Measuring and Testing Electrical Systems Instrument Manufacturing - 2023 U.S. Market Research Report with Updated Recession Forecasts

Measuring and Testing Electrical Systems Instrument Manufacturing - 2023 U.S. Market Research Report with Updated Recession Forecasts
The 2023 Measuring and Testing Electrical Systems Instrument 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 2014-2027.

This 63-page Kentley Insights report is packed with insightful data sets and forecasts to give you a comprehensive understanding of the industry including historical and forecasted industry size, growth, product line breakdown, profitability, financial ratios, 31 balance sheet benchmarks, inventory statistics, extensive industry segmentation by concentration, business size, and business structure, market share of top 50 company segments, market size and other statistics by state, plant utilization, BCG matrix, operating expense details on 26 categories, production material cost detail, 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 report is based on extensive business surveys filled out by companies in the industry. Our 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 depend on for their market research needs.

This U.S. industry includes companies primarily engaged in manufacturing instruments for measuring and testing the characteristics of electricity and electrical signals. Examples of products made by these companies are circuit and continuity testers, volt meters, ohm meters, wattmeters, multimeters, and semiconductor test equipment.

Below are a few of the thousands of stats from the 2023 Measuring and Testing Electrical Systems Instrument Manufacturing Market Research Report:

INDUSTRY SIZE

In 2022, industry sales were $11.7 billion
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INDUSTRY GROWTH

Over the past 3 years, the industry has declined at an annual rate of -1.9%
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COMPANY GROWTH

There are 690 companies in the industry
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SALES PER FACILITY

In 2022, the average sales per facility was $15.9 million
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PPI & PRICING

2022 PPI growth was 3.5%
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FINANCIAL RATIO BENCHMARKS

Companies average a Fixed Asset Turnover ratio of 3.7Benchmark nine other important financial ratios

PRODUCTIVITY ANALYSIS

In 2022, employee productivity was $392,007
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EXPENSE BENCHMARKING

3.5% of expenses are spent on health insurance
Benchmark against 24 other expense categories

OPERATING EXPENSES

In 2022, industry operating expenses grew 6.4%
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PAYROLL

In 2022, payroll per employee was $99,036
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JOB CATEGORIZATION BENCHMARKS

11.4% 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 $27.07
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 63-page 2023 U.S. Market Research Report on Measuring and Testing Electrical Systems Instrument Manufacturing now to unlock the insight from one of the most trusted research firms.

NAICS Code:334515