Automobile Steering & Suspension Components Manufacturing Industry: Statistics, Forecasts, and Company Data
Automobile Steering & Suspension Components Manufacturing - Market Size and Industry Forecast
The 2023 Automobile Steering and Suspension Components Manufacturing Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the automobile steering & suspension components manufacturing industry.
| Historical | Forecasted |
|---|
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|
| Market Size (Total Revenue) | 
|
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial data.Industry Revenue ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Automobile Steering & Suspension Components Manufacturing - Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through 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 Automobile Steering & Suspension Components Manufacturing companies in the United States.
Automobile Steering & Suspension Components Manufacturing Revenue by State
Distribution by Company Size
| Company Size | All Industries | Automobile Steering & Suspension Components Manufacturing |
|---|
| Small Business (< 5 Employees) |
|
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Automobile Steering & Suspension Components Manufacturing - 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" company (both public and private companies included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue |
|
| 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
Automobile Steering & Suspension Components Manufacturing - Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios |
|
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Automobile Steering & Suspension Components Manufacturing - Product Mix
| Product Description | Description | Revenue
($ Millions) |
|---|
Motor vehicle steering and suspension parts |
|
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 |
Automobile Steering & Suspension Components Manufacturing - Compensation and Salary Surveys
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 4% |
|
| 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
In the past, the federal government spent an annual total of
$1,245,363 on the automobile steering & suspension components manufacturing industry. It has awarded 86 contracts to 47 companies, with an average value of $26,497 per company.
Automobile Steering & Suspension Components Manufacturing and Adjacent Industries - Top Companies
| Company | Address | Revenue
($ Millions) |
|---|
|
