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Electrical Equipment Manufacturing in Ontario

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS ON33531CA

Electrical Equipment Manufacturing in Ontario industry analysis

Revenue for the Electrical Equipment Manufacturing industry in Ontario is expected to grow an annualized x.x% to $x.x billion 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 xxx locations over the past five years. Industry employment has increased an annualized x% to x,xxx workers during the period, while industry wages have increased an annualized x.x% to $x.x million.

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

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About the Electrical Equipment Manufacturing in Ontario Market Research Report

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

Definition of the Electrical Equipment Manufacturing in Ontario?

Canada's Electrical Equipment Manufacturing 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 distribute their products to other manufacturing industries, wholesalers and the construction industry.

What’s included in the Electrical Equipment Manufacturing in Ontario?

The Electrical Equipment Manufacturing in Ontario includes switchgear, switchboard, relay and industrial control manufacturing, motor and generator manufacturing and power, distribution and specialty transformer manufacturing. Related terms covered in the Electrical Equipment Manufacturing in Ontario industry report includes an electrical device by which the alternating current of one voltage is changed to another voltage, an engine that converts mechanical energy into electrical energy by electromagnetic induction, a popular trend within retail and manufacturing industries where producers supply goods directly to stores, eliminating the middleman and the relocation of a company's business process, like manufacturing or accounting, from one country to another, whether the work is outsourced or stays within the company.

Industry Performance of the Electrical Equipment Manufacturing industry in Ontario

Benchmark the Electrical Equipment Manufacturing in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Electrical Equipment Manufacturing in Ontario

#1 in Highest Revenue 40.5% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Electrical Equipment 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 Electrical Equipment Manufacturing industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, canadian effective exchange rate index, industrial capacity utilization and value of nonresidential construction are impacting Electrical Equipment Manufacturing in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON State Economic profile

Canada Key External Drivers

Canadian effective exchange rate index
Industrial capacity utilization
Value of nonresidential construction

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

Census Metropolitan Area Data of the Electrical Equipment Manufacturing industry in Ontario

Access proprietary data on Census Metropolitan Area in the Electrical Equipment Manufacturing in Ontario, such as Toronto, Hamilton and Kitchener - Cambridge - Waterloo. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Electrical Equipment Manufacturing industry in Ontario

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 Ontario in 2025?

The market size of the Electrical Equipment Manufacturing industry in Ontario is $3.0bn in 2025.

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

There are 221 businesses in the Electrical Equipment Manufacturing industry in Ontario, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

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

The market size of the Electrical Equipment Manufacturing industry in Ontario has been growing at an average annual rate of 4.6% from 2020 to 2025.

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

There are 7,273 employees in the Electrical Equipment Manufacturing industry in Ontario, which has been growing at an average annual rate of 7.0% from 2020 to 2025.