Aircraft, Marine & Railroad Transportation Equipment Wholesaling in the US - Industry Market Research Report

Aircraft, Marine & Railroad Transportation Equipment Wholesaling in the US - Industry Market Research Report

Aircraft, Marine & Railroad Transportation Equipment Wholesaling in the US

Demand for wholesalers of aircraft, marine and railroad transportation equipment has experienced significant volatility. Still, economic expansion contributed to revenue growth during most of the period, as increased air travel and marine and railroad transportation precipitated demand for relevant equipment and supplies. Nonetheless, COVID-19 has generated the most substantial disruption in industry history, with revenue declining 4.6% in 2020 alone. Conversely, because of a recovering economy, access to coronavirus vaccines and reduction of travel restrictions, more people became comfortable traveling again, helping the industry to expand. So industry-wide revenue has increased at a CAGR of 4.5% over the past five years – including an estimated 14.9% in the current year – and is expected to total $83.9 billion in 2023, while profit increased to 9.0%.

This industry wholesales transportation equipment and supplies, including aircraft and aircraft parts and equipment, boats and marine equipment, railroad cars and railroad equipment. It doesn't 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.