Navigational, Measuring, Electromedical & Control Instruments Manufacturing Industry

NAICS: 3345

Navigational, Measuring, Electromedical & Control Instruments Manufacturing Market Share: Largest Companies in the Navigational, Measuring, Electromedical & Control Instruments Manufacturing Industry

Company	Headquarters	Revenue ($ MM)
TELEDYNE TECHNOLOGIES	Thousand Oaks, CA	100
TRIMBLE (NASDAQ: TRMB)	Sunnyvale, CA	93
KEYSIGHT TECHNOLOGIES	Santa Rosa, CA	77
AGILENT TECHNOLOGIES (NYSE: A)	Santa Clara, CA	75
GARMIN INTERNATIONAL	Olathe, KS	73
SIEMENS HEALTHCARE DIAGNOSTICS	Tarrytown, NY	67
CREATION TECHNOLOGIES INTERNATIONAL	Boston, MA	65
VERISK ANALYTICS (NASDAQ: VRSK)	Jersey City, NJ	55
WATERS (NYSE: WAT)	Milford, MA	51
HOLOGIC	Marlborough, MA	47
VARIAN MEDICAL SYSTEMS (NYSE: VAR)	Palo Alto, CA	44
EVOQUA WATER TECHNOLOGIES	Pittsburgh, PA	42
SONOVA U.S. CORPORATE SERVICES	Aurora, IL	34
BRUKER AXS	Madison, WI	18
CARL ZEISS MEDITEC	Dublin, CA	15
NEWPORT (NASDAQ: NEWP)	Irvine, CA	14
NOVA BIOMEDICAL	Waltham, MA	13
MICRO SYSTEMS ENGINEERING	Lake Oswego, OR	13
ADVANTEST AMERICA	San Jose, CA	13

This is a list of the largest companies active in the Navigational, Measuring, Electromedical & Control Instruments 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 Navigational, Measuring, Electromedical & Control Instruments 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 Navigational, Measuring, Electromedical & Control Instruments Manufacturing Companies

A list of competitors in the Navigational, Measuring, Electromedical & Control Instruments 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. Navigational, Measuring, Electromedical & Control Instruments 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 Navigational, Measuring, Electromedical & Control Instruments 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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