Aircraft, Marine & Railroad Transportation Equipment Wholesaling in the US
Over the past five years, economic growth has led to increased air travel and freight volumes. As a result, demand for industry services has increased, with industry revenue expected to climb at an annualized rate of 2.3% to $51.8 billion over the five years to 2018, including a 0.3% increase in 2018 alone. As the economy expanded and consumers spent more money on air travel, air traffic and airline revenue increased, leading to greater demand for replacement parts. Over the five years to 2023, industry revenue is forecast to grow an annualized 0.7% to $53.5 billion. Rising demand from airlines and freight companies will help drive this growth. However, the effects of this increased demand will be partially offset by a projected decrease in defense spending and an increase in internal competition.
This industry wholesales transportation equipment and supplies, including aircraft and aircraft parts and equipment, boats and marine equipment and railroad cars and railroad equipment. It does not wholesale marine pleasure craft engines and parts, motor vehicle-related transportation equipment or electronic navigational equipment (e.g. sonar or radar).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.