During the past five years, the industry has considerably improved due to resurgence in production through its primary markets. Private investment in machinery and equipment increased by double digits in 2010, 2011 and 2012, and expenditures are expected to increase through 2014. Moving forward, continued improvements in these downstream markets will lead to higher demand for industrial machinery at the wholesale level, boosting industry revenue in the five years to 2019.
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.
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.