Heavy lifting: A spike in export activity is anticipated to fuel demand for industry services

Over the five years to 2017, conflicting demand trends affecting the Industrial Machinery and Equipment Wholesaling industry in Florida have resulted in falling industry revenue. For instance, the industrial production index, which measures output from the manufacturing, mining and utilities industries, has been growing over the period. Businesses in these industries frequently use industry products for various applications throughout their operations. However, Florida has experienced weak trade activity, and as ports are key users of material handling equipment, the decline in exports has weakened demand over the period...read more.

Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 12-17
-0.4%
Forecast Growth 17-22
Profit
Employment
16,091
Businesses
2,107

Industry Threats & Opportunities

  • Conflicting demand trends have ultimately resulted in falling industry revenue
  • The decline in exports from Florida has been a key contributor to falling industry revenue
  • The industrial production index is anticipated to maintain a similar growth trend
  • Industry Report - Industry Analysis Chapter

    The Industrial Machinery and Equipment Wholesaling industry in Florida distributes a variety of products, including material-handling equipment, such as hoists and forklifts; general-purpose equipment, such as diesel engines and pumps; metalworking machinery; and specialized machinery for niche uses, such as textile equipment. Traditionally, purchases of this industry’s products largely rely on the level of manufacturing activity. However, given Florida’s proximity to major ports, trade is a major influencer of demand for industry products. While industrial production has been increasing, indicating growth in major downstream markets, trade activity in Florida has been weak due to declining exports. As ...purchase to read more.

    Additional Insights for the Industrial Machinery & Equipment Wholesaling in Florida Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Industrial Machinery & Equipment Wholesaling in Florida Industry are

  • Ability to clearly specify requirements to suppliers/contractors
  • Having a loyal customer base
  • Having a good technical knowledge of the product
  • IBISWorld analysts also discuss how external factors such as Total Exports from Florida and Private investment in industrial equipment and machinery in the Industrial Machinery & Equipment Wholesaling in Florida industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Industrial Machinery & Equipment Wholesaling in Florida Industry?

    Industrial machinery and equipment wholesalers primarily distribute specialized machinery, equipment and related parts used in manufacturing, extraction and warehousing industries. Wholesalers refrain from selling products to the public but distribute new and used products to various sectors, as well as service receipts from repairs and labor performed on customer equipment.

    Industry Products
  • General-purpose machinery and equipment
  • Metalworking machinery and equipment
  • Materials handling machinery and equipment
  • Heavy-duty industrial machinery and equipment
  • Service receipts and labor charges
  • Industry Activities
  • Wholesaling general-purpose industrial machinery and equipment
  • Wholesaling other industrial machinery and equipment
  • Wholesaling oil-well machinery and equipment
  • Wholesaling material-handling machinery and equipment
  • Wholesaling metalworking machinery and equipment
  • Performing service and labor on equipment and machinery
  • Wholesaling food-processing machinery and equipment
  • Wholesaling hydraulic and pneumatic equipment and machinery
  • Similar Industries
  • Construction & Mining Equipment Wholesaling
  • Farm, Lawn & Garden Equipment Wholesaling
  • Industrial Supplies Wholesaling
  • Janitorial Equipment Supply Wholesaling
  • Aircraft, Marine & Railroad Transportation Equipment Wholesaling
  • Construction & Mining Equipment Wholesaling in California
  • Industrial Machinery & Equipment Wholesaling in California
  • Industrial Supplies Wholesaling in California
  • Construction & Mining Equipment Wholesaling in New York
  • Industrial Machinery & Equipment Wholesaling in New York
  • Industrial Supplies Wholesaling in New York
  • Construction & Mining Equipment Wholesaling in Illinois
  • Farm, Lawn & Garden Equipment Wholesaling in Illinois
  • Industrial Machinery & Equipment Wholesaling in Illinois
  • Industrial Supplies Wholesaling in Illinois
  • Construction & Mining Equipment Wholesaling in Texas
  • Farm, Lawn & Garden Equipment Wholesaling in Texas
  • Industrial Supplies Wholesaling in Texas
  • Industrial Machinery & Equipment Wholesaling in Texas
  • Construction & Mining Equipment Wholesaling in Florida
  • Industrial Supplies Wholesaling in Florida
  • Industrial Machinery & Equipment Wholesaling in Massachusetts
  • Industrial Supplies Wholesaling in Massachusetts
  • Construction & Mining Equipment Wholesaling in Ohio
  • Industrial Supplies Wholesaling in Ohio
  • Industrial Machinery & Equipment Wholesaling in Ohio
  • Construction & Mining Equipment Wholesaling in Pennsylvania
  • Industrial Machinery & Equipment Wholesaling in Pennsylvania
  • Industrial Supplies Wholesaling in Pennsylvania
  • Construction & Mining Equipment Wholesaling in New Jersey
  • Industrial Machinery & Equipment Wholesaling in New Jersey
  • Industrial Supplies Wholesaling in New Jersey
  • Industrial Machinery & Equipment Wholesaling in Georgia
  • Industrial Supplies Wholesaling in Georgia
  • Industrial Machinery & Equipment Wholesaling in Michigan
  • Industrial Supplies Wholesaling in Michigan
  • Industrial Machinery & Equipment Wholesaling in Wisconsin
  • Industrial Supplies Wholesaling in Wisconsin
  • Industrial Machinery & Equipment Wholesaling in Washington
  • Industrial Supplies Wholesaling in Washington
  • Industrial Machinery & Equipment Wholesaling in Virginia
  • Industrial Supplies Wholesaling in Virginia
  • Industrial Machinery & Equipment Wholesaling in Tennessee
  • Industrial Supplies Wholesaling in Tennessee
  • Construction & Mining Equipment Wholesaling in Missouri
  • Farm, Lawn & Garden Equipment Wholesaling in Missouri
  • Industrial Machinery & Equipment Wholesaling in Missouri
  • Industrial Machinery & Equipment Wholesaling in North Carolina
  • Industrial Supplies Wholesaling in North Carolina
  • Industrial Machinery & Equipment Wholesaling in Minnesota
  • Industrial Supplies Wholesaling in Minnesota
  • Industrial Machinery & Equipment Wholesaling in Maryland
  • Industrial Supplies Wholesaling in Maryland
  • Industrial Machinery & Equipment Wholesaling in Colorado
  • Industrial Supplies Wholesaling in Colorado
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Total Exports from Florida
  • Private investment in industrial equipment and machinery
  • Total trade value
  • Industrial production index

