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2025 U.S. Industry Statistics & Market Forecast - Support Activities for Mining
Market Size & Industry Statistics
The total U.S. industry market size for Support Activities for Mining:
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 Support Activities for Mining industry include:- Increasing automation and use of robotics
- Greater emphasis on sustainability and environmental impact
- Rising demand for minerals from technology sector
- Stringent government regulations
- Fluctuations in commodity prices
- Expansion into new geographic markets
- Advancements in exploration technologies
- Integration of IoT and real-time data monitoring
- Challenges in workforce management and safety improvements
- Shift towards renewable energy sources and its impact on mining operations
- Increased focus on corporate social responsibility and community engagement
- Growing adoption of artificial intelligence and machine learning
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 Support Activities for Mining 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 Support Activities for Mining 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). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Support Activities for Mining 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. | |
| 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 |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 4% | |||
| Office and Administrative Support Occupations | 7% | |||
| Construction and Extraction Occupations | 46% | |||
| Supervisors of Construction and Extraction Workers | 6% | |||
| First-Line Supervisors of Construction Trades and Extraction Workers | 6% | |||
| First-Line Supervisors of Construction Trades and Extraction Workers | 6% | |||
| Construction Trades Workers | 6% | |||
| Extraction Workers | 34% | |||
| Derrick, Rotary Drill, and Service Unit Operators, Oil and Gas | 18% | |||
| Service Unit Operators, Oil and Gas | 10% | |||
| Roustabouts, Oil and Gas | 12% | |||
| Roustabouts, Oil and Gas | 12% | |||
| Installation, Maintenance, and Repair Occupations | 8% | |||
| Other Installation, Maintenance, and Repair Occupations | 6% | |||
| Transportation and Material Moving Occupations | 14% | |||
| Motor Vehicle Operators | 7% | |||
| Driver/Sales Workers and Truck Drivers | 7% | |||
| Heavy and Tractor-Trailer Truck Drivers | 7% | |||
| Material Moving Workers | 5% | |||
Support Activities for Mining Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Support Activities for Mining 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 Support Activities for Mining 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 Support Activities for Mining industry. |
Source:
Latest Industry News
- Mineral exploration incentive in Saskatchewan expands - “These changes will help us achieve our goals set out in Saskatchewan’s Critical Minerals Strategy, specifically, increasing Saskatchewan’s share of Canadian mineral exploration spending to 15 per cent and doubling the number of critical minerals produced in Saskatchewan, all by 2030.” (07/14/2025)
- Saskatchewan introduces new program to expand mineral exploration grants - An expansion of the province's Targeted Mineral Exploration Incentive (TMEI) was announced today as the province aims to encourage more early-stage exploration activities in the mining sector. Since 2018, (07/12/2025)
- 'A betrayal': Yukon First Nations call on government to repeal mining amendments - Yukon First Nations are calling on the territorial government to repeal amendments it made in May to mining regulations.The temporary amendments to the Placer Mining Land Use Regulation, the Quartz Mining Land Use Regulation and the Waters Regulation will extend some mining permits to allow operators to continue work while waiting for licence renewals. (07/11/2025)
- World Bank Backs Mining as Zambia’s Economic Engine Ahead of African Mining Week (AMW) 2025 - The upcoming African Mining Week (AMW) conference – taking place October 1-3 in Cape Town - will feature a country spotlight session on Zambia. The session – titled Zambia: Accelerating Exploration and Development Through License Allocation - will provide insight into the country’s mineral potential, (07/09/2025)
- Fun in South Range - It was a day filled with patriotic cheer Friday in the Village of South Range. From the morning flag raising to the fireworks at dusk, residents and countless visitors enjoyed Forth of July activities including a parade, (07/06/2025)
- Africa must help steer the world away from deep-sea mining - Unilateral deep-sea mining, such as that planned by the Trump administration, could have grave impacts on Africa. (07/04/2025)
- Small-scale miners urged to operate responsibly to attract government’s support - Co-chair of the Ghana Extractive Industries and Transparency Initiative (GHEITI) Dr Steve Manteaw, has encouraged small-scale miners to operate more responsibly to gain government’s recognition and support. (07/04/2025)
- Dr Bissiw-Kotei must be called to order - CenPOA to Presidency - The Center for Public Opinion and Awareness (CenPOA), a non-partisan, non-governmental civil society organization, has petitioned the presidency, calling for Dr Hanna Bissiw-Kotei, the Administrator of the Minerals Development Fund (MDF), (07/03/2025)
- Science Guides Deep-Sea Mining Risk Assessment - Key points The deep sea is one of Earth's most fragile and least understood environments.A group of scientists led by CSIRO has created science-based (07/03/2025)
- BASF Partners With FUCHS to Support Australia's Mining Industry - BASF teams up with FUCHS to deliver tailored flotation solutions and boost support for Australia's mining sector. (06/25/2025)
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