Apprenticeship Training - Market Size, Financial Statistics, Industry Trends
Industry Overview
This U.S. industry comprises establishments primarily engaged in offering apprenticeship training programs. These programs involve applied training as well as course work. Cross-References.Source: U.S. Census Bureau
Apprenticeship Training Market Size
This report includes historical and forecasted market sizes and industry trends for Apprenticeship Training. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Apprenticeship Training industry.| Historical | Forecasted | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
| Market Size (Total Revenue) | Included in Report |
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| % Growth Rate | |||||||||||
| Number of Companies | |||||||||||
| Total Employees | |||||||||||
| Average Revenue per Company | |||||||||||
| Average Employees per Company | |||||||||||
Industry Revenue ($ Billions)
Industry Forecast ($ Billions)
Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Apprenticeship Training industry.
Geographic Breakdown by U.S. State
Apprenticeship Training market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Apprenticeship Training companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Apprenticeship Training |
|---|---|---|
| Small Business (< 5 Employees) | Included |
|
| Small Business (5 - 20) | ||
| Midsized Business (20 - 100) | ||
| Large Business (100 - 500) | ||
| Enterprise (> 500) | ||
Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" Apprenticeship Training company (both public and private companies are included).
| Industry Average | Percent of Sales | |
|---|---|---|
| Total Revenue | Included |
|
| Operating Revenue | ||
| Cost of Goods Sold (COGS) | ||
| Gross Profit | ||
| Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| Earnings Before Interest and Taxes (EBIT) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit | ||
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.| Financial Ratio | Industry Average |
|---|---|
| Profitability Ratios | Included |
| Profit Margin | |
| ROE | |
| ROA | |
| Liquidity Ratios | |
| Current Ratio | |
| Quick Ratio | |
| Activity Ratios | |
| Average Collection Period | |
| Asset Turnover Ratio | |
| Receivables Turnover Ratio | |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Apprenticeship Training industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|---|---|---|
| Industry total | Included |
|
| Occupational, tech, & trade; prof dev; & mngmt training prog | ||
| Other occupational, tech, & trade; prof dev; & mngmt training prog | ||
| Contributions, gifts, & grants - private | ||
| All other revenue | ||
| Training programs & courses - education | ||
| Contributions, gifts, & grants - government | ||
| Basic education & personal improvement programs & courses | ||
| Investment income, including interest & dividends | ||
| Higher academic, career, & advanced research prog/credit courses | ||
Compensation and Salary Surveys
Salary information for employees working in the Apprenticeship Training industry.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 9% |
Included |
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| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Business and Financial Operations Occupations | 6% | |||
| Education, Training, and Library Occupations | 47% | |||
| Postsecondary Teachers | 38% | |||
| Miscellaneous Postsecondary Teachers | 33% | |||
| Vocational Education Teachers, Postsecondary | 32% | |||
| Other Teachers and Instructors | 6% | |||
| Office and Administrative Support Occupations | 17% | |||
| Information and Record Clerks | 5% | |||
| Other Office and Administrative Support Workers | 5% | |||
Government Contracts
The federal government spent an annual total of $68,651,885 on the Apprenticeship Training industry. It has awarded 150 contracts to 52 companies, with an average value of $1,320,229 per company.Top Companies in Apprenticeship Training and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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