Overhead Traveling Crane, Hoist & Monorail System Manufacturing Industry - Market Size, Trends, and Growth - 2025-2030
Industry Overview
This U.S. industry comprises establishments primarily engaged in manufacturing overhead traveling cranes, hoists, and monorail systems. Illustrative Examples: Aerial work platforms manufacturing Automobile wrecker (i.e., tow truck) hoists manufacturing Block and tackle manufacturing Metal pulleys (except power transmission) manufacturing Winches manufacturing
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Overhead Traveling Crane, Hoist and Monorail System Manufacturing 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.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
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 Overhead Traveling Crane, Hoist & Monorail System Manufacturing companies in the United States.
Overhead Traveling Crane, Hoist & Monorail System Manufacturing Revenue by State
Distribution by Company Size
| Company Size | All Industries | Overhead Traveling Crane, Hoist & Monorail System Manufacturing |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Overhead Traveling Crane, Hoist & Monorail System Manufacturing Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| 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
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 Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Overhead Traveling Crane, Hoist & Monorail System Manufacturing industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
Overhead cranes, hoists, and monorail systems | Included |
Hoists |
Hoists, all types |
Chain hand hoists |
Other hoists, powered by electric motor |
Electric wire rope hoists (excluding hand, mine shaft & slope) |
Air or other nonelectric chain hoists, excluding hand |
Air/other nonelec. wire rope hoists (excl. hand/mine shaft/slope) |
Other hoists, not powered by electric motor |
Parts and attachments for hoists (sold separately) |
Salary information for employees working in the Overhead Traveling Crane, Hoist & Monorail System Manufacturing industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 7% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 2% |
| Architecture and Engineering Occupations | 10% |
| Engineers | 7% |
| Office and Administrative Support Occupations | 10% |
| Production Occupations | 52% |
| Assemblers and Fabricators | 17% |
| Assemblers and Fabricators, All Other, Including Team Assemblers | 12% |
| Metal Workers and Plastic Workers | 26% |
| Machinists | 7% |
| Machinists | 7% |
| Welding, Soldering, and Brazing Workers | 6% |
| Welders, Cutters, Solderers, and Brazers | 6% |
| Other Production Occupations | 6% |
Government Contracts
The federal government spent an annual total of
$91,594,966 on the overhead traveling crane, hoist & monorail system manufacturing industry. It has awarded 1,090 contracts to 296 companies, with an average value of $309,442 per company.
Top Companies in Overhead Traveling Crane, Hoist & Monorail System Manufacturing and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
