Market Size Matters: you can't plan a strategy, start a business, or make an investment without understanding key facts about the Musical Instrument Manufacturing industry. Find the information you need to help make the right decisions.
The Report on Musical Instrument Manufacturing contains key information used by Marketing Departments in many of the Fortune 1,000 companies and beyond. The report helps identify industry changes, trends, key players, and growth opportunities.
|Standard Report||Premium Report|
|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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2017 Market Research Report on Musical Instrument Manufacturing Industry
Current Research on the Musical Instrument Manufacturing IndustryThis section provides answers to fundamental and critical questions about the industry:
- What is the total market size ($ millions)?
- What is the Musical Instrument Manufacturing industry outlook?
- Has the market grown or declined?
- What is the market growth rate?
- Are long term forecasts positive or negative?
- What is the industry size and average company size?
- How many companies are in the industry?
Market Size StatisticsThe total U.S. market size for the Musical Instrument Manufacturing industry: statistics cover all companies, both public and private. In addition to total revenue, the industry research provides details on employees, companies, and average firm size in the sector. Use this market information to research and analyze growth rates and the Musical Instrument Manufacturing industry trends and market outlook based on quantitative research and economic data.
|Statistics||2011 2012 2013 2014 2015 2016|
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|Average Revenue Per Firm|
|Average Employees Per Firm|
Market Forecast - Musical Instrument Manufacturing[PREMIUM]Market forecasts show the long term industry outlook & Musical Instrument Manufacturing future growth trends. The following five-year forecast utilizes advanced econometric techniques that project both short-term and long-term market growth outlook. The industry outlook can be used to set a strategy applicable to economic realities.
|Forecast / Industry Outlook||2017||2018||2019||2020||2021||2022|
|Market Forecast ($ millions)|
Musical instrument manufacturing
Organs, pipe and reed
Organs, other types, including electronic
Pianos (nonelectronic) and organs, parts, excl benches
Musical instruments, other types, including parts
Musical instruments, electr, other types, exc electr organs
Musical instruments, nonelectronic, other types
Other musical instruments, parts/access, sold separately
Musical instrument manufacturing, nsk, total
Musical instrument mfg, nsk, nonadministrative-records
Musical instrument mfg, nsk, administrative-records
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 market share than average.
Price Trends for Musical Instrument ManufacturingThis section shows how prices are changing within the on a month-to-month basis. Price changes may be affected by seasonal demand, or by larger movements in product sales.
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 Analysis - Musical Instrument ManufacturingFinancial ratio information can be used to benchmark how a company in the industry compares relative to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.
|Profitability & Valuation Ratios - Musical Instrument Manufacturing||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 Musical Instrument Manufacturing 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 Musical Instrument Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.
|Liquidity Ratios - Musical Instrument Manufacturing||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||3%|
|Sales and Related Occupations||5%|
|Office and Administrative Support Occupations||15%|
|Assemblers and Fabricators||19%|
|Miscellaneous Assemblers and Fabricators||16%|
|Metal Workers and Plastic Workers||12%|
|Other Production Occupations||14%|
Companies in Musical Instrument Manufacturing and Similar Industries[PREMIUM]Musical Instrument Manufacturing market research identifies top companies with the largest estimated market share. Information includes corporate earnings and public company ticker symbols where available.
Public Musical Instrument Manufacturing Company NewsWeb scan for recent news about public companies. Musical Instrument Manufacturing market research on key company news, and Musical Instrument Manufacturing statistics.
The market size analysis identifies the overall sales data within the industry. Statistics break down facts about companies within the market.
Government Contracts Related to Musical Instrument ManufacturingIn 2014, the federal government spent a total of $1,701,244 on Musical Instrument Manufacturing. It has awarded 190 contracts to 61 companies, with an average value of $27,889 per company.
Top government vendors:
|Company||Federal Contracts||Total Award Amount|
Segments classified within this market research reportThis market research report includes companies whose primary business is any of the following:
Mandolins manufacturing, Percussion musical instruments manufacturing, Mouthpieces for musical instruments manufacturing, Bassoons manufacturing, Cellos and parts manufacturing, Octophones manufacturing, Vibraphones manufacturing, Chimes and parts (musical instruments) manufacturing, Trumpets and parts manufacturing, Trombones and parts manufacturing, Zithers and parts manufacturing, Music rolls, perforated, manufacturing, Violas and parts manufacturing, Banjos and parts manufacturing, Tuning forks manufacturing, Knobs, organ, Clarinets and parts manufacturing, Cymbals and parts manufacturing, Drums (musical instruments), parts, and accessories manufacturing, Harps and parts manufacturing, Accordions and parts manufacturing, Cornets and parts manufacturing, Hammers, piano, Piccolos and parts manufacturing, Xylophones and parts manufacturing, Harpsichords manufacturing, Bells (musical instruments) manufacturing, Guitars and parts, electric and nonelectric, Saxophones and parts manufacturing, Autophones (organs with perforated music rolls) manufacturing, Musical instruments (except toy) manufacturing, Instruments, musical, Ukuleles and parts manufacturing, Calliopes (steam organs) manufacturing, Harmonicas manufacturing, Strings, musical instrument, Electric musical instruments manufacturing, Ocarinas manufacturing, Fretted instruments and parts manufacturing, Flutes and parts manufacturing, Violins and parts manufacturing, Musical instrument accessories (e.g., mouthpieces, reeds, stands, traps) manufacturing, Reeds, Pipes, Keyboards, piano or organ, Synthesizers, music, Piano parts and materials (except piano hardware) manufacturing, Oboes manufacturing, etc.