  • Current Performance
  • Conflicting demand trends
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand growth fuels revenue
  • Industry landscape outlook
  • Table: Industrial Machinery & Equipment Wholesaling in Florida Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Industrial Machinery & Equipment Wholesaling in Florida Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Oil Drilling & Gas Extraction
  • Construction
  • Manufacturing
  • Machine Shop Services
  • Wholesale Trade
  • Retail Trade
  • Public Storage & Warehousing
  • Public Administration

  • Key Selling Industries
  • Copier & Optical Machinery Manufacturing
  • Forklift & Conveyor Manufacturing
  • Metalworking Machinery Manufacturing
  • Mining, Oil & Gas Machinery Manufacturing
  • Pump & Compressor Manufacturing
  • Valve Manufacturing
  • Woodworking Machinery Manufacturing

  • Products & Services
  • General-purpose machinery and equipment
  • Heavy-duty industrial machinery and equipment
  • Other
  • Materials handling machinery and equipment
  • Metalworking machinery and equipment
  • Service receipts and labor charges
  • Chart: Industrial Machinery & Equipment Wholesaling in Florida Industry Products and Services Segmentation

  • Major Markets
  • Manufacturers
  • Other markets
  • Wholesalers
  • Businesses for end use
  • Retailers for resale
  • Chart: Major Market Segmentation for the Industrial Machinery & Equipment Wholesaling in Florida Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Industrial Machinery & Equipment Wholesaling in Florida

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Industrial Machinery & Equipment Wholesaling in Florida Industry

  • W.W. Grainger Inc., Douglas Equipment, E&W Tool and Supply Inc., MSC Industrial Direct Co. Inc.,
  • Table: W.W. Grainger Inc. - financial performance
  • Table: Douglas Equipment - financial performance
  • Table: E&W Tool and Supply Inc. - financial performance
  • Table: MSC Industrial Direct Co. Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Industrial Machinery & Equipment Wholesaling in Florida 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 Industrial Machinery & Equipment Wholesaling in Florida Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Capacity Utilization
  • In the context of this industry, this represents an industry's percentage of the manufacturing capacity (e.g. a plant) that is actually used for production purposes.
  • Maintenance, Repair And Operations (Mro)
  • Machinery and equipment used mainly for maintenance and repair purposes, which includes conveyors and plumbing tools.
  • Offshoring
  • The relocation of a company's business process, such as manufacturing or accounting, from one country to another, whether the work is outsourced or stays within the company.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Industrial Machinery & Equipment Wholesaling in Florida contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

    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 Industrial Machinery & Equipment Wholesaling in Florida:
    • 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 Industrial Machinery & Equipment Wholesaling in Florida 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 Industrial Machinery & Equipment Wholesaling in Florida, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear