December 2022 Edition
Updated COVID-19 & Recession Industry Statistics & Forecasts
The 2023 U.S. Conveyor and Conveying Equipment Manufacturing Industry Market Research Report is the most comprehensive data-rich report on the industry with statistical data sets covering industry market size, growth, revenue & cost trends, expenses, balance sheet benchmarking, production material costs, profitability, productivity, financial ratios, statistics by state, workforce stats, product lines, plant utilization, workforce composition, inflation, compensation, and much more. This data-rich industry market research report utilizes extensive business surveys as the foundation for over 100 industry data sets with historicals (2014-2022), trend analysis, and forecasts for 2023 and the next 5 years.
This industry market research report is utilized by professionals for strategic planning, evaluating industries, market analysis and sizing, identifying growth and cost opportunities, finanical benchmarking, forecasting, valuations, streamlining expenses, workforce optimization, improving productivity, statistical gap analysis, and much more.
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Report Format
The 2023 U.S. Conveyor and Conveying Equipment Manufacturing Industry Market Research Report is 39 pages of deep insights into the trends, dynamics, and forecasts shaping the industry. Below are a few page images from the report and check out the table of contents for a complete overview of the included industry statistics.
Conveyor and Conveying Equipment Manufacturing Industry Composition
This U.S. industry includes companies primarily engaged in manufacturing conveyors and conveying equipment, such as gravity conveyors, trolley conveyors, tow conveyors, pneumatic tube conveyors, carousel conveyors, farm conveyors, and belt conveyors.
Select Industry Statistics
Below are a few of the hundreds of industry statistics in the 2023 Conveyor and Conveying Equipment Manufacturing Industry Market Research Report:
MARKET SIZE
In 2022, the industry market size was $13.5 billion
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INDUSTRY GROWTH
3-year industry growth rate was 9.4%
Purchase now for historical and forecasted growth rates
COMPANY GROWTH
There are 689 companies in the industry
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BALANCE SHEET BENCHMARKS
Companies average 45.4 days of cash / AR on hand
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FACILITY PRODUCTIVITY
In 2022, revenue per facility was $18.1 million
Download for historical and forecasted sales per company
PRODUCER PRICE INDEX
2022 PPI growth was 15.2%
Get 2014-2022 statistics, and 2023 & 5-year forecasts
FINANCIAL RATIOS
The average Fixed Asset Turnover ratio is 3.21
Benchmark nine other financial ratios
In 2022, revenue per employee was $347,105
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EXPENSE ANALYSIS
2.8% of expenses are spent on health insurance
Statistics on 24 other OPEX categories
OPERATING EXPENSES
In 2022, industry operating expenses grew 17.8%
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WAGE ANALYSIS
In 2022, wage per employee was $75,208
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JOB CATEGORIZATION BENCHMARKS
6.9% of employees in the industry are in management
Benchmark against 13 other job categories
JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $19.8
Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay ranges in 14 job categories
The above highlights represent a small fraction of what you will find in this report.
Purchase the 2023 U.S. Market Research Report on Conveyor and Conveying Equipment Manufacturing now to unlock the insight from one of the most trusted research firms.
Table of Contents
Thousands of bankers, consultants, accountants, management teams, investors, entrepreneurs, and other professionals depend on Kentley Insights’ industry market research. Review the table of contents below to understand the extensive statistical data sets in this report.
