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Switchgear & Switchboard Apparatus Manufacturing (NAICS 335313) Industry Market Research Report

Switchgear & Switchboard Apparatus Manufacturing - Market Size and Forecast

The Switchgear and Switchboard Apparatus Manufacturing report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurements include both public and private companies in the industry.

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)

Switchgear & Switchboard Apparatus Manufacturing Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Switchgear & Switchboard Apparatus Manufacturing - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Switchgear & Switchboard Apparatus Manufacturing companies in the United States.

Switchgear & Switchboard Apparatus Manufacturing Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesSwitchgear & Switchboard Apparatus Manufacturing
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Switchgear & Switchboard Apparatus Manufacturing - 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" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


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



Depreciation and Amortization

Officer Compensation

Net Income

Switchgear & Switchboard Apparatus Manufacturing - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Switchgear & Switchboard Apparatus Manufacturing - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)

Switchgear and switchboard apparatus mfg.


Power circuit breakers, all voltages

Low volt. panelboards/distribution boards, 1000 volts/less

Fuses/fuse equip. 2300 volts/less (exc. power distrib. cut-outs)

Molded case circuit breakers, 1000 volts or less

Duct, including plug-in units and accessories, 1000 volts/less

Switchgear, except ducts and relays

Switchgear & switchboard apparatus manufacturing, nsk, total

Switchgear & switchboard apparatus, nsk, nonadmin-records

Switchgear & switchboard apparatus, nsk, admin-records

Switchgear & Switchboard Apparatus Manufacturing - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations7%


Chief Executives0%
General and Operations Managers2%
Business and Financial Operations Occupations5%
Architecture and Engineering Occupations15%
Office and Administrative Support Occupations8%
Production Occupations51%
Assemblers and Fabricators32%
Electrical, Electronics, and Electromechanical Assemblers22%
Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers19%
Miscellaneous Assemblers and Fabricators8%
Assemblers and Fabricators, All Other, Including Team Assemblers8%
Metal Workers and Plastic Workers10%
Other Production Occupations5%

Government Contracts

In 2008, the federal government spent a total of $89,619,920 on the switchgear & switchboard apparatus manufacturing industry. It has awarded 1,369 contracts to 334 companies, with an average value of $268,323 per company.

Switchgear & Switchboard Apparatus Manufacturing and Adjacent Industries - Top Companies

($ Millions)


Switchgear & Switchboard Apparatus Manufacturing Industry Report
GeographyUnited States  
Publication DateSeptember 2020
Report FormatPDF Download  

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