Industry Analysis & Industry Trends
Clean slate
While demolition is usually associated with wrecking balls and implosions, it relies more heavily on mechanical equipment to do the dirty work. Since industry performance is tied to directly to construction, renewed demand and growth in housing starts will facilitate demand for demolition equipment. In the short term, profitability is set to grow, but higher commodity prices in the latter part of the next five years will limit growth.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry is characterized by a high level of concentration, with the top four firms accounting for a combined revenue share of 79.0%. Caterpillar holds a domestic market share of 34.1%, Komatsu has 23.3%, Volvo Group has 12.5% and Terex has 9.1%. The remaining 21.0% of the Demolition Equipment Manufacturing industry is dominated by other large multinational firms, such as Atlas Copco, Deere & Co. and Doosan Infracore. These companies have major operations in their local markets, with a smaller presence in the US market.
Concentration has increased since 2006 due to M&A activity, along with some industry exits during the economic downturn. Over the five years to 2011, the total number of firms is estimated to have declined at an average annual rate of 0.6% to 140... purchase to read more