1-2 – Report Overview & Table of Contents
3 – Industry Overview
– Methodology
– Industry Definition & Examples
4 – Industry Snapshot – Revenue & Growth
5 – Industry Snapshot – Costs & Profitability
SECTION ONE
REVENUE & GROWTH BENCHMARKS
7 – Industry Growth Details
– Industry Revenues
– Companies
– Facilities
– 2014-2022 Historical Figures
– Forecasts for 2023 and the Next 5 Years
8 – Growth Benchmarks
– Revenues per Company
– Revenues per Facility
– Facilities per Company
– 2014-2022 Historical Figures
– Forecasts for 2023 and the Next 5 Years
9 – Breakdown of Product Lines
– Percentage of Revenue from Product Lines
10 – Manufacturing Subsector Growth
– Sales and 5-Year CAGR
11 – Income vs. Revenue Growth Matrix
– Manufacturing Subsectors vs. Industry
12 – Revenue as a % of State GDP
– Sales as a Percentage and State Rankings
13 – Industry Revenue as a % of State Manufacturing
– Sales as a % of Income and State Rankings
14 – Sales per Company by State
– Sales per Company and State Rankings
15 – Producer Pricing Index
– Annual PPI – Indexed to 2006
– 2014-2022 Historical Figures
– Forecasts for 2023 and the Next 5 Years
– Monthly PPI Figures for the Past 4 Years
16 – Consolidation Analysis
– Number of Companies by Size of Company
– Number of Facilities by Size of Company
– Facilities per Company by Size of Company
– 2012 versus 2022
17 – Employment by Company Size
– Number of Employees by Company Size
– Employees per Company by Size of Company
– Employees per Facility by Size of Company
– 2012 versus 2022
18 – Manufacturing Subsector Consolidation Analysis
– Number of Companies
– Number of Facilities
– 5-Year CAGR
19 – Manufacturing Subsector Consolidation Analysis
– Facilities per Company
– Employees per Company
– 5-Year CAGR
SECTION TWO
COST, CAPITAL & PROFIT BENCHMARKS
21 – Profitability & Financial Ratio Analysis
– Percent of Companies that are Profitable
– Average Net Income as a Percent of Revenue
– Financial Ratios – 10 ratios, Total Asset Turnover, Fixed Asset Turnover, Fixed Assets to Total Assets Ratio, Total Assets to Total Liabilities Ratio, Return on Sales, Return on Total Assets, Return on Net Worth, Total Liabilities to Net Worth Ratio, Fixed Assets to Net Worth Ratio, Solvency Ratio
Page 22 – Balance Sheet Metrics
– Assets and Liabilities indexed to industry revenue at 100
– Current & Non-Current Assets: Cash, Notes & Accounts Receivable, Allowance for Bad Debts, Inventories, Treasuries & Securities, Other Current Assets, Loans to Shareholders / Mortgage, Other Investments, Depreciable Assets, Accumulated Depreciation, Land, Intangible Assets (Amortizable), Accumulated Amortization, Other Assets
– Short-term, Long-term Liabilities, & Net Worth: Accounts Payable, Mortgages, Notes, Bonds due in less than 1 Yr., Other Current Liabilities, Loans from Shareholders, Mortgages, Notes, Bonds > 1 Yr., Other Liabilities, Capital Stock, Additional Paid-in Capital, Retained Earnings, Cost of Treasury Stock
23 – Operating Expenses
– Industry Operating Expenses
– Industry Revenue vs. Operating Expense Growth
– Operating Expense as a Percent of Revenue
– 2014-2022 Historical Figures
– Forecasts for 2023 and the Next 5 Years
24 – Operating Expenses by Company & Facility
– Operating Expenses per Company
– Operating Expenses per Facility
– Revenue vs. Expenses Growth per Facility
– 2014-2022 Historical Figures
– Forecasts for 2023 and the Next 5 Years
Page 25 – Operating Expense Detail
– Employee Expenses: Annual Payroll, Health insurance, Defined benefit pension plans, Defined contribution plans, Other fringe benefits, Temporary staff
– Cost of Materials: Cost of materials, parts, containers, packaging, etc., Cost of resale, Cost of electricity and fuels, Cost of contract work
– Buildings and Equipment: Capex for machinery and equipment, Rental or lease for machinery and equipment, Capex for buildings and structures, Rental or lease for buildings and structures, Repair and maintenance of buildings and machinery
– Other Operating Expenses: Professional and technical services, IT software and hardware, Data processing and communications, Advertising, Refuse removal, Taxes and license fees, All other operating expenses
-Inventory Breakdown: Inventory (as a % of total receipts), Finished goods inventory, Work-in-progress inventory, Materials and supplies inventory
26 – Production Material Costs
– Top Production Material Costs Breakdown
– % of Total Production Material Cost
27 – Plant Utilization & Hours
– Plant Utilization Rate
– Plant Operational Hours per Week
– 2019-2022 Historical Figures by Quarter
28 – Productivity & Industry Employment
– Revenue per Employee
– Total Industry Employees
– Employees per Company
– 2014-2022 Historical Figures
– Forecasts for 2023 and the Next 5 Years
29 – Employee Productivity by State
– Revenue per Employee and State Rankings
30 – Industry Payroll
– Payroll per Employee
– Payroll per Company
– Payroll per Facility
– 2014-2022 Historical Figures
– Forecasts for 2023 and the Next 5 Years
31 – Payroll by Size of Company
– Payroll per Company
– Payroll per Facility
– Payroll per Employee
– 2012 versus 2022
32 – Payroll per Employee by State
– Payroll per Employee and State Rankings
33 – Job Categorization Benchmarks
– Management & Finance
– Sales & Marketing
– Technology, Engineering, Science
– Service, Support & Training
– Operations
– Percent of Industry Employees
34 – Job Categorization Pay Ranges
– Management & Finance
– Sales, Service & Marketing
– Operations
– Pay Bands – Bottom 10% & 25%, Mean, Top 25% & 10%
35 – Top 20 Jobs Breakdown
– Percent of Total Employees
36 – Top 20 Jobs Pay
– Pay Bands – Bottom 10% & 25%, Mean, Top 25% & 10%
37 – Total Employment by State
– Number of Employees and State Rankings
38 – Population to Every Employee by State
– Number of Residents to Industry Employee
– State Rankings
39 – Overview of Kentley Insights
Data Source & Forecast Methodology
For this report, the core data is sourced from comprehensive business, operational, and economic surveys conducted by government and private institutions and filled out by a statistically significant number of companies in the
Conveyor and Conveying Equipment Manufacturing industry. Our analysts develop the forecasts utilizing econometric models based on historical statistical analysis, industry trends and dynamics, macroeconomic analysis & forecasts.
