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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 | ||
Key Private Companies | ||
Government Vendors | ||
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2024 U.S. Industry Statistics & Market Forecast - Household Appliances and Electrical and Electronic Goods Merchant Wholesalers
Market Size & Industry Statistics
The total U.S. industry market size for Household Appliances and Electrical and Electronic Goods Merchant Wholesalers:
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
Major trends affect the Household Appliances and Electrical and Electronic Goods Merchant Wholesalers industry include:- Increasing demand for advanced electronics and components due to technological innovation
- Shift towards eco-friendly and sustainable products
- Rising importance of e-commerce channels
- Global supply chain disruptions impacting availability and costs
- Heightened competition from manufacturers selling directly to consumers
- Growing need for specialized technical support and value-added services
- Enhanced focus on cybersecurity for networked devices and systems
- Adoption of artificial intelligence and machine learning for inventory and supply chain management
- Expansion into new markets, particularly in developing regions
- Increasing regulatory pressures related to electronic waste and recycling mandates
Product & Services Breakdown
Research products and services in the Household Appliances and Electrical and Electronic Goods Merchant Wholesalers industry generating sales. Note that products are broken into categories with different levels of classification.Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
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Industry Total |
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New And Rebuilt Automotive And Trailer Parts And Supplies |
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Photographic Equipment And Supplies |
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Office Equipment, Excluding Computers |
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New Computer Equipment |
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Computers |
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Computer Storage Devices |
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Other Computer Peripheral Equipment |
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Packaged Computer Software, Including Pc Game Software But Excluding Cartridges And DVD Games For Video-Game Consoles |
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Semi-Finished Iron And Steel Products |
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Iron And Steel Pipes And Tubing |
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Standard Steel Pipes |
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Electrical Apparatus And Equipment |
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Power And Distribution Transformers, Unit Substation |
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Switchgear And Switchboard Apparatus |
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Electric Motors And Generators, Including Motor-Generator Sets, Excluding Parts And Supplies |
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Conduit, Raceway, And Fittings |
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Electric Light Bulbs |
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Interior Wiring, Excluding Conduit |
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Exterior Wiring And Cables, Excluding Conduit |
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Lighting Fixtures |
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Industrial Controls, Excluding Electrical Transmission Equipment |
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Other Electrical Apparatus And Equipment, Including Alarm Systems, Fuses, And Lightning Rods |
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Parts And Supplies For Electric Motors And Generators |
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Electrical Transmission Equipment |
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Batteries, Except Automotive |
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Electric And Gas Household Appliances, Excluding Plumbing |
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Televisions |
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Audio Equipment, Including Radios, Stereos, CD Players, And Speakers |
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DVD Players, Vcrs, And Video Cameras |
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Electric Household Ranges And Ovens |
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Household Refrigerators And Freezers |
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Electric And Gas Household Washing Machines And Dryers |
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Household Vacuum Cleaners And Sewing Machines |
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Other Small Electric Household Appliances |
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Car Stereos, Tape Players, And CD Players |
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Gas Household Ranges And Ovens |
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Dishwashers |
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Electronic Parts And Equipment, Excluding Communications Equipment |
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Integrated Circuits |
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Capacitors And Resistors |
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Semiconductors |
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Electronic Connectors And Other Passive Electronic Parts |
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Other Electronic Parts And Equipment |
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Communications Equipment And Supplies |
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Telephones, Including Wireless Phones |
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Other Communications Equipment |
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Hardware |
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Plumbing And Hydronic Heating Equipment And Supplies, Including Gas Plumbing Appliances And Water Heaters |
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Forced-Air Heating And Air-Conditioning Equipment And Supplies |
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Refrigeration Equipment And Supplies, Including Commercial Refrigerators |
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General-Purpose Industrial Machinery, Equipment, And Parts |
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Materials Handling Machinery, Equipment, And Parts |
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Service Receipts And Labor Charges, Including Installed Parts |
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Labor Charges For Repair Work |
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Parts Installed In Repair Work |
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Other Service Receipts And Labor Charges |
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Receipts For Service Contracts |
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Receipts For Installing Equipment |
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Miscellaneous Commodities |
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Rental And Operating Lease Receipts |
