2024 Automobile Steering & Suspension Components Manufacturing Industry Research Report

Automobile Steering & Suspension Components Manufacturing - Market Size and Industry Forecast

The 2024 Automobile Steering and Suspension Components Manufacturing Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the automobile steering & suspension components manufacturing industry.

HistoricalForecasted
20192020202120222023202420252026202720282029
Market Size (Total Revenue)

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% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023


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.

Automobile Steering & Suspension Components 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 Automobile Steering & Suspension Components Manufacturing companies in the United States.

Automobile Steering & Suspension Components Manufacturing Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesAutomobile Steering & Suspension Components Manufacturing
Small Business (< 5 Employees)

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

Automobile Steering & Suspension Components Manufacturing - 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

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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

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Automobile Steering & Suspension Components Manufacturing - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

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Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Automobile Steering & Suspension Components Manufacturing - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)

Motor vehicle steering and suspension parts

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Motor vehicle steering/suspension components, new and rebuilt

Motor vehicle shock absorbers

Motor vehicle tie rod ends

Motor vehicle steering idler arms, drag links, and control arms

Motor vehicle steering wheels, columns, and gearboxes

Other motor vehicle steering and suspension components

Motor vehicle steering/suspension component manufacturing, nsk

Motor vehicle steering/suspension component for non-admin records

Motor vehicle steering/suspension component for admin records


Automobile Steering & Suspension Components Manufacturing - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations4%

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Chief Executives0%
General and Operations Managers1%
Architecture and Engineering Occupations8%
Engineers6%
Office and Administrative Support Occupations6%
Installation, Maintenance, and Repair Occupations6%
Production Occupations65%
Assemblers and Fabricators28%
Assemblers and Fabricators, All Other, Including Team Assemblers23%
Metal Workers and Plastic Workers23%
Other Production Occupations8%
Transportation and Material Moving Occupations5%

Government Contracts

In the past, the federal government spent an annual total of $1,245,363 on the automobile steering & suspension components manufacturing industry. It has awarded 86 contracts to 47 companies, with an average value of $26,497 per company.

Automobile Steering & Suspension Components Manufacturing and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

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Automobile Steering & Suspension Components Manufacturing Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

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