Building blocks: Construction sector rebound will offset stagnant mining demand

The Construction and Mining Equipment Wholesaling industry has performed well over the past five years. Industry products are crucial to the operation of the construction and mining (except oil and gas) sectors. In addition, the vast majority of construction and mining equipment is distributed through wholesalers. Despite weak demand from the mining sector, industry sales grew over the past five years as construction sector demand expanded substantially. Demand for the industry's products from the construction sector has been particularly strong. Conversely, the mining sector has been challenged in recent years...purchase to read more.

Industry Statistics & Market Size
Revenue
$113bn
Annual Growth 13-18
4.4%
Forecast Growth 18-23
Profit
Employment
102,817
Businesses
6,368
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Demand for the industry’s products from the construction sector has been particularly strong
  • Nearly all manufacturers of construction and mining equipment sell through wholesalers
  • Construction companies will likely invest in new machinery and equipment
  • Industry Report - Industry Key Buyers Chapter

    The Construction and Mining Equipment Wholesaling industry is characterized by a very low level of market share concentration, with the top four operators estimated to account for less than 5.0% of industry revenue. The majority of industry operators are regionally based distributors of specific brands of construction or mining equipment and machinery. Major construction and mining equipment manufacturers typically give small wholesaling operations the rights to distribute their products within a designated regional hub. For example, Schmidt Equipment Inc. is the designated wholesaler for John Deere and Hitachi (which distributes through John Deere in the Americas) in Massachusetts and Rhode Island, and operates five establishments within this area. In ...purchase to read more.

    Additional Insights for the Construction & Mining Equipment Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Construction & Mining Equipment Wholesaling Industry are

  • Proximity to key markets
  • Having a loyal customer base
  • Having links with suppliers
  • IBISWorld analysts also discuss how external factors such as Value of residential construction and Value of private nonresidential construction in the Construction & Mining Equipment Wholesaling industry impact industry performance..

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    What's in this report

    What is the Construction & Mining Equipment Wholesaling Industry?

    Operators in this industry wholesale specialized machinery and equipment that is used in construction and mining operations. This industry does not include wholesalers of oil and natural gas machinery and equipment, which are included in the Industrial Machinery and Equipment Wholesaling industry (IBISWorld report 42383).

    Industry Products
  • New construction and mining equipment
  • Used construction and mining equipment
  • Parts and supplies
  • Other new equipment
  • Industry Activities
  • Wholesaling excavating machinery and equipment
  • Wholesaling forestry machinery and equipment
  • Wholesaling mining cranes
  • Wholesaling concrete processing equipment
  • Wholesaling cranes (except industrial)
  • Wholesaling logging equipment
  • Wholesaling mining machinery and equipment (except petroleum)
  • Wholesaling quarrying machinery and equipment
  • Wholesaling street sweeping and cleaning equipment
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Value of residential construction
  • Value of private nonresidential construction
  • Demand from mining (except oil and gas)
  • Freight transportation services index
  • Government funding for highways
  • Value of utilities construction

  • Current Performance
  • Demand from construction
  • Demand from mining
  • Limited competition
  • Profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Growth in construction demand
  • Growth in mining demand
  • Expanded infrastructure spending
  • Profit to rise
  • Table: Construction & Mining Equipment Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Construction & Mining Equipment Wholesaling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Timber Services
  • Logging
  • Mining
  • Industrial Building Construction
  • Concrete Contractors
  • Excavation Contractors
  • Road & Highway Construction
  • Road & Highway Maintenance

  • Key Selling Industries
  • Construction Machinery Manufacturing
  • Mining, Oil & Gas Machinery Manufacturing

  • Products & Services
  • Other new equipment
  • Parts and supplies
  • New construction and mining equipment
  • Used construction and mining equipment
  • Chart: Construction & Mining Equipment Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
  • The value of construction
  • The value of mining
  • Other factors

  • Major Markets
  • Mining operations
  • Construction projects
  • Businesses for use in own operations, not for re-sale or production
  • Other wholesalers
  • Miscellaneous other markets
  • Retailers
  • Federal, state and local governments
  • Farms
  • Chart: Major Market Segmentation for the Construction & Mining Equipment Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Rent, utilities, depreciation, marketing and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Construction & Mining Equipment Wholesaling

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Construction & Mining Equipment Wholesaling Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Construction & Mining Equipment Wholesaling 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 & Mining Equipment Wholesaling Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Value of construction (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Cherry Picker
  • A crane with a platform attached at its top, used to raise and lower workers.
  • Continuous Mining Machine
  • A machine that rips coal or other minerals from a mine wall, which it then collects and loads onto a conveyor belt in one continuous operation.
  • Dragline
  • A large excavator equipped with a bucket that is operated with a crane and wire.
  • Drilling Rig
  • Machinery of varying size that is used to create holes in the ground to expose or harvest minerals.
  • Excavator
  • A piece of heavy construction equipment with a shovel or bucket attached to its front. Used to dig and move earth and other materials.
  • Forklift
  • A vehicle equipped with a pronged device on its front used to lift and carry materials and equipment.
  • Grader
  • A construction machine with a long blade used to create a flat surface
  • Roller
  • An engineering vehicle used to compact soil, gravel, concrete, or asphalt in the construction of roads and foundations.
  • Tractor
  • A tractor is any vehicle that is used to haul materials or equipment, either via an unpowered vehicle (i.e. a trailer) or with a shovel.
  • What Our Customers Say

    Why buy this report?

    The Construction & Mining Equipment Wholesaling Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.

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

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