Steel Wire Drawing - Market Size, Financial Statistics, Industry Trends
Industry Overview
This U.S. industry comprises establishments primarily engaged in drawing wire from purchased steel. Cross-References. Establishments primarily engaged in--Source: U.S. Census Bureau
Steel Wire Drawing Market Size
This report includes historical and forecasted market sizes and industry trends for Steel Wire Drawing. 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 Steel Wire Drawing 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 Steel Wire Drawing industry.
Geographic Breakdown by U.S. State
Steel Wire Drawing 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 Steel Wire Drawing companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Steel Wire Drawing |
|---|---|---|
| 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" Steel Wire Drawing 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 Steel Wire Drawing industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|
|---|---|---|---|
Steel wire drawing |
Included |
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Noninsulated ferr. wire rope/cable/assemblies, wire drawing |
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Noninsulated ferrous wire forms & strand, wire drawing plants |
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Noninsulated ferrous wire rope//etc., wire drawing plants, nsk |
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Steel nails/staples/tacks/spikes/brads, wire drawing plants |
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Steel nails made in plants that draw wire |
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Steel staples, tacks, spikes, and brads, wire drawing plants |
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Steel nails, staples, tacks, etc., wire drawing plants, nsk |
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Steel wire, incl. galvanized/other coated, wire drawing plants |
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Steel fencing and fence gates, made in plants that draw wire |
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Compensation and Salary Surveys
Salary information for employees working in the Steel Wire Drawing industry.| Title | Percent 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 | 9% | |||
| Installation, Maintenance, and Repair Occupations | 8% | |||
| Other Installation, Maintenance, and Repair Occupations | 7% | |||
| Production Occupations | 56% | |||
| Metal Workers and Plastic Workers | 40% | |||
| Forming Machine Setters, Operators, and Tenders, Metal and Plastic | 13% | |||
| Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic | 7% | |||
| Rolling Machine Setters, Operators, and Tenders, Metal and Plastic | 5% | |||
| Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic | 11% | |||
| Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic | 6% | |||
| Other Production Occupations | 9% | |||
| Transportation and Material Moving Occupations | 11% | |||
| Material Moving Workers | 10% | |||
| Laborers and Material Movers, Hand | 6% | |||
Government Contracts
The federal government spent an annual total of $3,578,331 on the Steel Wire Drawing industry. It has awarded 134 contracts to 71 companies, with an average value of $50,399 per company.Top Companies in Steel Wire Drawing and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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