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2024 U.S. Industry Statistics & Market Forecast - Industrial Machinery and Equipment Merchant Wholesalers


Market Size & Industry Statistics

The total U.S. industry market size for Industrial Machinery and Equipment Merchant Wholesalers: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2019        2020        2021        2022        2023
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.





Forecast / Industry Outlook 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

The Industrial Machinery & Equipment Merchant Wholesalers industry is experiencing several key trends that are affecting its operations and profitability.

Firstly, there is an increasing demand for automation and digitalization in the manufacturing process. This is driving growth in demand for complex machinery and equipment that can support more advanced and precise operations. As a result, wholesalers are investing in high-tech machinery with integrated technology such as sensors, PLCs, and computer-aided systems.

Secondly, there is growing pressure on wholesalers to adopt sustainable practices and reduce their impact on the environment. This is driving demand for energy-efficient, eco-friendly, and socially responsible equipment, and machinery.

Thirdly, Industry 4.0 is driving greater levels of customization in manufacturing processes. This has led to a shift towards demand-driven production models, with firms needing to establish greater collaborative supply chains in order to meet the unique demands of each customer.

Finally, the Covid-19 pandemic has been a major factor in shaping the industry in recent years, heightening the need for contactless and remote interaction between customers and wholesalers. Supply chain disruptions, increased competition, and the growing influence of e-commerce are also shaping the way wholesalers operate.

Overall, Industrial Machinery & Equipment Merchant Wholesalers are responding to these trends by investing in innovative technologies, expanding their sustainable solutions offerings, and collaborating more closely with suppliers and customers.



Product & Services Breakdown

Research products and services in the Industrial Machinery and Equipment Merchant Wholesalers industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

New And Rebuilt Automotive And Trailer Parts And Supplies

Iron And Steel Pipes And Tubing

Electrical Apparatus And Equipment

Electronic Parts And Equipment, Excluding Communications Equipment

Hardware

Plumbing And Hydronic Heating Equipment And Supplies, Including Gas Plumbing Appliances And Water Heaters

Construction, Forestry, And Mining Machinery And Equipment, Including Parts And Attachments

Other New Construction, Mining, Logging, And Road Maintenance Machinery And Equipment

Parts And Supplies For Construction, Mining, And Forestry Machinery And Equipment

Farm Machinery, Equipment, And Parts

Food-Processing Machinery, Equipment, And Parts

New Commercial Food-Processing Machinery, Including Baking Machinery, Slicers, And Choppers

New Packing, Packaging, And Bottling Equipment

Used Commercial Food-Processing Machinery And Equipment

Used Packing, Packaging, And Bottling Equipment

Parts And Supplies For Food-Processing Machinery And Equipment

Hydraulic And Pneumatic Pumps, Motors, And Parts

Hydraulic And Pneumatic Pumps

Hydraulic And Pneumatic Motors

Hydraulic And Pneumatic Pump And Motor Parts

General-Purpose Industrial Machinery, Equipment, And Parts

New Pumps, Compressors, And Equipment, Excluding Hydraulic And Pneumatic Pumps

New Diesel Engines, Excluding Automotive Engines

New Gasoline Engines, Motor Parts, Except Electric Motors, And Engine Electrical Equipment, Except Auto And Aircraft

New Controlling, Recording, And Indicating Instruments And Accessories

Other New General-Purpose Industrial Machinery And Equipment

Used General-Purpose Industrial Machinery And Equipment

Parts And Supplies For General-Purpose Industrial Machinery And Equipment

Metalworking Machinery, Equipment, And Parts

Metalworking Machinery And Equipment

Parts And Supplies For Metalworking Machinery And Equipment

Materials Handling Machinery, Equipment, And Parts

New Conveying Equipment

New Hoists And Cranes

New Forklifts

New Industrial Trucks And Tractors

Used Materials Handling Machinery And Equipment

Parts And Supplies For Materials Handling Machinery And Equipment

Oil Well, Oil Field, Oil Refinery, And Pipeline Machinery, Equipment, And Supplies

