Material Handling Equipment Dealers Market in
Grand Rapids, MI
$171M TAM · Market Score 67/100 · Ranked #33 of 925 MSAs by TAM
Bottom-up market data for the Grand Rapids, MI MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Grand Rapids scored 67/100 for Material Handling Equipment Dealers
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Grand Rapids ranks in the 78th percentile nationally for Material Handling Equipment Dealers.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Fragmentation Score | 35% | 62.1 | 14 |
| End-Market Employment | 35% | 183,946 | 96 |
| Aftermarket Depth | 30% | 110 | 95 |
TAM by segment
$171M in Grand Rapids broken down by segment
Demographic snapshot
Who lives and buys in Grand Rapids
Frequently asked questions
Material Handling Equipment Dealers market in Grand Rapids: common questions
How big is the material handling equipment dealers market in Grand Rapids, MI?
The material handling equipment dealers market in Grand Rapids, MI has a total addressable market of $171M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Grand Rapids the #33 largest material handling equipment dealers market of 799 U.S. MSAs.
How does Grand Rapids rank nationally for material handling equipment dealers?
Grand Rapids scores 67/100 on PinpointIQ's Material Handling Equipment Dealers Market Score, ranking #176 of 799 U.S. metros — the 78th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for material handling equipment dealers operators and investors.
What drives material handling equipment dealers demand in Grand Rapids?
PinpointIQ scores Grand Rapids's material handling equipment dealers market on 3 components: Fragmentation Score (35% weight, 14th percentile); End-Market Employment (35% weight, 96th percentile); Aftermarket Depth (30% weight, 95th percentile). The weights are calibrated to the material handling equipment dealers vertical and applied consistently across every U.S. MSA.
What are the biggest material handling equipment dealers sub-segments in Grand Rapids?
Grand Rapids's $171M material handling equipment dealers TAM breaks down into: Handling_equipment_mhe New Equipment ($51M, 30% of TAM); Handling_equipment_mhe Aftermarket ($68M, 40% of TAM); Handling_equipment_mhe Rental ($26M, 15% of TAM); Handling_equipment_mhe Used Equipment ($26M, 15% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Grand Rapids growing? How does population affect the material handling equipment dealers market?
Grand Rapids has a population of 1,162,152 and has grown 11.8% over the last 5 years. Population change is one of the drivers of material handling equipment dealers demand and factors into PinpointIQ's Market Score alongside vertical-specific attractiveness metrics.
TAM figures reflect PinpointIQ's bottom-up market size model built from U.S. Census, BLS, IRS County Business Patterns, and other public + commercial sources at the census-tract level. Market Score is PinpointIQ's percentile-weighted composite; the components and weights are set per vertical and shown above. Data refreshed monthly.
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