Industrial Machinery & Equipment Wholesaling in the US
Increased industrial production since the recession has translated to strong growth for the Industrial Machinery and Equipment Wholesaling industry. In the five years to 2015, many of the industry's key downstream markets, such as automotive manufacturing and metalworking, have exhibited heightened activity and renewed investment in new machinery. However, revenue is expected to drop in 2015 due to declining demand from the energy sector in the wake of a sharp drop in oil prices since 2014. Nevertheless, oil prices are expected to rebound in the next five years, and continued improvements in the industry's other key markets will sustain growth through 2020.
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.
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.