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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.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2019        2020        2021        2022        2023
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



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
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

Major trends affect the Household Appliances and Electrical and Electronic Goods Merchant Wholesalers industry include:
  1. Increasing demand for advanced electronics and components due to technological innovation
  2. Shift towards eco-friendly and sustainable products
  3. Rising importance of e-commerce channels
  4. Global supply chain disruptions impacting availability and costs
  5. Heightened competition from manufacturers selling directly to consumers
  6. Growing need for specialized technical support and value-added services
  7. Enhanced focus on cybersecurity for networked devices and systems
  8. Adoption of artificial intelligence and machine learning for inventory and supply chain management
  9. Expansion into new markets, particularly in developing regions
  10. 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 DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

New And Rebuilt Automotive And Trailer Parts And Supplies

Photographic Equipment And Supplies

Office Equipment, Excluding Computers

New Computer Equipment

Computers

Computer Storage Devices

Other Computer Peripheral Equipment

Packaged Computer Software, Including Pc Game Software But Excluding Cartridges And DVD Games For Video-Game Consoles

Semi-Finished Iron And Steel Products

Iron And Steel Pipes And Tubing

Standard Steel Pipes

Electrical Apparatus And Equipment

Power And Distribution Transformers, Unit Substation

Switchgear And Switchboard Apparatus

Electric Motors And Generators, Including Motor-Generator Sets, Excluding Parts And Supplies

Conduit, Raceway, And Fittings

Electric Light Bulbs

Interior Wiring, Excluding Conduit

Exterior Wiring And Cables, Excluding Conduit

Lighting Fixtures

Industrial Controls, Excluding Electrical Transmission Equipment

Other Electrical Apparatus And Equipment, Including Alarm Systems, Fuses, And Lightning Rods

Parts And Supplies For Electric Motors And Generators

Electrical Transmission Equipment

Batteries, Except Automotive

Electric And Gas Household Appliances, Excluding Plumbing

Televisions

Audio Equipment, Including Radios, Stereos, CD Players, And Speakers

DVD Players, Vcrs, And Video Cameras

Electric Household Ranges And Ovens

Household Refrigerators And Freezers

Electric And Gas Household Washing Machines And Dryers

Household Vacuum Cleaners And Sewing Machines

Other Small Electric Household Appliances

Car Stereos, Tape Players, And CD Players

Gas Household Ranges And Ovens

Dishwashers

Electronic Parts And Equipment, Excluding Communications Equipment

Integrated Circuits

Capacitors And Resistors

Semiconductors

Electronic Connectors And Other Passive Electronic Parts

Other Electronic Parts And Equipment

Communications Equipment And Supplies

Telephones, Including Wireless Phones

Other Communications Equipment

Hardware

Plumbing And Hydronic Heating Equipment And Supplies, Including Gas Plumbing Appliances And Water Heaters

Forced-Air Heating And Air-Conditioning Equipment And Supplies

Refrigeration Equipment And Supplies, Including Commercial Refrigerators

General-Purpose Industrial Machinery, Equipment, And Parts

Materials Handling Machinery, Equipment, And Parts

Service Receipts And Labor Charges, Including Installed Parts

Labor Charges For Repair Work

Parts Installed In Repair Work

Other Service Receipts And Labor Charges

Receipts For Service Contracts

Receipts For Installing Equipment

Miscellaneous Commodities

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.

U.S. map by state

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

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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
 
Source: AnythingResearch Analysis of U.S. federal statistics




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 RatiosIndustry 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 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.
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 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 RatiosIndustry 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.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry 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
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
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.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 10%

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Chief Executives0%
General and Operations Managers5%
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%
Source: Bureau of Labor Statistics


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.
Source:
IncFact




Innovation News



Recent Federal Contracts for Household Appliances and Electrical and Electronic Goods Merchant Wholesalers

  • Apr 02, 2024: ELECTRICAL EQUIPMENT CO (Raleigh, NC) awarded $19,050
  • Apr 02, 2024: SMARTNET, INC. (Leesburg, VA) awarded $19,721
  • Apr 02, 2024: NATIONWIDE POWER SOLUTIONS INC (Henderson, NV) awarded $10,965
  • 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




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