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Machine Shops (NAICS 33271) Industry Market Research Report

Machine Shops - Market Size and Forecast

The Machine Shops 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)

Machine Shops 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.

Machine Shops - 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 Machine Shops companies in the United States.

Machine Shops Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesMachine Shops
Small Business (< 5 Employees)

Included

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

Machine Shops - 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


Machine Shops - 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

Machine Shops - Product Mix

Product DescriptionDescriptionRevenue
($ 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


Machine Shops - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations5%

Included

Chief Executives0%
General and Operations Managers3%
Office and Administrative Support Occupations11%
Production Occupations70%
Metal Workers and Plastic Workers56%
Computer Control Programmers and Operators10%
Computer-Controlled Machine Tool Operators, Metal and Plastic9%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic6%
Machinists31%
Machinists31%
Welding, Soldering, and Brazing Workers6%
Welders, Cutters, Solderers, and Brazers5%
Other Production Occupations7%

Government Contracts

In 2008, the federal government spent a 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.

Machine Shops and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

Included





Machine Shops Industry Report
GeographyUnited States  
Publication DateSeptember 2020
Report FormatPDF Download  
Price$499.00

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