Mobile Menu

Engine & Turbine Manufacturing in New Mexico

Author.Name IBISWorld United States Last Updated: April 2025 NAICS NM33361a

Engine & Turbine Manufacturing in New Mexico industry analysis

The Engine & Turbine Manufacturing industry in New Mexico is expected to grow an annualized 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 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 2030, the industry is expected to grow an annualized x% to $x.x million, while the national industry is expected to grow x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to decrease an annualized -x.x% to xx workers, while industry wages are forecast to decrease -x% to $x.x million.

Unbiased research for even more industries at your fingertips

  • 5000+Industries covered
  • 100+Local analysts
  • 250k+Hours of detailed analysis
  • 100k+Subscriber community

Purchase a membership to access this industry and so much more.

About the Engine & Turbine Manufacturing in New Mexico Market Research Report

What’s Included in the Engine & Turbine Manufacturing in New Mexico Market Research Report

Definition of the Engine & Turbine Manufacturing in New Mexico?

Operators in this industry manufacture turbines and equipment used for power transmission, such as generators, in addition to diesel engines for highway vehicles and heavy-duty equipment. Parts and accessories are included, but wind turbines are excluded from this industry (see IBISWorld report 33361b).

What’s included in the Engine & Turbine Manufacturing in New Mexico?

The Engine & Turbine Manufacturing in New Mexico includes manufacturing diesel, semidiesel 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 New Mexico industry report includes a rotary engine in which the kinetic energy of a moving fluid is converted into mechanical energy by causing a bladed rotor to rotate, a motor that converts thermal energy to mechanical work, a manufacturer of products or components that are purchased by a company and then retailed under the purchasing company's brand name and a technology that turns coal into gas, removing impurities before it is combusted and attempting to turn any pollutants into reusable byproducts.

Industry Performance of the Engine & Turbine Manufacturing industry in New Mexico

Benchmark the Engine & Turbine Manufacturing in New Mexico industry performance with all NM county and national performance.

Engine & Turbine Manufacturing in New Mexico

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

Engine & Turbine 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 Engine & Turbine 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, us gross domestic product (gdp) and price of steel are impacting Engine & Turbine 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
US Gross domestic product (GDP)
Price of steel

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

County Data of the Engine & Turbine Manufacturing industry in New Mexico

Access proprietary data on county in the Engine & Turbine Manufacturing in New Mexico, such as Bernalillo County, Curry County and San Juan County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Engine & Turbine Manufacturing industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

Need a deeper insight
Get a free tour

Free Tour

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Engine & Turbine Manufacturing industry in New Mexico in 2025?

The market size of the Engine & Turbine Manufacturing industry in New Mexico is $66.0m in 2025.

How many businesses are there in the Engine & Turbine Manufacturing industry in New Mexico in 2025?

There are 4 businesses in the Engine & Turbine Manufacturing industry in New Mexico, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Engine & Turbine Manufacturing industry in New Mexico grown or declined over the past 5 years?

The market size of the Engine & Turbine Manufacturing industry in New Mexico has been growing at an average annual rate of 1.0% from 2020 to 2025.

How many employees in the Engine & Turbine Manufacturing industry in New Mexico in 2025?

There are 61 employees in the Engine & Turbine Manufacturing industry in New Mexico, which has been declining at an average annual rate of -1.6% from 2020 to 2025.