Between 2019 and 2023, oil and gas explorers and producers logged the highest total revenue worldwide, reaching *** trillion U.S. dollars. Life and health insurance carriers followed behind.
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The U.S. manufacturing sector plays a central role in the economy, accounting for 20% of U.S. capital investment, 60% of the nation's exports and 70% of business R&D. Overall, the sector's market size, measured in terms of revenue is worth roughly $6 trillion, making it a major industry to do business with. So which U.S. states are the biggest for manufacturing? This article will explore the nation's top manufacturing states, measured by number of employees, based on MNI's database of 400,000 U.S. manufacturing companies.
With over *** billion U.S. dollars in revenue, Walmart topped the ranking of the hundred largest companies globally, followed by Amazon. Walmart was also the largest company in the world based on its number of employees, with some *** million all over the world. Largest corporations based on revenue - additional information The concept of revenue itself might slightly differ depending on country or even from one company to another. It usually refers to the income resulted from normal business activities, such as the sale of goods and services to customers. Walmart The American-based multinational corporation Walmart was founded in 1962 and currently operates over ****** stores worldwide, out of which ***** are in the United States alone. In 2024, Walmart was ranked the third most valuable retail brand in the world, with a brand value of about ** billion U.S. dollars. Follow this link to get access to the top 500 companies from all industries list.
As of January 2024, the most profitable industry in the United States was money center banking, with a profit margin of ***** percent. The profit margin of the regional banking was not too far off, with a net profit margin of *****.
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West Virginia has long been known for its coal mining industry, but over the past decade the state has transformed its manufacturing sector, attracting enterprises from a wide range of industries to its borders. West Virginia's largest manufacturers are emblematic of this trend, with some big names in the automotive, food processing, defense, steel and chemical industries all calling the state home. Today, we're exploring the latest facts on West Virginia's industrial sector and getting to know the state's ten largest manufacturing companies.
With a market capitalization of 3.12 trillion U.S. dollars as of May 2024, Microsoft was the world’s largest company that year. Rounding out the top five were some of the world’s most recognizable brands: Apple, NVIDIA, Google’s parent company Alphabet, and Amazon. Saudi Aramco led the ranking of the world's most profitable companies in 2023, with a pre-tax income of nearly 250 billion U.S. dollars. How are market value and market capitalization determined? Market value and market capitalization are two terms frequently used – and confused - when discussing the profitability and viability of companies. Strictly speaking, market capitalization (or market cap) is the worth of a company based on the total value of all their shares; an important metric when determining the comparative value of companies for trading opportunities. Accordingly, many stock exchanges such as the New York or London Stock Exchange release market capitalization data on their listed companies. On the other hand, market value technically refers to what a company is worth in a much broader context. It is determined by multiple factors, including profitability, corporate debt, and the market environment as a whole. In this sense it aims to estimate the overall value of a company, with share price only being one element. Market value is therefore useful for determining whether a company’s shares are over- or undervalued, and in arriving at a price if the company is to be sold. Such valuations are generally made on a case-by-case basis though, and not regularly reported. For this reason, market capitalization is often reported as market value. What are the top companies in the world? The answer to this question depends on the metric used. Although the largest company by market capitalization, Microsoft's global revenue did not manage to crack the top 20 companies. Rather, American multinational retailer Walmart was ranked as the largest company in the world by revenue. Walmart also had the highest number of employees in the world.
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With strongholds in the automotive, aerospace, and food processing sectors, not to mention competitive labor costs and a business-friendly climate, it's no wonder companies are investing heavily in the state of Alabama. In this post, we'll take a look at the latest manufacturing statistics for Alabama and introduce you to the state's ten largest manufacturing employers. Whether you're looking to sell into this market or build strategic partnerships, knowing who's who in Alabama manufacturing can give you a powerful edge.
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Washington State is not only home to the world's largest manufacturer in terms of volume, but also is among the most attractive states to do business. Washington's diverse manufacturing landscape features major names in aerospace, food processing, electronics and medical device manufacturing. Today, we are exploring Washington's innovative manufacturing sector and exploring the largest industrial companies operating in the state.
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With its low business costs and abundant natural resources, the state of Louisiana is home to a number of powerful manufacturing companies, especially those in the petrochemical and oil industries. Today, we're taking a deep dive into the state's manufacturing sector, providing key industrial facts, insights, and covering the largest industrial companies in Louisiana.
This statistic shows the ranking of the global top 10 biotech and pharmaceutical companies worldwide, based on revenue. The values are based on a 2025 database. U.S. pharmaceutical company Pfizer was ranked first, with a total revenue of around ** billion U.S. dollars. Biotech and pharmaceutical companiesPharmaceutical companies are best known for manufacturing pharmaceutical drugs. These drugs have the aim to diagnose, to cure, to treat, or to prevent diseases. The pharmaceutical sector represents a huge industry, with the global pharmaceutical market being worth around *** trillion U.S. dollars. The best known top global pharmaceutical players are Pfizer, Merck, and Johnson & Johnson from the U.S., Novartis and Roche from Switzerland, Sanofi from France, etc. Most of these companies are involved not only in pure pharmaceutical business, but also manufacture medical technology and consumer health products, vaccines, etc. There are both pure play biotechnology companies and pharmaceutical companies which among other products also produce biotech products within their biotechnological divisions. Most of the leading global pharmaceutical companies have biopharmaceutical divisions. Although not a pure play biotech firm, Roche from Switzerland is among the companies with the largest revenues from biotechnology products worldwide. In contrast, California-based company Amgen was one of the world’s first large pure play biotech companies. Biotech companies use biotechnology to generate their products, most often medical drugs or agricultural genetic engineering. The latter segment is dominated by companies like Bayer CropScience and Syngenta. The United Nations Convention on Biological Diversity defines biotechnology as follows: "Any technological application that uses biological systems, living organisms, or derivatives thereof, to make or modify products or processes for specific use." In fact, biotechnology is thousands of years old, used in agriculture, food manufacturing and medicine.
