IncFact
Company Profiles: Revenue, Growth, Competition

Scientific Research & Development Services Industry

NAICS: 5417

Contents

.Scientific Research & Development Services Market Share: Largest Companies in the Scientific Research & Development Services Industry

Company HeadquartersRevenue ($ MM)
OMNICARECincinnati, OH100 
LEIDOS (NYSE: LDOS)Reston, VA91 
INC RESEARCH (NASDAQ: INCR)Morrisville, NC62 
SCIENCE APPLICATIONS INTERNATIONAL (NYSE: SAIC)Reston, VA61 
NATIONAL TECHNOLOGY & ENGINEERING SOLUTIONS OF SANDIAAlbuquerque, NM47 
CEPHALONFrazer, PA44 
SYNEOS HEALTHRaleigh, NC29 
INCYTE (NASDAQ: INCY)Wilmington, DE29 
COVANCEPrinceton, NJ27 
FLUOR MARINE PROPULSIONWest Mifflin, PA26 
BECHTEL MARINE PROPULSIONWest Mifflin, PA24 
PRA HOLDINGSRaleigh, NC23 


See exact company revenues in this list


This is a list of the largest companies active in the Scientific Research & Development Services industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Scientific Research & Development Services industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.


.Additional Companies Operating in the Scientific Research & Development Services Industry

Company HeadquartersRevenue ($ MM)
CVS HEALTH (NYSE: CVS)Woonsocket, RI100 
UNITED TECHNOLOGIES (NYSE: UTX)East Hartford, CT21 
HONEYWELL INTERNATIONAL (NYSE: HON)Morris Plains, NJ17 
ELI LILLY (NYSE: LLY)Indianapolis, IN8 
LEIDOS INTEGRATED TECHNOLOGY (NYSE: LMT)Gaithersburg, MD7 
AUGUSTINE CONSULTING (NYSE: LNC)Monterey, CA6 
PRINCIPAL LIFE INSURANCE (NYSE: PFG)Des Moines, IA6 
CUMMINS (NYSE: CMI)Columbus, IN5 




.Growth: Fastest Growing Scientific Research & Development Services Companies

A list of competitors in the Scientific Research & Development Services industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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.Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Scientific Research & Development Services businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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. Venture Funding

These Scientific Research & Development Services companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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