Cold snap: Snowy weather patterns and new products will drive demand for snowplows

IBISWorld’s Industry Market Report on Snowplow Manufacturing is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.


Industry Threats & Opportunities

  • Pent-up demand and innovative plowing systems will facilitate industry growth
  • Steel prices have drastically declined, giving way to higher profit
  • Precipitation levels are expected to remain largely unchanged throughout the five-year period

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    Industry Analysis & Industry Trends

    Over the five years to 2016, the Snowplow Manufacturing industry's revenue is expected to grow as high precipitation levels led to high amounts of snowfall throughout the Northeast, East, Midwest and Western United States, increasing the need for snowplows and other snow control products. Over the five years to 2021, the industry will likely continue to grow, albeit at a slower pace. Global growth concerns are anticipated to linger in the short-term while the US dollar continues to rally against other currencies, subduing further export growth.


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    Industry Report - Starting a New Business Chapter

    Barriers to entry in this industry are medium. The Snowplow Manufacturing industry exhibits a high level of concentration. This factor represents the most significant barrier to entry, as new industry participants must compete against efficient, vertically integrated players with large economies of scale. Furthermore, since the industry exhibits a low level of technology change, there will likely not be any opportunities for new players to enter the market on the back of a new technology. Since smaller operators cannot compete on price with the larger companies' economies of scale, they will likely leave the industry, increasing industry concentration. Consequently, IBISWorld expects that the barriers to entry in this industry will rise over the next five years.


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    Additional Insights for the Snowplow Manufacturing Industry

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

  • Targeting key geographies
  • Brand loyalty
  • Distribution arrangements
  • IBISWorld analysts also discuss how external factors such as Average annual precipitation and Trade-weighted index in the Snowplow Manufacturing industry impact industry performance..

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    Industry Products

    What is the Snowplow Manufacturing Industry?

    This industry manufactures snowplows and spreaders, which are devices mounted on vehicles to remove snow and ice from outdoor surfaces. Products vary based on intended purpose and vehicle size. Most companies offer light-duty, heavy-duty and utility vehicle plows. The industry does not include lawn- and garden-type snow-moving equipment.

    Industry Products
    Heavy-duty plows
    Light-duty plows
    Utility vehicle attachments
    Replacement parts and accessories
    Industry Activities
    Manufacturing light-duty plows
    Manufacturing heavy-duty plows
    Manufacturing plow attachments
    Manufacturing salt spreaders

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Average annual precipitation
  • Trade-weighted index
  • Value of construction
  • World price of steel
  • Prime rate

  • Current Performance
  • Input cost volatility
  • Heavy trade activity
  • Chart: Revenue Growth

  • Industry Outlook
  • Construction expansion helps demand
  • Product innovation and lean manufacturing
  • Table: Snowplow Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Snowplow Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Construction & Mining Equipment Wholesaling
  • Lawn & Outdoor Equipment Stores
  • Landscaping Services
  • Remediation & Environmental Cleanup Services
  • Consumers

  • Key Selling Industries
  • Iron & Steel Manufacturing
  • Metalworking Machinery Manufacturing
  • Valve Manufacturing
  • Wire & Spring Manufacturing

  • Products & Services
  • Heavy-duty plows
  • Light-duty plows
  • Utility vehicle attachments
  • Replacement parts and accessories
  • Spreaders
  • Chart: Snowplow Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Professionals
  • Consumers
  • Chart: Major Market Segmentation for the Snowplow Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Purchases
  • Wages
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Snowplow Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Snowplow Manufacturing Industry

  • Industry Globalization
    Major Companies
    Douglas Dynamics Inc.Meyer Products
  • Table: Douglas Dynamics Inc. - financial performance
  • Table: Meyer Products - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Snowplow Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Snowplow Manufacturing Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • World Price of Steel (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Lake-Effect Snow
  • A common weather pattern in which wind gathers moisture from the surface of large bodies of water and deposits the accumulation on land as snow.
  • Lean Production
  • A manufacturing philosophy that pursues increased efficiencies at every facet of production.
  • Moldboard
  • The large flat metal surface of a plow that makes contact with the road and pushes snow and other debris aside.
  • Why buy this report?

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

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