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. 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.

This statistic shows the projected number of firms in the manufacturing industry in the United States in 2019 and 2026, by size of firm. By 2026, the manufacturing industry in the U.S. is projected to have *** companies each employing over 10,000 people.

Graph and download economic data for Production: Manufacturing: Total Manufacturing for United States (PRMNTO01USQ657S) from Q2 1919 to Q2 2025 about IP, manufacturing, and USA.

Graph and download economic data for Manufacturing Sector: Hours Worked for All Workers (PRS30006031) from Q1 1988 to Q2 2025 about productivity, sector, hours, persons, manufacturing, rate, and USA.

This statistic shows the projected number of workers in the manufacturing industry in the United States in 2019 and 2026, by size of firm. By 2026, the manufacturing industry in the U.S. is projected to have more than **** million workers at firms employing 10,000 people or more.

Manufacturing sector unit labor costs in the United States increased by 1.7 percent in the second quarter of 2025. The data are seasonally adjusted at annual rates. Unit labor costs describe the relationship between compensation per hour and productivity, or real output per hour, and can be used as an indicator of inflationary pressure on producers. Increases in hourly compensation increase unit labor costs; labor productivity increases offset compensation increases and lower unit labor costs.

As of April 2023, there were some ****** people employed in the United States ceramic manufacturing industry. Those employees were attributable to the ***** ceramic manufacturing businesses that existed in the U.S. as of that time.

Graph and download economic data for Quarterly Financial Report: U.S. Corporations: All Manufacturing: Total Assets (QFR223MFGUSNO) from Q4 2000 to Q2 2025 about finance, corporate, assets, manufacturing, industry, and USA.

Total Manufacturing Production for the United States was -0.47717 Growth Rate Previous Period in January of 2024, according to the United States Federal Reserve. Historically, Total Manufacturing Production for the United States reached a record high of 12.93370 in January of 1955 and a record low of -13.78342 in January of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Manufacturing Production for the United States - last updated from the United States Federal Reserve on December of 2025.

The number of manufacturing enterprises in the United States was forecast to continuously decrease between 2024 and 2029 by in total 6.7 thousand enterprises (-2.21 percent). After the fourteenth consecutive decreasing year, the number is estimated to reach 297.07 thousand enterprises and therefore a new minimum in 2029. According to the OECD an enterprise is defined as the smallest combination of legal units, which is an organisational unit producing services or goods, that benefits from a degree of autonomy with regards to the allocation of resources and decision making. Depicted here are enterprises in the industrial sector of manufacturing, as defined in the ISIC classification framework.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).

This statistic depicts the employment change of the manufacturing sector in the United States between 2014 and 2024. The plastics product manufacturing industry's employment is expected to decrease by ** percent between 2014 and 2024.

This statistic represents the number of employees in the machinery manufacturing in the United States between 2016 and 2019. Over 1.1 million people were employed in the U.S. machinery manufacturing industry. Employment figures in this sector has grown considerably since 2010 as a result of the recovering economy from the 2008 financial disaster.

United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 11.601 % in 2016. This records a decrease from the previous number of 11.919 % for 2015. United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 12.807 % from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 16.022 % in 1997 and a record low of 11.601 % in 2016. United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

Graph and download economic data for Manufacturing Sector: Employment for All Workers (PRS30006013) from Q1 1987 to Q2 2025 about sector, manufacturing, employment, and USA.

The North America Satellite Manufacturing Market report segments the industry into Application (Communication, Earth Observation, Navigation, Space Observation, Others), Satellite Mass (10-100kg, 100-500kg, 500-1000kg, Below 10 Kg, above 1000kg), Orbit Class (GEO, LEO, MEO), End User (Commercial, Military & Government, Other), Satellite Subsystem (Propulsion Hardware and Propellant, and more.).

The North America Metal Turned Precision Product Manufacturing Market report segments the industry into By Operation (Manual Operation, CNC Operation), By Machine Types (Automatic Screw Machines, Rotary Transfer Machines, and more), By End User (Industries, Automobile, and more), and By Geography (North America, Europe, and more).

In April 2025, the Industrial Production Index (IPI) came to a value of ***** in the United States. This reflects no significant change from the previous month.The IPI was created by the Federal Reserve to measure the performance of industrial production - manufacturing, mining, electric and gas industries - in the United States relative to a base year. A value of over *** shows positive production performance, while a value below *** indicates an industrial production performance below the standards of the base year.

The number of enterprises in the 'Chemicals' segment of the manufacturing market in Latin America was forecast to continuously increase between 2025 and 2029 by in total *** thousand (+**** percent). After the fifth consecutive increasing year, the number of enterprises is estimated to reach ***** thousand and therefore a new peak in 2029. Find further information concerning the value added in the 'Beverages' segment of the manufacturing market in Brazil and the value added change in the 'Beverages' segment of the manufacturing market in Brazil. The Statista Market Insights cover a broad range of additional markets.

U.S Contract Manufacturing Services Market size is valued at around USD 218.22 billion in 2025 and is projected to reach USD 253.44 billion by 2032 at 2.16% CAGR during 2026-32.

The industry has faced an evolving marketplace that has moved away from it because of increased budget constraints. Schools, in particular, are experiencing a crisis with the expiration of federally supported funding introduced during the pandemic recovery, which ended in January 2025. This has created a market that is now more budget-constrained, as schools no longer have the extra funds to offset supply shortages. While teachers continue to purchase goods for their classrooms, the loss of this funding means they are increasingly forced to dip into their savings—a risky and unsustainable solution that the industry cannot rely on for significant growth. Also, parents' back-to-school spending has become more unpredictable. Many families feel financially pressured and are willing to cut spending on school supplies when necessary, eroding another previously reliable source of revenue for the industry. However, there is a silver lining: the growing interest in arts and crafts among adults presents a niche growth opportunity for the industry. This trend offers some support, but it is not enough to fully compensate for the major drop in sales to schools and parents. As a result, the overall spending environment remains subdued, despite this new demand area. To address these financial challenges, companies within the industry have adopted profit-saving strategies, such as centralizing operations and focusing on core product categories. Also, they have closed some locations to reduce overhead and management costs. These efforts helped boost profitability slightly in the short term. Even so, industry revenue declined at a CAGR of 0.9% over the five years to 2025, reaching $3.5 billion, with an additional drop of 0.6% expected in 2025. Looking ahead, the industry is expected to recover. The ongoing shift toward mixed media in art creation fuels demand for a more diversified selection of art supplies, creating several new revenue streams. Developing innovative whiteboard products—especially larger models that display more information without obstructing visibility—will also provide new revenue opportunities. However, the industry will continue to face pressures. For example, as automakers phase out physical models, demand for modeling clays is expected to drop. Also, changes by the General Services Administration (GSA) in its purchasing procedures will require the industry to compete more directly with office supply vendors when selling to government buyers, because of the consolidation of classification codes for office products. This increased competition may force companies to adjust prices or innovate, likely squeezing profit on government sales. Despite these challenges, the industry’s revenue will grow at a CAGR of 0.9% over the next five years, reaching $3.6 billion by 2030.