Industries

See the region's key sectors.

Arthrex Building Exterior with a water fountain on front

Collier County welcomes investment in sectors that add new layers to the already established tourism and real estate clusters. As such, we support the statewide target clusters and industries promoted by Enterprise Florida Inc. (EFI), the public-private partnership that promotes statewide economic development.

Collier County's Target Industries

By helping companies from the economy's targeted industries grow, the Office of Business & Economic Development is diversifying the county’s economy and believe we offer these industries a competitive advantage.

Numerous companies relocate their main administrative headquarters to the county to benefit from the local stability and lifestyle. Collier County is a base for companies including ArthrexBenseron Information Technologies, ex-IT Technologies. Haynes Corp. Structure Medical LLC, ASG Technologies, Beasley Media Group Inc and SkyLink Data Centers.   

Collier County has significant wetlands and other environmental resources and therefore this cluster’s promotion is critical for the region’s long-term development. Firms in Collier’s cleantech cluster, which includes solar energy, water, and biofuels, generated $136 million in earnings in 2021 with total Gross Regional Product (the total value added generated in Collier County) of $177 million in 2021. This cluster accounted for 1,419 jobs in 2021. The Seminole tribe is a major investor in this cluster.

 

Source: Emsi Burning Glass – economicmodeling.com

This cluster is gaining importance, as $426 million in earnings and $754 million in gross regional product was generated in this cluster in 2020. Local manufacturers are more dynamic in employment than the nation-wide performance. Between 2019 and 2020 local manufacturing employment grew by 6.1% compared to a 4.5% decline nationally. Recently, the medical device industry is the cluster’s investment magnet. Competitive firms in this cluster include ArthrexLenkbar LLCPelican Wire Co. Inc., Aculux Inc., and Cobham Aeroflex Airflyte. The County is actively promoting advanced manufacturing uses in the Golden Gate Economic Development Zone as well as the Innovation Activity Centre Overlay (at the intersection of the I-75 and Collier Boulevard roadways).

 

Source: Emsi Burning Glass – economicmodeling.com

This cluster is a small innovative one that can diversify the local economy and includes clinical laboratories and radiologic technologists. The total gross regional product in 2020 was $2 billion and employed 16,443 workers.

 

Source: Emsi Burning Glass – economicmodeling.com

There were 118 defense contractors located in Collier County in 2018, which generated over $41 million in contracts that year. This is a massive increase from $4 million in contracts generated from 37 contractors in 2000. Firms including Azimuth Technology LLC and All Around Access LLC. are penetrating the defense and homeland security industry from Collier County, which has one of the state’s lowest crime rates – a critical factor for the safety and security this industry requires for contractors.

 

Source: Emsi Burning Glass – economicmodeling.com

This is a smaller cluster which includes firms in flight training as well as aircraft parts manufacturing. Firms such as Cobham Aeroflex Airflyte, Parker-Hannifin, London Aviation Group and Naples Jet Center call Collier County home. In 2020 this cluster generated $133 million in gross regional product and 291 jobs. 

 

Source: Emsi Burning Glass – economicmodeling.com

There is a nascent Information technology cluster in Collier County. In 2020, this cluster, which includes internet and software publishing and computer systems designers, generated $721 million in gross regional product and employed 2,103 people.

 

Source: Emsi Burning Glass – economicmodeling.com

This cluster is among one of the more advanced in the region. In 2020, 10,369 people were employed locally in this industry, which generated $3.5 billion in gross regional product. The cluster grew 3% higher than the national pace between 2019 and 2020. There is also a growing innovative sub-cluster that is pursuing financial innovations, including cyber currency.

 

Source: Emsi Burning Glass – economicmodeling.com

Arthrex took advantage of our economic incentives. Why not your company?

Largest Industries

Below is a breakdown of the largest industries in Collier County.