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2018 Market Analysis & Industry Outlook: Technical & Trade Schools


Overview of the U.S. Technical & Trade Schools 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 Technical & Trade Schools: 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 Technical & Trade Schools industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Basic Education & Personal Improvement Programs & Courses (Include Tuition For Literacy Programs, Ged, Second Language Programs,

Occupational, Technical, And Trade; Professional Development; And Management Training Programs And Courses

Training Programs - Education (Include Training In Instructional Techniques And Professional Development For Educators.)

Training Programs - Physical And Life Sciences And Technologies

Training Programs - Health, Parks, Recreation, And Fitness

Training Programs - Professional Development And Management Training Programs And Courses

Training Programs - All Other Personal, Protective, And Transportation Services (Include CDl Training.)

Training Programs - Other Occupational, Technical And Trade; Professional Development; And Management Training Programs And Cour

Higher Academic, Career/Technical, And Advanced Research Qualification Programs And Credit Courses

Personal Care Services (Include Fees For Hair, Nail, Skin Care.)

Resale Of Merchandise

All Other Receipts

All Other Operating Receipts

Contributions, Gifts, And Grants - Government

Contributions, Gifts, And Grants - Private

Program Service Revenue Including Government Fees And Contracts



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 Technical & Trade Schools by state

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 Technical & Trade Schools 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 Technical & Trade Schools 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 Technical & Trade Schools 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 Managers1%
Business and Financial Operations Occupations 6%
Education, Training, and Library Occupations 66%
Postsecondary Teachers 53%
Health Teachers, Postsecondary 7%
Nursing Instructors and Teachers, Postsecondary 5%
Miscellaneous Postsecondary Teachers 37%
Vocational Education Teachers, Postsecondary 33%
Other Teachers and Instructors 8%
Adult Basic and Secondary Education and Literacy Teachers and Instructors 9%
Adult Basic and Secondary Education and Literacy Teachers and Instructors 9%
Building and Grounds Cleaning and Maintenance Occupations 5%
Office and Administrative Support Occupations 11%
Information and Record Clerks 6%
Secretaries and Administrative Assistants 7%
Secretaries and Administrative Assistants 7%
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 7%
Source: Bureau of Labor Statistics


Technical & Trade Schools Industry Market Share [PREMIUM]

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

CompanyAddressRevenue Estimate









Innovation News

  • Well Spring Resources trademarks "WELLSPRING COLLEGE" - Medical training and teaching services for the allied health professions in the fields of athletic trainer, certified nurse assistant, paramedic, exercise physiology, health administration, health information technician, massage therapist, medical assistant, medical coder, nutrition and dietetics counseling, personal trainer, phlebotomist, physical therapist, radiation therapist, ultrasound technician - 09/28/2017
  • Radiological Service Training Institute trademarks "ENGINEERED FOR LEARNING" - Providing training in the field of diagnostic imaging and radiology equipment - 08/22/2017
  • Aviation Performance Solutions trademarks "ALL-ATTITUDE UPSET RECOVERY" - Specialized flight training services to improve pilot skill and enhance air safety - 05/23/2017
  • Anaphora raises $3 million in funding. - 05/10/2012




  • Top Innovators

    42
    CompanyInnovation Score
    Fast Forward Academy4
    Paragon Flight Training2
    Key Training
    Well Spring Resources

