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2025 U.S. Industry Statistics & Market Forecast - Overhead Traveling Crane, Hoist, and Monorail System Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Overhead Traveling Crane, Hoist, and 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.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Overhead Traveling Crane, Hoist, and Monorail System Manufacturing industry include:- Increased automation and robotics integration
- Growing demand for customization and flexible solutions
- Rising safety regulations and industry standards
- Expansion in emerging markets
- Adoption of energy-efficient technologies
- Integration of IoT and predictive maintenance
- Shift towards wireless control systems
- Increasing use of high-strength, lightweight materials
- Impact of global trade policies
- Shift to service-oriented business models
- Increased competition from low-cost manufacturers
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.
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) |
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|---|---|---|
| Total Revenue | Order at top of page |
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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 Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Overhead Traveling Crane, Hoist, and Monorail System Manufacturing 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 Overhead Traveling Crane, Hoist, and Monorail System Manufacturing 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 Overhead Traveling Crane, Hoist, and Monorail System Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry 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. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| 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. |
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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. |
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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 | 7% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Business and Financial Operations Occupations | 6% | |||
| Architecture and Engineering Occupations | 11% | |||
| Engineers | 8% | |||
| Office and Administrative Support Occupations | 9% | |||
| Production Occupations | 50% | |||
| Assemblers and Fabricators | 16% | |||
| Miscellaneous Assemblers and Fabricators | 12% | |||
| Metal Workers and Plastic Workers | 20% | |||
| Machinists | 6% | |||
| Machinists | 6% | |||
| Welding, Soldering, and Brazing Workers | 7% | |||
| Welders, Cutters, Solderers, and Brazers | 6% | |||
| Other Production Occupations | 10% | |||
Overhead Traveling Crane, Hoist, and Monorail System Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Overhead Traveling Crane, Hoist, and Monorail System Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Overhead Traveling Crane, Hoist, and Monorail System Manufacturing industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Overhead Traveling Crane, Hoist, and Monorail System Manufacturing industry. |
Source:
Latest Industry News
- Crane operators squeezed as insurance options shrink and premiums soar - Litigation pressure and catastrophic losses drive carriers out of market, leaving smaller operators with few choices (07/09/2025)
- Texas whooping cranes hit record population number, FWS says - LM Otero/AP The endangered whooping crane has seen a promising expansion of its flock after the Fish and Wildlife Service found a record estimate of whooping cranes in Texas. (07/02/2025)
- The Future of Overhead Cranes in Industrial Development - The global industrial landscape is rapidly evolving, with overhead cranes (also known as overhead cranes) becoming indispensable in the manufacturing, construction, and logistics industries, driven by automation, (06/30/2025)
- Konecranes Installed Unique Crane Solution for Naval Frigates at BAE Production Facility - Konecranes has completed an order for BAE System’s new Govan shipbuilding hall that includes two 20t x 56m electric overhead (06/26/2025)
- How To Unlock The Monorail In Death Stranding 2 - GameSpot - To unlock the Monorail in Death Stranding 2, make sure you've loaded up the required resources--i.e. Resins and Special Alloys--onto your vehicle. Also, you should have at least 2,000 Chiral ... (06/26/2025)
- S. Korean crane makers eye U.S. market as tariffs target Chinese rivals - South Korean crane manufacturers—including HD Hyundai Samho, Doosan Enerbility, and HJ Shipbuilding & Construction—are exploring new opportunities in the United States as Washington grows increasingly wary of Chinese-made port cranes, (05/28/2025)
- When will the big blue cranes leave Manitowoc? US Navy has delayed shipping. - The $55 million crane arrived at Portsmouth Naval Shipyard in Kittery, Maine, near the border of New Hampshire. The crane could lift twice the weight of other cranes at the Naval yard. The two new cranes will also travel to Naval shipyards via barge, but this time to the Pacific Ocean. (05/23/2025)
- 8 million jobs unfilled: McMahon questions US college system as AI and manufacturing gaps widen, calls for middle and high school reforms - She emphasized the need for educational reform, particularly in middle and high schools, to better align curricula with workforce needs in fields like AI and manufacturing. McMahon advocates for ... (05/21/2025)
- 'Immense sense of pride': Behind the cranes that help build Phoenix - Cranes are the backbone of building a city, and the operators take pride in their work when they see the skyline full of developments that couldn't be created without them. (05/21/2025)
- Fluence Expands U.S. Manufacturing Footprint with Enclosure and Battery Management System (BMS) Production in Arizona - hardware for Fluence's grid-scale energy storage systems. This latest manufacturing facility represents another milestone in the company's commitment to strengthening domestic manufacturing ... (05/20/2025)
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