Industrial Machinery & Equipment Wholesaling in the US
At the outset of the five-year period to 2018, high commodity prices and increased industrial activity supported growing demand for the products of the Industrial Machinery and Equipment Wholesaling industry. However, a later decline in commodity prices, primarily for oil and gas, stifled demand for industry products. In 2013 and 2014, the industry improved considerably as a result of a resurgence in production across its primary markets. However, revenue declined overall over the past five years. Over the five years to 2023, stronger growth in the industry's downstream markets will likely lead to higher demand for industrial machinery and equipment. Stronger commodity prices should drive demand from key industrial markets, and return revenue to growth.
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.
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