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2018 Market Analysis & Industry Outlook: Apprenticeship Training

Overview: the U.S. Apprenticeship Training Industry

This section provides answers to key questions about the industry:

  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Apprenticeship Training: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Apprenticeship Training industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Occupational, Technical, And Trade; Professional Development; And Management Training Programs And Courses

Training Programs - Education (Include Training In Instructional Techniques And Professional Development For Educators.)

Training Programs - Other Occupational, Technical And Trade; Professional Development; And Management Training Programs And Cour

Contributions, Gifts, And Grants - Government

Contributions, Gifts, And Grants - Private

Investment Income, Including Interest And Dividends

Program Service Revenue Including Government Fees And Contracts

All Other Revenue

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Apprenticeship Training company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Apprenticeship Training industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Apprenticeship Training measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 7%

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Chief Executives0%
General and Operations Managers1%
Education, Training, and Library Occupations 66%
Postsecondary Teachers 53%
Health Teachers, Postsecondary 7%
Nursing Instructors and Teachers, Postsecondary 5%
Miscellaneous Postsecondary Teachers 37%
Vocational Education Teachers, Postsecondary 33%
Other Teachers and Instructors 8%
Office and Administrative Support Occupations 11%
Source: Bureau of Labor Statistics

Apprenticeship Training Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate

Top Innovators

CompanyInnovation Score

Additional companies, details and innovation scoring in the full report.

Latest Industry News

  • Hairdressing: long, hard road of an apprenticeship - unlike students at TAFEs and training colleges, apprenticeships are fully funded by government. Worryingly, the number of apprentices in Australia has collapsed, down from more than half a million in 2012 to fewer than 270,000 in 2017. Some of the ... (01/13/2018)
  • Emergency management apprenticeship program approved for FCC - Licensing and Regulation’s Apprenticeship and Training Program, which announced the approval. "The creation of this first-in-Maryland emergency management apprenticeship program will help fill these vital occupations by broadening our pool of qualified ... (01/13/2018)
  • UK – More than half of employers who pay the apprenticeship levy would prefer a training levy - More than half (53%) of employers who pay the apprenticeship levy want to see it replaced with a training levy, according to new research by the Chartered Institute of Personnel and Development. The research, which surveyed more than 1,000 employers, also ... (01/12/2018)
  • Service King Graduates 25 Apprentice Technicians From Growing Training Program - Service King Collision Repair Centers has announced 25 technicians have officially graduated from its growing Apprentice Development Program. The latest graduating class comes less than two months after Service King welcomed 42 technicians into the ... (01/12/2018)
  • Service King Graduates 25 Apprentice Technicians from Career-Training Program - Service King announced that 25 technicians have graduated from its Apprentice Development Program. The latest graduating class comes less than two months after Service King welcomed 42 technicians into the workforce in November, and just weeks after the ... (01/12/2018)
  • Education Committee to hear from research organisations on quality of apprenticeships and skills training - The Education Committee is to hear from the IPPR, Young Women’s Trust and Sutton Trust at the first oral evidence session of the inquiry in to the quality of apprenticeships and skills training. The three organisations have all undertaken research on how ... (01/12/2018)
  • Training Young People for Middle-Skill Jobs: New Guidelines Proposed - Most jobs require significant training after high school, studies show. The Role of Apprenticeships Echoing a policy priority of President Donald Trump, the committee's report makes a case for expanding apprenticeships. It says that the job-placement rate ... (01/11/2018)
  • The Administration and Congress Should Not Undermine Registered Apprenticeships - 5 The energy around apprenticeship programs—which combine paid on-the-job training and classroom instruction—is encouraging. But the devil is in the details. Creating 5 million apprenticeships is a tall order in a nation that currently has only roughly ... (01/11/2018)
  • Employers rebrand training as apprenticeships to access levy fund - Almost half (46%) of employers plan to repackage their existing training schemes as new apprenticeships in order to access their £15,000 training fund provided by the apprenticeship levy. A survey of more than 1,000 employers by the CIPD found that more ... (01/11/2018)
  • Truck driver training at community college now a Registered Apprenticeship - A new truck driver training and apprenticeship program being offered at St. Louis Community College has been officially recognized by the U.S. Department of Labor as a Registered Apprenticeship. The program was developed to address regional and national ... (01/06/2018)

Government Contracts

In 2016, the federal government spent a total of $68,651,885 on Apprenticeship Training. It has awarded 150 contracts to 52 companies, with an average value of $1,320,229 per company.   

Top government vendors:

CompanyFederal ContractsTotal Award Amount

Growth Opportunities / Competitive Threats

Companies in other industries may also sell similar products. Since there is an overlap in the customer base, there may be an opportunity for companies in Apprenticeship Training to sell additional products/services offered by these adjacent industries. Alternatively, these industries may identify further products in this industry to target. Products most at risk are those with the highest profit margins and lowest barriers to entry.

The following industries are competing channels for sales of similar products/services.

Occupational, Tech, & Trade; Prof Dev; & Mngmt Training Prog
Competing IndustrySales Relative to Apprenticeship TrainingOpportunity/Threat
Professional & Management Development Training
Vocational Schools & Occupational Training
Cosmetology & Barber Schools Competing industry
Flight Training Competing industry
Business & Secretarial Schools Competing industry

Sales from other industries of Occupational, Tech, & Trade; Prof Dev; & Mngmt Training Prog are less than those from Apprenticeship Training. This may mean that other channels are a competitive risk of increasing their Occupational, Tech, & Trade; Prof Dev; & Mngmt Training Prog sales, taking market share from this industry.
Occupational, Tech, & Trade; Prof Dev; & Mngmt Training Prog Product Sales Report

Training Programs & Courses - Education
Competing IndustrySales Relative to Apprenticeship TrainingOpportunity/Threat
Cosmetology & Barber Schools
Computer & IT Training & Certification
Flight Training Competing industry
Business & Secretarial Schools Competing industry
Vocational Schools & Occupational Training Competing industry

Sales from other industries of Training Programs & Courses - Education are less than those from Apprenticeship Training. This may mean that other channels are a competitive risk of increasing their Training Programs & Courses - Education sales, taking market share from this industry.
Training Programs & Courses - Education Product Sales Report

Basic Education & Personal Improvement Programs & Courses
Basic Education & Personal Improvement Programs & Courses Product Sales Report

Segments classified within this market research report

This industry market research report includes companies whose primary business is any of the following:
Craft union apprenticeship training programs, Trade union apprenticeship training programs, Apprenticeship training programs, Steam fitters' apprenticeship training, Carpenters' apprenticeship training, Plumbers' apprenticeship training, Sheet metal workers' apprenticeship training, Vocational apprenticeship training, Electricians' apprenticeship training, Mechanic's apprenticeship training, etc.

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