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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 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 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.

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[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.

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 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

Industry Total

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 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 of Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals by state

Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals Industry Price Trends

Rise 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.

price index trends

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 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 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 Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals 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 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 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 11%

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Chief Executives0%
General and Operations Managers2%
Business and Financial Operations Occupations 9%
Business Operations Specialists 6%
Computer and Mathematical Occupations 11%
Computer Occupations 11%
Software Developers and Programmers 8%
Architecture and Engineering Occupations 21%
Engineers 15%
Electrical and Electronics Engineers 6%
Drafters, Engineering Technicians, and Mapping Technicians 6%
Engineering Technicians, Except Drafters 5%
Office and Administrative Support Occupations 10%
Production Occupations 28%
Assemblers and Fabricators 17%
Electrical, Electronics, and Electromechanical Assemblers 11%
Electrical and Electronic Equipment Assemblers 9%
Miscellaneous Assemblers and Fabricators 6%
Source: Bureau of Labor Statistics

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.

CompanyAddressRevenue Estimate

Innovation News

  • Fluke trademarks "ONECAL" - Software as a service (SAAS) services featuring software for partial or full automation of calibration, maintenance, preventative maintenance, adjustment, and test processes of test and measurement apparatus; Software as a service (SAAS) services featuring software for data collection, analysis, and reporting on data from test and measurement apparatus and from calibration apparatus; Software as a service (SAAS) services featuring software for asset management of calibration and test and measurement apparatus; Software as a service (SAAS) services featuring software for creating, maintaining, accessing, modifying, searching, and reporting in and from searchable databases of information and data in the fields of calibration, maintenance, preventative maintenance, adjustment, test processes, and asset management of test and measurement apparatus; All the aforementioned software enabled for transmission of data to and from computers, mobile computing devices, mobile communications devices, and cloud-based software - 01/05/2018
  • Copper Mountain Technologies trademarks "EXTEND YOUR REACH" - component testing, measuring and calibration equipment; computer software used for component testing, measuring and calibrating equipment - 12/18/2017
  • Iriss trademarks "SONUS" - Ultrasound flaw detectors, not for medical purposes; Ultrasound inspection devices for non-medical, non-destructive testing; Computer programs for use in the operation of non-medical ultrasound detectors; Electronic ultrasound flaw detectors - 08/31/2017
  • Fluke patents Load Resistor Supports - 07/20/2017
  • SVXR patents Devices Processed Using X-rays - 07/13/2017
  • SVXR raises $2 million in funding. - 01/12/2017

  • Top Innovators

    CompanyInnovation Score
    International Test Solutions32
    Delta Design12
    Dranetz Technologies

    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 Contracts

    In 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:

    CompanyFederal ContractsTotal Award Amount

    Segments classified within this market research report

    This 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.

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