Industry Data & Market Research

2024 U.S. Industry Statistics & Market Forecast - Prefabricated Metal Building and Component Manufacturing

Market Size & Industry Statistics

The total U.S. industry market size for Prefabricated Metal Building and Component 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.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2019        2020        2021        2022        2023
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data

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 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

The Prefabricated Metal Building & Component Manufacturing industry has been experiencing significant changes in recent years. These changes have been driven by various factors, including technological advancements, changes in consumer demand, rising competition, and evolving regulation. Some of the key trends affecting this industry include:

1. Adoption of advanced technology: The industry is embracing advanced technology such as 3D printing, robotics, offsite construction, and construction management software to speed up the manufacturing process, lower costs, and improve efficiency.

2. Growing demand for sustainable buildings: There is an increasing focus on environmentally friendly construction methods, and prefabricated metal buildings are being used more often due to their durability and recyclability.

3. Increased customization: Customers are demanding more customization options in their buildings, and manufacturers are responding by providing new designs, finishes, and materials.

4. Growth in offsite construction: The industry is experiencing growth in the offsite construction segment, as it offers shorter construction times and increased cost savings.

5. Government regulations: There has been an increased focus on safety and quality standards, which has led to stricter government regulations that manufacturers must adhere to.

6. Globalization: The industry is experiencing increased globalization, with more manufacturers from emerging markets entering the market and the expansion of manufacturing facilities to new regions.

7. Changing supply chains and logistics: Supply chains are becoming more complex, and manufacturers are investing in logistics technology to improve delivery times, increase supply chain visibility, and enhance reliability.

Overall, these trends are causing significant disruption in the Prefabricated Metal Building & Component Manufacturing industry, and manufacturers who adapt to these changes will be the ones that succeed in the long run.

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

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
Net Income
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Prefabricated Metal Building and Component 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 Prefabricated Metal Building and Component 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 Prefabricated Metal Building and Component 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 6%

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Chief Executives0%
General and Operations Managers3%
Office and Administrative Support Occupations 9%
Production Occupations 59%
Assemblers and Fabricators 11%
Miscellaneous Assemblers and Fabricators 8%
Metal Workers and Plastic Workers 29%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic 7%
Machinists 8%
Machinists 8%
Welding, Soldering, and Brazing Workers 8%
Welders, Cutters, Solderers, and Brazers 8%
Other Production Occupations 14%
Computer Numerically Controlled Tool Operators and Programmers 5%
Transportation and Material Moving Occupations 6%
Source: Bureau of Labor Statistics

Prefabricated Metal Building and Component Manufacturing Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Prefabricated Metal Building and Component 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 Prefabricated Metal Building and Component 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
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Prefabricated Metal Building and Component Manufacturing industry.

Innovation News

Recent Federal Contracts for Prefabricated Metal Building and Component Manufacturing

  • Mar 29, 2024: SATELLITE SHELTERS, INC. (Minneapolis, MN) awarded $18,099
  • Mar 29, 2024: AKS INDUSTRIES INC (Scottsdale, AZ) awarded $19,565
  • Mar 28, 2024: MODERN BUILDING SYSTEMS, INC. (Aumsville, OR) awarded $117,600
  • Mar 26, 2024: SANITZ ENTERPRISES, INC. (Fredericksburg, TX) awarded $9,103
  • Mar 22, 2024: STRATEGIC SOLUTIONS UNLIMITED, INC (Fayetteville, NC) awarded $2,621,562
  • Mar 21, 2024: PANEL BUILT INC (Blairsville, GA) awarded $27,586

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