Computer and Electronic Product Manufacturing - The 2019 U.S. Market Research Report

The 2019 Computer and Electronic Product Manufacturing Market Research Report is an in-depth evaluation of the industry in the United States.

The report is based on extensive and comprehensive business surveys. This report is utilized for a range of strategic purposes, including benchmarking, due diligence, cost cutting, planning, evaluating opportunities, forecasting, streamlining, and gap analysis. The report includes over 100 insightful data sets, such historical and forecasted industry sales, operating expense details, product line breakdown, financial ratios, benchmarks, wages, profitability, organizational analysis, revenue per employee, state statistics, price inflation, consolidation analysis, firm dynamics, pay ranges for different roles, firm size data, employment, and much more.

Industries in the Computer and Electronic Product Manufacturing subsector group companies that manufacture computers, computer peripherals, communications equipment, and similar electronic products, and companies that manufacture components for such products. The Computer and Electronic Product Manufacturing industries have been combined in the hierarchy of NAICS because of the economic significance they have attained. Their rapid growth suggests that they will become even more important to the economies of all three North American countries in the future, and in addition their manufacturing processes are fundamentally different from the manufacturing processes of other machinery and equipment. The design and use of integrated circuits and the application of highly specialized miniaturization technologies are common elements in the production technologies of the computer and electronic subsector. Convergence of technology motivates this NAICS subsector. Digitalization of sound recording, for example, causes both the medium (the compact disc) and the equipment to resemble the technologies for recording, storing, transmitting, and manipulating data. Communications technology and equipment have been converging with computer technology. When technologically-related components are in the same sector, it makes it easier to adjust the classification for future changes, without needing to redefine its basic structure. The creation of the Computer and Electronic Product Manufacturing subsector will assist in delineating new and emerging industries because the activities that will serve as the probable sources of new industries, such as computer manufacturing and communications equipment manufacturing, or computers and audio equipment are brought together. As new activities emerge, they are less likely therefore, to cross the subsector boundaries of the classification. 

Highlights from the 2019 Computer and Electronic Product Manufacturing Market Research Report:

INDUSTRY SIZE & ATTRACTIVENESS

In 2018, industry sales were $327.2 billion
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INDUSTRY GROWTH

Over the past 3 years, the industry has grown at an annual rate of 3%
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COMPANY GROWTH

There are 11,335 companies in the industry
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SALES PER COMPANY

In 2018, the average sales per company was $28.9 million
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INFLATION & PRICING

2019 forecasted inflation is 0.4%
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FINANCIAL RATIO BENCHMARKS

Companies average a Fixed Asset Turnover ratio of 2.4
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RIGHTSIZING ANALYSIS

Employee productivity is $397,188
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EXPENSE BENCHMARKING

2.8% of expenses are spent on health insurance
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OPERATING EXPENSES

In 2018, industry operating expenses grew 5.2%
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PAYROLL

In 2018, payroll per employee was $85,158
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PAYROLL BY STATE

California averages $76,813 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS

10.2% of employees in the industry are in management positions
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JOB CATEGORIZATION PAY RANGES

The average industry hourly pay for office and administrative jobs is $22.6
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The above highlights represent a small fraction of what you will find in this report.

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