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Machine Shop Services in Ontario

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS ON33271CA

Machine Shop Services in Ontario industry analysis

Revenue for the Machine Shop Services industry in Ontario is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to x,xxx locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x billion, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to x,xxx locations over the next five years. Industry employment is expected to increase an annualized x.x% to x,xxx workers during the outlook period, while industry wages likely increase x% to $x.x billion.

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About the Machine Shop Services in Ontario Market Research Report

What’s Included in the Machine Shop Services in Ontario Market Research Report

Definition of the Machine Shop Services in Ontario?

This industry is primarily engaged in operating machine tools, such as lathes, including computer numerical control; automatic screw machines; and machines for boring, grinding, milling and otherwise working metal, to produce machine parts and equipment, other than complete machines, for the trade. Machine shops providing custom and repair services are included in this industry.

What’s included in the Machine Shop Services in Ontario?

The Machine Shop Services in Ontario includes manual and computer numerical control milling services, drilling and boring services, grinding and planning services, turning services to produce cylindrical components and fastening services using automatic screw machines. Related terms covered in the Machine Shop Services in Ontario industry report includes an industry process that uses an edged cutting tool to remove material from a rotating object to create or improve the object's cylindrical shape, the process where a predrilled hole is enlarged with a tool, the process where a rotating cutting tool is used to carve or shape a stationary object and an establishment where machining takes place.

Industry Performance of the Machine Shop Services industry in Ontario

Benchmark the Machine Shop Services in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Machine Shop Services in Ontario

#1 in Highest Revenue 43.9% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Machine Shop Services in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Machine Shop Services industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, industrial capacity utilization, demand from machinery manufacturing and aggregate private investment are impacting Machine Shop Services in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON State Economic profile

Canada Key External Drivers

Industrial capacity utilization
Demand from machinery manufacturing
Aggregate private investment

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Machine Shop Services industry in Ontario

Access proprietary data on Census Metropolitan Area in the Machine Shop Services in Ontario, such as Toronto, Kitchener - Cambridge - Waterloo and Hamilton. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Machine Shop Services industry in Ontario

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Machine Shop Services industry in Ontario in 2025?

The market size of the Machine Shop Services industry in Ontario is $3.1bn in 2025.

How many businesses are there in the Machine Shop Services industry in Ontario in 2025?

There are 1,714 businesses in the Machine Shop Services industry in Ontario, which has been declining at an average annual rate of -0.8% from 2020 to 2025.

Has the Machine Shop Services industry in Ontario grown or declined over the past 5 years?

The market size of the Machine Shop Services industry in Ontario has been growing at an average annual rate of 0.3% from 2020 to 2025.

How many employees in the Machine Shop Services industry in Ontario in 2025?

There are 14,955 employees in the Machine Shop Services industry in Ontario, which has been growing at an average annual rate of 2.7% from 2020 to 2025.