Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing - Market Size, Financial Statistics, Industry Trends

Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing Market Size

This report includes historical and forecasted market sizes and industry trends for Motor Vehicle Steering and Suspension Components (except Spring) 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 Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing industry.

Historical Forecasted
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
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)

Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Industry Forecast ($ Billions)

Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing Industry Forecast
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030


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 Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing industry.

Geographic Breakdown by U.S. State

Motor Vehicle Steering and Suspension Components (except Spring) 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 Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing companies in the United States.

Industry Revenue by State [Sample]

Market Size by State

Distribution by Company Size

Company Size All Industries Motor Vehicle Steering and Suspension Components (except Spring) 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:
The report includes a traditional income statement from an "average" Motor Vehicle Steering and Suspension Components (except Spring) 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

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 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

Products and Services Mix

Product lines and services in the Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing industry accounting for the largest revenue sources.

Product Description Description Revenue
($ Millions)

Motor vehicle steering and suspension parts

Included

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


Compensation and Salary Surveys

Salary information for employees working in the Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing industry.

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 4%

Included

Chief Executives 0%
General and Operations Managers 1%
Architecture and Engineering Occupations 8%
Engineers 6%
Office and Administrative Support Occupations 6%
Installation, Maintenance, and Repair Occupations 6%
Production Occupations 65%
Assemblers and Fabricators 28%
Assemblers and Fabricators, All Other, Including Team Assemblers 23%
Metal Workers and Plastic Workers 23%
Other Production Occupations 8%
Transportation and Material Moving Occupations 5%

Government Contracts

The federal government spent an annual total of $1,245,363 on the Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing industry. It has awarded 86 contracts to 47 companies, with an average value of $26,497 per company.

Top Companies in Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing and Adjacent Industries

Company Address Revenue
($ Millions)

Included