Material Handling Equipment Dealers · Providence, RI

Material Handling Equipment Dealers Market in
Providence, RI

$131M TAM · Market Score 72/100 · Ranked #42 of 925 MSAs by TAM

Bottom-up market data for the Providence, RI MSA. Sourced from PinpointIQ's MSA-level intelligence platform.

Total TAM
$131M
rank #42 of 925
Market Score
72/100
rank #91 of 799 · 88th percentile
Operators
Pop. growth (5-yr)
4.4%
rank #301 of 872

Market Score breakdown

How Providence scored 72/100 for Material Handling Equipment Dealers

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Providence ranks in the 88th percentile nationally for Material Handling Equipment Dealers.

ComponentWeightValuePercentile
Fragmentation Score35%74.429
End-Market Employment35%168,42696
Aftermarket Depth30%9494

TAM by segment

$131M in Providence broken down by segment

Handling_equipment_mhe New Equipment
$39M
30% of total TAM
Handling_equipment_mhe Aftermarket
$52M
40% of total TAM
Handling_equipment_mhe Rental
$20M
15% of total TAM
Handling_equipment_mhe Used Equipment
$20M
15% of total TAM

Demographic snapshot

Who lives and buys in Providence

Population
1,684,071
4.4% 5-yr growth
Median HH income
$87,040
25.0% HHs $150K+
Housing units
730,957
18.4% age 65+
GDP per capita
$69,131

Frequently asked questions

Material Handling Equipment Dealers market in Providence: common questions

How big is the material handling equipment dealers market in Providence, RI?

The material handling equipment dealers market in Providence, RI has a total addressable market of $131M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Providence the #42 largest material handling equipment dealers market of 799 U.S. MSAs.

How does Providence rank nationally for material handling equipment dealers?

Providence scores 72/100 on PinpointIQ's Material Handling Equipment Dealers Market Score, ranking #91 of 799 U.S. metros — the 88th 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 Providence?

PinpointIQ scores Providence's material handling equipment dealers market on 3 components: Fragmentation Score (35% weight, 29th percentile); End-Market Employment (35% weight, 96th percentile); Aftermarket Depth (30% weight, 94th 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 Providence?

Providence's $131M material handling equipment dealers TAM breaks down into: Handling_equipment_mhe New Equipment ($39M, 30% of TAM); Handling_equipment_mhe Aftermarket ($52M, 40% of TAM); Handling_equipment_mhe Rental ($20M, 15% of TAM); Handling_equipment_mhe Used Equipment ($20M, 15% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Providence growing? How does population affect the material handling equipment dealers market?

Providence has a population of 1,684,071 and has grown 4.4% 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.

See Material Handling Equipment Dealers data in your target markets.

Pull a free market report, start a trial, or walk through your target MSAs live.

Contact us

Questions, partnerships, or just want to learn more. We'd love to hear from you.