The 2022 Spring and Wire Product Manufacturing Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2013-2026. This report includes updated data and forecasts due to the economic impact of COVID-19.
This Kentley Insights report includes historical and forecasted industry size, growth, product line breakdown, profitability, financial ratios, plant utilization, BCG matrix, statistics by state, operating expense details, cost of materials and inventory, 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 industry group includes companies primarily engaged in (1) manufacturing steel springs by forming, such as cutting, bending, and heat winding, metal rod or strip stock and/or (2) manufacturing wire springs and fabricated wire products from wire drawn elsewhere (except watch and clock springs).
This 37-page report is based on extensive business surveys filled out by companies in the industry. 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 have come to depend on for their research, strategic, and benchmarking needs.
Below are a few of the hundreds of stats from the 2022 Spring and Wire Product Manufacturing Market Research Report:
INDUSTRY SIZE
In 2021, industry sales were $10.3 billion
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INDUSTRY GROWTH
Over the past 3 years, the industry has grown at an annual rate of 1%
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COMPANY GROWTH
There are 994 companies in the industry
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SALES PER FACILITY
In 2021, the average sales per facility was $9.0 million
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PPI & PRICING
2021 PPI growth was 9.2%
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FINANCIAL RATIO BENCHMARKS
Companies average a Fixed Asset Turnover ratio of 2.1
Benchmark nine other important financial ratios
PRODUCTIVITY ANALYSIS
In 2021, employee productivity was $256,296
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EXPENSE BENCHMARKING
2.8% of expenses are spent on health insurance
Benchmark against 24 other expense categories
OPERATING EXPENSES
In 2021, industry operating expenses grew 9.6%
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PAYROLL
In 2021, payroll per employee was $52,695
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PAYROLL BY STATE
California averages $40,140 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
6.3% 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 $19.02
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 2022 U.S. Market Research Report on Spring and Wire Product Manufacturing now to unlock the insight from one of the most trusted research firms.
- Spring and Wire Product Manufacturing Report Overview
- Industry Overview
- Methodology
- Industry Definition & Profile
- Revenue & Growth Snapshot
- Costs & Profitability Snapshot
- Industry Performance
- Trend Analysis from to
- Forecast
- -Year Forecast
- Total Revenue / Sales
- Number of Companies
- Number of Facilities
- Breakdown of Product Lines
- Percentage of Revenue from Top Product Lines
- Growth Benchmarks
- Trends from to
- Forecasts for and the Next Years
- Revenue per Company
- Revenue per Facility
- Facilities per Company
- Plant Metrics
- Utilization
- Hours
- by Quarter
- BCG Matrix
- Income vs. Revenue Growth Matrix
- Manufacturing Subsectors vs. Industry
- State Statistics
- Revenue per Employee and State Rankings
- Number of Employees and State Rankings
- Sales as a % of Manufacturing and State Rankings
- Sales as a Percent of GDP by State
- Sales per Facility and State Rankings
- Payroll per Employee and State Rankings
- Pricing & PPI
- Annual PPI - Indexed to
- Trends from to
- Forecasts for and the Next Years
- Seasonal Monthly PPI Figures for the Past Years
- Profitability & Financial Ratio Analysis
- Percent of Companies that are Profitable
- Average Net Income as a Percent of Revenue
- 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
- Workforce Breakdown (% of Employees)
- Operations & Production
- Management & Finance
- Sales & Marketing
- IT & Engineering
- Service, Support & Training
- Operating Expense Detail
- Employee Expenses
- Annual Payroll
- Health insurance
- Defined benefit pension plans
- Defined contribution plans
- Other fringe benefits
- Contract labor costs, incl. temporary help
- Cost of Materials
- Cost of materials, containers, packaging, etc.
- Cost of electricity and fuels
- Cost of contract work
- Building and Equipment
- Capex for machinery and equipment
- Capex for buildings and structures
- Rental or lease
- Repair and maintenance
- Refuse Removal
- IT Expenses
- Data processing & other computer services
- Communication services
- Miscellaneous Expenses
- Advertising and promotional services
- Professional and technical Manufacturing
- Taxes and license fees
- Other Operating Expenses
- Industry Operating Expenses
- Industry Operating Expenses
- Industry Revenue vs. Operating Expense Growth
- Operating Expense as a Percent of Revenue
- Operating Expenses per Company
- Operating Expenses per Facility
- Revenue vs. Expenses Growth per Facility
- Trends from to
- Forecasts for and the Next Years
- Productivity & Industry Employment
- Trends from to
- Forecasts for and the Next Years
- Revenue per Employee
- Total Industry Employees
- Employees per Company
- Consolidation Analysis
- Number of Companies by Business Size
- Number of Facilities by Business Size
- Facilities per Company by Business Size
- versus
- Employment by Business Size
- Number of Employees by Business Size
- Employees per Company by Business Size
- Employees per Facility by Business Size
- versus
- Manufacturing Subsector Benchmarking Analysis
- Sales and -Year CAGR
- Number of Companies
- Number of Facilities
- Facilities per Company
- Employees per Company
- Industry Payroll
- Payroll per Employee
- Payroll per Company
- Payroll per Facility
- Trends from to
- Forecasts for and the Next Years
- Payroll by Business Size
- Payroll per Company
- Payroll per Facility
- Payroll per Employee
- versus
- Job Categorization Pay Ranges
- Management & Finance
- Sales & Marketing
- IT & Engineering
- Service & Support
- Operations & Production
- Pay Bands - Bottom % & %, Mean, Top % & %
- Top Jobs Breakdown
- Percent of Total Employees
- Pay Bands - Bottom % & %, Mean, Top % & %
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