This statistic shows the top ten industries of high-growth companies in the United States as of 2016. In 2016, about 13.1 percent of U.S.-based high-growth companies were specialized in information technology services.

The size of the North America Industrial Manufacturing Industry market was valued at USD 58.35 Million in 2023 and is projected to reach USD 91.39 Million by 2032, with an expected CAGR of 6.62% during the forecast period. The North American industrial manufacturing industry is a cornerstone of economic growth, driving innovation and productivity across sectors. This industry encompasses a wide range of operations, including automotive, aerospace, electronics, machinery, and chemicals, each adapting to changing market demands and technological advancements. As of recent years, digital transformation has become pivotal, with companies increasingly adopting Industry 4.0 technologies like the Internet of Things (IoT), artificial intelligence (AI), robotics, and big data analytics. These innovations are enabling manufacturers to enhance efficiency, reduce costs, and improve production flexibility. A significant trend is the shift towards sustainable practices and renewable energy sources, partly driven by regulatory pressures and the growing emphasis on corporate social responsibility (CSR). Manufacturers are focusing on energy-efficient processes, circular economy principles, and low-emission manufacturing, aiming to meet environmental, social, and governance (ESG) standards. The supply chain disruptions, especially during the COVID-19 pandemic, underscored the need for resilience and prompted investments in supply chain diversification, automation, and local sourcing to mitigate risks. Recent developments include: June 2023: Honeywell, an American global company, and LG CNS are collaborating further to increase smart factories' production efficiency and security. Through this collaboration, the two companies will expand cooperation in building smart factories at home and abroad and strengthen OT (Operating Technology) security, which monitors the production process in real-time and remotely controls facilities., March 2023: LG Energy Solution announced an investment of around KRW 7.2 trillion (USD 5.5 billion) in building a battery manufacturing hub in Queen Creek, Arizona. This hub will include two facilities: one for making cylindrical batteries for electric vehicles (EVs) and another for producing lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS)., October 2022: Emerson announced the evolution of Plantweb, a digital ecosystem incorporating the AspenTech portfolio of asset optimization software powered by industrial artificial intelligence, creating the industry's most comprehensive digital transformation portfolio. Moreover, its Plantweb digital ecosystem, optimized by AspenTech, enables industrial manufacturers across all sectors to "See, Decide, Act, and Optimize" their operations.. Key drivers for this market are: Increasing Demand for Automation to Achieve Efficiency and Quality, Need for Compliance and Government Support for Digitization; Proliferation of Internet of Things. Potential restraints include: Concerns Regarding Data Security, High Initial Installation Costs and Lack of Skilled Workforce Preventing Enterprises from Full-scale Adoption. Notable trends are: Robotics is Expected to Witness Significant Growth.

In 2024, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 21.2 percent. The construction industry contributed around four percent of GDP in the same year.

Between 2019 and 2023, oil and gas explorers and producers logged the highest total revenue worldwide, reaching 5.3 trillion U.S. dollars. Life and health insurance carriers followed behind.

As of January 2024, the most profitable industry in the United States was money center banking, with a profit margin of 30.89 percent. The profit margin of the regional banking was not too far off, with a net profit margin of 29.67.

Graph and download economic data for Industrial Production: Manufacturing: Durable Goods: Major Appliance (NAICS = 33522) (IPG33522NQ) from Q1 1972 to Q1 2025 about major, appliances, IP, durable goods, production, goods, industry, indexes, and USA.

Graph and download economic data for Number of Private Establishments for All Industries in Big Horn County, WY (ENU5600320510) from Q1 1990 to Q4 2024 about Big Horn County, WY; WY; establishments; private industries; private; industry; and USA.

