Optical Instrument & Lens Manufacturing Industry: Statistics, Forecasts, and Company Data
Optical Instrument & Lens Manufacturing - Market Size and Industry Forecast
The 2023 Optical Instrument and Lens Manufacturing Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the optical instrument & lens manufacturing industry.
Source: U.S. government financial data.
|Market Size (Total Revenue)|
|% Growth Rate|
|Number of Companies|
|Average Revenue per Company|
|Average Employees per Company|
Industry Revenue ($ Billions)
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.
Optical Instrument & Lens 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 Optical Instrument & Lens Manufacturing companies in the United States.
Optical Instrument & Lens Manufacturing Revenue by State
Distribution by Company Size
|Company Size||All Industries||Optical Instrument & Lens Manufacturing|
|Small Business (< 5 Employees)|
|Small Business (5 - 20)|
|Midsized Business (20 - 100)|
|Large Business (100 - 500)|
|Enterprise (> 500)|
Optical Instrument & Lens Manufacturing - 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" company (both public and private companies included).
|Industry Average||Percent of Sales|
|Cost of Goods Sold (COGS)|
|Earnings Before Interest and Taxes (EBIT)|
|Earnings Before Taxes|
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Depreciation and Amortization
Optical Instrument & Lens Manufacturing - Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
|Financial Ratio||Industry Average|
|Average Collection Period|
|Asset Turnover Ratio|
|Receivables Turnover Ratio|
|Inventory Conversion Ratio|
Optical Instrument & Lens Manufacturing - Product Mix
|Product Description||Description||Revenue |
Optical instrument and lens manufacturing
Sighting, tracking, and fire-control equipment, optical-type
All other miscellaneous optical instruments and lenses
Optical instrument and lens manufacturing, nsk, total
Optical instrument & lens mfg., nsk, for nonadmin-record estabs.
Optical instrument & lens mfg., nsk, for admin-record estabs.
Optical Instrument & Lens Manufacturing - Compensation and Salary Surveys
|Title||Percent of Workforce||Bottom Quartile||Average (Median) Salary||Upper Quartile|
|General and Operations Managers||2%|
|Business and Financial Operations Occupations||6%|
|Computer and Mathematical Occupations||6%|
|Architecture and Engineering Occupations||11%|
|Office and Administrative Support Occupations||11%|
|Assemblers and Fabricators||18%|
|Miscellaneous Assemblers and Fabricators||14%|
|Assemblers and Fabricators, All Other, Including Team Assemblers||14%|
|Metal Workers and Plastic Workers||13%|
|Other Production Occupations||8%|
In the past, the federal government spent an annual total of $715,599,921
on the optical instrument & lens manufacturing industry. It has awarded 2,824 contracts to 607 companies, with an average value of $1,178,913 per company.
Optical Instrument & Lens Manufacturing and Adjacent Industries - Top Companies