Industrial Machinery Manufacturing – 2024 U.S. Market Research Report

Publish Date: February 2024

This 63-page market research report provides a comprehensive analysis on the $46.5 billion industrial machinery manufacturing industry in the US. The report has over 100 industry statistical data sets with historicals (2015-2023), trend analysis, and forecasts for 2023 and the next 5 years. The data is sourced from extensive business surveys completed annually by companies in the industrial machinery manufacturing industry.

This report has the in-depth industry insights you are looking for as it covers revenue & cost trends, in-depth OPEX analysis on 26 categories, financial ratio benchmarks, 100+ forecasts, plant inventory analysis, composition of balance sheets, segmentation by business size and structure, industry concentration analysis, material costs analysis, profitability analysis, state benchmarks, plant utilization, employee role analysis, 4 years of inflation analysis, employee pay analysis, employee productivity benchmarks, and a ton more.

Industrial Machinery Manufacturing Report


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Report Format


The 2024 U.S. Industrial Machinery Manufacturing Industry Market Research Report is 63 pages of deep insights into the trends, dynamics, and forecasts shaping the industry. Professionals leverage this report to develop a deep factual understanding of the market for business planning, forecasts, cost reduction initiatives, industry analysis, opportunity analysis, financial analysis, plant performance benchmarking, understanding the market, business valuations, organizational streamlining, sales & marketing initiatives, improving productivity, operational benchmarking, gap analysis, and much more.

Below are a few page images from the report and check out the table of contents for a complete overview.

industrial machinery manufacturing market size chart

Operating expense chart for industrial machinery manufacturing

Industrial Machinery Manufacturing Profit

industrial machinery manufacturing BCG Matrix

Industrial Machinery Manufacturing Factory Capacity Utilization Trend

Industrial Machinery Manufacturing Organizational Breakdown Chart


Industry Definition


This industry group includes companies primarily engaged in manufacturing machinery designed for use in specific manufacturing industries.

NAICS Code: 3332

Total # of Companies: 2,921

Total # of Factories / Facilities: 3,109

Industry Employees: 110,057

Market Size: $46.5 billion

Product Lines Covered


Other industrial machinery manufacturing
Semiconductor machinery manufacturing
Food product machinery manufacturing
Sawmill, woodworking, and paper machinery manufacturing
Printing machinery and equipment manufacturing

Table of Contents


Review the table of contents of the Industrial Machinery Manufacturing Industry Report to appreciate why thousands of professionals, bankers, consultants, accountants, and other executives rely on Kentley Insights for data-rich industry insights.


1-2 – Report Overview & Contents

3 – Industry Overview
– Data Sources & Methodology
– Sector Definition & Examples

4 – Report Synopsis – Revenue & Growth

5 – Report Synopsis – Costs & Profitability

SECTION ONE
REVENUE & GROWTH

7 – Market Size Details
– Industry Revenues, Companies, & Facilities
– Analysis 2015-2023
– 2024 & 2028 Forecasts

8 – Growth Benchmarks
– Sales per Company and Plant
– Analysis 2015-2023
– 2024 & 2028 Forecasts

9 – Product Lines Revenue

10 – BCG Matrix – Income vs. Revenue Growth

11 – Total Industry Sales by Month & Year (2019-2023)

12 – Inventory Value by Month & Year (2019-2023)

13 – Months of Inventory (2019-2023)

14 – Sector Revenue by Segments
– Business Concentration, Size, & Structure

15 – Market Size by State
– Market Size and Rankings

16 – Market Size as a % of State GDP

17 – Industry Sales as a % of State Manufacturing

18 – Industry Segmentation by Business Size

19 – Industry Segmentation by Business Size
– Business Size Segments – 1-4, 5-9, 10-20, 21-50, 51-100, 101-250, & 250+ employees
– Companies, Facilities, Sales, Employees & Payroll

20 – Industry Segmentation by Concentration (Top 50 Companies)
– Concentration Segments – Top 4, 5-8, 9-20, & 21-50 companies
– Companies, Facilities, Sales, Employees & Payroll

21 – Industry Market Share of Top 50 Companies

22 – Subsector Market Share of Top 50 Companies

23 – Industry Segmentation by Business Structure
– Business Structure Segments – C-Corporations, S-Corporations, Partnerships, & Sole Proprietorships
– Companies, Facilities, Sales, Employees & Payroll

24 – Revenue per Company by State

25 – Revenue per Company by Segments

26 – Revenue per Facility by State

27 – Revenue per Facility by Segment

28 – Subsector Market Size & Growth

29 – Subsector Sales per Company & Plant

30 – 5-Year Consolidation Analysis

31 – Employment Consolidation Analysis

32 – Subsector Consolidation Analysis
– Number of Companies & Facilities

33 – Subsector Consolidation Analysis
– Facilities & Employees per Company

SECTION TWO
COST, CAPITAL & FINANCIALS

35 – Profitability & Financial Ratio Analysis

Page 36 – Balance Sheet Metrics
– Assets and Liabilities indexed to industry revenue at 100
– 16 Current & Non-Current Assets Categories
– 15 Short-term, Long-term Liabilities, & Net Worth