In 2024, the finance, real estate, insurance, rental, and leasing industry added the most value to the GDP of the United States. In that year, this industry added 6.2 trillion U.S. dollars to the national GDP. Gross Domestic Product Gross domestic product is a measure of how much a country produces in a certain amount of time. Countries with a high GDP tend to have large economies, for example, the United States. However, GDP does not take into consideration the cost of living and inflation rates, so it is not a good measure of the standard of living. GDP per capita at purchasing power parity is thought to be more reflective of living conditions within a particular country. U.S. GDP California added the largest amount of value to the real GDP of the U.S. in 2022. California was followed by Texas and New York. In California, the professional and business services industry was the most valuable to GDP in 2022. In New York, the finance, insurance, real estate, rental, and leasing industry added the most value to the state GDP. While the business sector added the highest value to the U.S. real GDP in 2021, it was the information industry that had the biggest percentage change in value added to the GDP between 2010 and 2021.

Percentage of enterprises for which specific long-term strategies were the most important, by North American Industry Classification System (NAICS) code and enterprise size, over the next five years. The most important long-term strategies include main focus on good or service positioning, main focus on low-price and cost leadership, and good or service positioning and low-price and cost leadership are equally important.

The size of the US Industrial Gas Industry was valued at USD 363.72 Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 3.79% during the forecast period. The US industrial gas sector provides various industries with important gases like oxygen, nitrogen, hydrogen, and carbon dioxide. It is characterized by high purity, reliable supply, and advanced storage solutions. The applications span from health, where medical oxygen is used; in manufacturing, where it is applied for welding and cutting; food and beverages, where it is used for carbonation; to electronics for the production of semiconductors. The industry makes available compressed, liquefied, and cryogenic gases. Technological development is geared toward sustainable production and efficient distribution. In general, its impact involves increased efficiency in manufacturing, improvements in healthcare, and support for innovation. Versatility, reliability, and the support extended to critical processes are some of the advantages brought by it, thereby making the role of industrial gases critical to the US economy. Recent developments include: January 2023: Iwatani Corporation of America, a wholly-owned subsidiary of Iwatani Corporation, announced the acquisition of Aspen Air US, LLC, a leading manufacturer and distributor of bulk liquid industrial gases. This acquisition marks Iwatani's entrance into the United States Industrial Gases sector and highlights the company's expansion focus in this business segment., May 2022: Air Liquide established its largest liquid hydrogen production and logistics infrastructure complex in North Las Vegas, Nevada, to cater to the growing hydrogen mobility industry. With a USD 250 million investment, the plant has the capacity to manufacture 30 tons of liquid hydrogen per day, some of which is sourced from renewable natural gas produced using Air Liquide's advanced separation membrane technology, including landfill-sourced renewable natural gas.. Key drivers for this market are: Increasing Demand from the Healthcare Sector, Increasing Demand for Frozen and Stored Food; Growing Need for Alternate Energy Sources. Potential restraints include: Environmental Regulations and Safety Issues, Other Restraints. Notable trends are: Resilient Demand from the Healthcare Industry.

Graph and download economic data for Gross Domestic Product: Private Services-Providing Industries in Big Horn County, MT (GDPSERV30003) from 2001 to 2023 about Big Horn County, MT; services-providing; MT; private; industry; GDP; and USA.

Graph and download economic data for Gross Domestic Product: All Industries in Big Horn County, WY (GDPALL56003) from 2001 to 2023 about Big Horn County, WY; WY; industry; GDP; and USA.

