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Power Tools & Other General Purpose Machinery Manufacturing in Michigan

Author.Name IBISWorld United States Last Updated: March 2026 NAICS MI33399

Power Tools & Other General Purpose Machinery Manufacturing in Michigan industry analysis

The Power Tools & Other General Purpose Machinery Manufacturing industry in Michigan is expected to grow an annualized x.x% to $x.x billion over the five years to 2026, while the national industry will likely decline at -x.x% during the same period. Industry establishments increased an annualized x.x% to xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x billion.

Over the five years to 2031, the industry is expected to grow an annualized x.x% to $x.x billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x billion.

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

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

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

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 Michigan?

The Power Tools & Other General Purpose Machinery Manufacturing in Michigan 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 Michigan 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 Michigan

Benchmark the Power Tools & Other General Purpose Machinery Manufacturing in Michigan industry performance with all MI county and national performance.

Power Tools & Other General Purpose Machinery Manufacturing in Michigan

#2 in Highest Revenue 10% of state's GDP
Revenue (2026)
Annual Growth (2021-26)
Annual Growth (2026-31)

Power Tools & Other General Purpose Machinery Manufacturing in the US


Revenue (2026)
Annual Growth (2021-26)
Annual Growth (2026-31)

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

Key Drivers of the Power Tools & Other General Purpose Machinery Manufacturing industry in Michigan

See how key industry drivers, such as are impacting Power Tools & Other General Purpose Machinery Manufacturing in Michigan

Michigan Economic Indicators

Population
Net Migration

View more economic information in MI 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 Michigan

Access proprietary data on county in the Power Tools & Other General Purpose Machinery Manufacturing in Michigan, such as Oakland County, Wayne County and Kent 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 Michigan

Download 19 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 Michigan in 2026?

The market size of the Power Tools & Other General Purpose Machinery Manufacturing industry in Michigan is $5.7bn in 2026.

How many businesses are there in the Power Tools & Other General Purpose Machinery Manufacturing industry in Michigan in 2026?

There are 455 businesses in the Power Tools & Other General Purpose Machinery Manufacturing industry in Michigan, which has been growing at an average annual rate of 0.9% from 2021 to 2026.

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

The market size of the Power Tools & Other General Purpose Machinery Manufacturing industry in Michigan has been growing at an average annual rate of 0.8% from 2021 to 2026.

How many employees in the Power Tools & Other General Purpose Machinery Manufacturing industry in Michigan in 2026?

There are 12,359 employees in the Power Tools & Other General Purpose Machinery Manufacturing industry in Michigan, which has been growing at an average annual rate of 2.7% from 2021 to 2026.