New Oil Refinery Machinery And Equipment

New Oil Well, Oil Field, And Pipeline Machinery And Equipment

Used Oil Well, Oil Field, And Pipeline Machinery And Equipment

Used Oil Refinery Machinery And Equipment

Parts And Supplies For Oil Well, Oil Field, And Pipeline Machinery And Equipment

Parts And Supplies For Oil Refinery Machinery And Equipment

Mechanical Power Transmission Supplies

Industrial Valves And Fittings, Excluding Hydraulic Valves And Fittings

Hydraulic And Pneumatic Valves

Hydraulic Valves

Pneumatic Valves

Hydraulic And Pneumatic Cylinders And Rotary Actuators

Hydraulic Cylinders And Rotary Actuators

Pneumatic Cylinders And Rotary Actuators

Hydraulic And Pneumatic Connectors And Assemblies

Hydraulic And Pneumatic Connectors

Hydraulic And Pneumatic Assemblies

Other Hydraulic And Pneumatic Accessories And Parts

Industrial Containers And Supplies

Abrasives, Strapping, Tape, Ink, And Mechanical Rubber Goods

Industrial Machinery, Equipment, And Supplies, Including Industrial Water Treatment Equipment

New Metal Smelting And Refining Machinery And Equipment

New Power Plant Machinery, Excluding Electrical

New Printing Trades Machinery And Equipment

New Textile And Sewing Machinery And Equipment

New Woodworking Machinery

Other New Industrial Machinery And Equipment

Used Industrial Machinery And Equipment

Industrial Water Treatment Equipment

Printing Trades Supplies

Parts And Supplies For Industrial Machinery And Equipment

Safety Equipment

Plastics Materials And Basic Shapes

Chemicals And Allied Products, Excluding Agricultural Chemicals, Plastics, Industrial And Natural Gases, Liquefied Petroleum (Lp

Service Receipts And Labor Charges, Including Installed Parts

Labor Charges For Repair Work

Parts Installed In Repair Work

Other Service Receipts And Labor Charges

Receipts For Service Contracts

Receipts For Installing Equipment

Miscellaneous Commodities

Rental And Operating Lease Receipts



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Industrial Machinery and Equipment Merchant Wholesalers company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Industrial Machinery and Equipment Merchant Wholesalers industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Industrial Machinery and Equipment Merchant Wholesalers measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 9%

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Top Executives 6%
Chief Executives0%
General and Operations Managers 5%
General and Operations Managers5%
Sales and Related Occupations 25%
Retail Sales Workers 5%
Sales Representatives, Wholesale and Manufacturing 16%
Sales Representatives, Wholesale and Manufacturing 16%
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products 15%
Office and Administrative Support Occupations 16%
Installation, Maintenance, and Repair Occupations 22%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers 11%
Heavy Vehicle and Mobile Equipment Service Technicians and Mechanics 9%
Mobile Heavy Equipment Mechanics, Except Engines 6%
Other Installation, Maintenance, and Repair Occupations 8%
Industrial Machinery Installation, Repair, and Maintenance Workers 6%
Industrial Machinery Mechanics 5%
Production Occupations 6%
Transportation and Material Moving Occupations 12%
Material Moving Workers 7%
Laborers and Material Movers 6%
Source: Bureau of Labor Statistics


Industrial Machinery and Equipment Merchant Wholesalers Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Industrial Machinery and Equipment Merchant Wholesalers industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Industrial Machinery and Equipment Merchant Wholesalers industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Innovators:
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators:
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Industrial Machinery and Equipment Merchant Wholesalers industry.
Source:
IncFact




Innovation News



Recent Federal Contracts for Industrial Machinery and Equipment Merchant Wholesalers

  • Feb 27, 2024: LIGHTHOUSE FOR THE BLIND, INCORPORATED, THE (Seattle, WA) awarded $2,094
  • Feb 15, 2024: SEVA TECHNICAL SERVICES, INC. (Newport News, VA) awarded $31,200
  • Feb 11, 2024: S I T CORPORATION (Miami, FL) awarded $139,000
  • Feb 06, 2024: WOLTER INC (Brookfield, WI) awarded $1,595
  • Jan 30, 2024: CAPITAL COMPRESSOR, INC. (Upper Marlboro, MD) awarded $22,740
  • Jan 26, 2024: AANTILIA LLC (Austin, TX) awarded $20,952