..Table Name.Manufacturing: Subject Series: Concentration Ratios: Share of Value of Shipments Accounted for by the 4, 8, 20, and 50 Largest Companies for Industries: 2012....ReleaseSchedule.Data are scheduled to be released in August 2015.....Universe.The universe includes all manufacturing establishments classified in sectors 31-33 with one or more paid employee at any time during the year.....GeographyCoverage.Data are shown at the U.S. level.....IndustryCoverage.Data are shown at the three- through six-digit North American Industry Classification System (NAICS) levels.....Data ItemsandOtherIdentifyingRecords.This file contains data on:... Number of companies.Total value of shipments and receipts for services ($1,000).Percent of total value of shipments and receipts for services (%).Percent of value of shipments and receipts for services by the Herfindahl-Hirschman index for the 50 largest companies (%)..Data are also identified by company size......Sort Order.Data are presented in ascending NAICS code sequence.....Related Data Files.Data supersede those released in the Industry Series and Geographic Area Series files...FTP Download.Download the entire table at https://www2.census.gov/econ2012/EC/sector31/EC1231SR2.zip....ContactInformation. U.S. Census Bureau, Economy Wide Statistics Division. Data User Outreach and Education Staff. Washington, DC 20233-6900. Tel: (800) 242-2184. Tel: (301) 763-5154. ewd.outreach@census.gov. . .For information on economic census geographies, including changes for 2012, see the economic census Help Center..Data based on the 2012 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see Methodology. Data in this file represent those available when this file was created; data may not be available for all NAICS industries or geographies. Data in this table may be subject to employment- and/or sales-size minimums that vary by industry..Symbols:D - Withheld to avoid disclosing data for individual companies; data are included in higher level totalsN - Not available or not comparableFor a complete list of all economic programs symbols, see the Symbols Glossary.Source: U.S. Census Bureau, 2012 Economic Census.Note: The data in this file are based on the 2012 Economic Census. To maintain confidentiality, the U.S. Census Bureau suppresses data to protect the identity of any business or individual. The census results in this file contain nonsampling error. Data users who create their own estimates using data from this file should cite the U.S. Census Bureau as the source of the original data only. For the full technical documentation, see Methodology link in above headnote.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

The Latin American IT Market is Segmented by Enterprise Size (Large Enterprises and Small and Medium Enterprises), End-user Industry (Retail, Manufacturing, BFSI, Government, IT and Telecom, and Other End-user Industries), and Country.

In recent years, women-owned industrial businesses have become a driving force in U.S. manufacturing, contributing to economic growth, innovation, and workforce diversity. Despite making up a relatively small percentage of the overall manufacturing sector, these companies are making a significant impact across a range of industries--from fabricated metal products to industrial machinery and food production. In this special report, we'll explore the industries where women-owned manufacturers are leading, highlight some of the largest women-owned industrial businesses, and analyze the trends shaping their success.

Survey of innovation and business strategy, performance of highest selling good or service in the enterprise's main market, by North American Industry Classification System (NAICS) and enterprise size, all surveyed industries

VITAL SIGNS INDICATOR
Jobs by Industry (EC1)

FULL MEASURE NAME
Employment by place of work by industry sector

LAST UPDATED
December 2022

DESCRIPTION
Jobs by industry refers to both the change in employment levels by industry and the proportional mix of jobs by economic sector. This measure reflects the changing industry trends that affect our region’s workers.

DATA SOURCE
Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW) - https://www.bls.gov/cew/downloadable-data-files.htm
1990-2021

CONTACT INFORMATION
vitalsigns.info@bayareametro.gov

METHODOLOGY NOTES (across all datasets for this indicator)
Quarterly Census of Employment and Wages (QCEW) employment data is reported by the place of work and represent the number of covered workers who worked during, or received pay for, the pay period that included the 12th day of the month. Covered employees in the private-sector and in the state and local government include most corporate officials, all executives, all supervisory personnel, all professionals, all clerical workers, many farmworkers, all wage earners, all piece workers and all part-time workers. Workers on paid sick leave, paid holiday, paid vacation and the like are also covered.

Besides excluding the aforementioned national security agencies, QCEW excludes proprietors, the unincorporated self-employed, unpaid family members, certain farm and domestic workers exempted from having to report employment data and railroad workers covered by the railroad unemployment insurance system. Excluded as well are workers who earned no wages during the entire applicable pay period because of work stoppages, temporary layoffs, illness or unpaid vacations.

