Machine Shops - Market Size, Financial Statistics, Industry Trends

Machine Shops Market Size

This report includes historical and forecasted market sizes and industry trends for Machine Shops. 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 Machine Shops 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 Machine Shops industry.

Geographic Breakdown by U.S. State

Machine Shops 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 Machine Shops companies in the United States.

Distribution by Company Size

Company Size	All Industries	Machine Shops
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" Machine Shops 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 Machine Shops industry accounting for the largest revenue sources.

Product Description	Description	Revenue ($ Millions)
Machine shops	Included
Receipts for machine shop job work and job order repairs
Receipts, machine shop job work/job order repairs, nsk, total
Machine shops, nsk, for administrative-records

Compensation and Salary Surveys

Salary information for employees working in the Machine Shops industry.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	5%	Included
Chief Executives	0%
General and Operations Managers	3%
Office and Administrative Support Occupations	11%
Production Occupations	70%
Metal Workers and Plastic Workers	56%
Computer Control Programmers and Operators	10%
Computer-Controlled Machine Tool Operators, Metal and Plastic	9%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic	6%
Machinists	31%
Machinists	31%
Welding, Soldering, and Brazing Workers	6%
Welders, Cutters, Solderers, and Brazers	5%
Other Production Occupations	7%

Government Contracts

The federal government spent an annual total of $60,264,938 on the Machine Shops industry. It has awarded 9,261 contracts to 437 companies, with an average value of $137,906 per company.

Top Companies in Machine Shops and Adjacent Industries

Company	Address	Revenue ($ Millions)
Included