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With its low business costs and abundant natural resources, Montana is an attractive state for many manufacturers. While historically strong in the lumber and wood industries, the state has also drawn a diverse set of industries to its borders in recent years, including some key players in the semiconductor and pharmaceutical industries.
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With its low business costs and abundant natural resources, the state of Mississippi is home to a number of powerful manufacturing companies, including some top names in the auto and food industries. Today, we're providing an inside look at the state's manufacturing sector based on data collected by MNI and exploring the top industrial companies in Mississippi.
Output by industry, in current dollars, evaluated at basic price for all provinces and territories. These estimates are derived from the provincial Supply and Use Tables.
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Home to 22,000 manufacturers and more than a million industrial workers, California is the largest manufacturing state in the U.S. The state's abundance of skilled labor and access to capital has drawn some key innovative enterprises to its borders, particularly in the aerospace and electronics industries. Today, we're focusing on the latest trends in California manufacturing, including the state's top industries and cities, and we'll also explore its ten largest manufacturing companies.
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When we think of the state of Colorado, 'the great outdoors' is the first thing that comes to mind. But Colorado is also a powerful manufacturing state, with a diverse industrial landscape that includes two major breweries as well as big names in defense, medical device manufacturing, aerospace and food processing. Today, we are exploring Colorado's innovative manufacturing sector and exploring the largest industrial companies operating in the state.
The German chemical company BASF was ranked number one in the ranking of the world's leading chemical companies based on revenue, generating a revenue of approximately ***** billion U.S. dollars in 2024. Revenue of the top chemical companies worldwide Chemical companies produce and develop industrial chemicals through the conversion of raw materials –organic and inorganic - into a wide variety of products. Chemical production is classified into two separate categories. There are specialty batch manufacturers that produce more expensive chemicals that are less commonly used within the chemical market. These performance chemicals are often produced by smaller manufacturers. On the other hand, commodity manufacturers tend to produce a large volume of basic and inexpensive compounds. The production of organic polymers for plastics, fibers, and elastomers is a rapidly growing sector of the chemical industry. Leading chemical manufacturing countries The chemical manufacturing industry in the United States is quite prominent, with companies such as Dow, DuPont, and LyondellBasell Industries. The chemical sector in Europe is also very prominent, as demonstrated by the fact that it represents a great proportion of their manufacturing trade surplus. Europe (and the European Union) is one of the largest chemical trading regions in the world. With Germany accounting for the largest share of total EU chemical revenue. Three of Germany’s chemical companies are considered some of the largest in the world. German companies BASF and Bayer are consistently among the largest earning chemical companies in the world. BASF operates on a global scale and maintains its segmental operations in chemicals, materials, surface technologies, nutrition and care, industrial solutions, and agricultural solutions. With headquarters around the world, Bayer is known for marketing heroin in the past and branding aspirin.
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With one of the best tax climates in the nation as well as a strong workforce and solid infrastructure, Texas remains a top destination for manufacturers across multiple industries, from the oil industry to the auto sector, biotech to food processing. Home to 1.2 million workers or roughly 13% of the nation's manufacturing workforce, Texas remains the second-largest manufacturing state in the U.S. (after California) and is the largest state exporter, exporting a record $315 billion worth of goods in 2018. For those looking do business with Texas manufacturers, it helps to have an in-depth understanding of the state's manufacturing climate.
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Arizona is a powerful manufacturing state, home to major names in the electronics and aerospace industries. The state's educated workforce, abundance of capital, and favorable regulatory environment has helped foster a massive electronics manufacturing hub. Today, we're exploring some of the key facts and trends in Arizona manufacturing and taking a look at the largest manufacturing companies in the state.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 4.21(USD Billion) |
MARKET SIZE 2024 | 4.54(USD Billion) |
MARKET SIZE 2032 | 8.35(USD Billion) |
SEGMENTS COVERED | Sensor Type ,Adapter Type ,Application ,Protocol Compatibility ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Increasing adoption of IoT devices Growing demand for wireless connectivity Need for interoperability between different sensors Advances in sensor technology Stringent regulatory requirements |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | List of top 10-15 players in the Global sensor adapter Market market: ,Analog Devices, Inc. ,Amphenol Corporation ,Bel Fuse, Inc. ,Broadcom Inc. ,Cisco Systems, Inc. ,Eaton Corporation, PLC ,Emerson Electric Co. ,FCI Electronics, Inc. ,Molex, LLC ,Phoenix Contact GmbH & Co. KG ,Rockwell Automation, Inc. ,Schneider Electric SE ,TE Connectivity Ltd. |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | IoT Device Proliferation Smart Home and Building Automation Industrial Automation and Process Control Healthcare Monitoring and Diagnostics Automotive Safety and ADAS |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 7.92% (2024 - 2032) |
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A cloud kitchen, also known as a ghost kitchen or virtual kitchen, is an online-only food delivery operation that operates without a physical dining area. These kitchens often host multiple virtual restaurant brands under one roof, providing a cost-efficient way to offer various cuisines. They rely on partnerships with food delivery apps for order fulfillment and use data analytics to adapt to consumer preferences.
Cloud kitchens are highly scalable and can operate from less expensive locations, making them a popular choice for businesses in the online food delivery space. However, they face competition and the challenge of marketing effectively in a crowded market.
Between 2019 and 2023, oil and gas explorers and producers logged the highest total revenue worldwide, reaching *** trillion U.S. dollars. Life and health insurance carriers followed behind.