Building back: Rebounding demand for commodities will likely result in more orders for industry products
Construction & Mining Equipment Wholesaling in the US
The Construction and Mining Equipment Wholesaling industry resells a variety of construction and excavation machines that make many of the country's biggest infrastructure projects possible. Industry products are crucial to the construction and mining sectors, as the value of these industries are hard to access without large machinery. Growing demand for the construction and mining industries directly increases the demand for industry products. Industry revenue has grown at a CAGR of 1.4% to $125.1 billion over the past five years, including a rise of 0.8% in 2023 alone. Industry profit, measured as earnings before interest and taxes, accounts for 5.0% of industry revenue in 2023.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.
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.
Table of Contents
ABOUT THIS INDUSTRY
INDUSTRY PERFORMANCE
PRODUCTS & MARKETS
COMPETITIVE LANDSCAPE
OPERATING CONDITIONS
KEY STATISTICS
Companies Mentioned
A selection of companies mentioned in this report includes:
- Komatsu Ltd
- Volvo Group
- Liebherr Group
- Vermeer Corporation
- Tigercat Industries Inc.
- Ponsse PLC
Methodology
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