Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables - Market Size, Financial Statistics, Industry Trends
Industry Overview
This U.S. industry comprises establishments primarily engaged in manufacturing instruments and related devices for measuring, displaying, indicating, recording, transmitting, and controlling industrial process variables. These instruments measure, display, or control (monitor, analyze, and so forth) industrial process variables, such as temperature, humidity, pressure, vacuum, combustion, flow, level, viscosity, density, acidity, concentration, and rotation. Cross-References. Establishments primarily engaged in--Source: U.S. Census Bureau
Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables Market Size
This report includes historical and forecasted market sizes and industry trends for Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables. 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 Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables industry.| Historical | Forecasted | ||||||||||
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| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
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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 Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables industry.
Geographic Breakdown by U.S. State
Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables 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 Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables |
|---|---|---|
| Small Business (< 5 Employees) | Included |
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| 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" Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables 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 Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
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|---|---|---|---|
Industrial process variable instruments |
Included |
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Process control instruments |
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Process control instruments, nsk, total |
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Process control instruments, nsk, administrative-records |
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Compensation and Salary Surveys
Salary information for employees working in the Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables industry.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 11% |
Included |
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| 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 $191,723,407 on the Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables industry. It has awarded 4,292 contracts to 911 companies, with an average value of $210,454 per company.Top Companies in Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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