Iron & Steel Forging Industry - Market Research, Statistics, and Financial Data

Iron & Steel Forging - Market Size and Industry Forecast

This Iron and Steel Forging report analyzes current industry size and predicts future trends. It provides overall industry revenue from 2014 through the present, and predicts industry growth and decline through 2024. Total revenue includes both public and private companies.

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Market Size (Total Revenue)

Included

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

Industry Revenue ($ Billions)

Iron & Steel Forging Industry Revenue
  • 2014
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020


Historical market size and five-year projections show growth trends in industry sales and revenue. This economic model is based on short- and long-term trends. The industry size is determined by total revenue generated within the industry from all products and services sold. Growth and decline in the industry shows total opportunity for companies. The iron & steel forging research report reveals both the historical trends and five-year forecast, calculated by Pell Research's econometric models. Market share, measured in billions of dollars, includes both public and private companies. Use this information to identify industry trends and predict future growth patterns.

Iron & Steel Forging - Geographic Breakdown by U.S. State

Market size by state evaluates local opportunity and measures 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 iron & steel forging companies in the United States.

Iron & Steel Forging Revenue by State

Market Share by State

Iron & Steel Forging - Distribution by Company Size

Company Size All Industries Iron & Steel Forging
Small Business (< 5 Employees)

Included

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

Iron & Steel Forging - 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 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


Iron & Steel Forging - 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

Iron & Steel Forging · Product Mix

Product Description Description Revenue
($ Millions)

Iron and steel forging

Included

Hot impression die impact, press, and upset steel forgings

Hot impression die impact/press/upset carbon steel forgings

Hot impression die impact, press, & upset alloy steel forgings

Hot impression die impact/press/upset stainless steel forgings

Hot impression die impact/press/upset hi-temp steel forgings

Cold impression die impact, press, and upset steel forgings

Seamless rolled ring forgings, ferrous, purchased iron & steel

Seamless carbon/alloy steel rolled ring forg., purch. iron/steel

Seamless stain. steel/hi-temp roll. ring forg., purch. iron/steel


Iron & Steel Forging - Compensation and Salary Surveys

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 5%

Included

Chief Executives 0%
General and Operations Managers 2%
Office and Administrative Support Occupations 10%
Production Occupations 61%
Assemblers and Fabricators 10%
Miscellaneous Assemblers and Fabricators 7%
Assemblers and Fabricators, All Other, Including Team Assemblers 7%
Metal Workers and Plastic Workers 37%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic 8%
Machinists 9%
Machinists 9%
Welding, Soldering, and Brazing Workers 8%
Welders, Cutters, Solderers, and Brazers 7%
Other Production Occupations 10%
Transportation and Material Moving Occupations 5%

Iron & Steel Forging - Government Contracts

In 2008, the federal government spent a total of $22,066,539 on the iron & steel forging industry. It has awarded 262 contracts to 59 companies, with an average value of $374,009 per company.

Iron & Steel Forging and Adjacent Industries · Top Companies

Company Address Revenue
($ Millions)

Included





Iron & Steel Forging Industry Report
Geography United States  
Publication Date July 2019
Report Format PDF Download  
Price $1,000.00

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