The location quotient (LQ) is used to evaluate level of concentration or clustering of an industry within the Bay Area and within each county of the region. A location quotient greater than 1 means there is a strong concentration for of jobs in an industry sector. For the Bay Area, the LQ is calculated as the share of the region’s employment in a particular sector divided by the share of California's employment in that same sector. For each county, the LQ is calculated as the share of the county’s employment in a particular sector divided by the share of the region’s employment in that same sector.

Data is mainly pulled from aggregation level 73, which is county-level summarized at the North American Industry Classification System (NAICS) supersector level (12 sectors). This aggregation level exhibits the least loss due to data suppression, in the magnitude of 1-2 percent for regional employment, and is therefore preferred. However, the supersectors group together NAICS 11 Agriculture, Forestry, Fishing and Hunting; NAICS 21 Mining and NAICS 23 Construction. To provide a separate tally of Agriculture, Forestry, Fishing and Hunting, the aggregation level 74 data was used for NAICS codes 11, 21 and 23.

QCEW reports on employment in Public Administration as NAICS 92. However, many government activities are reported with an industry specific code - such as transportation or utilities even if those may be public governmental entities. In 2021 for the Bay Area, the largest industry groupings under public ownership are Education and health services (58%); Public administration (29%) and Trade, transportation, and utilities (29%). With the exception of Education and health services, all other public activities were coded as government/public administration, regardless of industry group.

For the county data there were some industries that reported 0 jobs or did not report jobs at the desired aggregation/NAICS level for the following counties/years:

Farm:
(aggregation level: 74, NAICS code: 11) - Contra Costa: 2008-2010 - Marin: 1990-2006, 2008-2010, 2014-2020 - Napa: 1990-2004, 2013-2021 - San Francisco: 2019-2020 - San Mateo: 2013

Information:
(aggregation level: 73, NAICS code: 51) - Solano: 2001

Financial Activities:
(aggregation level: 73, NAICS codes: 52, 53) - Solano: 2001

Unclassified:
(aggregation level: 73, NAICS code: 99) - All nine Bay Area counties: 1990-2000 - Marin, Napa, San Mateo, and Solano: 2020 - Napa: 2019 - Solano: 2001

Snapshot img

Big Data In Manufacturing Market Size 2024-2028

The big data in manufacturing market size is forecast to increase by USD 17.32 billion at a CAGR of 25.86% between 2023 and 2028.

The market is experiencing significant growth, driven primarily by the increasing adoption of Industry 4.0 and the emergence of artificial intelligence (AI) and machine learning (ML) technologies. These advanced technologies enable manufacturers to collect, process, and analyze vast amounts of data in real-time, leading to improved operational efficiency, enhanced product quality, and increased customer satisfaction. However, the complexity of big data analytics poses a significant challenge for manufacturers. The vast volume, velocity, and variety of data require sophisticated tools and expertise to process and derive meaningful insights. Additionally, ensuring data security and privacy are critical concerns, as manufacturers handle sensitive information related to their supply chains, production processes, and customer data.
To capitalize on the opportunities presented by the market, companies must invest in advanced analytics tools and hire data science talent. Collaborating with technology partners and service providers can also help manufacturers overcome the challenges associated with data complexity and security. By leveraging these resources, manufacturers can gain a competitive edge by making data-driven decisions, optimizing their production processes, and delivering personalized customer experiences.

What will be the Size of the Big Data In Manufacturing Market during the forecast period?

