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2018 Market Analysis & Industry Outlook: Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals
Overview: the U.S. Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals Industry
This 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 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.

Statistics | 2012 2013 2014 2015 2016 2017 | |
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Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm |
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.

Forecast / Industry Outlook | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
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Market Forecast ($ millions) | ||||||
Projected Industry Growth Rate (%) |
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 | |
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Industry Total |
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Instruments And Related Products Manufacturing For Measuring, Displaying, And Controlling Industrial Process Variables |
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Process Control Instruments |
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Instrument Manufacturing For Measuring And Testing Electricity And Electrical Signals |
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Electrical Integrating Instruments |
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Test Equipment For Testing Electrical, Radio, And Communication Circuits, And Motors (Excluding Portable Instrument Transformers |
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Other Instruments To Measure Electricity |
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Instrument Manufacturing For Measuring And Testing Electricity And Electrical Signals, Not Categorized, Total |
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Other Measuring And Controlling Device Manufacturing |
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Commercial, Geophysical, Meteorological, And General-Purpose Instruments And Equipment (Excluding Medical Thermometers) |
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Total Miscellaneous Receipts |
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Resales - Sales Of Products Bought And Sold Without Further Manufacture, Processing, Or Assembly |
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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.
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.
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 |
|
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 | ||
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 Ratios | Industry Average |
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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. |
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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 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 |
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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. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
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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. |
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 | 11% | Order at top of page |
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Chief Executives | 0% | |||
General and Operations Managers | 2% | |||
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% |
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.Company | Address | Revenue Estimate |
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Innovation News
Top Innovators
Company | Innovation Score |
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Copper Mountain Technologies | 5 |
SVXR | 2 |
Iriss |
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:
Company | Federal Contracts | Total Award Amount |
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Segments classified within this market research report
This industry market research report includes companies whose primary business is any of the following:Ampere-hour meters manufacturing, Synchroscopes manufacturing, Electron tube test equipment manufacturing, Spectrum analyzers manufacturing, Diode and transistor testers manufacturing, Integrated-circuit testers manufacturing, Multimeters manufacturing, Watt-hour meters, electric, manufacturing, Alternator and generator testers manufacturing, Pulse (i.e., signal) generators manufacturing, Indicating instruments, Measuring equipment for electronic and electrical circuits and equipment manufacturing, Resistance measuring equipment manufacturing, Semiconductor test equipment manufacturing, Recorders, oscillographic, Instruments, electric (i.e., testing electrical characteristics), Tachometer generators manufacturing, Demand meters, Oscillators (e.g., instrument type audiofrequency and radiofrequency) manufacturing, Internal combustion engine analyzers (i.e., testing electrical characteristics) manufacturing, Stroboscopes manufacturing, Kelvin bridges (i.e., electrical measuring instruments) manufacturing, Electrical network analyzers manufacturing, Test sets, ignition harness, Field strength and intensity measuring equipment, electrical, Communications signal testing equipment, Wheatstone bridges (i.e., Watt-hour and demand meters, combined, Graphic recording meters, Radar testing instruments, Power measuring equipment, Energy measuring equipment, Shunts, instrument, Digital panel meters, electricity measuring, Circuit testers manufacturing, Meters, power factor and phase angle, Digital test equipment (e.g., electronic and electrical circuits and equipment testing) manufacturing, Microwave test equipment manufacturing, Battery testers, Current measuring equipment manufacturing, Standards and calibration equipment for electrical measuring manufacturing, Phase angle meters manufacturing, Relays (except electrical, electronic), Spark plug testing instruments, Signal generators and averagers manufacturing, Frequency meters (e.g., electronic, mechanical) manufacturing, Decade boxes (i.e., capacitance, inductance, resistance) manufacturing, Electricity and electrical signal measuring instruments manufacturing, electrical (i.e., graphic recording, panelboard, pocket, portable), Standing wave ratio measuring equipment manufacturing, Radiofrequency measuring equipment manufacturing, Bridges, electrical (e.g., Kelvin, megohm, vacuum tube, Wheatstone), Impedance measuring equipment manufacturing, Audiometers (except medical) manufacturing, Sweep oscillators manufacturing, Galvanometers (except geophysical) manufacturing, Logic circuit testers manufacturing, Automotive electrical engine diagnostic equipment manufacturing, Oscilloscopes manufacturing, Voltmeters manufacturing, Integrating electricity meters manufacturing, Portable test meters manufacturing, Sweep generators manufacturing, Electrical power measuring equipment manufacturing, Laboratory standards testing instruments (e.g., electrical resistance, inductance) manufacturing, Frequency synthesizers manufacturing, Electricity and electrical signal testing equipment manufacturing, Analyzers for testing electrical characteristics manufacturing, Audiofrequency oscillators manufacturing, Radiofrequency oscillators manufacturing, Potentiometric instruments (except industrial process-type) manufacturing, Measuring instruments and meters, Distortion meters and analyzers manufacturing, Watt-hour and time switch meters, Wattmeters manufacturing, Instrument shunts manufacturing, Ohmmeters manufacturing, Electronic test equipment for testing electrical characteristics manufacturing, X-Y recorders (i.e., plotters (except computer peripheral equipment)) manufacturing, Ignition testing instruments manufacturing, Elapsed time meters, Instruments for measuring electrical quantities manufacturing, Power factor meters manufacturing, Function generators manufacturing, Waveform measuring and/or analyzing equipment manufacturing, Test equipment for electronic and electrical circuits and equipment manufacturing, etc.