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2018 Market Analysis & Industry Outlook: Overhead Traveling Crane, Hoist & Monorail System Manufacturing


Overview of the U.S. Overhead Traveling Crane, Hoist & Monorail System Manufacturing 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 Overhead Traveling Crane, Hoist & Monorail System 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.

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 Overhead Traveling Crane, Hoist & Monorail System Manufacturing 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

Overhead Traveling Crane, Hoist, And Monorail System Manufacturing

Hoists And Parts And Attachments For Hoists (Sold Separately)

Overhead Traveling Cranes And Monorail Systems (Excluding Construction Power Cranes), And Parts And Attachments For Monorail Sys

Winches, Aerial Work Platforms, Automotive Wrecker Hoists, And Parts

Overhead Traveling Crane, Hoist, And Monorail System Manufacturing, Not Categorized, Total

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 Overhead Traveling Crane, Hoist & Monorail System Manufacturing by state

Overhead Traveling Crane, Hoist & Monorail System Manufacturing 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 Overhead Traveling Crane, Hoist & Monorail System Manufacturing 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
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
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Overhead Traveling Crane, Hoist & Monorail System Manufacturing 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 Overhead Traveling Crane, Hoist & Monorail System Manufacturing 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 Overhead Traveling Crane, Hoist & Monorail System Manufacturing 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 7%

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Chief Executives0%
General and Operations Managers2%
Architecture and Engineering Occupations 10%
Engineers 7%
Office and Administrative Support Occupations 12%
Installation, Maintenance, and Repair Occupations 5%
Production Occupations 50%
Assemblers and Fabricators 18%
Miscellaneous Assemblers and Fabricators 13%
Team Assemblers 12%
Metal Workers and Plastic Workers 23%
Machinists 7%
Machinists 7%
Welding, Soldering, and Brazing Workers 7%
Welders, Cutters, Solderers, and Brazers 6%
Other Production Occupations 5%
Source: Bureau of Labor Statistics


Overhead Traveling Crane, Hoist & Monorail System Manufacturing Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate









Innovation News

  • American Equipment trademarks "CRANENET" - Inspections of overhead cranes, hoists, and mobile cranes - 09/25/2017
  • Deshazo trademarks "" - cranes and their structural component parts - 09/25/2012




  • Top Innovators

    5
    CompanyInnovation Score
    Rooftop Anchor5
    Omaha Standard
    Skyjack
    Golden Manufacturing

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • United States Overhead Traveling Crane, Hoist, And Monorail System Market 2017 - Analysis And Forecast to 2020 - Research and Markets - Research and Markets has announced the addition of the "U.S. Overhead Traveling Crane, Hoist, And Monorail System Market - Analysis And Forecast to 2020" report to their offering. The report provides an in-depth analysis of the U.S. overhead traveling ... (02/01/2017)
    • Port Authority board rejects crane project bids - Members of the City of Tulsa-Rogers County Port Authority board of directors voted unanimously to reject all bids for the main dock bridge cranes project at its ... The project consists of a new 300-ton overhead traveling bridge crane on the north end ... (11/21/2014)
    • Light Crane System delivers smooth operation with low resistance. - Greater freedom of planning thanks to new rail connections As an overhead handling system, KBK Aluline makes it possible to create almost any size of suspension crane or monorail system ... suited for push-travel hoist units. These characteristics have ... (03/10/2014)
    • Olympic Steel Is Hiring - Maintains the certification program for customers and serves as a technical resource for the manufacturing operation ... Ability to troubleshoot electrical systems including solid state motor drives, overhead traveling cranes, propane forklifts, hydraulic ... (08/02/2012)
    • Officials release list of target industries for development - Included are makers of turbines; manufacturers of conveying and materials handling equipment; overhead crane, hoist and monorail systems manufacturing; industrial truck, tractor, trailer and stacker machinery manufacturing; and high-end industrial services ... (04/03/2008)
    • BPI building high-tech cold storage facility - Once the building is operational, 60-pound boxes of frozen meat will travel from the BPI factory to the cold storage building on a 400-foot-long, outdoor, overhead conveyor system ... will be received by one of two cranes that are nearly as tall as ... (04/01/2003)


    Government Contracts

    In 2016, the federal government spent a total of $91,594,966 on Overhead Traveling Crane, Hoist & Monorail System Manufacturing. It has awarded 1,090 contracts to 296 companies, with an average value of $309,442 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:
    Pulleys (except power transmission), metal, manufacturing, Cranes, overhead traveling, Hoists (except aircraft loading) manufacturing, Block and tackle manufacturing, Automobile wrecker (i.e., tow truck) hoists manufacturing, Chain hoists manufacturing, Boat lifts manufacturing, Ship cranes and derricks manufacturing, Locomotive cranes manufacturing, Davits manufacturing, Monorail systems (except passenger-type) manufacturing, Wire rope hoists manufacturing, Overhead traveling cranes manufacturing, Winches manufacturing, Aerial work platforms manufacturing, etc.



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