37 – OPEX
– Industry OPEX Analysis
– 2015-2023 Trends, 2024 & 2028 Forecasts

38 – OPEX by Company & Plant
– OPEX per Company & Plant
– 2015-2023 Trends, 2024 & 2028 Forecasts

Page 39 – OPEX Detail
– 6 Employee Expense Categories
– 8 Cost of Material Categories
– 6 Buildings and Equipment Categories
– 8 Other Operating Expense Categories
-Inventory Breakdown: finished goods, work-in-progress, materials and supplies

40 – Production Material Costs
– Top Production Material Costs Breakdown
– % of Total Production Material Cost

41 – Producer Pricing Index
– 2015-2023 Trends, 2024 & 2028 Forecasts
– Monthly PPI Figures for the Past 4 Years

42 – Plant Utilization & Hours
– Plant Utilization Rate
– Plant Operational Hours per Week
– 2020-2023 Historical Figures by Quarter

43 – Reasons for Non-Full Production
– 7 Categories Quarterly Survey Results for Past 2 Years

44 – Productivity & Industry Employment
– Revenue per Employee
– Total Industry Employees
– Employees per Company
– 2015-2023 Trends, 2024 & 2028 Forecasts

45 – Employee Productivity by Segments

46 – Employee Productivity by State

47 –Subsector Sales & Payroll per Employee

48 – Industry Payroll
– Payroll per Employee, Company, & Plant
– 2015-2023 Trends, 2024 & 2028 Forecasts

49 – Payroll per Company by Segments

50 – Payroll per Plant by Segments

51 – Payroll per Employee by Segments

52 – Payroll per Employee by State

53 – Employee Composition
– % of Employees for 27 Job Categories

54 – Job Categorization Pay Ranges
– Pay Bands – Bottom 10% & 25%, Mean, Top 25% & 10%

55 – Top 20 Jobs Breakdown

56 – Top 20 Jobs Pay
– Pay Bands

57 – Employees per Company by Segments

58 – Employees per Plant by Segments

59 – Facilities per Company by Segments

60 – Total Employment by State

61 – Population to Every Employee by State

62 – Employees per Facility by State

63 – Overview of Kentley Insights


Methodology & Data Sources


The sources for the report data include federal and private surveys completed by the majority of companies in the industry covering extensive financial and operational topics for the industrial machinery manufacturing industry. The forecasts in the report are modeled by our research analysts using the latest economic forecasts, industry analysis, and historical trends.

Sample Report Download


Click on the image to download a full sample report. The 2024 Industrial Machinery Manufacturing Market Research Report has the same format and data sets.

Wood Kitchen Cabinet Countertop Manufacturing Report

Report Details


Report: Industrial Machinery Manufacturing Industry Market Research Report

Number of Pages: 63

Format: PDF

Price: $295

Support Contact:
Email us at support@kentleyinsights.com
Call us at 1-800-613-3611

Related Reports:
Other Machinery Industrial Manufacturing Market Research Reports
Food Product Machinery Manufacturing
Semiconductor Machinery Manufacturing
Sawmill, Woodworking, and Paper Machinery Manufacturing

Industry Jobs Analyzed


Metal Workers and Plastic Workers
Assemblers and Fabricators
Engineers
Other Production Occupations
Business Operations Specialists
Sales Representatives, Wholesale and Manufacturing
Drafters, Engineering Technicians, and Mapping Technicians
Material Recording, Scheduling, Dispatching, and Distributing Workers
Other Installation, Maintenance, and Repair Occupations
Supervisors of Production Workers
Top Executives
Operations Specialties Managers
Computer Occupations
Financial Clerks
Other Management Occupations
Information and Record Clerks
Material Moving Workers
Secretaries and Administrative Assistants
Other Office and Administrative Support Workers
Financial Specialists

Material Cost Categories


Cost of all other materials and components, parts, containers, and supplies consumed
Materials, ingredients, containers, and supplies, nsk
Misc. fabricated metal products (excluding hardware, containers, screw machine, bearing components, castings, forgings, and wire)
Steel sheet, steel strip, and tin mill products
Semiconductors, including transistors, diodes, rectifiers, and integrated circuits for electronic circuitry, and related devices
Steel bars (including concrete reinforcing bars), bar shapes, and plate (excluding castings, forgings, and fabricated)
Printed circuit assemblies, loaded boards, and modules (printed circuit boards with inserted electronic components)
Electric motors, generators, and parts
Misc. iron, steel, and ferroalloy ingot, shapes, and forms (excluding castings, forgings, bars, structural, wire, sheet, strip)
Iron and steel castings
Aluminum and aluminum-base alloy castings
Fluid power pumps, motors, and hydrostatic transmissions (hydraulic and penumatic), including parts
Metal valves, pipe fittings, and related assemblies (excluding fluid power and forgings)
Nonferrous metal castings (excluding aluminum and aluminum-based alloy)
Steel wire and wire products
Mechanical speed changers, gears, and industrial high-speed drives
Metal bolts, nuts, screws, washers, rivets, and other screw machine products
Metal forgings
All basic organic and inorganic chemicals, excluding petrochemicals
Fluid power hose, tube fittings, valves and assemblies (hydraulic and pneumatic)

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