Boiler, Tank, and Shipping Container Manufacturing - Market Size, Financial Statistics, Industry Trends

Industry Overview

This industry group comprises establishments primarily engaged in one of the following: (1) manufacturing power boilers and heat exchangers; (2) cutting, forming, and joining heavy gauge metal to manufacture tanks, vessels, and other containers; or (3) forming light gauge metal containers.
Source: U.S. Census Bureau

Boiler, Tank, and Shipping Container Manufacturing Market Size

This report includes historical and forecasted market sizes and industry trends for Boiler, Tank, and Shipping Container Manufacturing. 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 Boiler, Tank, and Shipping Container Manufacturing industry.

Historical Forecasted
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Boiler, Tank, and Shipping Container Manufacturing Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Industry Forecast ($ Billions)

Boiler, Tank, and Shipping Container Manufacturing Industry Forecast
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030


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 Boiler, Tank, and Shipping Container Manufacturing industry.

Geographic Breakdown by U.S. State

Boiler, Tank, and Shipping Container Manufacturing 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 Boiler, Tank, and Shipping Container Manufacturing companies in the United States.

Industry Revenue by State [Sample]

Market Size by State

Distribution by Company Size

Company Size All Industries Boiler, Tank, and Shipping Container Manufacturing
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:
The report includes a traditional income statement from an "average" Boiler, Tank, and Shipping Container Manufacturing 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

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 RatioIndustry 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

Compensation and Salary Surveys

Salary information for employees working in the Boiler, Tank, and Shipping Container Manufacturing industry.

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 5%

Included

Chief Executives 0%
General and Operations Managers 2%
Office and Administrative Support Occupations 10%
Production Occupations 61%
Assemblers and Fabricators 10%
Miscellaneous Assemblers and Fabricators 7%
Assemblers and Fabricators, All Other, Including Team Assemblers 7%
Metal Workers and Plastic Workers 37%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic 8%
Machinists 9%
Machinists 9%
Welding, Soldering, and Brazing Workers 8%
Welders, Cutters, Solderers, and Brazers 7%
Other Production Occupations 10%
Transportation and Material Moving Occupations 5%

Government Contracts

The federal government spent an annual total of $1,526,803,884 on the Boiler, Tank, and Shipping Container Manufacturing industry. It has awarded 1,384 contracts to 576 companies, with an average value of $2,650,701 per company.

Top Companies in Boiler, Tank, and Shipping Container Manufacturing and Adjacent Industries

Company Address Revenue
($ Millions)

Included