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Power Tools & Other General Purpose Machinery Manufacturing in Minnesota - Industry Market Research Report

  • ID: 4659501
  • Report
  • September 2018
  • Region: United States
  • 20 pages
  • IBISWorld
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Mighty machines: Rising downstream activity and a weakening dollar will boost growth

FEATURED COMPANIES

  • Illinois Tool Works Inc.
  • MGS Machine Corporation
  • PaR Systems LLC
  • MORE

Power Tools & Other General Purpose Machinery Manufacturing in Minnesota

Over the five years to 2018, the Power Tools and Other General Purpose Machinery Manufacturing industry in Minnesota has benefited from the growth of all manufacturing industries in the state. However, industry growth from heightened has been tempered by the strengthening of the US dollar, as a stronger dollar makes imported products more price competitive. Over the five years to 2023, the Power Tools and Other General Purpose Machinery Manufacturing industry in Minnesota is expected to grow at a faster pace than during the previous period. Increased local demand for the industry's products will drive industry growth. Additionally, the US dollar is projected to weaken over the five years to 2023, which will enhance the price competitiveness of industry products over imported goods.

Operators in this industry manufacture power-driven hand tools, welding and soldering equipment, packaging machinery, industrial-process furnaces and ovens, fluid-power cylinders and actuators, fluid-power pumps and motors, scales and balances and miscellaneous general purpose machinery.

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.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Illinois Tool Works Inc.
  • MGS Machine Corporation
  • PaR Systems LLC
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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  • Graphic Packaging Holding Company
  • Illinois Tool Works Inc.
  • MGS Machine Corporation
  • PaR Systems LLC
Note: Product cover images may vary from those shown
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