Canada Engine Remanufacturing Market, by Manufacturer Type
| Label | OEM | Third Party |
|---|---|---|
| 2017 | 20.6 USD Mn | 41.4 USD Mn |
| 2018 | 20.9 USD Mn | 42.8 USD Mn |
| 2019 | 19.4 USD Mn | 40.5 USD Mn |
| 2020 | 11 USD Mn | 23.5 USD Mn |
| 2021 | 12.7 USD Mn | 27.6 USD Mn |
| 2022 | 13.9 USD Mn | 30.8 USD Mn |
| 2023 | 15.8 USD Mn | 35.7 USD Mn |
| 2024 | 18.3 USD Mn | 42.2 USD Mn |
| 2025 | 20.6 USD Mn | 48.6 USD Mn |
| 2026 | 23.1 USD Mn | 55.7 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
Of the 2 groups compared here, Third Party is out front by 2026 at 55.70M USD — 71% of the group total.
Second place: OEM, 23.10M USD, trailing Third Party by 59%.
Third Party: up 35% over the period, 41.40M USD to 55.70M USD.
OEM: 20.60M USD in 2017 to 23.10M USD by 2026, up 12%.
Across the full group, the combined total moves from 62.00M USD in 2017 to 78.80M USD in 2026 — a 27% change.
Reading A Multi-Series Chart
There are 2 separate series stacked into this one chart. Look at relative size and relative movement, not just whichever line sits highest.
Size and growth rate are two different questions here — a series can be small in absolute terms and still be growing the fastest of the group. Check both before drawing a conclusion.
For planning purposes, the end-year figure and the growth rate are the two numbers that matter. Together they show how large the Canada Engine Remanufacturing market is projected to become and how quickly it gets there.
Figures before the 2018 base year are historical estimates; the years through 2026 are projections built from industry data, company revenues, and primary interviews. Forecasts are revised as new data comes in, so check the full report for the latest assumptions.
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