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|Current State of the Industry|
|Market Size (industry trends)|
|Market Forecast (5-year projection)|
|Revenue per State|
|Salary & Compensation Statistics|
|Public Company Information|
|Key Private Companies|
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2018 Market Analysis & Industry Outlook: Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals
Overview of the U.S. Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals IndustryThis section provides answers to key questions about the industry:
- What is the total market size (industry revenue)?
- What is the industry outlook?
- Market Analysis: Is the market growing or declining, and how quickly?
- Are long-term forecasts positive or negative?
- What is the average company size in the industry?
- How many companies are in the industry?
Market Size & Industry StatisticsThe total U.S. industry market size for Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals: 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||2012 2013 2014 2015 2016 2017|
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|Average Revenue Per Firm|
|Average Employees Per Firm|
Market Forecast[PREMIUM]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.
|Forecast / Industry Outlook||2017||2018||2019||2020||2021||2022|
|Market Forecast ($ millions)|
|Projected Industry Growth Rate (%)|
Product & Services BreakdownResearch products and services in the Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals industry generating sales. Note that products are broken into categories with different levels of classification.
|Product Description||Sales ($ millions)||Percent of Total Sales|
Instruments And Related Products Manufacturing For Measuring, Displaying, And Controlling Industrial Process Variables
Process Control Instruments
Instrument Manufacturing For Measuring And Testing Electricity And Electrical Signals
Electrical Integrating Instruments
Test Equipment For Testing Electrical, Radio, And Communication Circuits, And Motors (Excluding Portable Instrument Transformers
Other Instruments To Measure Electricity
Instrument Manufacturing For Measuring And Testing Electricity And Electrical Signals, Not Categorized, Total
Other Measuring And Controlling Device Manufacturing
Commercial, Geophysical, Meteorological, And General-Purpose Instruments And Equipment (Excluding Medical Thermometers)
Total Miscellaneous Receipts
Resales - Sales Of Products Bought And Sold Without Further Manufacture, Processing, Or Assembly
Miscellaneous Receipts, Including Receipts For Repair Work, Sales Of Scrap And Refuse.
U.S. Geographic Distribution: Revenue Statistics by StateMarket 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.
Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals Industry Price TrendsRise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Higher demand or COGS will put upward price pressure on prices. Higher competition among Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals companies will put a downward pressure on prices. The chart shows how prices are changing within the industry, month-to-month over the last three years.
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|
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|Cost of Goods Sold|
|Pension, profit sharing plans, stock, annuity|
|Rent paid on business property|
|Domestic production activities deduction|
|Compensation of officers|
|Salaries and wages|
|Employee benefit programs|
|Taxes and Licenses|
|Other Operating Expenses|
|Total Operating Expenses|
|EBIT (Earnings Before Interest and Taxes)|
|Earnings Before Taxes|
Financial Ratio AnalysisFinancial ratio information can be used to benchmark how a Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals 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 Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals industry is performing.|
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 Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.
|Liquidity Ratios||Industry Average|
|Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.|
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 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.
|Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
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 EmployeesCompensation 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|
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|General and Operations Managers||2%|
|Business and Financial Operations Occupations||9%|
|Business Operations Specialists||6%|
|Computer and Mathematical Occupations||11%|
|Software Developers and Programmers||8%|
|Architecture and Engineering Occupations||21%|
|Electrical and Electronics Engineers||6%|
|Drafters, Engineering Technicians, and Mapping Technicians||6%|
|Engineering Technicians, Except Drafters||5%|
|Office and Administrative Support Occupations||10%|
|Assemblers and Fabricators||17%|
|Electrical, Electronics, and Electromechanical Assemblers||11%|
|Electrical and Electronic Equipment Assemblers||9%|
|Miscellaneous Assemblers and Fabricators||6%|
Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals Industry Market Share [PREMIUM]Largest companies in the industry and related industries, with private company revenue estimates.
|International Test Solutions||32|
Additional companies, details and innovation scoring in the full report.
