2024 Precision Turned Product Manufacturing Industry Research Report

Precision Turned Product Manufacturing - Market Size and Industry Forecast

The 2024 Precision Turned Product 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 precision turned product 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.

Precision Turned Product 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 Precision Turned Product Manufacturing companies in the United States.

Precision Turned Product Manufacturing Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesPrecision Turned Product Manufacturing
Small Business (< 5 Employees)

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

Precision Turned Product 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


Precision Turned Product 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

Precision Turned Product Manufacturing - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)

Precision turned product manufacturing

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Precision turned products, automotive

Precision turned products (CNC equip., screw mach.), excl. auto

Precision turned product manufacturing, nsk, total

Precision turned product mfg, nsk, nonadministrative-records

Precision turned product mfg, nsk, administrative-records


Precision Turned Product Manufacturing - Compensation and Salary Surveys

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

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Chief Executives0%
General and Operations Managers2%
Office and Administrative Support Occupations11%
Production Occupations67%
Metal Workers and Plastic Workers50%
Computer Control Programmers and Operators8%
Computer-Controlled Machine Tool Operators, Metal and Plastic6%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic13%
Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic6%
Machinists18%
Machinists18%
Other Production Occupations10%
Inspectors, Testers, Sorters, Samplers, and Weighers6%
Inspectors, Testers, Sorters, Samplers, and Weighers6%

Government Contracts

In the past, the federal government spent an annual total of $15,763,706 on the precision turned product manufacturing industry. It has awarded 319 contracts to 116 companies, with an average value of $135,894 per company.

Precision Turned Product Manufacturing and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

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Precision Turned Product Manufacturing Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

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