1. Unmanned Aerial Vehicle (UAV) Manufacturing in the US
2024-2025 Revenue Growth: -18.8%
The Unmanned Aerial Vehicles (UAV) Manufacturing industry has declined slightly, contending with government budget cuts. Industry companies produce and develop UAVs, or drones, which are remotely piloted or autonomously operated aircraft. Since most demand for drones comes from the US military, a decline in defense funding for UAVs has led the industry to decline, despite expected increased civil demand. Demand for new UAVs fell as the industry has supplied the military with an enormous fleet over the past decade. Industry revenue has declined at a CAGR of 1.4% to an estimated $4.5 billion over the five years to 2023, including... Learn More
2. Chicken Egg Production in the US
2024-2025 Revenue Growth: -10.0%
Over the past five years, chicken egg producers have had to contend with severe revenue volatility. While per capita egg consumption has remained stable, a severe drought across most of the United States pushed the price of feed upward. This, combined with lingering challenges from supply chain bottlenecks and highly pathogenic avian influenza (HPAI), have pushed the price of eggs upward. Widespread inflation in 2022 also contributed to surging egg prices, and while the industry benefited from an upswing in revenue that year, price spikes set the stage for plummeting prices in 2023. As a result, industry-wide revenue has dropped... Learn More
3. Wedding Planners in the US
2024-2025 Revenue Growth: -10.0%
Wedding planners organize and design marriage ceremonies and receptions. Over the five years to 2023, revenue for the Wedding Planners industry has declined as more couples have opted to plan their weddings themselves rather than hire industry operators. According to 2021 data from the Wedding Planning Institute, 27.0% of couples are using wedding planners. This contraction in demand for industry services mainly stems from an increase in the number of do-it-yourself (DIY) weddings. Consumers that do opt to hire wedding planners are spending more money than ever before. Over the years to 2023, industry revenue is expected to decline at... Learn More
4.
2024-2025 Revenue Growth: -9.0%
The Oil Drilling and Gas Extraction Industry includes companies that profit from extracting and selling fossil fuels. Producers have experienced a high degree of volatility in recent years. Steady growth was ripped away when COVID-19 halted the economy, as restrictions limited the need for oil and gas. The conflict in Ukraine added to the uncertainty, as the reliance on Russian oil and gas was distributed between domestic producers and other sources. Although, as the economy recovered demand shot up quicker than supply could match, causing prices to surge and generate substantial returns. Revenue has grown at a CAGR of 10.6%... Learn More
5.
2024-2025 Revenue Growth: -8.2%
Offshore oil rig and platform construction plays an important role in the United States' energy sector. Growing oil production caused industry revenue to increase at the beginning of the five-year period to 2023. Still, oil price weakness started shortly thereafter and weighed heavily on industry performance, resulting in revenue declines which persisted several years. Also, the COVID-19 pandemic caused all types of travel activity to slump, further lowering oil prices and hampering the purchasing power from upstream oil companies. Offshore oil rig and platform construction revenue has plummeted at a CAGR of 6.7% over the past five years and is... Learn More
6. Computer Peripheral Manufacturing in the US
2024-2025 Revenue Growth: -7.7%
The industry relies heavily on its performance in the international markets, since an overwhelming amount of downstream demand comes from exports. An appreciation of the US dollar during the current period has certainly depressed growth. As COVID loomed and US businesses closed, consumers were forced inside for the better part of a year. Further decreases in revenue were offset by consumers purchasing from the industry for personal entertainment purposes. Revenue ultimately increased at a CAGR of 0.6% to $14.3 billion over the five years to 2023, with an increase of 1.8% in 2023 alone as profit reached 4.3%.
Demand for computer... Learn More
7.
2024-2025 Revenue Growth: -7.2%
Billboard and outdoor advertising companies generate revenue through leasing advertisem*nt space on display faces, including billboards, public transit and street furniture. Demand for the industry's services depends on trends in advertising expenditure, which makes the industry sensitive to fluctuations in consumer spending, retail sales, corporate profit and overall economic conditions. Operators face competition from various advertising media, with the most significant competitor being online advertisem*nts.
COVID-19 caused states to shut down most of the US economy in 2020, which resulted in a massive plunge in consumer spending. Since many industries that use outdoor advertisem*nts (e.g., manufacturers, retailers, restaurants) rely heavily on... Learn More
8. Iron Ore Mining in the US
2024-2025 Revenue Growth: -6.9%
Iron ore miners are highly susceptible to changes in industrial production, which is why COVID-19 wreaked havoc on this industry. Severe iron ore and steel price volatility has significantly impacted iron ore miners. Overall, industry-wide revenue has been falling at a CAGR of 1.6% over the past five years and is expected to total $5.1 billion in 2023, when revenue will plummet by an estimated 13.3%.
Iron ore miners' output has remained stable in recent years, excluding 2020, when mines and steelmakers halted production. Iron ore miners have faced severe price-based volatility over the past five years. Following mine closures in... Learn More
9. Fuel Dealers in the US
2024-2025 Revenue Growth: -6.7%
The industry comprises dealers that supply gasoline, diesel, coal and other heating and vehicular fuels to households and businesses. Most industry revenue is derived from heating oil and propane sales for home heating purposes. During harsh winters, households and businesses will purchase more heating oil and propane, driving demand for fuel and increasing industry revenue. Moreover, industry fuel prices raise dealers' purchase costs when oil and natural gas prices rise. Given that demand for heating oil and propane is inflexible in the short term, fuel dealers can pass on much of these costs to downstream customers, increasing industry revenue and... Learn More
10.
2024-2025 Revenue Growth: -6.6%
The Tank and Armored Vehicle Manufacturing industry have benefited from rising geopolitical tensions after taking a direct hit from plummeting demand before the period. Companies research, develop, manufacture, modify and repair military armored vehicles, self-propelled artillery and tanks. As the United States began to scale down combat operations in the Middle East, the defense budget was reduced, sequestration kicked in, and spending on industry products plunged. Rising geopolitical tensions have caused a surge of US defense contracts with manufacturers for industry-relevant vehicles. Industry revenue has been growing at an annualized 6.3% over the past five years and is expected to... Learn More
