Annual Revenue for Manufacturers of Cars and Planes in the US is about $600 Billion

DUBLIN, Ireland--March 20, 2006--Research and Markets (http://www.researchandmarkets.com/reports/c34545) has announced the addition of Manufacturing Sector - Industry Profile to their offering

The US manufacturing sector consists of about 300,000 companies with combined annual sales of about $4 trillion. Major manufacturers are GM, Ford, GE, IBM, Boeing, Hewlett-Packard, Procter & Gamble, Merck, Motorola, Lucent, and DuPont. Only 6,000 companies have annual sales over $50 million; 64 percent are small businesses with annual sales under $1 million. Although fragmented into many industries served by numerous competitors, the manufacturing sector is heavily concentrated at the top: the largest 50 companies produce more than 25 percent of total sales; the top 200 companies produce more than 40 percent.

Most sales by manufacturing companies are to other manufacturing companies. Profitability depends on efficient and cost-effective manufacturing operations and distribution. Small companies can compete by producing specialized products or selling into niche markets. Large companies have advantages of scale in procurement, production, distribution, and marketing. Average sales per employee vary greatly due to the great variety in size and scale of businesses in this sector.

Major products of the US manufacturing sector include transportation equipment, computers, electronics, food, chemicals, machinery, and products made of metal, plastic, and paper. Annual revenue for manufacturers of cars and planes is about $600 billion; computers and electronics, $450 billion; food, $425 billion; chemicals, $425 billion; machinery, $300 billion; metal products, $250 billion; plastics, $165 billion; and paper, $150 billion.

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