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Snowplowing Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Snowplowing Services Market Research Report | Specialist Engineering, Infrastructure & Contractors | General Contractors | Dec 2014

Let it snow: A continued expansion in the US economy will underpin industry demand

IBISWorld’s Snowplowing Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$17bn
Annual Growth 09-14
3.8%
Annual Growth 14-19
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Profit
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Employment
260,302
Businesses
110,427
Industry Analysis & Industry Trends

In the five years to 2014, the Snowplowing Services industry benefited from favorable weather conditions, including greater than average annual snowfall totals and substantial snow events. In the next five years, industry revenue growth will largely be determined by national weather patterns, as colder winters with higher levels of winter precipitation are beneficial to industry operators. Rising US employment, disposable income levels and consumer spending will increase demand for snow and ice removal services, as businesses will spend more to protect their employees and consumers from potential slips and falls related to inclement weather.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

Industry value added (IVA), which measures the industry's contribution to GDP, is expected to grow faster than the economy as a whole, expanding at an average annual rate of 3.9% from 2009 to 2019. Comparatively, GDP is expected to grow at an average annual rate of 2.5% over the same time frame. In general, an IVA rate, which exceeds the overall economy is indicative of a growing industry. Other factors, such as expanding industry revenue, a rising number of companies and establishments, increased employment and an enhanced level of product development also point to an industry in its growth phase.

Another indicator of the industry's growth phase involves the level of product innovation... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Snowplowing Services Industry?

Companies in this industry provide snow plowing and ice removal services. The industry does not include ice removal or snow plowing by municipalities and government.

Industry Products
Parking lot and street plowingDeicing and anti-icingSidewalk and doorway snow clearing
 
Industry Activities
Snowplowing and snow removalSalting and deicingSnow clearing for sidewalks


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