Mining Machinery and Equipment Manufacturing - Market Size, Financial Statistics, Industry Trends
Industry Overview
This U.S. industry comprises establishments primarily engaged in (1) manufacturing underground mining machinery and equipment, such as coal breakers, mining cars, core drills, coal cutters, and rock drills, and (2) manufacturing mineral beneficiating machinery and equipment used in surface or underground mines. Cross-References. Establishments primarily engaged in--Source: U.S. Census Bureau
Mining Machinery and Equipment Manufacturing Market Size
This report includes historical and forecasted market sizes and industry trends for Mining Machinery and Equipment Manufacturing. 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 Mining Machinery and Equipment Manufacturing industry.| Historical | Forecasted | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
| Market Size (Total Revenue) | Included in Report |
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| % Growth Rate | |||||||||||
| Number of Companies | |||||||||||
| Total Employees | |||||||||||
| Average Revenue per Company | |||||||||||
| Average Employees per Company | |||||||||||
Industry Revenue ($ Billions)
Industry Forecast ($ Billions)
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 Mining Machinery and Equipment Manufacturing industry.
Geographic Breakdown by U.S. State
Mining Machinery and Equipment Manufacturing 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 Mining Machinery and Equipment Manufacturing companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Mining Machinery and Equipment Manufacturing |
|---|---|---|
| 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" Mining Machinery and Equipment Manufacturing 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 | ||
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
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 Mining Machinery and Equipment Manufacturing industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|
|---|---|---|---|
Mining machinery and equipment manufacturing |
Included |
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Underground mining machinery (excluding parts sold separately) |
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Crushing, pulverizing, and screening machinery |
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Drills and other mining machinery (excl pts sold separately) |
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Mining machinery and equipment manufacturing, nsk, total |
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Mining machinery & equip mfg, nsk, nonadministrative-records |
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Mining machinery & equip mfg, nsk, administrative-records |
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Compensation and Salary Surveys
Salary information for employees working in the Mining Machinery and Equipment Manufacturing industry.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 7% |
Included |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Architecture and Engineering Occupations | 10% | |||
| Engineers | 7% | |||
| Office and Administrative Support Occupations | 10% | |||
| Production Occupations | 52% | |||
| Assemblers and Fabricators | 17% | |||
| Assemblers and Fabricators, All Other, Including Team Assemblers | 12% | |||
| Metal Workers and Plastic Workers | 26% | |||
| Machinists | 7% | |||
| Machinists | 7% | |||
| Welding, Soldering, and Brazing Workers | 6% | |||
| Welders, Cutters, Solderers, and Brazers | 6% | |||
| Other Production Occupations | 6% | |||
Government Contracts
The federal government spent an annual total of $4,468,473 on the Mining Machinery and Equipment Manufacturing industry. It has awarded 68 contracts to 39 companies, with an average value of $114,576 per company.Top Companies in Mining Machinery and Equipment Manufacturing and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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