Industry revenue of “R&D in the physical, engineering and life sciences“ in the U.S. 2012-2024

Published by Statista Research Department, Sep 30, 2021

This statistic shows the revenue of the industry “research and development in the physical, engineering, and life sciences“ in the U.S. from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of research and development in the physical, engineering, and life sciences in the U.S. will amount to approximately 180,3 billion U.S. Dollars by 2024.

Industry revenue of “R&D in the physical, engineering and life sciences“ in the U.S. from 2012 to 2024 (in billion U.S. Dollars)

Characteristic	Revenue in billion U.S. Dollars
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Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

The industry classification is based on the Naics 2017 - system in the U.S.. The industry “research and development in the physical, engineering, and life sciences“ has the code “54171“.

Details on the methodology can be found here.

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