IncFact
Company Profiles: Revenue, Growth, Competition

Engine, Turbine & Power Transmission Equipment Manufacturing Industry

NAICS: 3336

Contents

.Engine, Turbine & Power Transmission Equipment Manufacturing Market Share: Largest Companies in the Engine, Turbine & Power Transmission Equipment Manufacturing Industry

Company HeadquartersRevenue ($ MM)
CUMMINS (NYSE: CMI)Columbus, IN100 
TURBOCOATINGHickory, NC14 
BRIGGS & STRATTON (NYSE: BGG)Wauwatosa, WI8 
DANFOSS POWER SOLUTIONS USAmes, IA6 
VESTAS AMERICA HOLDINGPortland, OR5 
SOLAR TURBINESSan Diego, CA5 
MHI SHARED SERVICES AMERICASHouston, TX5 
GORMAN-RUPPMansfield, OH4 
MITSUBISHI POWER AMERICASLake Mary, FL4 
WILLIAMS INTERNATIONALPontiac, MI4 
SEQUAPalm Beach Gardens, FL4 
DETROIT DIESELPortland, OR3 
DAYCORoseville, MI3 
SIEMENS GAMESA RENEWABLE ENERGYOrlando, FL2 
CARLSTAR GROUPFranklin, TN2 
ELLIOTTJeannette, PA2 
PCC AIRFOILSBeachwood, OH2 
STANADYNEWindsor, CT2 
PROLEC-GE WAUKESHAWaukesha, WI2 


See exact company revenues in this list


This is a list of the largest companies active in the Engine, Turbine & Power Transmission Equipment Manufacturing industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Engine, Turbine & Power Transmission Equipment Manufacturing 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.


.Growth: Fastest Growing Engine, Turbine & Power Transmission Equipment Manufacturing Companies

A list of competitors in the Engine, Turbine & Power Transmission Equipment Manufacturing 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. Engine, Turbine & Power Transmission Equipment Manufacturing 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 Engine, Turbine & Power Transmission Equipment Manufacturing 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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