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2018 Market Analysis & Industry Outlook: Watch, Clock & Controlling Device Manufacturing

Overview: the U.S. Watch, Clock & Controlling Device 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 Watch, Clock & Controlling Device 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

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 Watch, Clock & Controlling Device 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

Other Measuring And Controlling Device Manufacturing

Aircraft Engine Instruments (Excluding Flight)

Physical Properties Testing And Inspection Equipment And Kinematic Testing And Measuring Equipment

Nuclear Radiation Detection And Monitoring Instruments

Commercial, Geophysical, Meteorological, And General-Purpose Instruments And Equipment (Excluding Medical Thermometers)

Other Measuring And Controlling Device Manufacturing, Not Categorized, Total

Other Secondary Products

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 by state

Watch, Clock & Controlling Device 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 Watch, Clock & Controlling Device 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.

example price index trendline

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
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
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 Watch, Clock & Controlling Device 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 Watch, Clock & Controlling Device 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 Watch, Clock & Controlling Device 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 11%

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Chief Executives0%
General and Operations Managers2%
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%
Source: Bureau of Labor Statistics

Watch, Clock & Controlling Device Manufacturing Industry Market Share [PREMIUM]

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

CompanyAddressRevenue Estimate

Top Innovators

CompanyInnovation Score

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

Latest Industry News

  • Ten trends trucking should watch in 2018 - There’s a lot of change going on in trucking right now, with the contentious imposition of electronic logging devices (ELDs ... retail market and analysts predict that e-commerce will control 17% of the broader retail market within five years and ... (01/10/2018)
  • When do the clocks go forward in 2018, when did they go back and why do they change twice each year? - They also said it would increase supplies available for manufacturing the war effort during WW1 ... Luckily, when the clocks change, most devices connected to the internet like tablets, iPhones and other smart phones will update automatically. (01/10/2018)
  • Future watching: 10 tech innovations that will change how we watch TV - Streaming has irrevocably changed how we watch TV ... to the list of devices that can be controlled by its Alexa personal assistant. It did this by adding 'cooking capabilities' to its Smart Home Skills API. In other words, manufacturers can start building ... (01/10/2018)
  • Key Medical Device Companies in Asia-Pacific 2016-2017 - Research and Markets - It covers wound management, cardiovascular, orthopedic implants, infection control, and infusion therapy. The insight provides the following details: Overview of APAC medical device manufacturers Profiles of companies to watch Regions Covered: Indicative ... (01/09/2018)
  • Revamped Apple Watch finds new life as a medical wearable - Now, the Apple Watch is finding a medical purpose after all. In September, Apple announced the Apple Watch would no longer need to be tethered to a smartphone and would become more of a stand-alone device. Since then, a wave of device manufacturers have ... (01/09/2018)
  • 3 TVs that could change how you watch movies - "TV manufacturers ... they want to watch," he said. "The addition of a voice assistant provides an answer to an actual consumer problem." Related: Google's assistant now works on smart speakers with screens Other TVs also have voice control features. (01/09/2018)
  • Google is taking on Amazon's newest Echo smart speakers — with a little help from some friends (GOOG, GOOGL, AMZN) - Google is teaming up with partners including Lenovo to make "smart screens" — voice-controlled tablets ... about bringing the Google Assistant to screen-based devices from those manufacturers, so Google moved to assist. The advantage of this model ... (01/09/2018)
  • The Best Media Streaming Devices of 2018 - There are many ways to watch online content on your TV ... and dedicated remotes so you can view whatever you want from the couch, without a mobile device to control everything. Google Cast is a bit different, as it relies on a PC, smartphone, or tablet ... (01/05/2018)
  • 40+ Fantastic Things You Can Do with an Apple Watch Series 3 - Apple Watch Series 3 is ... lets parents turn their old iOS device into a audio and visual baby monitor. You can play white noise or lullabies, speak to your child, or use the display as a night light with brightness control. Once setup you can check ... (01/04/2018)
  • Amazon's newest Echo is designed to be the perfect smart alarm clock - Like all Alexa-enabled devices, the Echo Spot can be used to control smart-home gadgets ... The Echo Spot's small size makes it the ideal bedside alarm clock, and it was even designed to look like one. Its built-in speaker won't be ideal for listening ... (01/02/2018)

