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Size of the US Electrical Equipment Manufacturing industry

NAICS 3353, Electrical Equipment Manufacturing. Every figure on this page was published by a federal statistical agency and carries its source and period. Palanor does not estimate: a period the agency didn’t publish shows as missing, and a figure it withheld shows as withheld.

Key figures

Receipts (sales, shipments or revenue)
$48.6 billion
2022 · Economic Census
All establishments, current dollars
Employment
168,951
2026-Q1 · Quarterly Census of Employment and Wages
Private-sector jobs in the third month of each quarter
Establishments
3,294
2026-Q1 · Quarterly Census of Employment and Wages
Private ownership
Firms
1,541
2022 · Economic Census
Annual payroll
$9.5 billion
2023 · County Business Patterns

Over time

Employment · Quarterly Census of Employment and WagesLatest 168,951 · 2026-Q1
2019-Q1: 145,2822019-Q2: 146,6642019-Q3: 144,9792019-Q4: 145,0682020-Q1: 141,0112020-Q2: 136,2912020-Q3: 134,6842020-Q4: 136,2762021-Q1: 136,5432021-Q2: 137,6532021-Q3: 137,8312021-Q4: 139,2322022-Q1: 139,5732022-Q2: 142,2632022-Q3: 142,8842022-Q4: 145,4802023-Q1: 147,1582023-Q2: 148,5512023-Q3: 149,3372023-Q4: 151,9512024-Q1: 153,8362024-Q2: 156,9652024-Q3: 156,3312024-Q4: 158,5652025-Q1: 159,6572025-Q2: 163,6342025-Q3: 164,1582025-Q4: 167,6852026-Q1: 168,951NAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q1168,9512022
2025-Q4167,6852022
2025-Q3164,1582022
2025-Q2163,6342022
2025-Q1159,6572022
2024-Q4158,5652022
2024-Q3156,3312022
2024-Q2156,9652022
2024-Q1153,8362022
2023-Q4151,9512022
2023-Q3149,3372022
2023-Q2148,5512022
2023-Q1147,1582022
2022-Q4145,4802022
2022-Q3142,8842022
2022-Q2142,2632022
2022-Q1139,5732022
2021-Q4139,2322017
2021-Q3137,8312017
2021-Q2137,6532017
2021-Q1136,5432017
2020-Q4136,2762017
2020-Q3134,6842017
2020-Q2136,2912017
2020-Q1141,0112017
2019-Q4145,0682017
2019-Q3144,9792017
2019-Q2146,6642017
2019-Q1145,2822017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private-sector jobs in the third month of each quarter

Employment · County Business PatternsLatest 125,655 · 2023
2017: 113,5052018: 117,1752019: 118,8162020: 117,6232021: 117,0952022: 119,3622023: 125,655
Show the numbers
PeriodValue
2023125,655
2022119,362
2021117,095
2020117,623
2019118,816
2018117,175
2017113,505

Source: U.S. Census Bureau, County Business Patterns · Paid employees in the pay period including March 12

Establishments · Quarterly Census of Employment and WagesLatest 3,294 · 2026-Q1
2019-Q1: 2,8962019-Q2: 2,8882019-Q3: 2,9002019-Q4: 2,9232020-Q1: 2,8932020-Q2: 2,8832020-Q3: 2,8732020-Q4: 2,8822021-Q1: 2,8732021-Q2: 2,8822021-Q3: 2,9222021-Q4: 2,9522022-Q1: 2,9192022-Q2: 2,9322022-Q3: 2,9842022-Q4: 3,0092023-Q1: 3,0262023-Q2: 3,0722023-Q3: 3,0922023-Q4: 3,1402024-Q1: 3,1052024-Q2: 3,1502024-Q3: 3,1812024-Q4: 3,1912025-Q1: 3,1812025-Q2: 3,2232025-Q3: 3,2482025-Q4: 3,2702026-Q1: 3,294NAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q13,2942022
2025-Q43,2702022
2025-Q33,2482022
2025-Q23,2232022
2025-Q13,1812022
2024-Q43,1912022
2024-Q33,1812022
2024-Q23,1502022
2024-Q13,1052022
2023-Q43,1402022
2023-Q33,0922022
2023-Q23,0722022
2023-Q13,0262022
2022-Q43,0092022
2022-Q32,9842022
2022-Q22,9322022
2022-Q12,9192022
2021-Q42,9522017
2021-Q32,9222017
2021-Q22,8822017
2021-Q12,8732017
2020-Q42,8822017
2020-Q32,8732017
2020-Q22,8832017
2020-Q12,8932017
2019-Q42,9232017
2019-Q32,9002017
2019-Q22,8882017
2019-Q12,8962017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private ownership

Establishments · County Business PatternsLatest 1,793 · 2023
2017: 2,0232018: 2,0662019: 1,9712020: 1,9182021: 1,8332022: 1,8402023: 1,793
Show the numbers
PeriodValue
20231,793
20221,840
20211,833
20201,918
20191,971
20182,066
20172,023

