Unsteady ground: Rising imports and volatile exports have created shaky industry conditions

The Construction Machinery Manufacturing industry has been challenged by the appreciating dollar and exchange rate dynamics in recent years. Export markets were quick to rebound following the recession, assisting rapid industry growth. However, this market declined once again as a rising US dollar and increasing competition ate into industry exports. Moreover, the exchange rate dynamic has increased the prevalence of low-cost import penetration into the market, putting price-competitive pressure on domestic manufacturers of industry products. The industry is expected to rebound somewhat over the next five years to 2022, as the value of residential and nonresidential construction improves, creating greater demand for industry products...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22

Industry Threats & Opportunities

  • The industry will grow as the value of residential and nonresidential construction improves
  • The industry is now experiencing a high level of competition from international producers
  • Growth in nonresidential construction is expected to drive industry demand
  • Industry Report - Industry Locations Chapter

    Production costs (e.g. labor and material costs) and the locations of downstream markets and upstream suppliers generally affect industry locations and employment. Many of the industry's major players also manufacture agricultural equipment, which has contributed to the location of some activity in regions with strong agricultural economies. Conversely, small players are usually spread more evenly across the United States. This trend explains why some regions account for a significant proportion of establishments but a relatively low level of employment and industry shipments.Great LakesThe Great Lakes region is estimated to account for 27.3% of industry establishments in 2017. The...purchase to read more.

    Additional Insights for the Construction Machinery Manufacturing Industry

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

  • Latest available technology and techniques
  • Meeting environmental requirements
  • Establishment of export markets
  • IBISWorld analysts also discuss how external factors such as Trade-weighted index and Value of private nonresidential construction in the Construction Machinery Manufacturing industry impact industry performance..

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    What's in this report

    What is the Construction Machinery Manufacturing 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 and equipment
  • Tractor Shovel Loaders
  • Wheel and crawler tractors, dozers and log skidders
  • Motor graders and light maintainers, rollers and compactors
  • Mixers, pavers and related equipment
  • Parts for other construction machinery
  • 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
  • Trade-weighted index
  • Value of private nonresidential construction
  • Value of residential construction
  • Value of utilities construction
  • Yield on 10-year Treasury note
  • Government funding for highways

  • Current Performance
  • Expanding markets
  • Exchange rate dynamics
  • Domestic developments
  • Chart: Revenue Growth

  • Industry Outlook
  • Domestic activity
  • Trade conditions
  • Industry structure
  • Table: Construction Machinery Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Construction Machinery Manufacturing 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
  • Power cranes, draglines and shovels
  • Other
  • Wheel and crawler tractors, dozers and log skidders
  • Other construction machinery and equipment
  • Tractor Shovel Loaders
  • Parts for other construction machinery
  • Motor graders and light maintainers, rollers and compactors
  • Mixers, pavers and related equipment
  • Chart: Construction Machinery Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Export market
  • Residential construction market
  • Infrastructure construction market
  • Commercial construction market
  • Forestry market
  • Municipal construction market
  • Chart: Major Market Segmentation for the Construction Machinery Manufacturing Industry

  • International Trade
    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

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

  • Industry Globalization
    Caterpillar Inc., Deere & Company, Komatsu Ltd.,
  • Table: Caterpillar Inc. - financial performance
  • Table: Deere & Company - financial performance
  • Table: Komatsu Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Construction Machinery Manufacturing 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 Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Value of Construction (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
  • 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?

    IBISWorld’s industry research report on Construction Machinery Manufacturing provides up-to-date sales and market data, allowing you to identify the product and customer segments driving revenue growth. The report identifies the leading companies in the industry, and offers strategic analysis of the key factors influencing the market. Our data forecasts are accompanied by full analysis to illustrate how the market is responding to dominant and emerging trends.

    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:
    • 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 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, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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