Motor Vehicle Electrical and Electronic Equipment Manufacturing Revenue Benchmarks

The average motor vehicle electrical and electronic equipment manufacturing business in the United States generates $30.5M in annual revenue, according to the U.S. Census Bureau Statistics of U.S. Businesses (SUSB 2021). There are 515 motor vehicle electrical and electronic equipment manufacturing businesses in the U.S., employing 58,208 workers with an average profit margin of 10.0%. The average employee in this industry earns $72K per year (Bureau of Labor Statistics QCEW 2023).

What Does a Motor Vehicle Electrical and Electronic Equipment Manufacturing Business Actually Do?

Motor Vehicle Electrical and Electronic Equipment Manufacturing: Businesses that transform raw materials or components into finished products.

Who buys: Wholesalers, retailers, other manufacturers, and government.

Sector-level description — a more specific write-up is available for high-traffic industries.

Average Revenue

$30.5M

per year

Profit Margin

10.0%

industry average

Revenue / Employee

$270K

per year

Total Businesses

515

in the US

Est. Owner Income

$3.1M

small business avg

Labor Cost

22.0%

of revenue

Avg Employee Wage

$72K

per year (BLS)

Market Saturation

0.2

firms per 100K people

How Much Do Motor Vehicle Electrical and Electronic Equipment Manufacturing Charge?

Motor Vehicle Electrical and Electronic Equipment Manufacturing: Manufacturers sell in bulk to wholesalers, distributors, or direct to businesses. Pricing is negotiated by SKU volume. The specifics vary within the motor vehicle electrical and electronic equipment manufacturing category — the ranges below are typical for the sector.

ServiceTypical range
Contract manufacturing markup
15–35% over materials + labor
Own-brand product margin
25–60% gross margin
Custom / low-volume run
40–150% over direct costs

Sector-typical ranges — individual services within this industry may fall higher or lower.

Complete motor vehicle electrical and electronic equipment manufacturing business plan

A 12-section data-backed business plan for a motor vehicle electrical and electronic equipment manufacturing business — executive summary, market analysis, competitive landscape, revenue model, 3-year financial projections, operations, marketing, staffing, funding request. Pre-populated with real Census, IRS, and BLS data on this industry. Free to view.

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Cost Structure — Where Every $100 in Revenue Goes

Approximate P&L breakdown for the motor vehicle electrical and electronic equipment manufacturing industry. Labor share and net profit are grounded in Census SUSB and IRS SOI data. Other lines are split using sector-typical ratios.

48%
22%
12%
10%
CategoryPer $100 revenue
Raw materials & components
$48
Wages & benefits
$22
Rent & facilities
$5
Marketing & advertising
$3
Other operating costs
$12
Net profit
$10

Directionally accurate for a typical business in the industry. Individual businesses vary widely — a franchise may run a very different cost mix from an independent, and older established businesses often have lower labor share than newer ones.

Average Revenue by Business Size

1-4 employees
$437K
5-9 employees
$1.5M
10-19 employees
$3.5M
20-99 employees
$10.6M
100-499 employees
$40.5M
500+ employees
$204.3M

Industry Dynamics (Census BDS 2023)

New Business Rate

5.02%

openings/year

Closure Rate

5.45%

closings/year

Net Job Growth

+1.34%

annual

Businesses Closed

175

in 2023

Firm Count Trend

19
20
21
22
23
3,611 firms3,361 firms

Should You Start a Motor Vehicle Electrical and Electronic Equipment Manufacturing Business?

Startup Cost

$50K$250K

Break-Even

1 months

5-Year Survival Rate

50.0%

Frequently Asked Questions

What does a motor vehicle electrical and electronic equipment manufacturing business do?
Motor Vehicle Electrical and Electronic Equipment Manufacturing: Businesses that transform raw materials or components into finished products. Wholesalers, retailers, other manufacturers, and government.
How much do motor vehicle electrical and electronic equipment manufacturing charge?
Motor Vehicle Electrical and Electronic Equipment Manufacturing: Manufacturers sell in bulk to wholesalers, distributors, or direct to businesses. Pricing is negotiated by SKU volume. The specifics vary within the motor vehicle electrical and electronic equipment manufacturing category — the ranges below are typical for the sector. See the pricing table above for typical rates by service type.
How much does the average motor vehicle electrical and electronic equipment manufacturing make per year?
The average motor vehicle electrical and electronic equipment manufacturing business generates $30.5M in annual revenue, based on U.S. Census Bureau data (SUSB 2021). After expenses, the estimated owner profit is $3.1M per year at a 10.0% profit margin.
How many motor vehicle electrical and electronic equipment manufacturing businesses are there in the US?
There are 515 motor vehicle electrical and electronic equipment manufacturing businesses operating in the United States, employing a total of 58,208 workers.
How much does it cost to start a motor vehicle electrical and electronic equipment manufacturing business?
Startup costs for a motor vehicle electrical and electronic equipment manufacturing business typically range from $50K to $250K, with a 5-year survival rate of 50.0%.
What is the average salary in the motor vehicle electrical and electronic equipment manufacturing industry?
The average employee in the motor vehicle electrical and electronic equipment manufacturing industry earns $72K per year, according to Bureau of Labor Statistics data (QCEW 2023).

Industry Growth & Survival

76%
Est. 5-year survival rate
+1.3%
Net job growth rate
3,361
Total firms (2023)

The motor vehicle electrical and electronic equipment manufacturing industry is relatively stable — with a net job growth rate of 1.3%. Entry and exit rates are balanced at 5.0% and 5.5% respectively.

Approximately 76% of motor vehicle electrical and electronic equipment manufacturing businesses survive their first 5 years. This is above the national average (~50%), making it a relatively safe industry to enter. In 2023, 175 firms in this industry closed permanently.

Employment & Wages

$72,467
Avg annual pay
993
Establishments
60,857
Total employees
61
Avg employees/business

The average employee in the motor vehicle electrical and electronic equipment manufacturing industry earns $72,467/year. This is significantly above the national average of ~$65K, reflecting the skilled nature of this work. With 993 establishments employing 60,857 people, the typical business has about 61 employees. These tend to be larger operations requiring significant staffing investment.

Industry Trend (2000–2023)

3K3K4K4K5K20002005201020152020Number of Firms

The motor vehicle electrical and electronic equipment manufacturing industry has declined 23% since 2000 (from 4,367 to 3,361 firms).

See full historical statistics →

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