Definition
This industry is part of the Manufacturing sector in the US. Operators within the industry manufacture a range of turbines, engines, and equipment used for power transmission, such as generators. These products are then on-sold to auto manufacturers, power generators, and other original equipment manufacturers. This industry does not manufacture: ball and roller bearings (see NAICS 33299), electric power transmission and distribution equipment, generators or prime mover generator sets, except turbines (see NAICS 33531), motor vehicle engines and transmissions (see NAICS 33631), motor vehicle power transmissions (see NAICS 33635), aircraft engines and aircraft power transmission equipment (see NAICS 33641). NAICS definition: this industry comprises establishments primarily engaged in manufacturing turbines, power transmission equipment, and internal combustion engines (except automotive gasoline and aircraft).

IBISWorld research reports contain trend analysis, statistics, market size information, industry growth rates as well as market share of competitors.

Major market segments are identified and also those forces affecting demand and supply within the industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information IBISWorld also provides 5 year forecasts for each industry.

Each comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.

Each comprehensive study also examines details such as the barriers to entry, operating cost structure (including averages), technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic location.