| |
2023 R&D To Sales Ratios by Industry Sector
|
| |
|
| |
Industry Sector
|
R&D to Sales
Ratio %
|
R&D Growth %
|
Sales Growth %
|
| Agriculture, Forestry, Fishing |
0.4 |
-12.9 |
-10.6 |
| Mining, Extraction |
0.6 |
11.8 |
-5.2 |
| Construction |
0.2 |
55.1 |
12.3 |
| Manufacturing |
6.2 |
10.7 |
-0.3 |
| Transportation, Communications, Utilities |
1.8 |
12.2 |
-3.3 |
| Wholesale Trade |
0.4 |
12.6 |
9.5 |
| Retail Trade |
1.3 |
-2.6 |
2.1 |
| Finance, Insurance, Real Estate |
3.1 |
-16.7 |
76.6 |
| Services |
14.3 |
11.4 |
11.6 |
| All sectors combined |
6.3 |
10.7 |
1.4 |
|
| |
R&D Ratios & Budgets is the source for the above data. This detailed report covers over 2,800 companies and 280 industries that spend on R&D. The information includes fiscal 2023 and 2022 R&D spending, 2023 revenue and R&D to sales ratio, as well as 2023 annual growth rates in R&D spending and sales. Use it to track competition, set and justify R&D budgets, screen potential acquisitions, sell the laboratory and technology markets or plan new ventures and develop new products. Includes industry and R&D spender rankings and data on over 600 non-U.S. headquartered companies. Bought by high tech firms, research labs, universities and Federal agencies. Published June 2024. |
| |
|