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Engine & Turbine Manufacturing in Prince Edward Island

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS PE33361aCA

Engine & Turbine Manufacturing in Prince Edward Island industry analysis

Revenue for the Engine & Turbine Manufacturing industry in Prince Edward Island is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, 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 thousand.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely decline -x.x%. The number of industry establishments is forecast to stagnate x% to x locations over the next five years. Industry employment is expected to increase an annualized x% to xx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Engine & Turbine Manufacturing in Prince Edward Island Market Research Report

What’s Included in the Engine & Turbine Manufacturing in Prince Edward Island Market Research Report

Definition of the Engine & Turbine Manufacturing in Prince Edward Island?

The Engine and Turbine Manufacturing industry in Canada manufactures turbines, engines and equipment used for power transmission, such as generators and heavy-duty equipment. The manufacture of parts and accessories, such as speed changers, drives and gears, is included, but wind turbine manufacturing is excluded.

What’s included in the Engine & Turbine Manufacturing in Prince Edward Island?

The Engine & Turbine Manufacturing in Prince Edward Island includes manufacturing diesel, semi-diesel and dual-fuel engines, manufacturing gas, steam and other turbines, generator sets and accessories, manufacturing mechanical power transmission equipment and manufacturing speed changers, drives and gears. Related terms covered in the Engine & Turbine Manufacturing in Prince Edward Island industry report includes a motor that converts thermal energy to mechanical work, a rotary engine in which the kinetic energy of a moving fluid is converted into mechanical energy by causing a bladed rotor to rotate and a manufacturer of products or components that are purchased by a company and then retailed under the purchasing company's brand name.

Industry Performance of the Engine & Turbine Manufacturing industry in Prince Edward Island

Benchmark the Engine & Turbine Manufacturing in Prince Edward Island industry performance with all PE Census Metropolitan Area and national performance.

Engine & Turbine Manufacturing in Prince Edward Island

#8 in Highest Revenue 0.6% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Engine & Turbine Manufacturing in Canada


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 Engine & Turbine Manufacturing industry in Prince Edward Island

See how key industry drivers, such as population, median houshold income, private investment in non-residential construction, canadian effective exchange rate index, industrial capacity utilization and electric power consumption are impacting Engine & Turbine 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

Canadian effective exchange rate index
Industrial capacity utilization
Electric power consumption

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

Census Metropolitan Area Data of the Engine & Turbine Manufacturing industry in Prince Edward Island

Key Statistics of the Engine & Turbine Manufacturing industry in Prince Edward Island

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 Engine & Turbine Manufacturing industry in Prince Edward Island in 2025?

The market size of the Engine & Turbine Manufacturing industry in Prince Edward Island is $11.1m in 2025.

How many businesses are there in the Engine & Turbine Manufacturing industry in Prince Edward Island in 2025?

There are 1 businesses in the Engine & Turbine Manufacturing industry in Prince Edward Island, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Engine & Turbine Manufacturing industry in Prince Edward Island grown or declined over the past 5 years?

The market size of the Engine & Turbine Manufacturing industry in Prince Edward Island has been declining at an average annual rate of -8.2% from 2020 to 2025.

How many employees in the Engine & Turbine Manufacturing industry in Prince Edward Island in 2025?

There are 20 employees in the Engine & Turbine Manufacturing industry in Prince Edward Island, which has been declining at an average annual rate of -12.9% from 2020 to 2025.