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

    Latest Industry News

    • SOMERSET COUNTY: Vocational school district pays $110K settlement in discrimination lawsuit - Officials on the Somerset County Vocational & Technical School (SCVTS) Board of Education recently approved a $110,000 settlement agreement in response to a civil lawsuit from a former Spanish teacher that claimed he was regularly harassed by students for ... (01/10/2018)
    • UK vocational education providers to seek partnership in Vietnam - Hanoi (VNA) – Leading providers of technical and vocational training and education from the United Kingdom will visit HCM City and Hanoi from January 15-18 to set up and extend partnerships with local companies, schools, colleges, universities and ... (01/10/2018)
    • Veterinarian named Business Partner of the Year by Hunterdon vo-tech - Hunterdon County Vocational School District recognized Dr. Christina Wilson as its Business Partner of the Year. Wilson is the owner and operator of Equiheart Veterinary Service, which serves a four-county region from its Califon base. Wilson volunteers as ... (01/09/2018)
    • “Career ready” out of high school? Why the nation needs to let go of that myth - Unlike old-fashioned vocational education, high school-level career and technical education doesn’t really prepare people for jobs directly after high school. While the stated end goal of K-12 education in America is for students to be “college and ... (01/08/2018)
    • School closings and delays for Massachusetts for Monday, Jan. 8 - Argosy Collegiate Charter School -- 90-minute delay Monday Dartmouth Public Schools -- Two-hour delay Monday Diman Regional Vocational Technical High School -- 90-minute delay Monday Franklin Elementary in Westfield -- Two-hour delay Monday Global Learning ... (01/08/2018)
    • Small business owners say high schools should be doing more vocational, technology training - With these needs come the challenge of training workers for an evolving workforce and the need for comprehensive technical and vocational training. School systems in Northeast Tennessee, such as Johnson City Schools, with their College, Career and ... (01/07/2018)
    • New Jersey school quietly pays $110,000 settelment to gay teacher allegedly harassed by students - A New Jersey high school where a man claimed he was harassed by students after they learned his sexual orientation handed the former Spanish teacher a $110,000 settlement. Kevin McManus — who began working at Somerset County Vocational and Technical High ... (01/06/2018)
    • ANOTHER VIEW: Funding For Vocational/Technical Education - the state legislature set up a three-year funding plan to re-implement these programs in California high schools. We are in the last year of that funding plan, but we are nowhere near the goal of building comprehensive vocational/career technical programs ... (01/05/2018)
    • New England Tech: The little school that did - Specifically, in New England Tech’s first-ever dormitory ... and the family transformed it into the Massachusetts Trade Shop School. After the war, the school expanded its slate of courses. The young Gouse worked at the original shop during summers ... (01/05/2018)
    • Cummins Brings Its Global Technical Education Program to the U.S. - The TEC program is a global initiative that targets the technical skills gap through local vocational education programs. It delivers a standardized education platform to help school partners develop market-relevant curriculum, teacher training ... (01/04/2018)


    Government Contracts

    In 2016, the federal government spent a total of $1,948,744,929 on Technical & Trade Schools. It has awarded 3,083 contracts to 423 companies, with an average value of $4,606,962 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount



    Growth Opportunities / Competitive Threats

    Companies in other industries may also sell similar products. Since there is an overlap in the customer base, there may be an opportunity for companies in Technical & Trade Schools to sell additional products/services offered by these adjacent industries. Alternatively, these industries may identify further products in this industry to target. Products most at risk are those with the highest profit margins and lowest barriers to entry.

    The following industries are competing channels for sales of similar products/services.

    Occupational, Tech, & Trade; Prof Dev; & Mngmt Training Prog
    Competing IndustrySales Relative to Technical & Trade SchoolsOpportunity/Threat
    Computer & IT Training & Certification
    Flight Training
    Cosmetology & Barber Schools
    Professional & Management Development Training Competing industry
    Business & Secretarial Schools Competing industry

    Sales from other industries of Occupational, Tech, & Trade; Prof Dev; & Mngmt Training Prog are less than those from Technical & Trade Schools. This may mean that other channels are a competitive risk of increasing their Occupational, Tech, & Trade; Prof Dev; & Mngmt Training Prog sales, taking market share from this industry.
    Occupational, Tech, & Trade; Prof Dev; & Mngmt Training Prog Product Sales Report



    Training Programs & Courses - Education
    Competing IndustrySales Relative to Technical & Trade SchoolsOpportunity/Threat
    Cosmetology & Barber Schools
    Computer & IT Training & Certification
    Apprenticeship Training Competing industry
    Flight Training Competing industry
    Business & Secretarial Schools Competing industry

    Sales from other industries of Training Programs & Courses - Education are less than those from Technical & Trade Schools. This may mean that other channels are a competitive risk of increasing their Training Programs & Courses - Education sales, taking market share from this industry.
    Training Programs & Courses - Education Product Sales Report



    Training Prog/Courses - Prof Dev & Mngmt Training Prog/Courses
    Training Prog/Courses - Prof Dev & Mngmt Training Prog/Courses Product Sales Report

    Basic Education & Personal Improvement Programs & Courses
    Basic Education & Personal Improvement Programs & Courses Product Sales Report