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
Purchase now for historical and forecasted market size
Over the past 3 years, the industry has grown at an annual rate of 3%
Purchase now for historical, annual and forecasted growth rates
There are 11,335 companies in the industry
Learn more about the historical and forecasted industry composition
SALES PER COMPANY
In 2018, the average sales per company was $28.9 million
Purchase now for historical and forecasted sales per company
INFLATION & PRICING
2019 forecasted inflation is 0.4%
Purchase now for historical industry inflation and the 5-year forecast
FINANCIAL RATIO BENCHMARKS
Companies average a Fixed Asset Turnover ratio of 2.4
Benchmark nine other important financial ratios
Employee productivity is $397,188
Purchase now for historical and forecasted employee productivity
2.8% of expenses are spent on health insurance
Benchmark against 24 other expense categories
In 2018, industry operating expenses grew 5.2%
Purchase now for historical and forecasted OPEX
In 2018, payroll per employee was $85,158
Get the full picture with historicals and the 2019 and 5-year forecasts
PAYROLL BY STATE
California averages $76,813 in payroll per employee
Purchase now for payroll stats on other states
JOB CATEGORIZATION BENCHMARKS
10.2% of employees in the industry are in management positions
Benchmark against 13 other job categories
JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $22.6
Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay ranges in 14 job categories
The above highlights represent a small fraction of what you will find in this report.
Purchase The 2019 Market Research Report on Computer and Electronic Product Manufacturing now to unlock the insight from one of the most trusted research firms.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook