Brick by brick: Strong growth in building activity will bolster industry revenue

Following strong growth in building activity, particularly in California, industry revenue has increased over the five years to 2017. Residential building activity has been the primary catalyst for industry growth, with the value of residential construction in California skyrocketing over the past five years due to higher employment levels, rising per capita disposable income and expanded access to credit. Over the next five years, IBISWorld forecasts that revenue will continue growing at a slightly accelerated rate...purchase to read more.

Industry Statistics & Market Size
Revenue
$372m
Annual Growth 12-17
2.9%
Forecast Growth 17-22
Profit
Employment
892
Businesses
48

Industry Threats & Opportunities

  • Residential building activity has been the primary catalyst for industry growth
  • Year-to-year growth over the five-year period has been slightly volatile
  • Industry growth is expected to continue and strengthen in the next five years
  • Industry Report - Industry Key Buyers Chapter

    California's Construction Machinery Manufacturing industry is characterized by a low level of market share concentration, with the majority of companies accounting for less than 5.0% of total industry revenue. IBISWorld estimates that the largest player, Multiquip, accounts for between 5.0% and 10.0% of industry revenue. While Multiquip and other top companies, including Sweco and De La Rosa Manufacturing, operate multiple facilities out of state, the majority of businesses in this industry do not have more than one location. Moreover, many industry players, including De La Rosa and Trenchers and Equipment Inc., specialize in one or a small number of products. These factors promote an overall low level of market share concentration, which has remained stable during the past five years...purchase to read more.

    Additional Insights for the Construction Machinery Manufacturing in California Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Construction Machinery Manufacturing in California Industry are

  • Latest available technology and techniques
  • Meeting environmental requirements
  • Establishment of export markets
  • IBISWorld analysts also discuss how external factors such as Government funding for highways and Value of nonresidential construction in California in the Construction Machinery Manufacturing in California industry impact industry performance..

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    What's in this report

    What is the Construction Machinery Manufacturing in California Industry?

    Industry operators manufacture construction machinery and equipment for use in residential, nonresidential, highway, street and other infrastructure construction.

    Industry Products
  • Power cranes, draglines and shovels
  • Other construction machinery, equipment and parts
  • Tractor Shovel Loaders
  • Bulldozers
  • Graders, maintainers, mixers, pavers and related equipment
  • Industry Activities
  • Backhoe
  • Bucket and excavator (e.g. clamshell, concrete, drag scraper, dragline and shovel)
  • Bulldozer
  • Construction-type crane
  • Portable crushing, pulverizing and screening machinery
  • Logging machinery
  • Roller, road construction and maintenance machinery
  • Power shovel
  • Crawler tractor
  • Off-highway truck
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Government funding for highways
  • Value of nonresidential construction in California
  • Value of Residential Construction in California
  • World price of steel

  • Current Performance
  • Strong but uneven revenue growth
  • Profit rises
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand strengthens
  • Profit holds
  • Table: Construction Machinery Manufacturing in California Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Construction Machinery Manufacturing in California Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Construction
  • Construction & Mining Equipment Wholesaling
  • Heavy Equipment Rental

  • Key Selling Industries
  • Engine & Turbine Manufacturing
  • Metal Stamping & Forging
  • Power Tools & Other General Purpose Machinery Manufacturing
  • Steel Rolling & Drawing
  • Wind Turbine Manufacturing

  • Products & Services
  • Other construction machinery, equipment and parts
  • Power cranes, draglines and shovels
  • Other
  • Bulldozers
  • Tractor Shovel Loaders
  • Graders, maintainers, mixers, pavers and related equipment
  • Chart: Construction Machinery Manufacturing in California Industry Products and Services Segmentation

  • Major Markets
  • Nonresidential construction
  • Exports
  • Residential construction
  • Other
  • Chart: Major Market Segmentation for the Construction Machinery Manufacturing in California Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRent and UtilitiesDepreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Construction Machinery Manufacturing in California

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Construction Machinery Manufacturing in California Industry

  • Multiquip Inc., De La Rosa Manufacturing Inc., Sweco Products Inc., Trenchers and Equipment Inc.,
  • Table: Multiquip Inc. - financial performance
  • Table: De La Rosa Manufacturing Inc. - financial performance
  • Table: Sweco Products Inc. - financial performance
  • Table: Trenchers and Equipment Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Construction Machinery Manufacturing in California Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Construction Machinery Manufacturing in California Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Value of Residential Construction in California (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Dozer
  • A machine with a long blade that creates a flat surface.
  • Environmental Protection Agency (Epa)
  • A government agency designed to protect human health and safeguard the natural environment.
  • North American Free Trade Agreement (Nafta)
  • A generally duty-free agreement signed by the governments of Canada, Mexico and the United States creating a trilateral trade bloc in North America.
  • Safe, Accountable, Flexible, Efficient Transportat
  • Third in a series of federal multiyear transport infrastructure funding programs. Enacted in 2005.
  • Tractor Shovel Loaders
  • Construction equipment that includes different loader-backhoes, such as skid steer, wheel and crawler.
  • What Our Customers Say

    Why buy this report?

    The Construction Machinery Manufacturing in California industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Construction Machinery Manufacturing in California:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Construction Machinery Manufacturing in California market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Construction Machinery Manufacturing in California, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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