The 2019 Electrical Equipment, Appliance, and Component 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 Electrical Equipment, Appliance, and Component Manufacturing subsector manufacture products that generate, distribute and use electrical power. Electric Lighting Equipment Manufacturing companies produce electric lamp bulbs, lighting fixtures, and parts. Household Appliance Manufacturing companies make both small and major electrical appliances and parts. Electrical Equipment Manufacturing companies make goods, such as electric motors, generators, transformers, and switchgear apparatus. Other Electrical Equipment and Component Manufacturing companies make devices for storing electrical power (e.g., batteries), for transmitting electricity (e.g., insulated wire), and wiring devices (e.g., electrical outlets, fuse boxes, and light switches).
Highlights from the 2019 Electrical Equipment, Appliance, and Component Manufacturing Market Research Report:
INDUSTRY SIZE & ATTRACTIVENESS
In 2018, industry sales were $143.3 billion
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Over the past 3 years, the industry has grown at an annual rate of 4.5%
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There are 5,186 companies in the industry
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SALES PER COMPANY
In 2018, the average sales per company was $27.6 million
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INFLATION & PRICING
2019 forecasted inflation is 2.6%
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FINANCIAL RATIO BENCHMARKS
Companies average a Fixed Asset Turnover ratio of 2.6
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Employee productivity is $391,413
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2.5% of expenses are spent on health insurance
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In 2018, industry operating expenses grew 8.8%
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In 2018, payroll per employee was $60,788
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PAYROLL BY STATE
California averages $58,667 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
7.4% 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 $20.5
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The above highlights represent a small fraction of what you will find in this report.
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