|Standard Report||Premium Report|
|Current State of the Industry|
|Market Size (industry trends)|
|Market Forecast (5-year projection)|
|Revenue per State|
|Salary & Compensation Statistics|
|Public Company Information|
|Key Private Companies|
|Instant Download - Available immediately upon purchase|
|Download both PDF and Excel
2023 U.S. Industry Statistics & Market Forecast - Pump & Compressor Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Pump & Compressor 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||2017 2018 2019 2020 2021 2022|
Order at top of page
|Average Revenue Per Firm|
|Average Employees Per Firm|
|Average Revenue Per Employee|
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year / six-year demand forecast projects both short-term and long-term trends.
|Forecast / Industry Outlook||2023||2024||2025||2026||2027||2028|
|Market Forecast ($ millions)|
|Projected Industry Growth Rate (%)|
Industry InsightsThe Pump & Compressor Manufacturing industry is undergoing significant transformation, as multiple trends impact the sector. These trends include changing end-user and customer demands, rising industry consolidation, and advancements in technology that are driving innovation across the sector.
One of the major trends affecting the industry is the increased demand for energy-efficient products. Companies that can provide energy-efficient compressors and pumps are gaining significant market share over those offering less efficient models. Additionally, customers' preference for reliable and durable equipment is driving the innovation of more resilient and maintenance-free products.
Another significant trend in the industry is the consolidation of smaller manufacturers. With the economic pressures, most small manufacturers feel the need to merge or form alliances to benefit from economies of scale, reduce fragmentation, and boost their bargaining power in the market.
The sector is also undergoing a technological transformation, with digitalization and IoT (Internet of Things) gradually penetrating the industry. This transformation is yielding new solutions to manage and optimize operations, and boost safety and reliability.
In conclusion, as the Pump & Compressor Manufacturing industry continues to evolve, manufacturers who remain cognizant of the changing market trends and consumer demands, harness technological advancements and leverage their resources advantageously stand to gain a competitive edge in future.
U.S. Geographic Distribution: Revenue Statistics by StateMarket 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|
Order at top of page
|Cost of Goods Sold|
|Pension, profit sharing plans, stock, annuity|
|Rent paid on business property|
|Domestic production activities deduction|
|Compensation of officers|
|Salaries and wages|
|Employee benefit programs|
|Taxes and Licenses|
|Other Operating Expenses|
|Total Operating Expenses|
|EBIT (Earnings Before Interest and Taxes)|
|Earnings Before Taxes|
Financial Ratio AnalysisFinancial ratio information can be used to benchmark how a Pump & Compressor 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 Pump & Compressor Manufacturing industry is performing.|
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 Pump & Compressor Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.
|Liquidity Ratios||Industry Average|
|Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.|
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 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.
|Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
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 EmployeesCompensation 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|
Order at top of page
|General and Operations Managers||2%|
|Business and Financial Operations Occupations||6%|
|Architecture and Engineering Occupations||11%|
|Office and Administrative Support Occupations||9%|
|Assemblers and Fabricators||16%|
|Miscellaneous Assemblers and Fabricators||12%|
|Metal Workers and Plastic Workers||20%|
|Welding, Soldering, and Brazing Workers||7%|
|Welders, Cutters, Solderers, and Brazers||6%|
|Other Production Occupations||10%|
Pump & Compressor Manufacturing Competitor Landscape & Key Companies [PREMIUM]The most influential companies in the Pump & Compressor 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 Pump & Compressor Manufacturing industry and adjacent sectors:
Companies with the largest market share, focused in this industry
|Market leaders: |
Largest companies that have diversified operations in this and other industries
Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators and Disruptors in adjacent industries that may also affect the Pump & Compressor Manufacturing industry.
Government ContractsIn 2022, the federal government spent a total of $179,054,568 on Pump & Compressor Manufacturing. It has awarded 2077 contracts to 577 companies, with an average value of $310,320 per company.
|Most Recent Contracts||Date||Total Award Amount|
Can't find what you're looking for? We have over a thousand market research reports. Ask us and an analyst will help you find what you need.