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Industrial Machinery & Equipment Wholesaling in Minnesota

Author.Name IBISWorld United States Last Updated: April 2025 NAICS MN42383

Industrial Machinery & Equipment Wholesaling in Minnesota industry analysis

The Industrial Machinery & Equipment Wholesaling industry in Minnesota is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to xxx locations. Industry employment has increased an annualized x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Industrial Machinery & Equipment Wholesaling in Minnesota Market Research Report

What’s Included in the Industrial Machinery & Equipment Wholesaling in Minnesota Market Research Report

Definition of the Industrial Machinery & Equipment Wholesaling in Minnesota?

Industrial machinery and equipment wholesalers primarily distribute specialized machinery, equipment and related parts used in manufacturing, extraction and warehousing industries. Wholesalers refrain from selling products to the public but distribute new and used products to various sectors, as well as service receipts from repairs and labor performed on customer equipment.

What’s included in the Industrial Machinery & Equipment Wholesaling in Minnesota?

The Industrial Machinery & Equipment Wholesaling in Minnesota includes general-purpose industrial machinery and equipment, oil-well machinery and equipment, material handling machinery and equipment, metalworking machinery and equipment, performing service and labor on equipment and machinery, food processing machinery and equipment, hydraulic and pneumatic equipment and machinery and other industrial machinery and equipment. Related terms covered in the Industrial Machinery & Equipment Wholesaling in Minnesota industry report includes the relocation of a company's business process, such as manufacturing or accounting, from one country to another. the work can be outsourced or stay within the company, machinery and equipment used mainly for maintenance and repair purposes, including conveyors and plumbing tools and in the context of this industry, the percentage of manufacturing capacity actually used for production purposes.

Industry Performance of the Industrial Machinery & Equipment Wholesaling industry in Minnesota

Benchmark the Industrial Machinery & Equipment Wholesaling in Minnesota industry performance with all MN county and national performance.

Industrial Machinery & Equipment Wholesaling in Minnesota

#12 in Highest Revenue 2.3% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Industrial Machinery & Equipment Wholesaling in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Industrial Machinery & Equipment Wholesaling industry in Minnesota

See how key industry drivers, such as population, new business formation, unemployment rate, private investment in industrial equipment and machinery, industrial production index and percentage of business conducted online are impacting Industrial Machinery & Equipment Wholesaling in Minnesota

Minnesota Economic Indicators

Population
New Business Formation
Unemployment Rate

View more economic information in MN State Economic profile

US Key External Drivers

Private investment in industrial equipment and machinery
Industrial production index
Percentage of business conducted online

For the full list of industry drivers, see report purchase options.

County Data of the Industrial Machinery & Equipment Wholesaling industry in Minnesota

Access proprietary data on county in the Industrial Machinery & Equipment Wholesaling in Minnesota, such as Hennepin County, Dakota County and Ramsey County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Industrial Machinery & Equipment Wholesaling industry in Minnesota

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Industrial Machinery & Equipment Wholesaling industry in Minnesota in 2025?

The market size of the Industrial Machinery & Equipment Wholesaling industry in Minnesota is $7.7bn in 2025.

How many businesses are there in the Industrial Machinery & Equipment Wholesaling industry in Minnesota in 2025?

There are 593 businesses in the Industrial Machinery & Equipment Wholesaling industry in Minnesota, which has been declining at an average annual rate of -1.7% from 2020 to 2025.

Has the Industrial Machinery & Equipment Wholesaling industry in Minnesota grown or declined over the past 5 years?

The market size of the Industrial Machinery & Equipment Wholesaling industry in Minnesota has been growing at an average annual rate of 3.3% from 2020 to 2025.

How many employees in the Industrial Machinery & Equipment Wholesaling industry in Minnesota in 2025?

There are 8,677 employees in the Industrial Machinery & Equipment Wholesaling industry in Minnesota, which has been growing at an average annual rate of 2.0% from 2020 to 2025.