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Metalworking Machinery Manufacturing in Prince Edward Island

Author.Name IBISWorld Canada Last Updated: March 2026 NAICS PE33351CA

Metalworking Machinery Manufacturing in Prince Edward Island industry analysis

Revenue for the Metalworking Machinery Manufacturing industry in Prince Edward Island is expected to decline 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 stagnated an annualized x% to x locations over the past five years. Industry employment has decreased 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 grow x.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.

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About the Metalworking Machinery Manufacturing in Prince Edward Island Market Research Report

What’s Included in the Metalworking Machinery Manufacturing in Prince Edward Island Market Research Report

Definition of the Metalworking Machinery Manufacturing in Prince Edward Island?

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 Prince Edward Island?

The Metalworking Machinery Manufacturing in Prince Edward Island 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 Prince Edward Island 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 Prince Edward Island

Benchmark the Metalworking Machinery Manufacturing in Prince Edward Island industry performance with all PE Census Metropolitan Area and national performance.

Metalworking Machinery Manufacturing in Prince Edward Island

#9 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 Prince Edward Island

See how key industry drivers, such as population, median houshold income, private investment in non-residential construction, industrial capacity utilization, aggregate private investment and new vehicle sales are impacting Metalworking Machinery Manufacturing in Prince Edward Island

Prince Edward Island Economic Indicators

Population
Median Houshold Income
Private Investment in Non-Residential Construction

View more economic information in PE 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 Prince Edward Island

Key Statistics of the Metalworking Machinery Manufacturing industry in Prince Edward Island

Download 19 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 Metalworking Machinery Manufacturing industry in Prince Edward Island in 2026?

The market size of the Metalworking Machinery Manufacturing industry in Prince Edward Island is $9.2m in 2026.

How many businesses are there in the Metalworking Machinery Manufacturing industry in Prince Edward Island in 2026?

There are 3 businesses in the Metalworking Machinery Manufacturing industry in Prince Edward Island, which has been declining at an average annual rate of 0.0% from 2021 to 2026.

Has the Metalworking Machinery Manufacturing industry in Prince Edward Island grown or declined over the past 5 years?

The market size of the Metalworking Machinery Manufacturing industry in Prince Edward Island has been declining at an average annual rate of -4.8% from 2021 to 2026.

How many employees in the Metalworking Machinery Manufacturing industry in Prince Edward Island in 2026?

There are 28 employees in the Metalworking Machinery Manufacturing industry in Prince Edward Island, which has been declining at an average annual rate of -4.9% from 2021 to 2026.