Latest Industry News
- Test and Measurement Equipment Market Growth Steady at 3.55% CAGR to 2023 | ReportsnReports - The major players in the test and measurement equipment market include Fortive (US), Rohde & Schwarz (Germany), Anritsu (Japan), Keysight (US), Yokogawa Electric (Japan), National Instruments ... products, and manufacturing capabilities of the leading ... (11/30/2017)
- Electric Boat 'Hiring Frenzy' Gives Economic Boost To Southeastern Connecticut - The din of grinding, drilling and pounding signals the front edge of a ... state officials are welcoming a manufacturing trifecta expected in the coming years: submarine construction at Electric Boat, a ramp-up at Lockheed Martin Corp.'s Sikorsky to ... (07/16/2017)
- The body, electric: Rosalind Picard lectures on wearable technology - Worn over the wrist or ankle, the sleek bio-monitoring instrument ... signals unleashed as we experience fear, anxiety, excitement, and arousal. (Empatica also makes the E4, a supercharged version of Embrace with advanced sensors for clinical use ... (08/26/2016)
- Products in the News - Â Tektronix, Inc., a leading, worldwide provider of test, measurement and monitoring instrumentation, announced the company will feature the industry's most extensive and advanced set of RF and Microwave signal generation and analysis solutions at the ... (06/07/2013)
- Instrumentation Engineering - Selection will be on the basis of the score in the Graduate Aptitude Test in Engineering (GATE). Instrumentation Engineering is a specialised branch of Electrical ... and maintain measuring and control devices and systems found in manufacturing plants ... (04/08/2013)
- Increasing the signal-to-noise ratio to get a lock on quantum signals - In the ideal case, you want a really sensitive measuring ... to retrieve the actual signal. To test this, they tuned their lock-in right through the noisiest place in the spectrum: the 50Hz line, where the stray fields from the electrical mains are the ... (06/09/2011)
- Research and Markets: Updated Report on the Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals Industry in the U.S. [2010 Edition] - LLC's new report "Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals Industry in the U.S. and its International Trade [2010 Edition]" to their offering. Definition & Classification This U.S. industry comprises ... (06/17/2010)
Government ContractsIn 2016, the federal government spent a total of $343,743,751 on Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals. It has awarded 4,978 contracts to 899 companies, with an average value of $382,362 per company.
Top government vendors:
|Company||Federal Contracts||Total Award Amount|
Segments classified within this market research reportThis industry market research report includes companies whose primary business is any of the following:
Bridges, electrical (e.g., Kelvin, megohm, vacuum tube, Wheatstone), manufacturing, Instruments for measuring electrical quantities manufacturing, Analyzers for testing electrical characteristics manufacturing, Electronic test equipment for testing electrical characteristics manufacturing, Function generators manufacturing, Phase angle meters manufacturing, Oscilloscopes manufacturing, Oscillators (e.g., instrument type audiofrequency and radiofrequency) manufacturing, Laboratory standards testing instruments (e.g., capacitance, electrical resistance, inductance) manufacturing, Power measuring equipment, electrical, Recorders, oscillographic, Meters, electrical (i.e., graphic recording, panelboard, pocket, portable), Portable test meters manufacturing, Automotive electrical engine diagnostic equipment manufacturing, Watt-hour meters, electric, Spark plug testing instruments, Test equipment for electronic and electrical circuits and equipment manufacturing, Galvanometers (except geophysical) manufacturing, Ampere-hour meters manufacturing, Pulse (i.e., signal) generators manufacturing, Measuring equipment for electronic and electrical circuits and equipment manufacturing, Wheatstone bridges (i.e., electrical measuring instruments) manufacturing, Audiometers (except medical) manufacturing, Sweep oscillators manufacturing, Voltmeters manufacturing, Synchroscopes manufacturing, Alternator and generator testers manufacturing, X-Y recorders (i.e., plotters (except computer peripheral equipment)) manufacturing, Standing wave ratio measuring equipment manufacturing, Sweep generators manufacturing, Potentiometric instruments (except industrial process-type) manufacturing, Frequency synthesizers manufacturing, Integrating electricity meters manufacturing, Signal generators and averagers manufacturing, Spectrum analyzers manufacturing, Power factor meters manufacturing, Diode and transistor testers manufacturing, Stroboscopes manufacturing, Elapsed time meters, electronic, Wattmeters manufacturing, Demand meters, Current measuring equipment manufacturing, Watt-hour and demand meters, combined, Ignition testing instruments manufacturing, Electron tube test equipment manufacturing, Circuit testers manufacturing, Electricity and electrical signal testing equipment manufacturing, Distortion meters and analyzers manufacturing, Radiofrequency measuring equipment manufacturing, Kelvin bridges (i.e., Tachometer generators manufacturing, Decade boxes (i.e., inductance, resistance) manufacturing, Graphic recording meters, Relays (except electrical, electronic), instrument, Energy measuring equipment, Frequency meters (e.g., mechanical) manufacturing, Radar testing instruments, Electrical network analyzers manufacturing, Communications signal testing equipment, Integrated-circuit testers manufacturing, power factor and phase angle, Audiofrequency oscillators manufacturing, Digital panel meters, electricity measuring, Logic circuit testers manufacturing, Standards and calibration equipment for electrical measuring manufacturing, Electrical power measuring equipment manufacturing, Watt-hour and time switch meters, Resistance measuring equipment manufacturing, Instrument shunts manufacturing, Electricity and electrical signal measuring instruments manufacturing, Ohmmeters manufacturing, Semiconductor test equipment manufacturing, Battery testers, Field strength and intensity measuring equipment, Indicating instruments, Digital test equipment (e.g., electronic and electrical circuits and equipment testing) manufacturing, Impedance measuring equipment manufacturing, Waveform measuring and/or analyzing equipment manufacturing, Test sets, ignition harness, Internal combustion engine analyzers (i.e., testing electrical characteristics) manufacturing, Measuring instruments and meters, Multimeters manufacturing, Instruments, electric (i.e., testing electrical characteristics), Radiofrequency oscillators manufacturing, Microwave test equipment manufacturing, Shunts, etc.