Heating Equipment (except Warm Air Furnaces) Manufacturing - Market Size, Financial Statistics, Industry Trends
Industry Overview
This U.S. industry comprises establishments primarily engaged in manufacturing heating equipment (except electric and warm air furnaces), such as heating boilers, heating stoves, floor and wall furnaces, and wall and baseboard heating units. Cross-References. Establishments primarily engaged in--Source: U.S. Census Bureau
Heating Equipment (except Warm Air Furnaces) Manufacturing Market Size
This report includes historical and forecasted market sizes and industry trends for Heating Equipment (except Warm Air Furnaces) 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 Heating Equipment (except Warm Air Furnaces) 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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| Number of Companies | |||||||||||
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| 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 Heating Equipment (except Warm Air Furnaces) Manufacturing industry.
Geographic Breakdown by U.S. State
Heating Equipment (except Warm Air Furnaces) 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 Heating Equipment (except Warm Air Furnaces) Manufacturing companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Heating Equipment (except Warm Air Furnaces) 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" Heating Equipment (except Warm Air Furnaces) 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 Heating Equipment (except Warm Air Furnaces) Manufacturing industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|
|---|---|---|---|
Heating equipment (excluding warm air furnaces) manufacturing |
Included |
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Heating boilers, radiators, & convectors, cast iron, excl. parts |
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Boilers/radiators/convectors, cast iron/Al/oth. nonferr. metals |
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Boilers/radiators/convectors, baseboard/finned tube/residential |
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Domestic heating stoves, excluding parts |
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Heating stoves, domestic, excluding parts |
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Heating stoves, hearth appliances, freestanding wood fireplaces |
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Heating boilers, steam/hot water, steel, <= 15 p.s.i., exc. parts |
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Furnaces/heaters/mech. stokers (incl. parts) |
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Furnaces, floor and wall, gas and oil |
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Compensation and Salary Surveys
Salary information for employees working in the Heating Equipment (except Warm Air Furnaces) 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 $6,349,673 on the Heating Equipment (except Warm Air Furnaces) Manufacturing industry. It has awarded 345 contracts to 155 companies, with an average value of $40,966 per company.Top Companies in Heating Equipment (except Warm Air Furnaces) Manufacturing and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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