The past five years has been a period of recovery for the Mining, Construction and Civil Engineering Machinery Wholesaling industry after a dismal few years following the collapse of the domestic construction sector. Low levels of construction activity were compounded by the poor economic climate, which deterred companies from investing in new machinery. However, conditions have gradually eased over the past five years, allowing the industry to grow strongly, although revenue remains far below pre-recessionary levels. IBISWorld estimates that industry revenue will grow at a compound annual rate of 7.2% over the five years through 2014-15 to £3.4 billion.
Firms in this industry distribute a range of machinery used in the construction, mining and oil and gas sectors.
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.