Source: U.S. Census Bureau, County Business Patterns

Total wages in the quarter · Quarterly Census of Employment and WagesLatest $4.3 billion · 2026-Q1
2019-Q1: $2.7 billion2019-Q2: $2.6 billion2019-Q3: $2.5 billion2019-Q4: $2.8 billion2020-Q1: $2.7 billion2020-Q2: $2.4 billion2020-Q3: $2.3 billion2020-Q4: $2.7 billion2021-Q1: $2.6 billion2021-Q2: $2.5 billion2021-Q3: $2.5 billion2021-Q4: $3.0 billion2022-Q1: $2.9 billion2022-Q2: $2.8 billion2022-Q3: $2.8 billion2022-Q4: $3.0 billion2023-Q1: $3.2 billion2023-Q2: $3.0 billion2023-Q3: $2.9 billion2023-Q4: $3.4 billion2024-Q1: $3.5 billion2024-Q2: $3.3 billion2024-Q3: $3.2 billion2024-Q4: $3.6 billion2025-Q1: $3.8 billion2025-Q2: $3.6 billion2025-Q3: $3.6 billion2025-Q4: $4.2 billion2026-Q1: $4.3 billionNAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q1$4.3 billion2022
2025-Q4$4.2 billion2022
2025-Q3$3.6 billion2022
2025-Q2$3.6 billion2022
2025-Q1$3.8 billion2022
2024-Q4$3.6 billion2022
2024-Q3$3.2 billion2022
2024-Q2$3.3 billion2022
2024-Q1$3.5 billion2022
2023-Q4$3.4 billion2022
2023-Q3$2.9 billion2022
2023-Q2$3.0 billion2022
2023-Q1$3.2 billion2022
2022-Q4$3.0 billion2022
2022-Q3$2.8 billion2022
2022-Q2$2.8 billion2022
2022-Q1$2.9 billion2022
2021-Q4$3.0 billion2017
2021-Q3$2.5 billion2017
2021-Q2$2.5 billion2017
2021-Q1$2.6 billion2017
2020-Q4$2.7 billion2017
2020-Q3$2.3 billion2017
2020-Q2$2.4 billion2017
2020-Q1$2.7 billion2017
2019-Q4$2.8 billion2017
2019-Q3$2.5 billion2017
2019-Q2$2.6 billion2017
2019-Q1$2.7 billion2017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private ownership

Annual payroll · County Business PatternsLatest $9.5 billion · 2023
2017: $6.9 billion2018: $7.3 billion2019: $7.4 billion2020: $7.5 billion2021: $8.2 billion2022: $8.8 billion2023: $9.5 billion
Show the numbers
PeriodValue
2023$9.5 billion
2022$8.8 billion
2021$8.2 billion
2020$7.5 billion
2019$7.4 billion
2018$7.3 billion
2017$6.9 billion

Source: U.S. Census Bureau, County Business Patterns

The ledger

Every published measure

MeasureSourceLatestPeriodHistory
EmploymentPrivate-sector jobs in the third month of each quarterQuarterly Census of Employment and Wages168,9512026-Q12019-Q1–2026-Q1 · 29 published
EstablishmentsPrivate ownershipQuarterly Census of Employment and Wages3,2942026-Q12019-Q1–2026-Q1 · 29 published
Total wages in the quarterPrivate ownershipQuarterly Census of Employment and Wages$4.3 billion2026-Q12019-Q1–2026-Q1 · 29 published
Annual payrollCounty Business Patterns$9.5 billion20232017–2023 · 7 published
EmploymentPaid employees in the pay period including March 12County Business Patterns125,65520232017–2023 · 7 published
EstablishmentsCounty Business Patterns1,79320232017–2023 · 7 published
Annual payrollEconomic Census$8.4 billion20222017–2022 · 2 published
EmploymentPaid employees in the pay period including March 12Economic Census119,87120222017–2022 · 2 published
EstablishmentsEconomic Census1,80720222017–2022 · 2 published
FirmsEconomic Census1,54120222017–2022 · 2 published
Receipts (sales, shipments or revenue)All establishments, current dollarsEconomic Census$48.6 billion20222017–2022 · 2 published

Breakdown

Industries within Electrical Equipment Manufacturing

NAICSIndustrySizeEmployment
33531Electrical Equipment Manufacturing$48.6 billionReceipts · 2022 · Economic Census168,9512026-Q1 · QCEW

Companies

Public companies in this industry

Companies Palanor tracks whose GICS classification maps to NAICS 3353. The mapping is Palanor’s, one GICS sub-industry to one NAICS code; a company’s own mix of business can span several.

  • GEV GE Vernova
  • GNRC Generac
  • MWH SOLV Energy
  • XE X-energy

Sources

Where every number comes from

Figures are in current dollars and are the agencies’ own, revised when they revise. Each program defines its universe differently (employer firms, private ownership, all establishments), so figures from different sources are not meant to add up. This page is not endorsed by the Census Bureau, BEA or BLS. The same data is in the Palanor API (/v1/industries) and the MCP (palanor_get_industry). All industries.