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2025 U.S. Industry Statistics & Market Forecast - Spring & Wire Product Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Spring & Wire Product 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 | 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 (%) | |||||
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) |
|
|---|---|---|
| Total Revenue | Order at top of page |
|
| 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 Spring & Wire Product 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 Spring & Wire Product 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). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Spring & Wire Product 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. | |
| 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 | 6% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 3% | |||
| 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% | |||
Spring & Wire Product Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Spring & Wire Product 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 Spring & Wire Product 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 Spring & Wire Product Manufacturing industry. |
Source:
Latest Industry News
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- Three McLarens, a Cybertruck, and dozens of other vehicles zoom into Philly this month for the annual auto show - Speaking of comebacks, Back in the Day Way will continue to be a large part of the Philly Auto Show, with over two dozen cars from days gone by for visitors to linger over, including an 1886 Benz, a 1926/27 Ford Model A Roadster, 1932 Duesenberg, 1954 Kaiser Darrin, 1957 Corvette, and a 1968 Triumph TR-250. (01/04/2025)
- Local TV Broadcasters Welcome Additional NEXTGEN TV Devices, New Interactive Channels, and Enhanced Programming for NEXTGEN TV Services - With 76% of U.S. households now able to receive a NEXTGEN TV broadcast signal, America’s local TV broadcasters are hailing the introduction of new ATS (01/03/2025)
- 14 Tools Construction Pros Never Knew They Needed - Being equipped with the proper tools can make your job in construction more effective. And if you’ve been using the same dated tools for years, consider adding new items to your tool belt. “While premium tools may cost more upfront, (01/03/2025)
- Eyeing potential bird flu outbreak, Biden administration ups preparedness - The administration said it was committing $306 million toward improving hospital preparedness, early-stage research on therapeutics diagnostics and vaccines. (01/03/2025)
- How Jabil took a hit after exodus of workers living in country illegally - Jabil's experience foreshadows the possible road ahead for companies that rely on staffing agencies to fill jobs at factories, warehouses and distribution centers. (12/23/2024)
- Funding to future-proof: the biggest bakery investments of 2024 - British Baker glances back over the major funding raises and expenditures in the bakery sector over the past 12 months looking to grow businesses in years to come (12/20/2024)
- What Trump tariffs mean for North Carolina's economy - Talk of new tariffs could have an impact in North Carolina, where three countries targeted by the incoming Trump administration are major trading partners. (12/18/2024)
- Sudden Loss of Undocumented Workers Threw Tech Supplier Into Upheaval - Jabil says it required “herculean efforts” to replace employees from a staffing agency. Other businesses are bracing for “an enforcement storm” under President-elect Trump. (12/16/2024)
- Global Spring Steel Industry Analysis, Size, Market share, Growth, Trend and Forecast 2025 - Global Spring Steel Market by Manufacturers, Types, Regions and Application & Forecast ... www.themarketreports.com/report/buy-now/873570 When taking a good look at this report, based on the product, it is evident that the report shows the rate of ... (01/21/2018)
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