Bon voyage: Industry demand is expected to rebound as travel and trade activity ramp back up
Abstract
Aircraft, Marine & Railroad Transportation Equipment Wholesaling in the US The Aircraft, Marine and Railroad Transportation Equipment Wholesaling industry has grown modestly over the five years to 2019. Airlines, freight companies and the military buy products from industry distributors to repair and replace parts for their aircraft, ships and trains. Overall, the majority of industry revenue comes from aircraft-related products. Over the past five years, economic growth has led to increased air travel and freight volumes. As a result, demand for industry services has increased. Additionally, industry operators have increasingly invested in value-added service offerings, resulting in a higher profit margin. As a result of these positive trends, industry revenue has increased over the past five years. Conversely, industry revenue is forecast to decline over the five years to 2024. Although macroeconomic conditions are expected to continue improving, overall capital investment is projected to exhibit slowed growth during the outlook period.
This industry wholesales transportation equipment and supplies, including aircraft and aircraft parts and equipment, boats and marine equipment and railroad cars and railroad equipment. It does not wholesale marine pleasure craft engines and parts, motor vehicle-related transportation equipment or electronic navigational equipment (e.g. sonar or radar).
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.
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