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Electrical Equipment Manufacturing in New Brunswick

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NB33531CA

Electrical Equipment Manufacturing in New Brunswick industry analysis

Revenue for the Electrical Equipment Manufacturing industry in New Brunswick is expected to grow an annualized x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to x locations over the past five years. Industry employment has increased an annualized x.x% to xxx workers during the period, while industry wages have decreased 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 million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to x locations over the next five years. Industry employment is expected to increase an annualized x.x% to xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Electrical Equipment Manufacturing in New Brunswick Market Research Report

What’s Included in the Electrical Equipment Manufacturing in New Brunswick Market Research Report

Definition of the Electrical Equipment Manufacturing in New Brunswick?

Canada's Electrical Equipment Manufacturing industry manufactures power, distribution and specialty transformers; electric motors, generators and motor-generator sets; switchgear and switchboard apparatus; relays; and industrial controls. Electrical equipment manufacturers distribute their products to other manufacturing industries, wholesalers and the construction industry.

What’s included in the Electrical Equipment Manufacturing in New Brunswick?

The Electrical Equipment Manufacturing in New Brunswick includes switchgear, switchboard, relay and industrial control manufacturing, motor and generator manufacturing and power, distribution and specialty transformer manufacturing. Related terms covered in the Electrical Equipment Manufacturing in New Brunswick industry report includes an electrical device by which the alternating current of one voltage is changed to another voltage, an engine that converts mechanical energy into electrical energy by electromagnetic induction, a popular trend within retail and manufacturing industries where producers supply goods directly to stores, eliminating the middleman and the relocation of a company's business process, like manufacturing or accounting, from one country to another, whether the work is outsourced or stays within the company.

Industry Performance of the Electrical Equipment Manufacturing industry in New Brunswick

Benchmark the Electrical Equipment Manufacturing in New Brunswick industry performance with all NB Census Metropolitan Area and national performance.

Electrical Equipment Manufacturing in New Brunswick

#6 in Highest Revenue 1.3% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Electrical Equipment Manufacturing in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

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

Key Drivers of the Electrical Equipment Manufacturing industry in New Brunswick

See how key industry drivers, such as median houshold income, gross domestic product, private investment in non-residential construction, canadian effective exchange rate index, industrial capacity utilization and value of nonresidential construction are impacting Electrical Equipment Manufacturing in New Brunswick

New Brunswick Economic Indicators

Median Houshold Income
Gross Domestic Product
Private Investment in Non-Residential Construction

View more economic information in NB State Economic profile

Canada Key External Drivers

Canadian effective exchange rate index
Industrial capacity utilization
Value of nonresidential construction

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

Census Metropolitan Area Data of the Electrical Equipment Manufacturing industry in New Brunswick

Access proprietary data on Census Metropolitan Area in the Electrical Equipment Manufacturing in New Brunswick, such as Saint John, Fredericton and Bathurst. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Electrical Equipment Manufacturing industry in New Brunswick

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 Electrical Equipment Manufacturing industry in New Brunswick in 2025?

The market size of the Electrical Equipment Manufacturing industry in New Brunswick is $94.9m in 2025.

How many businesses are there in the Electrical Equipment Manufacturing industry in New Brunswick in 2025?

There are 7 businesses in the Electrical Equipment Manufacturing industry in New Brunswick, which has been declining at an average annual rate of -4.9% from 2020 to 2025.

Has the Electrical Equipment Manufacturing industry in New Brunswick grown or declined over the past 5 years?

The market size of the Electrical Equipment Manufacturing industry in New Brunswick has been growing at an average annual rate of 0.0% from 2020 to 2025.

How many employees in the Electrical Equipment Manufacturing industry in New Brunswick in 2025?

There are 227 employees in the Electrical Equipment Manufacturing industry in New Brunswick, which has been growing at an average annual rate of 3.1% from 2020 to 2025.