NAICS 3336Industry group · 4-digitnational market1 market record

Engine, turbine and power transmission equipment manufacturing

This industry group comprises establishments primarily engaged in manufacturing turbines and turbine generator sets; internal combustion engines (except automotive gasoline and aircraft); and speed changers, industrial high-speed drives and gears. Establishments primarily engaged in manufacturing wind- and solar-powered turbine generators and windmills for generating electric power are included. — Statistics Canada, NAICS 2022A

Establishments · CanadaA
122
with employees
Under 10 employeesA
53%
most common size: 1–4
Establishments · USA
908
Employment · USA
95,564
105 per establishment
Payroll · USA
$7.5B
$79k per employee
01

Size and shape

How many businesses there are and how small they are. Fragmentation is the first thing an entrant — or anyone selling software into this industry — needs to know, and it is one of the few things that is actually measured.

Canadian establishments by number of employeesA

1–44739%
5–91815%
10–192117%
20–491815%
50–99119%
100–19932%
200–49922%
500+22%

Of 122 Canadian establishments with employees, 53% have fewer than ten — mostly small operators.

Where they areA

Ontario4638%
Quebec3428%
Alberta1714%
British Columbia1714%

Largest four provinces by establishment count. Establishments with employees only — sole operators with no payroll are not in this table, so in trades and personal services the true number of businesses is higher.

How many new establishments are still tradingA
Manufacturing, US · opened 2020
86.2%
1 year
70.8%
3 years
58.4%
5 years
45.3%
10 years
opened 2015

Measured, not forecast: the share of US establishments opening in one year that were still active later. It counts good operators and bad ones together, which is exactly why it is the honest answer to “what are the odds”. It is for the whole sector rather than this market, and the ten-year figure comes from an older cohort because no younger one has reached ten years.

02

How businesses here compete

The structural profile of subsector 333, which every industry beneath it inherits. This is analyst judgment from how the subsector is organised — not research into this industry, and not a measurement.

national competitionmedium capitalUNVERIFIEDinherited from 333 Machinery manufacturing

Niche machinery builders hold defensible positions through application knowledge. Aftermarket parts and service are where the margin sits.

Who sets the price
Specification and engineering rather than a market price.
The software it runs on
Engineer-to-order ERP, product lifecycle management, service and parts.
03

Market screens and studies

Market-entry records filed along this branch of the hierarchy. A record at or beneath this code is about this industry; one above it is about something wider that contains it.

Operating businessScreened
Turbine, Engine and Industrial Gearbox BuilderStructure decides
binding constraint: capital intensity

Turbines, non-automotive engines, gearboxes and industrial drives — 122 Canadian establishments, of which 65 have fewer than ten people, against a US industry averaging 105 employees per establishment [A]. The attraction is current: power demand has the gas-turbine makers sold out years ahead. GE Vernova's Power segment took US$19.8B of revenue at a 14.7% EBITDA margin in 2025, and its 2025 cash from operations took in US$8.0B of contract liabilities and deferred income, driven first by down payments on Power orders and turbine slot reservations [A]. But the same filing shows what building rotating power equipment costs when things go less well. GE Vernova's Wind segment lost US$598M of EBITDA on US$9.1B of revenue in 2025, after losing US$588M in 2024 and US$1,033M in 2023 [A] — a leading turbine maker, at full scale, three years running. The mechanism is that the manufacturer does not just sell a machine; it underwrites the machine's output for years under fixed-price contracts and fleet-wide warranties, so a design fault or a delayed project is charged to its balance sheet across every unit shipped. Power survives that because US$13.1B of its US$19.8B revenue is services on turbines installed over decades — the installed-base annuity described in the special-purpose machinery record at 3332. The point specific to this group is the other side of it: the capital an entrant needs is not the plant, it is the balance sheet a utility or pipeline operator will accept as guarantor of a twenty-year asset. The small Canadian establishments are, on this reading, gear-cutting and rebuild shops serving local mills and mines — closer to the machine shop at 3327 than to a way into this industry. Plant software is screened separately.

NAICS 33366 vendors named13 sourced figuresOpen →
04

Software serving this industry

The vertical software markets filed along the same branch — who sells to these businesses and who they would have to displace — and then the generic categories every business buys whatever it does.

Sold across the wider branch

Catalogued categories — named, not analysed

05

Companies in this industry · 9

Every company this research names that is filed here or beneath — the operators, and the vendors that sell to them — largest disclosed revenue first. The rank is within the company’s own six-digit industry.

CompanyFiled underRevenueRank
TimkenPrivateEngine, turbine and power transmission equipment manufacturing3336$4.6B1/9
GE VernovaPrivateEngine, turbine and power transmission equipment manufacturing3336—2/9
Siemens EnergyPrivateEngine, turbine and power transmission equipment manufacturing3336—3/9
Caterpillar (CAT)NYSE:CATEngine, turbine and power transmission equipment manufacturing3336—4/9
CumminsNYSE:CMIEngine, turbine and power transmission equipment manufacturing3336—5/9
Mitsubishi PowerPrivateEngine, turbine and power transmission equipment manufacturing3336—6/9
Rolls-Royce Power SystemsPrivateEngine, turbine and power transmission equipment manufacturing3336—7/9
VestasVWDRYEngine, turbine and power transmission equipment manufacturing3336—8/9
WärtsiläWRTBYEngine, turbine and power transmission equipment manufacturing3336—9/9
06

Who works here

The occupations employed in Manufacturing, most concentrated in it first. The share is measured against the whole sector, not this industry — the published cross-tabulation stops there.

And the jobs every business has

Found across at least fourteen of the twenty sectors. In a small establishment several of these are usually one person, or an outside provider.

All 162 occupations →

07

Inside this industry

1 row sits directly beneath 3336, and 3 in all once every level is counted. Each has a base report of its own.

CodeIndustryEstablishments · CAWhat is known
33361Engine, turbine and power transmission equipment manufacturing122screened at 3336

Alongside it, under 333 Machinery manufacturing