Job Shops: Market Competitive Analysis
An analysis of a market’s competition examines the number of businesses in the nine divisions of the United States. As depicted in the following graph, market competition was concentrated in the United States’ East North Central division with approximately 21.6 percent of the industry participants based there, followed by the Pacific (19.8 percent), South Atlantic (11.8 percent), Middle Atlantic (11.0 percent) and West South Central (10.5 percent) divisions. The remaining divisions each accounted for less than 10 percent of total market competition within the United States. See the following graph.
Note: Information based on SIC code 3599 (Industrial & Commercial Machinery & Equipment)
Source: Dun & Bradstreet