Equipped for recovery
Wholesalers of construction and mining equipment suffered during the subprime mortgage crisis, when overall building activity plummeted. However, the next five years will push the industry back into recovery. Construction levels will pick up, boosting demand for construction equipment and machinery. Meanwhile, high commodity prices and growing demand from emerging economies like China will encourage mining companies to ramp up their production, thus raising the need for more mining equipment.
Operators in this industry wholesale direct to construction and mining companies specialized machinery, equipment, and related parts generally used in construction, mining (except oil well) and logging activities.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.