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Industrial Machinery & Equipment Wholesaling in Canada - Industry Market Research Report

Industrial Machinery & Equipment Wholesaling in Canada - Industry Market Research Report

  • February 2018
  • 33 pages
  • ID: 4564190

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Digging deeper: Improving downstream demand will reactivate industry revenue growth

Abstract

Industrial Machinery & Equipment Wholesaling in Canada
Revenue for this industry is expected to stagnate over the five years to 2018, as rampant declines in global crude oil prices drastically reduce demand from vital downstream oil and gas markets. Moreover, a continuation of low energy prices stalled industrial and commercial development in resource-rich provinces, such as Alberta, which further pressured the industry and led to revenue declines in 2015 and 2016. Continued improvements in the industry’s downstream markets will lead to higher demand for industrial machinery and equipment at the wholesale level over the five years to 2023. Moreover, a recovery in Canada’s automobile parts, manufacturing and heavy machinery sectors, driven by feeble growth in the Canadian dollar and greater demand for exports, will increase demand for product-handling equipment and metalworking machinery commonly sold by industry wholesalers.

Industrial machinery and equipment wholesalers in this industry primarily distribute specialized machinery, equipment and related parts used in manufacturing, extraction and warehousing industries.

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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