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Major Household Appliance Manufacturing in New Mexico

Author.Name IBISWorld United States Last Updated: August 2022 NAICS NM33522

Major Household Appliance Manufacturing in New Mexico industry analysis

The Major Household Appliance Manufacturing industry in New Mexico is expected to decline an annualized -x.x% to $x.x million over the five years to 2022, while the national industry will likely decline at -x.x% during the same period. Industry establishments stagnated an annualized x% to x locations. Industry employment has decreased an annualized -x.x% to xx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2027, 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 decrease an annualized -x% to xx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Major Household Appliance Manufacturing in New Mexico Market Research Report

What’s Included in the Major Household Appliance Manufacturing in New Mexico Market Research Report

Definition of the Major Household Appliance Manufacturing in New Mexico?

Major household appliance manufacturers produce major household cooking appliances, refrigerators and home freezers, household laundry equipment and other major electrical and nonelectrical household appliances like dishwashers, garbage disposal units, water heaters and trash compactors. Small cooking appliances (e.g. hot plates), fans, vacuums and electric irons are not included.

What’s included in the Major Household Appliance Manufacturing in New Mexico?

The Major Household Appliance Manufacturing in New Mexico includes household cooking appliances manufacturing, household refrigerator and home freezer manufacturing, household laundry equipment manufacturing, dishwasher manufacturing, garbage disposal unit manufacturing, electric and nonelectric water heater manufacturing and microwave oven manufacturing. Related terms covered in the Major Household Appliance Manufacturing in New Mexico industry report includes a motor that uses linear movement (as opposed to rotational) to boost performance and reduce energy costs, a rule concerning disclosures of energy consumption and water use of certain home appliances, an international standard for energy-efficient products. the label identifies major electrical appliances that meet or exceed us environmental protection agency guidelines for energy efficiency and an appliance that operates when electricity is the least expensive and most abundant, which is determined by communicating with the electric meter.

Industry Performance of the Major Household Appliance Manufacturing industry in New Mexico

Benchmark the Major Household Appliance Manufacturing in New Mexico industry performance with all NM county and national performance.

Major Household Appliance Manufacturing in New Mexico

#41 in Highest Revenue 0.1% of state's GDP
Revenue (2022)
Annual Growth (2017-22)
Annual Growth (2022-27)

Major Household Appliance 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 Major Household Appliance Manufacturing industry in New Mexico

See how key industry drivers, such as population, per capita disposable income, median houshold income, value of residential construction, aggregate household debt and producer price index: household appliances are impacting Major Household Appliance Manufacturing in New Mexico

New Mexico Economic Indicators

Population
Per Capita Disposable Income
Median Houshold Income

View more economic information in NM State Economic profile

US Key External Drivers

Value of residential construction
Aggregate household debt
Producer Price Index: Household appliances

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

County Data of the Major Household Appliance Manufacturing industry in New Mexico

Access proprietary data on county in the Major Household Appliance Manufacturing in New Mexico, such as Bernalillo County and Santa Fe County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Major Household Appliance Manufacturing industry in New Mexico

Download 17 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 Major Household Appliance Manufacturing industry in New Mexico in 2025?

The market size of the Major Household Appliance Manufacturing industry in New Mexico is $23.4m in 2025.

How many businesses are there in the Major Household Appliance Manufacturing industry in New Mexico in 2025?

There are 1 businesses in the Major Household Appliance Manufacturing industry in New Mexico, which has been declining at an average annual rate of 0.0% from 2017 to 2022.

Has the Major Household Appliance Manufacturing industry in New Mexico grown or declined over the past 5 years?

The market size of the Major Household Appliance Manufacturing industry in New Mexico has been declining at an average annual rate of -12.2% from 2017 to 2022.

How many employees in the Major Household Appliance Manufacturing industry in New Mexico in 2025?

There are 82 employees in the Major Household Appliance Manufacturing industry in New Mexico, which has been declining at an average annual rate of -11.4% from 2017 to 2022.