine Market Import-Export Trade Statistics |
7.1 Canada Internal Combustion Engine Market Export to Major Countries |
7.2 Canada Internal Combustion Engine Market Imports from Major Countries |
8 Canada Internal Combustion Engine Market Key Performance Indicators |
8.1 Average fuel efficiency of internal combustion engines in Canada |
8.2 Adoption rate of new technologies in internal combustion engines |
8.3 Investments in research and development for improving internal combustion engine efficiency |
9 Canada Internal Combustion Engine Market - Opportunity Assessment |
9.1 Canada Internal Combustion Engine Market Opportunity Assessment, By Fuel, 2021 & 2031F |
9.2 Canada Internal Combustion Engine Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Canada Internal Combustion Engine Market - Competitive Landscape |
10.1 Canada Internal Combustion Engine Market Revenue Share, By Companies, 2024 |
10.2 Canada Internal Combustion Engine 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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