Material Handling Equipment Dealers Market in
Richmond, VA
$103M TAM · Market Score 73/100 · Ranked #49 of 925 MSAs by TAM
Bottom-up market data for the Richmond, VA MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Richmond scored 73/100 for Material Handling Equipment Dealers
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Richmond ranks in the 90th percentile nationally for Material Handling Equipment Dealers.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Fragmentation Score | 35% | 76.3 | 32 |
| End-Market Employment | 35% | 133,817 | 95 |
| Aftermarket Depth | 30% | 87 | 94 |
TAM by segment
$103M in Richmond broken down by segment
Demographic snapshot
Who lives and buys in Richmond
Frequently asked questions
Material Handling Equipment Dealers market in Richmond: common questions
How big is the material handling equipment dealers market in Richmond, VA?
The material handling equipment dealers market in Richmond, VA has a total addressable market of $103M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Richmond the #49 largest material handling equipment dealers market of 799 U.S. MSAs.
How does Richmond rank nationally for material handling equipment dealers?
Richmond scores 73/100 on PinpointIQ's Material Handling Equipment Dealers Market Score, ranking #84 of 799 U.S. metros — the 90th 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 Richmond?
PinpointIQ scores Richmond's material handling equipment dealers market on 3 components: Fragmentation Score (35% weight, 32th percentile); End-Market Employment (35% weight, 95th 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 Richmond?
Richmond's $103M material handling equipment dealers TAM breaks down into: Handling_equipment_mhe New Equipment ($31M, 30% of TAM); Handling_equipment_mhe Aftermarket ($41M, 40% of TAM); Handling_equipment_mhe Rental ($16M, 15% of TAM); Handling_equipment_mhe Used Equipment ($16M, 15% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Richmond growing? How does population affect the material handling equipment dealers market?
Richmond has a population of 1,341,248 and has grown 5.6% 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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