From: Relation of R&D expense to turnover and number of listed companies in all industrial fields
Ranking | US SIC primary code - Text description | Average R&D investment (CAGR, %) | Median | Standard deviation | Minimum | Maximum |
---|---|---|---|---|---|---|
1 | 28 - Chemicals and allied products | 151,884,109 (4.39) | 154,019,882 | 16,847,820 | 125,179,857 | 176,548,957 |
2 | 36 - Electronic and other electrical equipment and components, except computer equipment | 115,438,474 (3.15) | 124,361,807 | 15,109,790 | 93,528,903 | 133,242,357 |
3 | 37 - Transportation equipment | 108,119,248 (2.06) | 112,322,852 | 10,067,455 | 92,306,185 | 119,505,243 |
4 | 73 - Business services | 56,528,208 (11.19) | 52,848,383 | 16,663,724 | 37,147,573 | 86,762,354 |
5 | 35 - Industrial and commercial machinery and computer equipment | 53,895,319 (4.74) | 55,258,316 | 6,953,883 | 43,909,638 | 63,622,179 |
6 | 38 - Measuring, analyzing and controlling instruments; photographic, medical and optical goods; watches and clocks | 25,523,664 (4.05) | 26,861,865 | 2,715,436 | 21,417,885 | 29,430,019 |
7 | 13 - Oil and gas extraction | 16,497,156 (7.23) | 18,152,769 | 3,401,947 | 11,045,634 | 19,951,396 |
8 | 48 - Communications | 12,563,872 (−1.05) | 12,504,317 | 1,080,100 | 10,715,087 | 14,265,049 |
9 | 29 - Petroleum refining and related industries | 10,699,576 (8.03) | 10,232,185 | 1,979,904 | 7,725,321 | 14,332,164 |
10 | 20 - Food and kindred products | 9,180,171 (3.95) | 9,860,196 | 1,257,921 | 7,231,432 | 10,202,145 |