Heavy load: Slower demand from the oil, gas and mining sectors will temporarily hurt revenue

Capital investment into the Material Handling Equipment Distributors industry's products traditionally depends on downstream demand from manufacturers and other wholesalers, whose purchase habits are in turn determined by industrial production (i.e. capacity utilization), the age of existing machinery and business confidence. The industry's performance over the past five years has been characterized by substantial growth, recession-induced declines and ongoing recovery. Operators can expect to continue to regain revenue in the coming five years as the economy further improves...purchase to read more.

Industry Statistics & Market Size
Revenue
$27bn
Annual Growth 11-16
1.2%
Forecast Growth 16-21
Profit
Employment
59,546
Businesses
4,289
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The recovery in US industrial production has driven recent industry gains
  • The industry will continue to be highly fragmented over the next five years
  • Low commodity prices forced many companies to postpone or cancel investment projects
  • Industry Report - Industry Products Chapter

    ForkliftsProducts in this segment include electric, narrow-aisle, motorized, cushion and pneumatic trucks. Forklifts are capable of carrying varying loads, but some can maneuver weights in excess of 35,000 pounds. In turn, prices for products in this segment correlate with features including weight capabilities, size, efficiency and type of power. Over the past five years, this industry saw sales move from new machinery to used equipment and replacement parts. Many companies are focusing on maintenance in an effort to extend the useful life of capital equipment. As such, sales of new forklifts fell over the past five years from over one-third of all industry revenue to an estimated 25.3% in 2016...purchase to read more.

    Additional Insights for the Material Handling Equipment Distributors Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Material Handling Equipment Distributors Industry are

  • Having links with suppliers
  • Having technology-sharing arrangements with major players
  • Having a good technical knowledge of the product
  • IBISWorld analysts also discuss how external factors such as Industrial production index and Private investment in industrial equipment and machinery in the Material Handling Equipment Distributors industry impact industry performance..

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    What's in this report

    What is the Material Handling Equipment Distributors Industry?

    This industry distributes material handling equipment, usually on a wholesale basis. Products include conveying equipment, hoists, cranes, forklifts and industrial trucks and tractors. Some larger players are vertically integrated, from production through distribution.

    Industry Products
  • Conveying equipment, hoists and cranes
  • Forklifts
  • Used sales, labor charges and OEM parts
  • Industrial trucks and tractors
  • Industry Activities
  • Wholesaling material handling machinery and equipment
  • Distributing material handling machinery and equipment
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Industrial production index
  • Private investment in industrial equipment and machinery
  • Demand from warehousing and storage
  • Price of steel

  • Current Performance
  • Demand by segment
  • Profit margins rise
  • Chart: Revenue Growth

  • Industry Outlook
  • Downstream demand
  • Industry trends
  • Table: Material Handling Equipment Distributors Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Material Handling Equipment Distributors Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Construction
  • Manufacturing
  • Wholesale Trade
  • Retail Trade
  • Public Administration

  • Key Selling Industries
  • Forklift & Conveyor Manufacturing

  • Products & Services
  • Used sales, labor charges and OEM parts
  • Forklifts
  • Conveying equipment, hoists and cranes
  • Other
  • Industrial trucks and tractors
  • Chart: Material Handling Equipment Distributors Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Industrial producers
  • Wholesalers
  • Businesses for end use
  • Other
  • Retailers
  • Construction and contractors
  • Chart: Major Market Segmentation for the Material Handling Equipment Distributors Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Material Handling Equipment Distributors

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Material Handling Equipment Distributors 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 Material Handling Equipment Distributors 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 Material Handling Equipment Distributors Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Private investment in industrial equipment and machinery (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Capacity Utilization
  • In the context of this industry, the percentage of the manufacturing capacity (e.g. a plant) that is actually used for production purposes.
  • Conveyor
  • Mechanical system whereby an item is transported to sites at which successive operations are performed on it.
  • Hoist
  • A device used for lifting or lowering a load by means of a drum or lift-wheel around which rope or chain wraps.
  • What Our Customers Say

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    This report on Material Handling Equipment Distributors:
    • 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 Material Handling Equipment Distributors 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

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