The 2019 Foundries 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.
This industry group includes companies primarily engaged in pouring molten metal into molds or dies to form castings. companies making castings and further manufacturing, such as machining or assembling, a specific manufactured product are classified in the industry of the finished product. Foundries may perform operations, such as cleaning and deburring, on the castings they manufacture. More involved processes, such as tapping, threading, milling, or machining to tight tolerances, that transform castings into more finished products are classified elsewhere in the manufacturing sector based on the product being made.
Highlights from the 2019 Foundries Market Research Report:
INDUSTRY SIZE & ATTRACTIVENESS
In 2018, industry sales were $35.5 billion
Purchase now for historical and forecasted market size
Over the past 3 years, the industry has grown at an annual rate of 3.2%
Purchase now for historical, annual and forecasted growth rates
There are 1,592 companies in the industry
Learn more about the historical and forecasted industry composition
SALES PER COMPANY
In 2018, the average sales per company was $22.3 million
Purchase now for historical and forecasted sales per company
INFLATION & PRICING
2019 forecasted inflation is 1.7%
Purchase now for historical industry inflation and the 5-year forecast
FINANCIAL RATIO BENCHMARKS
Companies average a Fixed Asset Turnover ratio of 2.2
Benchmark nine other important financial ratios
Employee productivity is $275,113
Purchase now for historical and forecasted employee productivity
3.6% of expenses are spent on health insurance
Benchmark against 24 other expense categories
In 2018, industry operating expenses grew 9.6%
Purchase now for historical and forecasted OPEX
In 2018, payroll per employee was $53,073
Get the full picture with historicals and the 2019 and 5-year forecasts
PAYROLL BY STATE
California averages $37,792 in payroll per employee
Purchase now for payroll stats on other states
JOB CATEGORIZATION BENCHMARKS
4% 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 $20.38
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 Foundries 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