Download a Sample Report
Below is a free sample report download. Click on the image to download. The 2023 Conveyor and Conveying Equipment Manufacturing Market Research Report will have the same format and data sets.
Product Lines Analyzed
Unit handling conveyors and conveying systems (excluding hoists and farm elevators)
Bulk material handling conveyors and conveying systems
Parts, attachments, and accessories for bulk material handling conveyors and conveying systems (sold separately)
Parts, attachments, and accessories for unit handling conveyors and conveying systems (sold separately)
Conveyor and conveying equipment manufacturing, nsk, total
Industry Jobs Analyzed
Metal Workers and Plastic Workers
Assemblers and Fabricators
Engineers
Other Production Occupations
Material Recording, Scheduling, Dispatching, and Distributing Workers
Other Installation, Maintenance, and Repair Occupations
Sales Representatives, Wholesale and Manufacturing
Business Operations Specialists
Supervisors of Production Workers
Drafters, Engineering Technicians, and Mapping Technicians
Material Moving Workers
Operations Specialties Managers
Information and Record Clerks
Top Executives
Financial Clerks
Computer Occupations
Other Office and Administrative Support Workers
Secretaries and Administrative Assistants
Financial Specialists
Other Management Occupations
Material Cost Categories
Materials, ingredients, containers, and supplies, nsk
Cost of all other materials and components, parts, containers, and supplies consumed
Steel sheet, steel strip, and tin mill products
Rubber and plastics hose and belting
Relays and industrial controls
Electric motors, generators, and parts
Steel structural shapes and sheet piling (excluding castings, forgings, and fabricated metal products)
Steel bars (including concrete reinforcing bars), bar shapes, and plate (excluding castings, forgings, and fabricated)
Misc. iron, steel, and ferroalloy ingot, shapes, and forms (excluding castings, forgings, bars, structural, wire, sheet, strip)
Antifriction bearing components and parts (balls, rollers, cages, collars, races, etc.)
Mechanical power transmission equipment
Metal bolts, nuts, screws, washers, rivets, and other screw machine products
Mechanical speed changers, gears, and industrial high-speed drives
Iron and steel castings
Fluid power hose, tube fittings, valves and assemblies (hydraulic and pneumatic)
Fluid power pumps, motors, and hydrostatic transmissions (hydraulic and penumatic), including parts
Switchgear and switchboard apparatus
Report & Industry Details
NAICS Code: 333922
Number of Pages: 39
Format: PDF
Price: $295
Support Contact: support@kentleyinsights.com or call us at 1-800-613-3611 Monday-Friday from 8am-5pm Mountain Standard Time
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About Kentley Insights
Kentley Insights is the leader in data-rich market research with coverage of over 1200 industries and 2000+ product markets. All of the top consulting firms, banks, private equity firms, and many of the Fortune 1000 depend on Kentley Insights for their in-depth industry analytics, data, and forecasts.
Kentley Insights provides professionals around the globe with comprehensive, timely, and data-driven market research reports. Our analysts know what professionals are looking for in industry market research, with backgrounds at McKinsey, Morgan Stanley, Oliver Wyman, and other leading companies.
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