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Machine Shop Services in Nunavut

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NU33271CA

Machine Shop Services in Nunavut industry analysis

Revenue for the Machine Shop Services industry in Nunavut is expected to decline an annualized -x.x% to $x.x million 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 stagnated an annualized x% to x locations over the past five years. Industry employment has stagnated an annualized x% to x workers during the period, while industry wages have decreased an annualized -x.x% to $x.x thousand.

Over the five years to 2030, provincial industry revenue is expected to decline 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 stagnate an annualized x% to x workers during the outlook period, while industry wages likely increase x% to $x.x thousand.

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About the Machine Shop Services in Nunavut Market Research Report

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

Definition of the Machine Shop Services in Nunavut?

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 Nunavut?

The Machine Shop Services in Nunavut 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 Nunavut 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 Nunavut

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

Machine Shop Services in Nunavut

#12 in Highest Revenue 0% 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 Nunavut

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

Nunavut Economic Indicators

Gross Domestic Product
Per Capita Disposable Income
Private Investment in Non-Residential Construction

View more economic information in NU 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 Nunavut

Key Statistics of the Machine Shop Services industry in Nunavut

Download 15 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 Nunavut in 2025?

The market size of the Machine Shop Services industry in Nunavut is $1.6m in 2025.

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

There are 1 businesses in the Machine Shop Services industry in Nunavut, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

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

The market size of the Machine Shop Services industry in Nunavut has been declining at an average annual rate of -0.7% from 2020 to 2025.

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

There are 9 employees in the Machine Shop Services industry in Nunavut, which has been declining at an average annual rate of 0.0% from 2020 to 2025.