Conveyor and Conveying Equipment Manufacturing - Market Size, Financial Statistics, Industry Trends
Industry Overview
This U.S. industry comprises establishments primarily engaged in manufacturing conveyors and conveying equipment, such as gravity conveyors, trolley conveyors, tow conveyors, pneumatic tube conveyors, carousel conveyors, farm conveyors, and belt conveyors. Cross-References. Establishments primarily engaged in--Source: U.S. Census Bureau
Conveyor and Conveying Equipment Manufacturing Market Size
This report includes historical and forecasted market sizes and industry trends for Conveyor and Conveying Equipment 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 Conveyor and Conveying Equipment Manufacturing industry.| Historical | Forecasted | ||||||||||
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| 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 Conveyor and Conveying Equipment Manufacturing industry.
Geographic Breakdown by U.S. State
Conveyor and Conveying Equipment 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 Conveyor and Conveying Equipment Manufacturing companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Conveyor and Conveying Equipment 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:- 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" Conveyor and Conveying Equipment Manufacturing company (both public and private companies are included).
| Industry Average | Percent of Sales | |
|---|---|---|
| Total Revenue | Included |
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| 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 Conveyor and Conveying Equipment Manufacturing industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|
|---|---|---|---|
Conveyor and conveying equipment mfg. |
Included |
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Unit handling conveyors/conveying systems, excluding hoists/farm |
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Unit handling gravity, trolley conveyors/conveying systems |
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Unit handling gravity conveyors and conveying systems |
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Unity handling trolley (overhead) conveyors and conveying systems |
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Unit handling nonbelt conveyors and conveying systems |
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Unit handling powered conveyors, conveying systems, belt/roller |
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All other unit handling conveyors and conveying systems |
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Unit handling conveyors/conveying syst., excl. hoists/farm, nsk |
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Parts/etc., unit handling conveyors & conveying systems |
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Compensation and Salary Surveys
Salary information for employees working in the Conveyor and Conveying Equipment Manufacturing industry.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 7% |
Included |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Architecture and Engineering Occupations | 10% | |||
| Engineers | 7% | |||
| Office and Administrative Support Occupations | 10% | |||
| Production Occupations | 52% | |||
| Assemblers and Fabricators | 17% | |||
| Assemblers and Fabricators, All Other, Including Team Assemblers | 12% | |||
| Metal Workers and Plastic Workers | 26% | |||
| Machinists | 7% | |||
| Machinists | 7% | |||
| Welding, Soldering, and Brazing Workers | 6% | |||
| Welders, Cutters, Solderers, and Brazers | 6% | |||
| Other Production Occupations | 6% | |||
Government Contracts
The federal government spent an annual total of $19,746,660 on the Conveyor and Conveying Equipment Manufacturing industry. It has awarded 360 contracts to 87 companies, with an average value of $226,973 per company.Top Companies in Conveyor and Conveying Equipment Manufacturing and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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