Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals - Market Size, Financial Statistics, Industry Trends

Industry Overview

This U.S. industry comprises establishments primarily engaged in manufacturing instruments for measuring and testing the characteristics of electricity and electrical signals. Examples of products made by these establishments are circuit and continuity testers, voltmeters, ohm meters, wattmeters, multimeters, and semiconductor test equipment. Cross-References.
Source: U.S. Census Bureau

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals Market Size

This report includes historical and forecasted market sizes and industry trends for Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals. 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 Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals 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



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 Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals industry.

Geographic Breakdown by U.S. State

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals 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 Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals companies in the United States.

Distribution by Company Size

Company Size	All Industries	Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals
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" Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals 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

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 Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals industry accounting for the largest revenue sources.

Product Description	Description	Revenue ($ Millions)
Electricity and signal testing instruments	Included
Electrical integrating instruments
Test equip for testing electrical/radio/comm circuits/motors
Other instruments to measure electricity
Electricity and signal testing instruments, nsk, total
Electricity & signal testing instruments, nsk, nonadmin-records
Electricity & signal testing instruments, nsk, admin-records

Compensation and Salary Surveys

Salary information for employees working in the Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals industry.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	11%	Included
Chief Executives	0%
General and Operations Managers	2%
Business and Financial Operations Occupations	9%
Business Operations Specialists	6%
Computer and Mathematical Occupations	11%
Computer Occupations	11%
Software Developers and Programmers	7%
Architecture and Engineering Occupations	22%
Engineers	16%
Electrical and Electronics Engineers	5%
Drafters, Engineering Technicians, and Mapping Technicians	5%
Office and Administrative Support Occupations	10%
Production Occupations	28%
Assemblers and Fabricators	17%
Electrical, Electronics, and Electromechanical Assemblers	11%
Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers	11%
Miscellaneous Assemblers and Fabricators	5%
Assemblers and Fabricators, All Other, Including Team Assemblers	5%
Metal Workers and Plastic Workers	5%

Government Contracts

The federal government spent an annual total of $343,743,751 on the Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals industry. It has awarded 4,978 contracts to 899 companies, with an average value of $382,362 per company.

Top Companies in Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals and Adjacent Industries

Company	Address	Revenue ($ Millions)
Included