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Current State of the Industry | ||
Market Size (industry trends) | ||
Market Forecast (5-year projection) | ||
Products/Services Breakdown | ||
Revenue per State | ||
Financial Metrics | ||
Salary & Compensation Statistics | ||
Public Company Information | ||
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2024 U.S. Industry Statistics & Market Forecast - Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Radio and Television Broadcasting and Wireless Communications Equipment 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 | 2019 2020 2021 2022 2023 | |
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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 | 2024 | 2025 | 2026 | 2027 | 2028 | |
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Market Forecast ($ millions) | ||||||
Projected Industry Growth Rate (%) |
Industry Insights
The Radio & Television Broadcasting & Wireless Communications Equipment Manufacturing industry is subject to a number of trends that are driving growth and change in the sector.One of the most significant trends is the increasing demand for wireless communication technologies. With the rise of mobile devices such as smartphones and tablets, consumers are seeking wireless connectivity that allows them to access information and stay connected on the go. This has resulted in a surge in demand for cutting-edge wireless communication equipment that can deliver reliable, high-speed connectivity.
Another key trend affecting the industry is the evolution of media consumption habits. Consumers are increasingly turning to streaming and on-demand services, such as Netflix and Hulu, rather than traditional broadcast television. This has led to a shift in focus for radio and television broadcasting equipment manufacturers, who are now adapting their offerings to meet the needs of new media platforms.
The growth of emerging technologies such as 5G and the Internet of Things (IoT) is also expected to have a significant impact on the industry. As these technologies become more widespread, there will be an increased demand for innovative wireless communication equipment.
Finally, advancements in artificial intelligence (AI) and machine learning are likely to impact the industry in the years to come. As these technologies become more sophisticated, it is expected that they will play an increasingly important role in the development and production of radio and television broadcasting equipment.
Overall, the Radio & Television Broadcasting & Wireless Communications Equipment Manufacturing industry is subject to a range of trends that are driving innovation and growth in the sector. Manufacturers that are able to adapt to these trends are likely to be well-positioned for success in the years ahead.
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 Radio and Television Broadcasting and Wireless Communications Equipment 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 |
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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 Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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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 Radio and Television Broadcasting and Wireless Communications Equipment 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 |
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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. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
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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. |
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 |
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Management Occupations | 13% | Order at top of page |
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Chief Executives | 0% | |||
General and Operations Managers | 3% | |||
Operations Specialties Managers | 5% | |||
Business and Financial Operations Occupations | 10% | |||
Business Operations Specialists | 8% | |||
Computer and Mathematical Occupations | 14% | |||
Computer Occupations | 14% | |||
Software and Web Developers, Programmers, and Testers | 9% | |||
Software Developers | 8% | |||
Architecture and Engineering Occupations | 18% | |||
Engineers | 13% | |||
Electrical and Electronics Engineers | 5% | |||
Office and Administrative Support Occupations | 9% | |||
Production Occupations | 25% | |||
Assemblers and Fabricators | 16% | |||
Electrical, Electronics, and Electromechanical Assemblers | 11% | |||
Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers | 11% |
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Radio and Television Broadcasting and Wireless Communications Equipment 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 Radio and Television Broadcasting and Wireless Communications Equipment 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 |
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 Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing industry. |
Source:
Innovation News
- Apr 18, 2024: Tvu Networks patents Methods, Apparatus And Systems For Cloud-based Video Control And Manipulation Using Finger Swipe Interface
- Apr 18, 2024: Parsec Technologies patents Antenna Systems
- Apr 04, 2024: Parsec Technologies patents Antenna Systems
- Feb 13, 2024: Cesiumastro raises $50 million in funding.
- Jan 26, 2024: Premier Communications trademarks "NOISEMASTER" - Microphones for communication devices
- Jan 17, 2024: Simplified IT Products trademarks "ULTIMATE BACKUP" - Downloadable computer software for locating and storing electronic media digital images, text audio, and video; computer hard drives; connectors and adaptors for use with electronic devices
- Jan 16, 2024: Gotenna trademarks "EDGERELAY" - Broadband wireless equipment
- Jan 27, 2023: Cesiumastro raises $2 million in funding.
- May 11, 2022: Optisys raises $15 million in funding.
Recent Federal Contracts for Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing- Apr 02, 2024: SAFRAN DATA SYSTEMS INC. (Norcross, GA) awarded $3,210,275
- Apr 02, 2024: ROCK CREEK BUSINESS SYSTEMS LLC (Potomac, MD) awarded $51,500
- Apr 02, 2024: RACOM CORP (Marshalltown, IA) awarded $47,102
- Apr 02, 2024: KNIGHT SKY LLC (Frederick, MD) awarded $73,692
- Apr 02, 2024: NEW TECH SOLUTIONS, INC. (Fremont, CA) awarded $11,872
- Apr 01, 2024: L3 TECHNOLOGIES, INC. (Camden, NJ) awarded $12,270,522
- Apr 02, 2024: SAFRAN DATA SYSTEMS INC. (Norcross, GA) awarded $3,210,275
- Apr 02, 2024: ROCK CREEK BUSINESS SYSTEMS LLC (Potomac, MD) awarded $51,500
- Apr 02, 2024: RACOM CORP (Marshalltown, IA) awarded $47,102
- Apr 02, 2024: KNIGHT SKY LLC (Frederick, MD) awarded $73,692
- Apr 02, 2024: NEW TECH SOLUTIONS, INC. (Fremont, CA) awarded $11,872
- Apr 01, 2024: L3 TECHNOLOGIES, INC. (Camden, NJ) awarded $12,270,522
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