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2024 U.S. Industry Statistics & Market Forecast - Bolt, Nut, Screw, Rivet, and Washer Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Bolt, Nut, Screw, Rivet, and Washer Manufacturing:
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.
| Statistics | 2019 2020 2021 2022 2023 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|
| Market Forecast ($ millions) | ||||||
| Projected Industry Growth Rate (%) | ||||||
Industry Insights
The Bolt, Nut, Screw, Rivet & Washer Manufacturing industry is driven by various interrelated factors that influence its growth and profitability. One of the key trends affecting the industry is the increasing use of technology in the manufacturing process, which has enhanced efficiency and productivity. Technological advancements, such as automated machinery and 3D printing, have led to the production of high-quality products that meet the required standards.Another trend affecting the industry is the rising demand for environmentally friendly products. Environmental regulations have become more stringent, and manufacturers are being required to produce products that are eco-friendly. This has prompted the development of new materials that are sustainable and can be recycled, as well as the adoption of sustainable manufacturing practices.
The industry is also impacted by global economic trends, such as fluctuations in commodity prices, which affect the cost of raw materials used in production. The demand for products from emerging markets is driving growth, particularly in Asia, where manufacturing is increasingly being shifted due to cost efficiencies.
In addition, increasing competition in the industry is driving consolidation through mergers and acquisitions, as manufacturers seek to gain a competitive edge through economies of scale. This has led to a reduction in the number of players in the market, and an increase in the market share of larger players.
Finally, the industry is also impacted by the growing trend towards customization, as customers seek personalized products that meet their specific requirements. This has led to increased investment in research and development, as well as the adoption of flexible manufacturing processes that can cater to varying product specifications.
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.
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 Average | Percent of Sales (Industry Benchmark) | |
|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| 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 Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Bolt, Nut, Screw, Rivet, and Washer Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry 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 Bolt, Nut, Screw, Rivet, and Washer Manufacturing industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| 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). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Bolt, Nut, Screw, Rivet, and Washer Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry 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. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry 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. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| 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. |
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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.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 7% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 3% | |||
| Office and Administrative Support Occupations | 10% | |||
| Production Occupations | 65% | |||
| Metal Workers and Plastic Workers | 38% | |||
| Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic | 12% | |||
| Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic | 5% | |||
| Machinists | 16% | |||
| Machinists | 16% | |||
| Other Production Occupations | 18% | |||
| Inspectors, Testers, Sorters, Samplers, and Weighers | 6% | |||
| Inspectors, Testers, Sorters, Samplers, and Weighers | 6% | |||
| Computer Numerically Controlled Tool Operators and Programmers | 9% | |||
| Computer Numerically Controlled Tool Operators | 8% | |||
Bolt, Nut, Screw, Rivet, and Washer Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Bolt, Nut, Screw, Rivet, and Washer Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Bolt, Nut, Screw, Rivet, and Washer Manufacturing industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Bolt, Nut, Screw, Rivet, and Washer Manufacturing industry. |
Source:
Innovation News
- Aug 04, 2023: Kobert trademarks "TUFF GEAR" - Tool belts; Tool holders
- Jan 10, 2023: Kobert trademarks "DOTTIE MEGA-BOLT" - Metal fasteners
- Sep 06, 2022: Kobert trademarks "WALL TWISTER" - Metal fasteners
- Sep 24, 2020: Amanda Manufacturing patents High Strength Door Striker And Method For Making
- Dec 20, 2018: Amanda Manufacturing patents Vehicle Liftgate Striker And Latch Construction
Recent Federal Contracts for Bolt, Nut, Screw, Rivet, and Washer Manufacturing- Mar 12, 2024: MISCELLANEOUS FOREIGN AWARDEES (Washington, DC) awarded $13,146
- Mar 12, 2024: MISCELLANEOUS FOREIGN AWARDEES (Washington, DC) awarded $13,146
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