Machine Tool Manufacturing - 2021 U.S. Industry Market Research Report with COVID-19 Updates & Forecasts
The 2021 Machine Tool Manufacturing Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2012-2025. This report includes updated data and forecasts due to the economic impact of COVID-19.
This Kentley Insights report includes historical and forecasted industry size, growth, product line breakdown, profitability, financial ratios, plant utilization, BCG matrix, statistics by state, operating expense details, cost of materials and inventory, organizational breakdown, consolidation analysis, employee productivity, inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, facilities, employees, payroll, and much more.
This U.S. industry includes companies primarily engaged in (1) manufacturing metal cutting machine tools (except handtools) and/or (2) manufacturing metal forming machine tools (except handtools), such as punching, sheering, bending, forming, pressing, forging and die-casting machines.
This 37-page report is based on extensive business surveys filled out by companies in the industry. Analysts create the forecasts utilizing historical data, macroeconomic trends, industry dynamics, and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, valuations, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
Review the table of contents to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.
Below are a few of the hundreds of stats from the 2021 Machine Tool Manufacturing Market Research Report:
In 2019, industry sales were $8.3 billion
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Over the past 3 years, the industry has grown at an annual rate of 5.3%
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There are 935 companies in the industry
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SALES PER COMPANY
In 2019, the average sales per company was $9.0 million
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PPI & PRICING
2021 forecasted PPI is 0.6%
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FINANCIAL RATIO BENCHMARKS
Companies average a Fixed Asset Turnover ratio of 2
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In 2019, employee productivity was $316,019
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3.1% of expenses are spent on health insurance
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In 2019, industry operating expenses declined -1.7%
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In 2019, payroll per employee was $64,508
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PAYROLL BY STATE
California averages $72,269 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
6.1% 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 $19.9
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The above highlights represent a small fraction of what you will find in this report.
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