Manufacturing Industry · Market Research Report

Manufacturing · Market Size and Industry Forecast

Pell Research's manufacturing 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)

Manufacturing 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 manufacturing 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.

Manufacturing · Geographic Breakdown by State

Market size by state is used to evaluate local opportunity and measure the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Use data by state to pinpoint profitable and nonprofitable locations for manufacturing companies in the U.S.

Manufacturing Revenue by State

Market Share by State

Manufacturing · Distribution by Company Size

Company Size All Industries Manufacturing
Small Business (< 5 employees)

Included

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

Manufacturing · Income Statement (Average Financial Metrics)

Pell Research analyzes financial statements to determine the industry average 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


Manufacturing · Financial Ratio Analysis

Financial ratios allow you to compare how a business is performing against 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

Manufacturing · Product Mix

Product Description Description Revenue
($ Millions)

Al insulated wire & cable, made in Al rolling & drawing plants

Included

Iron and steel mills

Coke oven and blast furnace products, made in steel mills

Coke oven prods., coke (exc. screenings/breeze), steel mills

Coke oven products, screenings and breeze, steel mills

Coke oven products, crude tar, made in steel mills

Coke oven products, crude light oil, made in steel mills

Blast furnace pig iron (exc. ferroalloys), steel mills

Blast furnace slag, excluding ferroalloys, steel mills

Coke oven and blast furnace products, steel mills, nsk


Manufacturing · Compensation and Salary Surveys

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

Included

Chief Executives 0%
General and Operations Managers 1%
Operations Specialties Managers 5%
Business and Financial Operations Occupations 6%
Business Operations Specialists 6%
Computer and Mathematical Occupations 6%
Computer Occupations 6%
Software Developers and Programmers 9%
Software Developers, Applications 11%
Software Developers, Systems Software 10%
Computer Support Specialists 5%
Architecture and Engineering Occupations 5%
Engineers 7%
Aerospace Engineers 5%
Aerospace Engineers 5%
Electrical and Electronics Engineers 6%
Electronics Engineers, Except Computer 5%
Drafters, Engineering Technicians, and Mapping Technicians 6%
Engineering Technicians, Except Drafters 5%
Sales and Related Occupations 5%
Office and Administrative Support Occupations 7%
Material Recording, Scheduling, Dispatching, and Distributing Workers 6%
Construction and Extraction Occupations 7%
Construction Trades Workers 6%
Installation, Maintenance, and Repair Occupations 10%
Other Installation, Maintenance, and Repair Occupations 8%
Industrial Machinery Installation, Repair, and Maintenance Workers 5%
Industrial Machinery Mechanics 6%
Production Occupations 58%
Supervisors of Production Workers 6%
First-Line Supervisors of Production and Operating Workers 6%
First-Line Supervisors of Production and Operating Workers 6%
Assemblers and Fabricators 10%
Aircraft Structure, Surfaces, Rigging, and Systems Assemblers 8%
Aircraft Structure, Surfaces, Rigging, and Systems Assemblers 8%
Electrical, Electronics, and Electromechanical Assemblers 11%
Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers 11%
Engine and Other Machine Assemblers 6%
Engine and Other Machine Assemblers 6%
Structural Metal Fabricators and Fitters 7%
Structural Metal Fabricators and Fitters 7%
Miscellaneous Assemblers and Fabricators 7%
Fiberglass Laminators and Fabricators 6%
Assemblers and Fabricators, All Other, Including Team Assemblers 7%
Metal Workers and Plastic Workers 40%
Computer Control Programmers and Operators 10%
Computer-Controlled Machine Tool Operators, Metal and Plastic 8%
Forming Machine Setters, Operators, and Tenders, Metal and Plastic 7%
Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic 7%
Rolling Machine Setters, Operators, and Tenders, Metal and Plastic 7%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic 8%
Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic 6%
Grinding, Lapping, Polishing, and Buffing Machine Tool Setters, Operators, and Tenders, Metal and Plastic 6%
Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic 6%
Machinists 9%
Machinists 9%
Metal Furnace Operators, Tenders, Pourers, and Casters 6%
Metal-Refining Furnace Operators and Tenders 5%
Molders and Molding Machine Setters, Operators, and Tenders, Metal and Plastic 7%
Foundry Mold and Coremakers 9%
Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic 10%
Tool and Die Makers 9%
Tool and Die Makers 9%
Welding, Soldering, and Brazing Workers 8%
Welders, Cutters, Solderers, and Brazers 7%
Welding, Soldering, and Brazing Machine Setters, Operators, and Tenders 5%
Miscellaneous Metal Workers and Plastic Workers 20%
Plating and Coating Machine Setters, Operators, and Tenders, Metal and Plastic 15%
Textile, Apparel, and Furnishings Workers 8%
Sewing Machine Operators 10%
Sewing Machine Operators 10%
Woodworkers 27%
Cabinetmakers and Bench Carpenters 18%
Cabinetmakers and Bench Carpenters 18%
Woodworking Machine Setters, Operators, and Tenders 7%
Woodworking Machine Setters, Operators, and Tenders, Except Sawing 5%
Other Production Occupations 11%
Inspectors, Testers, Sorters, Samplers, and Weighers 6%
Inspectors, Testers, Sorters, Samplers, and Weighers 6%
Jewelers and Precious Stone and Metal Workers 29%
Jewelers and Precious Stone and Metal Workers 29%
Medical, Dental, and Ophthalmic Laboratory Technicians 8%
Dental Laboratory Technicians 9%
Painting Workers 11%
Coating, Painting, and Spraying Machine Setters, Operators, and Tenders 11%
Semiconductor Processors 6%
Semiconductor Processors 6%
Miscellaneous Production Workers 8%
Transportation and Material Moving Occupations 8%
Material Moving Workers 7%
Laborers and Material Movers, Hand 6%

Manufacturing · Government Contracts

In 2008, the federal government spent a total of $140,666,537,332 on the manufacturing industry. It has awarded 550,663 contracts to 58,445 companies, with an average value of $2,406,819 per company.

Manufacturing and Adjacent Industries · Top Companies

Company Address Revenue
($ Millions)

Included





Manufacturing Industry Report
Geography United States  
Publication Date May 2019
Report Format PDF Download  
Price $999.99