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Highest Industry Growth

Goals

To find the most promising industries for the next 5 and 10 years in terms of CAGR.

Early Findings

Industries with the Highest Growth in US in 2020

The U.S. industries that generated the highest growth in 2019-2020 are:
  • 3D Printing & Rapid Prototyping Services with 28.8%
  • Hydraulic Fracturing Services with 27.8%
  • Medical & Recreational Marijuana Growing with 25.2%
  • Autonomous Underwater Vehicle Manufacturing with 24.4%
  • Wind Power with 24.3%
  • Medical & Recreational Marijuana Stores with 23.4%
  • Ship Building with 20.6%
  • Solar Power with 20.0%
  • Massage Franchises with 18.0%
  • 3D Printer Manufacturing with 17.9%

Industries with the Highest Projected Growth in US

  • The Home Healthcare Services industry is projected to grow from $56.8 billion in 2008 to nearly $115 billion in 2028.
  • The renewable energy industry is expected to reach $1.5 trillion by 2025, with a CAGR of 6.1% between 2018 to 2025.
  • The medical/healthcare industry is expected to generate a CAGR of 5.4% up to 2022.
  • The computer systems design and related services industry is expected to generate a 15% rise in employment by 2022.
  • The global thermal imaging industry is estimated to grow at a CAGR of 6.2% by 2025.
  • The U.S. freight industry is expected to grow by 54% up to 2030, according to the American Trucking Associations.
  • The construction industry is expected to generate a CAGR of 4.5% in the next few years, according to Tradesmen international.

Proposed next steps:

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