This 63-page report is packed with insightful data sets and forecasts to give you a comprehensive understanding of the industry including historical and forecasted industry size, growth, product line breakdown, profitability, financial ratios, 31 balance sheet benchmarks, inventory statistics, extensive industry segmentation by concentration, business size, and business structure, market share of top 50 company segments, market size and other statistics by state, plant utilization, BCG matrix, operating expense details on 26 categories, production material cost detail, organizational breakdown, consolidation analysis, employee productivity, inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, facilities, employees, payroll, and much more.
This report is based on extensive business surveys filled out by companies in the industry. Our analysts create the forecasts utilizing historical data, macroeconomic trends, industry dynamics, and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, valuations, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
Review the table of contents to see the data-rich insights which leaders depend on for their market research needs.
Industries in the Computer and Electronic Product Manufacturing subsector group companies that manufacture computers, computer peripherals, communications equipment, and similar electronic products, and companies that manufacture components for such products. The Computer and Electronic Product Manufacturing industries have been combined in the hierarchy of NAICS because of the economic significance they have attained. Their rapid growth suggests that they will become even more important to the economies of all three North American countries in the future, and in addition their manufacturing processes are fundamentally different from the manufacturing processes of other machinery and equipment. The design and use of integrated circuits and the application of highly specialized miniaturization technologies are common elements in the production technologies of the computer and electronic subsector. Convergence of technology motivates this NAICS subsector. Digitalization of sound recording, for example, causes both the medium (the compact disc) and the equipment to resemble the technologies for recording, storing, transmitting, and manipulating data. Communications technology and equipment have been converging with computer technology. When technologically-related components are in the same sector, it makes it easier to adjust the classification for future changes, without needing to redefine its basic structure. The creation of the Computer and Electronic Product Manufacturing subsector will assist in delineating new and emerging industries because the activities that will serve as the probable sources of new industries, such as computer manufacturing and communications equipment manufacturing, or computers and audio equipment are brought together. As new activities emerge, they are less likely therefore, to cross the subsector boundaries of the classification.
Below are a few of the thousands of stats from the 2024 Computer and Electronic Product Manufacturing Market Research Report:
INDUSTRY SIZE
- In 2023, industry sales were $359.9 billion
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INDUSTRY GROWTH
- Over the past 3 years, the industry has grown at an annual rate of 4.4%
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COMPANY GROWTH
- There are 10,530 companies in the industry
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SALES PER FACILITY
- In 2023, the average sales per facility was $30.8 million
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PPI & PRICING
- 2023 PPI growth was 2.8%
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FINANCIAL RATIO BENCHMARKS
- Companies average a Fixed Asset Turnover ratio of 2.5
- Benchmark nine other important financial ratios
PRODUCTIVITY ANALYSIS
- In 2023, employee productivity was $434,217
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EXPENSE BENCHMARKING
- 2.9% of expenses are spent on health insurance
- Benchmark against 24 other expense categories
OPERATING EXPENSES
- In 2023, industry operating expenses grew 1.7%
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PAYROLL
- In 2023, payroll per employee was $102,209
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JOB CATEGORIZATION BENCHMARKS
- 10.8% of employees in the industry are in management positions
- Benchmark against 13 other job categories
JOB CATEGORIZATION PAY RANGES
- The average industry hourly pay for office and administrative jobs is $26.67
- Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay ranges in 14 job categories
Purchase the 63-page 2024 U.S. Market Research Report on Computer and Electronic Product Manufacturing now to unlock the insight from one of the most trusted research firms.
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Methodology
The industry market research reports are based on annual business surveys submitted by companies in the industry covering extensive financial and operating topics such as revenue, costs, labor, profitability, capital, product lines, operations, locations, and wages.
The analysts utilize the historical data from the business surveys as a foundation for forecasts and apply the data to proprietary econometric models that adjust for macro, economic, cyclical, and industry trends and influences.
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