Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals Industry - Market Size, Trends, and Growth - 2025-2030

Industry Overview

This U.S. industry comprises establishments primarily engaged in manufacturing instruments for measuring and testing the characteristics of electricity and electrical signals. Examples of products made by these establishments are circuit and continuity testers, voltmeters, ohm meters, wattmeters, multimeters, and semiconductor test equipment.
Source: U.S. Census Bureau

Market Size and Industry Forecast

This research report analyzes the market size and trends in the Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.

HistoricalForecasted
20202021202220232024202520262027202820292030
Market Size (Total Revenue)

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% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals companies in the United States.

Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesInstrument Manufacturing for Measuring & Testing Electricity & Electrical Signals
Small Business (< 5 Employees)

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Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

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Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

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Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals Industry Product Mix

Product DescriptionDescriptionRevenue
($ Millions)

Electricity and signal testing instruments

Electrical integrating instruments

Test equip for testing electrical/radio/comm circuits/motors

Other instruments to measure electricity

Electricity and signal testing instruments, nsk, total

Electricity & signal testing instruments, nsk, nonadmin-records

Electricity & signal testing instruments, nsk, admin-records


Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals Industry Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations11%

Chief Executives0%
General and Operations Managers2%
Business and Financial Operations Occupations9%
Business Operations Specialists6%
Computer and Mathematical Occupations11%
Computer Occupations11%
Software Developers and Programmers7%
Architecture and Engineering Occupations22%
Engineers16%
Electrical and Electronics Engineers5%
Drafters, Engineering Technicians, and Mapping Technicians5%
Office and Administrative Support Occupations10%
Production Occupations28%
Assemblers and Fabricators17%
Electrical, Electronics, and Electromechanical Assemblers11%
Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers11%
Miscellaneous Assemblers and Fabricators5%
Assemblers and Fabricators, All Other, Including Team Assemblers5%
Metal Workers and Plastic Workers5%

Government Contracts

The federal government spent an annual total of $343,743,751 on the instrument manufacturing for measuring & testing electricity & electrical signals industry. It has awarded 4,978 contracts to 899 companies, with an average value of $382,362 per company.

Top Companies in Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals and Adjacent Industries

CompanyAddressRevenue
($ Millions)





Order the Report on Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals
PublisherPell Research
GeographyUnited States
Publication DateMarch 2025
Report FormatPDF Download  PDF
Price

Instrument Manufacturing for Measuring & Testing Electricity & Electrical Signals Report Contents
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