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Navigational Instrument Manufacturing in Prince Edward Island

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS PE33451aCA

Navigational Instrument Manufacturing in Prince Edward Island industry analysis

Revenue for the Navigational Instrument Manufacturing industry in Prince Edward Island is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has increased an annualized x.x% to x locations over the past five years. Industry employment has increased an annualized x.x% to xx 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 decline an annualized -x% to $x.x million, while revenue for the national industry will likely grow 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.x% to xx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Navigational Instrument Manufacturing in Prince Edward Island Market Research Report

What’s Included in the Navigational Instrument Manufacturing in Prince Edward Island Market Research Report

Definition of the Navigational Instrument Manufacturing in Prince Edward Island?

The Navigational Instrument Manufacturing industry in Canada primarily manufactures navigational, measuring and control instruments. Its products include aeronautical instruments, radar systems, driftmeters, sonar systems and equipment, flight recorders, bearing and situation instruments, wheel position indicators and transmitters primarily for aircrafts and marine vessels.

What’s included in the Navigational Instrument Manufacturing in Prince Edward Island?

The Navigational Instrument Manufacturing in Prince Edward Island includes manufacturing search and detection systems, manufacturing sonar systems and equipment, manufacturing situation and bearing instruments, manufacturing navigational and guidance instruments, manufacturing gyroscopes and gyrocompasses, manufacturing distance measuring equipment, manufacturing bank and turn indicators and components and manufacturing other aeronautical navigational systems. Related terms covered in the Navigational Instrument Manufacturing in Prince Edward Island industry report includes electronics used on aircraft, artificial satellites and spacecraft, the design and manufacture of very small devices that deal with volumes of fluid on the order of nanolitres or picolitres and creative work undertaken by a company to increase the stock of knowledge, which can then be applied to developing a new product or improving an existing one.

Industry Performance of the Navigational Instrument Manufacturing industry in Prince Edward Island

Benchmark the Navigational Instrument Manufacturing in Prince Edward Island industry performance with all PE Census Metropolitan Area and national performance.

Navigational Instrument Manufacturing in Prince Edward Island

#9 in Highest Revenue 0.8% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Navigational Instrument Manufacturing in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

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

Key Drivers of the Navigational Instrument 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, demand from professional, scientific and technical services and government consumption and investment are impacting Navigational Instrument 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
Demand from professional, scientific and technical services
Government consumption and investment

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

Census Metropolitan Area Data of the Navigational Instrument Manufacturing industry in Prince Edward Island

Key Statistics of the Navigational Instrument 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 Navigational Instrument Manufacturing industry in Prince Edward Island in 2025?

The market size of the Navigational Instrument Manufacturing industry in Prince Edward Island is $18.4m in 2025.

How many businesses are there in the Navigational Instrument Manufacturing industry in Prince Edward Island in 2025?

There are 2 businesses in the Navigational Instrument Manufacturing industry in Prince Edward Island, which has been growing at an average annual rate of 14.9% from 2020 to 2025.

Has the Navigational Instrument Manufacturing industry in Prince Edward Island grown or declined over the past 5 years?

The market size of the Navigational Instrument Manufacturing industry in Prince Edward Island has been growing at an average annual rate of 4.1% from 2020 to 2025.

How many employees in the Navigational Instrument Manufacturing industry in Prince Edward Island in 2025?

There are 43 employees in the Navigational Instrument Manufacturing industry in Prince Edward Island, which has been growing at an average annual rate of 4.8% from 2020 to 2025.