Government Contracts

In 2016, the federal government spent a total of $435,776,274 on Watch, Clock & Controlling Device Manufacturing. It has awarded 5,891 contracts to 1,111 companies, with an average value of $392,238 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:
Hydrometers (except industrial process-type) manufacturing, Tensile strength testing equipment manufacturing, Seismographs manufacturing, Viscosimeters (except industrial process type) manufacturing, Gas leak detectors manufacturing, Watch jewels manufacturing, Meteorological instruments manufacturing, Abrasion testing machines manufacturing, Evaporation meters manufacturing, Chronographs manufacturing, Weather tracking equipment manufacturing, Leak detectors, water, manufacturing, Hygrometers (except industrial process-type) manufacturing, Galvanometers, geophysical, Kinematic test and measuring equipment manufacturing, Sample changers, nuclear radiation, Thrust power indicators, aircraft engine, Level gauges, radiation-type, Clock or watch springs, precision, made from purchased wire, Clocks assembling from purchased components, Commercial timing mechanisms manufacturing, Time locks manufacturing, Alidades, surveying, Water leak detectors manufacturing, Wind direction indicators manufacturing, Modules for clocks and watches manufacturing, Actinometers, meteorological, Pitometers manufacturing, Lie detectors manufacturing, Fuel mixture indicators, Household-type timing mechanisms manufacturing, Thickness gauging instruments, ultrasonic, Barographs manufacturing, Barometers manufacturing, Thermocouples (except industrial process, aircraft type, glass vacuum) manufacturing, Watches and parts (except crystals) manufacturing, Solarimeters manufacturing, Compasses, portable magnetic-type, Surveying instruments manufacturing, Radiation detection and monitoring instruments manufacturing, Geophysical instruments manufacturing, Tapes, surveyor's, Transducers, pressure, Levels and tapes, Humidity instruments (except industrial process and air-conditioning type) manufacturing, RADIAC (radioactivity detection, identification, and computation) equipment manufacturing, Dosimetry devices manufacturing, Hygrothermographs manufacturing, Meteorologic tracking systems manufacturing, Springs, clock and watch, Seismometers manufacturing, Radioactivity detection, and computation (RADIAC) equipment manufacturing, Physical properties testing and inspection equipment manufacturing, Testers for checking hydraulic controls on aircraft manufacturing, Mechanisms, clockwork operated device, Ultrasonic testing equipment (except medical) manufacturing, Drafting instruments manufacturing, Clock materials and parts (except crystals) manufacturing, Instrumentation for reactor controls, auxiliary, Fuel system instruments, aircraft, Ceilometers manufacturing, Vibration meters, analyzers, and calibrators, Detectors, scintillation, Aircraft engine instruments manufacturing, Ion chambers manufacturing, Pressure and vacuum indicators, Fuel totalizers, Chains, T-squares (drafting) manufacturing, Accelerometers (except aerospace type) manufacturing, Sextants, Indicator testers, turntable, Clocks assembling, Fuel densitometers, Templates, drafting, Timers for industrial use, clockwork mechanism, Torsion testing equipment manufacturing, Automotive emissions testing equipment manufacturing, Appliance timers manufacturing, Dating devices and machines (except rubber stamps) manufacturing, Transits, Watchcase manufacturing, Alarm clocks manufacturing, Theodolites, Movements, watch or clock, Seismoscopes manufacturing, Hand stamps (e.g., date, time), timing mechanism operated, Rods, Testing equipment (e.g., abrasion, shearing strength, tensile strength, torsion) manufacturing, Fire detector systems, nonelectric, Pyrheliometers manufacturing, Fatigue testing machines, industrial, mechanical, Polygraph machines manufacturing, Wall clocks manufacturing, Spectrometers (e.g., liquid scintillation, nuclear) manufacturing, Dynamometers manufacturing, Scalers, Pressure transducers manufacturing, Timing mechanisms, clockwork, Pulse analyzers, nuclear monitoring, Nuclear instrument modules manufacturing, Geiger counters manufacturing, Whole body counters, nuclear, Rules, slide, Count rate meters, Hardness testing equipment manufacturing, Time clocks and time recording devices manufacturing, Metal detectors manufacturing, Scintillation detectors manufacturing, Chronometers manufacturing, Rain gauges manufacturing, Thermometer, liquid-in-glass and bimetal types (except medical), Magnetometers manufacturing, Nephoscopes manufacturing, Time stamps containing clock mechanisms manufacturing, etc.

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