Construction & Mining Equipment Wholesaling in the US
The Construction and Mining Equipment Wholesaling industry has performed well over the five years to 2019. Industry products are crucial to the construction and mining (except oil and gas) sectors. Despite stagnating demand from the mining sector, which has recovered slightly in recent years, industry sales grew over the past five years as demand from the construction sector expanded substantially. Demand for the industry's products from the construction sector has been particularly strong. The industry is expected to continue growing over the five years to 2024, as demand for industry products from the construction and mining sectors expands. Global demand for commodities is expected to catch up with current levels of supply, signaling downstream operators in mining to expand production and place more orders for industry products.
Operators in this industry wholesale specialized machinery and equipment that is used in construction and mining operations. This industry does not include wholesalers of oil and natural gas machinery and equipment, which are included in the Industrial Machinery and Equipment Wholesaling industry (IBISWorld report 42383).
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.
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