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Hoover's is Beta Testing our Industries section.
Technical & Scientific Research Services Industry Financials
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Technical & Scientific Research Services Industry Financial Summary
About 6,000 testing laboratories in the US are in operation, with combined annual revenue of around $9 billion. Major companies include National Technical Systems, and subsidiaries of major corporations such as Pratt & Whitney and Hexagon Metrology. The industry is fragmented: the top 50 firms account for only 35 percent of industry revenue. Most labs have about 10 employees; the largest have more than 1,000.
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Technical & Scientific Research Services industry.
| NAICS | NAICS Description | Establishments | Sales, Receipts, or Shipments ($1,000) | Annual Payroll ($1,000) | Paid Employees |
|---|---|---|---|---|---|
| 541380 | Testing laboratories | 5,955 | $8,770,541 | $3,955,644 | 93,596 |
| 541690 | Other scientific & technical consulting services | 14,074 | $7,604,698 | $2,924,918 | 54,810 |
| 541720 | Research & development in the social sciences & humanities | 950 | $2,134,119 | $797,002 | 17,369 |
| 541910 | Marketing research & public opinion polling | 5,460 | $10,890,323 | $4,080,844 | 122,359 |
| 541990 | All other professional, scientific, & technical services | 15,110 | $6,765,464 | $2,182,817 | 57,948 |
| 813910 | Business associations | 17,330 | $17,293,914 | $5,342,498 | 122,090 |
| All NAICS Sectors | 58,879 | $53,459,059 | $19,283,723 | 468,172 |
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