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In the dynamic and evolving world of manufacturing, big data plays a pivotal role in driving operational efficiency, energy savings, and product innovation. Seamlessly integrated data infrastructure, process control, and digital thread enable real-time monitoring and predictive analytics, enhancing production planning and quality control. Industrial automation, continuous improvement, and industrial Internet of Things (IoT) devices generate sensor data for advanced analytics, including deep learning and predictive modeling, to optimize manufacturing processes. Data cleaning and data preparation are crucial for maintaining data integrity and ensuring data privacy. Robotic automation, product design, and emissions reduction are areas where big data and advanced analytics contribute significantly.
Cloud computing, digital twin, and supply chain optimization are transforming manufacturing operations, enabling business intelligence (BI) and data-driven decision making. Data security, prescriptive analytics, and waste reduction are essential components of the digital transformation, driving cost reduction, process optimization, and demand forecasting. Lean manufacturing, six sigma, and additive manufacturing are further areas where big data and advanced technologies are making a significant impact. The continuous integration of AI, machine learning, and machine vision into manufacturing processes is revolutionizing the industry, with smart factories and augmented reality (AR) and virtual reality (VR) leading the way. Data governance, edge computing, and data integration are essential for managing and optimizing data assets, ensuring data compliance, and enabling task automation.
The ongoing evolution of manufacturing processes is shaping the future of the industry, with a focus on operational excellence, sustainability, and customer satisfaction.

How is this Big Data In Manufacturing Industry segmented?

The big data in manufacturing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Services
  Solutions


Deployment

  On-premises
  Cloud-based
  Hybrid


Geography

  North America

    US
    Canada


  Europe

    Germany
    UK


  APAC

    China


  Rest of World (ROW)

By Type Insights

The services segment is estimated to witness significant growth during the forecast period.

In the realm of manufacturing, the utilization of big data has emerged as a game-changer. The sector generates copious amounts of data from IoT devices, sensors, production lines, and supply chain operations. This data deluge presents a rich resource for analytics and insights. Big data services play a pivotal role, empowering manufacturers to optimize costs, allocate resources effectively, and enhance operational efficiency. Predictive maintenance is a key application, minimizing downtime by anticipating equipment failures and scheduling repairs. Real-time product quality monitoring reduces defects, scrap, and rework, leading to substantial savings. Advanced analytics, including deep learning and machine learning, enable predictive modeling and continuous im

A volatile housing market has shaped the performance of major appliance manufacturers. In 2020 and 2021, the residential sector experienced a boom because of near-zero interest rates and growing disposable income. These factors boosted the value of residential construction and housing starts, generating significant demand for new appliances. During this time, manufacturers also benefited from steel prices jumping 110.5% in 2021, driving appliance costs upward and boosting revenue. These gains were quickly reversed as growing inflationary pressures and interest rate hikes beginning in 2022 began reversing the growth of the residential sector amid consumers becoming increasingly price-sensitive and slowing discretionary spending. Steel prices also began to stabilize at this time, pushing producers to charge slower prices, slowing revenue and squeezing profit. Between 2020 and 2025, revenue is estimated to have dropped an annualized 1.1%, reaching $24.8 billion in 2025, including a 0.8% dip that year alone. Trade dynamics significantly impact this industry because of significant import penetration, which reached 53.3% in 2025. Import penetration has grown in recent years despite tariff hikes on Chinese washing machines and steel products, as domestic appliances are often more expensive. With consumers becoming increasingly price-sensitive, they have been opting for more affordable imported appliances. The climb in imports from Mexico is notable, with major manufacturers expanding operations in Mexico, benefiting from lower trade and transportation costs. However, consumers have incentives to buy more sustainable appliances through state and local tax benefits, pushing producers to target these markets. Regulatory shifts regarding gas stove safety also drive demand for electric alternatives, requiring manufacturers and retailers to adjust accordingly. Moving forward, domestic producers will benefit from a recovering residential sector and improving macroeconomic conditions. Tax incentives in the Inflation Reduction Act, aimed at promoting the purchase of new ENERGY STAR-certified appliances, are expected to benefit manufacturers. Ongoing investments in production facilities in Mexico will sustain the upward trend of imports from the region. Increasing concerns about the safety of gas stoves may lead to enhanced state regulations, potentially prompting consumers to replace their existing stoves with safer models. Domestic producers face significant uncertainty for the coming years amid unstable trade relationships and a volatile economy. These trends are set to cause revenue to grow at an estimated CAGR of 1.5% to reach $26.8 billion through the end of 2030.