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 BureauTurbine 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)
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 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]
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:
- 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" 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
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 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 |
Salary information for employees working in the Turbine and Turbine Generator Set Units 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
$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 |
