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Electrical Equipment Manufacturing in Montana

Author.Name IBISWorld United States Last Updated: August 2025 NAICS MT33531

Electrical Equipment Manufacturing in Montana industry analysis

The Electrical Equipment Manufacturing industry in Montana is expected to decline an annualized -x.x% to $x.x million 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 x locations. Industry employment has stagnated an annualized x% to x workers, while industry wages have decreased an annualized -x% to $x.x thousand.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to stagnate an annualized x% to x workers, while industry wages are forecast to decrease -x% to $x.x thousand.

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About the Electrical Equipment Manufacturing in Montana Market Research Report

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

Definition of the Electrical Equipment Manufacturing in Montana?

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 Montana?

The Electrical Equipment Manufacturing in Montana 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 Montana 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 Montana

Benchmark the Electrical Equipment Manufacturing in Montana industry performance with all MT county and national performance.

Electrical Equipment Manufacturing in Montana

#49 in Highest Revenue 0% 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 Montana

See how key industry drivers, such as population, newly issued building permits, new business formation, industrial production index, world price of aluminum and trade-weighted index are impacting Electrical Equipment Manufacturing in Montana

Montana Economic Indicators

Population
Newly issued building permits
New Business Formation

View more economic information in MT 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 Montana

Access proprietary data on county in the Electrical Equipment Manufacturing in Montana, such as Yellowstone County, Gallatin County and Missoula County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Electrical Equipment Manufacturing industry in Montana

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 Montana in 2025?

The market size of the Electrical Equipment Manufacturing industry in Montana is $4.7m in 2025.

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

There are 2 businesses in the Electrical Equipment Manufacturing industry in Montana, which has been declining at an average annual rate of -7.8% from 2020 to 2025.

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

The market size of the Electrical Equipment Manufacturing industry in Montana has been declining at an average annual rate of -5.5% from 2020 to 2025.

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

There are 4 employees in the Electrical Equipment Manufacturing industry in Montana, which has been declining at an average annual rate of 0.0% from 2020 to 2025.