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Snowplow Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Snowplow Manufacturing Market Research Report | Industrial Machinery, Gas & Chemicals | Specialized Vehicle Manufacturing | Aug 2014

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

IBISWorld’s Snowplow Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Douglas Dynamics Douglas Dynamics market share
Meyer Products Meyer Products market share
Northern Star Industries Inc. Northern Star Industries Inc. market share
Industry Statistics & Market Size
Revenue
$441m
Annual Growth 09-14
7.6%
Annual Growth 14-19
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Profit
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Employment
735
Businesses
38
Industry Analysis & Industry Trends

The Snowplow Manufacturing industry has benefited from heavy snowfall throughout the United States over the five years to 2014. Nevertheless, industry profit has been pressured by rising commodity prices. High steel prices have forced manufacturers to eliminate excess labor and close inefficient plants. However, companies will invest in new products and innovations in the next five years, strengthening industry demand.... purchase to read more

Industry Report - Industry Investment Chapter

The Snowplow Manufacturing industry is expected to exhibit a medium to high level of capital intensity. Capital intensity has increased during the past five years in line with reduced employment. As the price of steel has risen during the period, operators have sought to salvage their profit margins through increased efficiencies at the operational level. A widespread strategy has been the adoption of lean production techniques, in which fewer workers perform multiple tasks at various points on an assembly line. In addition to human labor being reduced, some human labor has been replaced by robots. The move toward using robots to weld and perform other tasks for the sake of reducing wages and increasing profit is anticipated to raise capital intensity during the next five years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

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 plowsLight-duty plowsUtility vehicle attachmentsReplacement parts and accessoriesSpreaders
 
Industry Activities
Manufacturing light-duty plowsManufacturing heavy-duty plowsManufacturing plow attachmentsManufacturing salt spreaders


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