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

Operators in the Material Handling Equipment Distributors industry wholesale a range of industrial machinery and equipment, including conveying equipment, hoists, cranes, forklifts, industrial trucks and tractors. Capital investment in this industry's products traditionally depends on downstream demand from key markets, such as manufacturers, builders and other wholesalers, whose purchase habits are determined by industrial production, the age of existing machinery and consumer and business confidence. IBISWorld expects private investment in industrial equipment and machinery will expand, to the benefit of industry players. Over the five years to 2023, industry revenue is expected to rise at an annualized rate of 1.6% to $30.4 billion...purchase to read more.

Industry Statistics & Market Size
Revenue
$28bn
Annual Growth 13-18
0.0%
Forecast Growth 18-23
Profit
Employment
63,633
Businesses
4,178
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 manufacturing sector is responsible for the majority of industry revenue
  • The industry is forecast to benefit as many downstream industries expand
  • Industry Report - Industry SWOT Analysis Chapter

    The Material Handling Equipment Distributors industry is in a decline stage of its life cycle. Contributing factors include very slow growth in industry value added (IVA), a measure of the industry's contribution to the overall economy, which is forecast to grow only an annualized 1.4% over the 10 years to 2023. Meanwhile, US GDP is projected to grow an annualized 2.1% during the same period.The total number of industry companies is expected to decline an annualized 0.7% during the 10 years to 2023. This industry is expected to demonstrate a long-term consolidating trend. Major operators underwent mergers and acquisitions in recent years. Small, sole proprietorships and other nonemploying, low-revenue businesses are expected to account for a significant number of enterprises...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
    InternalExternal
    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 (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Private investment in industrial equipment and machinery (2009-2023)

  • 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

    Why buy this report?

    The Material Handling Equipment Distributors 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 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

    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 Material Handling Equipment Distributors, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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