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Heating Equipment Manufacturing (NAICS 333414) Industry Market Research Report

Heating Equipment Manufacturing - Market Size and Forecast

The Heating Equipment 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.

HistoricalForecasted
20152016201720182019202020212022202320242025
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)

Heating Equipment 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.

Heating Equipment 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 Heating Equipment Manufacturing companies in the United States.

Heating Equipment Manufacturing Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesHeating Equipment Manufacturing
Small Business (< 5 Employees)

Included

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

Heating Equipment 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

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


Heating Equipment Manufacturing - 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

Heating Equipment Manufacturing - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)

Heating equipment (excluding warm air furnaces) manufacturing

Included

Heating boilers, radiators, & convectors, cast iron, excl. parts

Boilers/radiators/convectors, cast iron/Al/oth. nonferr. metals

Boilers/radiators/convectors, baseboard/finned tube/residential

Domestic heating stoves, excluding parts

Heating stoves, domestic, excluding parts

Heating stoves, hearth appliances, freestanding wood fireplaces

Heating boilers, steam/hot water, steel, <= 15 p.s.i., exc. parts

Furnaces/heaters/mech. stokers (incl. parts)

Furnaces, floor and wall, gas and oil


Heating Equipment Manufacturing - Compensation and Salary Surveys

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

Included

Chief Executives0%
General and Operations Managers2%
Architecture and Engineering Occupations10%
Engineers7%
Office and Administrative Support Occupations10%
Production Occupations52%
Assemblers and Fabricators17%
Assemblers and Fabricators, All Other, Including Team Assemblers12%
Metal Workers and Plastic Workers26%
Machinists7%
Machinists7%
Welding, Soldering, and Brazing Workers6%
Welders, Cutters, Solderers, and Brazers6%
Other Production Occupations6%

Government Contracts

In 2008, the federal government spent a total of $6,349,673 on the heating equipment manufacturing industry. It has awarded 345 contracts to 155 companies, with an average value of $40,966 per company.

Heating Equipment Manufacturing and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

Included





Heating Equipment Manufacturing Industry Report
GeographyUnited States  
Publication DateNovember 2020
Report FormatPDF Download  
Price$499.00

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