Mobile Menu

Metalworking Machinery Manufacturing in Newfoundland

Author.Name IBISWorld Canada Last Updated: March 2026 NAICS NL33351CA

Metalworking Machinery Manufacturing in Newfoundland industry analysis

Revenue for the Metalworking Machinery Manufacturing industry in Newfoundland And Labrador is expected to grow an annualized x.x% to $x.x million over the five years to 2026, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has increased an annualized x.x% to x locations over the past five years. Industry employment has increased an annualized x.x% to xx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2031, 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 stagnate x% to x locations over the next five years. Industry employment is expected to increase an annualized x.x% to xx workers during the outlook period, while industry wages likely increase x% to $x.x million.

Unbiased research for even more industries at your fingertips

  • 5000+Industries covered
  • 100+Local analysts
  • 250k+Hours of detailed analysis
  • 100k+Subscriber community

Purchase a membership to access this industry and so much more.

About the Metalworking Machinery Manufacturing in Newfoundland Market Research Report

What’s Included in the Metalworking Machinery Manufacturing in Newfoundland Market Research Report

Definition of the Metalworking Machinery Manufacturing in Newfoundland?

This industry comprises operators that primarily manufacture metal-cutting and forming machine tools (except hand tools) and related products. The machine tools included in this industry are those not supported in the hands of an operator when in use. Operators that primarily manufacture industrial moulds; tools, dies, jigs and fixtures; machine tool accessories and attachments; and rolls are included in this industry.

What’s included in the Metalworking Machinery Manufacturing in Newfoundland?

The Metalworking Machinery Manufacturing in Newfoundland includes industrial moulds, special tools, dies, jigs and fixtures, cutting tools and machine tool accessories, machine tools, metal-cutting machinery and metal-forming machinery and rolling mill machinery and other products . Related terms covered in the Metalworking Machinery Manufacturing in Newfoundland industry report includes the use of computer technology for the design of real and virtual objects; abbreviated cad, a machine used for shaping a piece of material, such as wood or metal, by rotating it rapidly along its axis while pressing a fixed cutting or abrading tool against it and a mix of binary carbon compounds that form a very hard material when combined with a powdered binder of heavy metals, usually tungsten or titanium.

Industry Performance of the Metalworking Machinery Manufacturing industry in Newfoundland

Benchmark the Metalworking Machinery Manufacturing in Newfoundland industry performance with all NL Census Metropolitan Area and national performance.

Metalworking Machinery Manufacturing in Newfoundland

#10 in Highest Revenue 0.1% of province's GDP
Revenue (2026)
Annual Growth (2021-26)
Annual Growth (2026-31)

Metalworking Machinery Manufacturing in Canada


Revenue (2026)
Annual Growth (2021-26)
Annual Growth (2026-31)

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

Key Drivers of the Metalworking Machinery Manufacturing industry in Newfoundland

See how key industry drivers, such as median houshold income, private investment in non-residential construction, gross domestic product, industrial capacity utilization, aggregate private investment and new vehicle sales are impacting Metalworking Machinery Manufacturing in Newfoundland

Newfoundland Economic Indicators

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

View more economic information in NL State Economic profile

Canada Key External Drivers

Industrial capacity utilization
Aggregate private investment
New vehicle sales

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

Census Metropolitan Area Data of the Metalworking Machinery Manufacturing industry in Newfoundland

Key Statistics of the Metalworking Machinery Manufacturing industry in Newfoundland

Download 19 years of historical data and 5 years of projected performance.

Need a deeper insight?
Get a free tour.

Free Tour

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Metalworking Machinery Manufacturing industry in Newfoundland in 2026?

The market size of the Metalworking Machinery Manufacturing industry in Newfoundland is $8.7m in 2026.

How many businesses are there in the Metalworking Machinery Manufacturing industry in Newfoundland in 2026?

There are 3 businesses in the Metalworking Machinery Manufacturing industry in Newfoundland, which has been growing at an average annual rate of 8.4% from 2021 to 2026.

Has the Metalworking Machinery Manufacturing industry in Newfoundland grown or declined over the past 5 years?

The market size of the Metalworking Machinery Manufacturing industry in Newfoundland has been growing at an average annual rate of 1.9% from 2021 to 2026.

How many employees in the Metalworking Machinery Manufacturing industry in Newfoundland in 2026?

There are 27 employees in the Metalworking Machinery Manufacturing industry in Newfoundland, which has been growing at an average annual rate of 0.8% from 2021 to 2026.