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 Products Chapter
Snowplows feature a few key parts. They employ a moldboard, which is the prominent blade that pushes snow and debris. They also include a mount, which attaches the moldboard to a vehicle. Last, snowplows require a drivetrain, which is a system of hydraulic or otherwise powered connections that enable the plow to move up, down and articulate from side to side.
Heavy-duty plows are expected to form the majority of revenue for US snowplow manufacturers. Part of the reason stems from the fact that heavy-duty plows are suited for professional snow-removal firms. Demand moves more consistently with snow patterns because these firms use snowplows as a vital input to their businesses... purchase to read more