Turbine and Turbine Generator Set Units Manufacturing - Market Size, Financial Statistics, Industry Trends

Industry Overview

This U.S. industry comprises establishments primarily engaged in manufacturing turbines (except aircraft); and complete turbine generator set units, such as steam, hydraulic, gas, and wind. Cross-References. Establishments primarily engaged in--
Source: U.S. Census Bureau

Turbine and Turbine Generator Set Units Manufacturing Market Size

This report includes historical and forecasted market sizes and industry trends for Turbine and Turbine Generator Set Units 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 Turbine and Turbine Generator Set Units Manufacturing industry.

Historical Forecasted
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Market Size (Total Revenue)

Included in Report

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

Industry Revenue ($ Billions)

Turbine and Turbine Generator Set Units Manufacturing Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Industry Forecast ($ Billions)

Turbine and Turbine Generator Set Units Manufacturing Industry Forecast
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030


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 Turbine and Turbine Generator Set Units Manufacturing industry.

Geographic Breakdown by U.S. State

Turbine and Turbine Generator Set Units 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 Turbine and Turbine Generator Set Units Manufacturing companies in the United States.

Industry Revenue by State [Sample]

Market Size by State

Distribution by Company Size

Company Size All Industries Turbine and Turbine Generator Set Units 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:
The report includes a traditional income statement from an "average" Turbine and Turbine Generator Set Units Manufacturing 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

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 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

Products and Services Mix

Product lines and services in the Turbine and Turbine Generator Set Units Manufacturing industry accounting for the largest revenue sources.

Product Description Description Revenue
($ Millions)

Turbine and turbine generator set units mfg.

Included

Turbines/turbine generators/turbine generator sets (incl. parts)

Turbine generator sets

Steam turbines and other vapor turbines

Other turbines and turbine generators

Gas turbines, excluding aircraft (all sizes)

Accessories, turbines/turbine generators/turbine generator sets

Parts and accessories for turb., turb. gen., and gen. sets

Turbines, turbine generators and sets (incl. parts), nsk, total

Turbines, turbine generators and sets, nsk, nonadmin-records


Compensation and Salary Surveys

Salary information for employees working in the Turbine and Turbine Generator Set Units Manufacturing industry.

TitlePercent 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 $91,178,709 on the Turbine and Turbine Generator Set Units Manufacturing industry. It has awarded 602 contracts to 133 companies, with an average value of $685,554 per company.

Top Companies in Turbine and Turbine Generator Set Units Manufacturing and Adjacent Industries

Company Address Revenue
($ Millions)

Included