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 Household Appliances and Electrical and Electronic Goods Merchant Wholesalers 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 Household Appliances and Electrical and Electronic Goods Merchant Wholesalers 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 Household Appliances and Electrical and Electronic Goods Merchant Wholesalers 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 | 10% | Order at top of page |
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Chief Executives | 0% | |||
General and Operations Managers | 5% | |||
Business and Financial Operations Occupations | 7% | |||
Business Operations Specialists | 5% | |||
Sales and Related Occupations | 23% | |||
Sales Representatives, Wholesale and Manufacturing | 16% | |||
Sales Representatives, Wholesale and Manufacturing | 16% | |||
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | 13% | |||
Office and Administrative Support Occupations | 16% | |||
Installation, Maintenance, and Repair Occupations | 11% | |||
Production Occupations | 6% | |||
Transportation and Material Moving Occupations | 20% | |||
Motor Vehicle Operators | 6% | |||
Driver/Sales Workers and Truck Drivers | 6% | |||
Material Moving Workers | 12% | |||
Laborers and Material Movers | 11% | |||
Laborers and Freight, Stock, and Material Movers, Hand | 6% |
Household Appliances and Electrical and Electronic Goods Merchant Wholesalers Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Household Appliances and Electrical and Electronic Goods Merchant Wholesalers 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 Household Appliances and Electrical and Electronic Goods Merchant Wholesalers 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 Household Appliances and Electrical and Electronic Goods Merchant Wholesalers industry. |
Innovation News
- Jun 13, 2024: Wesco Distribution patents Cable With Fabric Sleeve And Its Method Of Manufacture
- Jun 13, 2024: Dish Network patents Systems And Methods For A Computer Network Security Manager
- Jun 13, 2024: June Life patents Smart Cooking Appliance
- Jan 30, 2024: Ramco Innovations trademarks "RAMCO INNOVATIONS" - Engineering services in the field of automation systems and controls; Consulting services in the field of automation systems and controls; Consulting services in the field of automation equipment and systems; Distribution services in the field of automation equipment and systems; Installation of automation equipment and systems; Design of automation equipment and systems; Custom design of automation equipment and systems; Engineering services in the field of robotics; Consulting services in the field of robotics; Distribution services in the field of robotics; Installation of robotics equipment and systems; Design of robotic equipment and systems; Custom design of robotics equipment and systems; Engineering services in the field of design, selection, implementation and use of computer hardware and software systems for use in manufacturing processes and automation systems; Consulting services in the field of design, selection, implementation and use of computer hardware and software systems for use in manufacturing processes and automation systems; Distribution services in the field of computer hardware and software systems for use in manufacturing processes and automation systems; Installation of computer hardware and software systems for use in manufacturing processes and automation systems; Design of design, selection, implementation and use of computer hardware and software systems for use in manufacturing processes and automation systems; Custom design of computer hardware and software systems for use in manufacturing processes and automation systems; Automation services
- Jan 30, 2024: Ramco Innovations trademarks "R" - Engineering services in the field of automation systems and controls; Consulting services in the field of automation systems and controls; Consulting services in the field of automation equipment and systems; Distribution services in the field of automation equipment and systems; Installation of automation equipment and systems; Design of automation equipment and systems; Custom design of automation equipment and systems; Engineering services in the field of robotics; Consulting services in the field of robotics; Distribution services in the field of robotics; Installation of robotics equipment and systems; Design of robotic equipment and systems; Custom design of robotics equipment and systems; Engineering services in the field of design, selection, implementation and use of computer hardware and software systems for use in manufacturing processes and automation systems; Consulting services in the field of design, selection, implementation and use of computer hardware and software systems for use in manufacturing processes and automation systems; Distribution services in the field of computer hardware and software systems for use in manufacturing processes and automation systems; Installation of computer hardware and software systems for use in manufacturing processes and automation systems; Design of design, selection, implementation and use of computer hardware and software systems for use in manufacturing processes and automation systems; Custom design of computer hardware and software systems for use in manufacturing processes and automation systems; Automation services
- Jan 29, 2024: Ramco Innovations trademarks "RAMCO" - Engineering services in the field of automation systems and controls; Consulting services in the field of automation systems and controls; Consulting services in the field of automation equipment and systems; Distribution services in the field of automation equipment and systems; Installation of automation equipment and systems; Design of automation equipment and systems; Custom design of automation equipment and systems; Engineering services in the field of robotics; Consulting services in the field of robotics; Distribution services in the field of robotics; Installation of robotics equipment and systems; Design of robotic equipment and systems; Custom design of robotics equipment and systems; Engineering services in the field of design, selection, implementation and use of computer hardware and software systems for use in manufacturing processes and automation systems; Consulting services in the field of design, selection, implementation and use of computer hardware and software systems for use in manufacturing processes and automation systems; Distribution services in the field of computer hardware and software systems for use in manufacturing processes and automation systems; Installation of computer hardware and software systems for use in manufacturing processes and automation systems; Design of design, selection, implementation and use of computer hardware and software systems for use in manufacturing processes and automation systems; Custom design of computer hardware and software systems for use in manufacturing processes and automation systems; Automation services
- May 19, 2023: Integrated Biometrics raises $1 million in funding.
- Dec 30, 2022: Mobile reCell raises $3 million in funding.
- Aug 08, 2022: Revair raises $3 million in funding.
Recent Federal Contracts for Household Appliances and Electrical and Electronic Goods Merchant Wholesalers
- Apr 02, 2024: SMARTNET, INC. (Leesburg, VA) awarded $19,721
- Apr 02, 2024: NATIONWIDE POWER SOLUTIONS INC (Henderson, NV) awarded $10,965
- Apr 02, 2024: ELECTRICAL EQUIPMENT CO (Raleigh, NC) awarded $19,050
- Apr 01, 2024: MISCELLANEOUS FOREIGN AWARDEES (Washington, DC) awarded $20,919
- Mar 28, 2024: CD & T LOGISTICS INC. (Smithville, MO) awarded $55,970
- Mar 27, 2024: WIREDZONE.COM INC. (Doral, FL) awarded $60,750