Demolition Equipment Manufacturing in the US - Industry Market Research Report

Demolition Equipment Manufacturing in the US - Industry Market Research Report

  • December 2021 •
  • 39 pages •
  • Report ID: 5103845 •
  • Format: PDF
Build up: Falling demand for new homes will likely reduce demand from the residential sector

Abstract

Demolition Equipment Manufacturing
The Demolition Equipment Manufacturing industry has struggled over the five years to 2018 despite growth in downstream demand. The industry’s performance is closely tied to the construction market, as property developments often involve demolishing existing buildings and structures, as well as cleaning up sites to make way for new construction. Although the construction market grew steadily over the five years to 2018, the industry experienced a significant contraction in export markets due to the appreciation of the dollar. Over the five years to 2023, the industry is expected to rebound as construction markets continue to grow steadily. A depreciating dollar will enable export markets to recover, while also reducing the threat of import penetration. Additionally, a fall in steel prices is expected to let profit margins bounce back slightly.

This industry manufactures machinery and attachments for the destruction and removal of buildings and other structures. Industry products include backhoes, breakers, buckets, clamshells, cranes, dozers, excavators, forklifts, grapples, hammers, hoe rams and shears. Products are segmented among three major groups: vehicles and machines; equipment; and separately sold parts and attachments.

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.
Loading...

We are very sorry, but an error occurred.
Please contact [email protected] if the problem remains.