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Electrical Equipment Manufacturing in Michigan

Author.Name IBISWorld United States Last Updated: August 2025 NAICS MI33531

Electrical Equipment Manufacturing in Michigan industry analysis

The Electrical Equipment Manufacturing industry in Michigan is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to xx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to xx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Electrical Equipment Manufacturing in Michigan Market Research Report

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

Definition of the Electrical Equipment Manufacturing in Michigan?

This 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 sell their products to other manufacturing industries, wholesalers and the construction sector.

What’s included in the Electrical Equipment Manufacturing in Michigan?

The Electrical Equipment Manufacturing in Michigan includes transformers, motors and generators, switchgear and switchboards, relays and industrial controls and wholesale sales of electricity generation. Related terms covered in the Electrical Equipment Manufacturing in Michigan industry report includes an electrical device by which alternating current of one voltage is changed to another voltage, an engine that converts mechanical energy into electrical energy by electromagnetic induction, an electrical apparatus used to open and close circuits; may also include devices that provide protection for apparatus connected to an electrical supply, an electrical device in which current flowing through one circuit can switch a current in a second circuit on and off, a popular trend within retail and manufacturing industries where producers supply goods directly to stores, eliminating the middleman, to procure goods or services under contract with an outside supplier, the relocation of a company's business process, such as manufacturing or accounting, from one country to another, whether the work is outsourced or stays within the company, an electrical apparatus that provides emergency power to a load when the input power source, typically the utility mains, fails and an intentional drop in voltage to prevent a blackout.

Industry Performance of the Electrical Equipment Manufacturing industry in Michigan

Benchmark the Electrical Equipment Manufacturing in Michigan industry performance with all MI county and national performance.

Electrical Equipment Manufacturing in Michigan

#18 in Highest Revenue 1.9% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Electrical Equipment Manufacturing in the US


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 Michigan

See how key industry drivers, such as are impacting Electrical Equipment Manufacturing in Michigan

Michigan Economic Indicators

Population
Net Migration

View more economic information in MI State Economic profile

US Key External Drivers

Industrial production index
World price of aluminum
Trade-weighted index

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

County Data of the Electrical Equipment Manufacturing industry in Michigan

Access proprietary data on county in the Electrical Equipment Manufacturing in Michigan, such as Oakland County, Wayne County and Kent County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Electrical Equipment Manufacturing industry in Michigan

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 Michigan in 2025?

The market size of the Electrical Equipment Manufacturing industry in Michigan is $1.1bn in 2025.

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

There are 79 businesses in the Electrical Equipment Manufacturing industry in Michigan, which has been declining at an average annual rate of -0.7% from 2020 to 2025.

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

The market size of the Electrical Equipment Manufacturing industry in Michigan has been growing at an average annual rate of 3.3% from 2020 to 2025.

How many employees in the Electrical Equipment Manufacturing industry in Michigan in 2025?

There are 2,881 employees in the Electrical Equipment Manufacturing industry in Michigan, which has been growing at an average annual rate of 3.6% from 2020 to 2025.