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Power Tools & Other General Purpose Machinery Manufacturing in New Mexico

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NM33399

Power Tools & Other General Purpose Machinery Manufacturing in New Mexico industry analysis

The Power Tools & Other General Purpose Machinery Manufacturing industry in New Mexico is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x% during the same period. Industry establishments increased an annualized x.x% to xx locations. Industry employment has increased an annualized x.x% to 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 million, while the national industry is expected to grow x%. Industry establishments are forecast to stagnate x% to xx locations. Industry employment is expected to increase an annualized x.x% to xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Power Tools & Other General Purpose Machinery Manufacturing in New Mexico Market Research Report

What’s Included in the Power Tools & Other General Purpose Machinery Manufacturing in New Mexico Market Research Report

Definition of the Power Tools & Other General Purpose Machinery Manufacturing in New Mexico?

Items manufactured in this industry include power-driven hand tools; welding and soldering equipment; packaging machinery; industrial-process furnaces and ovens; fluid-power cylinders and actuators; fluid-power pumps and motors; scales and balances; and miscellaneous general-purpose machinery.

What’s included in the Power Tools & Other General Purpose Machinery Manufacturing in New Mexico?

The Power Tools & Other General Purpose Machinery Manufacturing in New Mexico includes all other general-purpose machinery, welding and soldering equipment, fluid-power cylinders, pumps, motors and actuators, packaging machinery, power-driven hand tools and industrial furnaces and ovens. Related terms covered in the Power Tools & Other General Purpose Machinery Manufacturing in New Mexico industry report includes a powered device that moves or controls a mechanism or system, machines that perform repetitive tasks, such as welding joints, on assembly lines; used largely to replace human labor and increase operational efficiencies, technology that deals with the generation, control and transmission of pressurized gases and liquids, the activity of decorating or improving your home, using one’s own efforts, rather than paying a professional and manufacturers that assemble finished products using components manufactured by upstream companies.

Industry Performance of the Power Tools & Other General Purpose Machinery Manufacturing industry in New Mexico

Benchmark the Power Tools & Other General Purpose Machinery Manufacturing in New Mexico industry performance with all NM county and national performance.

Power Tools & Other General Purpose Machinery Manufacturing in New Mexico

#45 in Highest Revenue 0.1% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Power Tools & Other General Purpose Machinery 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 Power Tools & Other General Purpose Machinery Manufacturing industry in New Mexico

See how key industry drivers, such as population, per capita disposable income, median houshold income, private investment in industrial equipment and machinery, industrial production index and value of construction are impacting Power Tools & Other General Purpose Machinery 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

Private investment in industrial equipment and machinery
Industrial production index
Value of construction

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

County Data of the Power Tools & Other General Purpose Machinery Manufacturing industry in New Mexico

Access proprietary data on county in the Power Tools & Other General Purpose Machinery Manufacturing in New Mexico, such as Bernalillo County, Cibola County and Santa Fe County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Power Tools & Other General Purpose Machinery Manufacturing industry in New Mexico

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 Power Tools & Other General Purpose Machinery Manufacturing industry in New Mexico in 2025?

The market size of the Power Tools & Other General Purpose Machinery Manufacturing industry in New Mexico is $45.5m in 2025.

How many businesses are there in the Power Tools & Other General Purpose Machinery Manufacturing industry in New Mexico in 2025?

There are 12 businesses in the Power Tools & Other General Purpose Machinery Manufacturing industry in New Mexico, which has been growing at an average annual rate of 1.8% from 2020 to 2025.

Has the Power Tools & Other General Purpose Machinery Manufacturing industry in New Mexico grown or declined over the past 5 years?

The market size of the Power Tools & Other General Purpose Machinery Manufacturing industry in New Mexico has been growing at an average annual rate of 15.2% from 2020 to 2025.

How many employees in the Power Tools & Other General Purpose Machinery Manufacturing industry in New Mexico in 2025?

There are 165 employees in the Power Tools & Other General Purpose Machinery Manufacturing industry in New Mexico, which has been growing at an average annual rate of 12.4% from 2020 to 2025.