Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing - Market Size, Financial Statistics, Industry Trends
Industry Overview
This U.S. industry comprises establishments primarily engaged in manufacturing gears, speed changers, and industrial high-speed drives (except hydrostatic). Cross-References. Establishments primarily engaged in--Source: U.S. Census Bureau
Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing Market Size
This report includes historical and forecasted market sizes and industry trends for Speed Changer, Industrial High-Speed Drive, and Gear 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 Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing industry.| Historical | Forecasted | ||||||||||
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| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
| Market Size (Total Revenue) | Included in Report |
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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 Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing industry.
Geographic Breakdown by U.S. State
Speed Changer, Industrial High-Speed Drive, and Gear 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 Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Speed Changer, Industrial High-Speed Drive, and Gear 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" Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing company (both public and private companies are included).
| Industry Average | Percent of Sales | |
|---|---|---|
| Total Revenue | Included |
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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
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 Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
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|---|---|---|---|
Speed changer, drive, and gear manufacturing |
Included |
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Gears |
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Gears, pinions, racks, and worms, sold separately |
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Speed changers and industrial high-speed drives |
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Grd spd chngr/ind hs drives/gear mtrs/spd reducers/mech var/parts |
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Speed changer/industrial high-speed drive/gear mfg, nsk, total |
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Speed changer/ind. high-speed drive/gears, nsk, nonadmin. |
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Speed changer/ind. high-speed drive/gears, nsk, admin-records |
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Compensation and Salary Surveys
Salary information for employees working in the Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing industry.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 6% |
Included |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 1% | |||
| Business and Financial Operations Occupations | 5% | |||
| Architecture and Engineering Occupations | 13% | |||
| Engineers | 10% | |||
| Office and Administrative Support Occupations | 9% | |||
| Installation, Maintenance, and Repair Occupations | 5% | |||
| Production Occupations | 53% | |||
| Assemblers and Fabricators | 20% | |||
| Engine and Other Machine Assemblers | 6% | |||
| Engine and Other Machine Assemblers | 6% | |||
| Miscellaneous Assemblers and Fabricators | 13% | |||
| Assemblers and Fabricators, All Other, Including Team Assemblers | 12% | |||
| Metal Workers and Plastic Workers | 23% | |||
| Machinists | 11% | |||
| Machinists | 11% | |||
| Other Production Occupations | 6% | |||
Government Contracts
The federal government spent an annual total of $98,925,779 on the Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing industry. It has awarded 473 contracts to 189 companies, with an average value of $523,417 per company.Top Companies in Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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