While demolition is usually associated with wrecking balls and implosions, it relies more heavily on mechanical equipment to do the dirty work. Improving economic conditions and rising construction activity will encourage companies to invest in new machinery and equipment moving forward. Growth in nonresidential construction activity and the number of housing starts will likely result in a corresponding rise in demand for demolition and demolition equipment, driving industry growth.
This industry manufactures machinery and attachments for the destruction and removal of buildings and other structures. Industry products include backhoes, breakers, buckets, clamshells, cranes, dozers, excavators, forklifts, grapples, hammers, hoe rams and shears. Products are segmented among three major groups: vehicles and machines; equipment; and separately sold parts and attachments.
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.