Number of Relay and Industrial Control Manufacturing Businesses in the US (2000–2023)
As of 2023
1,459
relay and industrial control manufacturing businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The relay and industrial control manufacturing industry has declined 36% since 2000 (from 2,278 to 1,459 firms).
- •The peak year was 2000 with 2,278 firms.
- •Recent trend (last 5 years): the industry is shrinking (-9.5%).
- •Employment: 125,919 workers in 2023 (-36.2% change since 2000).
- •Estimated 5-year survival rate: 72%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 1,459 | 1,732 | 125,919 | 5.8% | 6.4% | +5.7% |
| 2022 | 1,468 | 1,738 | 119,611 | 5.0% | 6.5% | +1.8% |
| 2021 | 1,495 | 1,760 | 117,343 | 3.8% | 6.2% | -0.3% |
| 2020 | 1,565 | 1,851 | 118,525 | 3.7% | 7.0% | +0.3% |
| 2019 | 1,612 | 1,915 | 118,816 | 3.6% | 6.7% | +2.9% |
| 2018 | 1,648 | 1,981 | 116,616 | 7.9% | 5.5% | +3.4% |
| 2017 | 1,674 | 1,935 | 112,928 | 4.0% | 6.2% | -2.7% |
| 2016 | 1,713 | 1,982 | 116,031 | 3.8% | 5.9% | -3.0% |
| 2015 | 1,759 | 2,029 | 120,437 | 4.3% | 6.1% | +1.2% |
| 2014 | 1,778 | 2,057 | 117,109 | 4.0% | 5.3% | +1.5% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.