CPCA Process Market Forecast
Canadian Market Posed for a 5 Year CAGR of 3.3%

  • The 2017 Canadian PI&A Market value was $1,234 M and forecast to grow to $1,454 M by 2022, a five-year CAGR of 3.3%.
  • Oil & gas spending has recovered along with growth in the Canadian chemical industry.
  • Five industries—F&B, chemicals, pharmaceuticals, electric utilities, and oil refining, —as a group, will grow above average, adding $153 M in market value over the forecast period.
  • Economic forecasts suggest that the Canadian GDP will remain above 2 % over the forecast period, creating a strong base for continued growth in PI&A spending.
  • This year CPCA will also publish a detailed breakdown by province of the following categories: process control valves / valve actuators and positioners / pressure / temperature / flow / level. This will be provided free of charge to all members who provide their product report.

The full forecast is now available on the member's section of the website and can be purchased by non-members.
CPCA Member Companies Invited: “The Future of Smart Manufacturing - An Exchange about Trends, Best Practices & Lessons Learned from German & Canadian companies”
In collaboration with the State Development Corporation of Thuringia, the Canadian German Chamber of Industry and Commerce will host two workshops on the topic “The Future of Smart Manufacturing - An Exchange about Trends, Best Practices & Lessons Learned from German & Canadian companies”.
 
The workshops will take place in Toronto and Montréal and will give professionals from the industry, researchers and representatives from associations the opportunity to exchange their views and to discuss current developments in the industries. In addition to presentations from industry representatives, we invite the audience to take part in the panel discussion and subsequent networking reception. 

Toronto
June 18, 2018, 9:00 am - 1:00 pm
Location:  
Ontario Investment and Trade Centre (OITC)
35th floor, 250 Yonge St

Montreal
June 20, 2018, 3:30 pm - 7:30 pm
Location:
Hôtel Alt Montréal, 120, rue Peel  

For more information and to register please click on the following links. 
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