Material Handling Equipment Dealers · Virginia Beach, VA

Material Handling Equipment Dealers Market in
Virginia Beach, VA

$96M TAM · Market Score 64/100 · Ranked #52 of 925 MSAs by TAM

Bottom-up market data for the Virginia Beach, VA MSA. Sourced from PinpointIQ's MSA-level intelligence platform.

Total TAM
$96M
rank #52 of 925
Market Score
64/100
rank #229 of 799 · 71th percentile
Operators
Pop. growth (5-yr)
4.0%
rank #325 of 872

Market Score breakdown

How Virginia Beach scored 64/100 for Material Handling Equipment Dealers

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Virginia Beach ranks in the 71th percentile nationally for Material Handling Equipment Dealers.

ComponentWeightValuePercentile
Fragmentation Score35%45.35
End-Market Employment35%134,86695
Aftermarket Depth30%11095

TAM by segment

$96M in Virginia Beach broken down by segment

Handling_equipment_mhe New Equipment
$29M
30% of total TAM
Handling_equipment_mhe Aftermarket
$38M
40% of total TAM
Handling_equipment_mhe Rental
$14M
15% of total TAM
Handling_equipment_mhe Used Equipment
$14M
15% of total TAM

Demographic snapshot

Who lives and buys in Virginia Beach

Population
1,787,235
4.0% 5-yr growth
Median HH income
$82,330
21.9% HHs $150K+
Housing units
763,678
16.2% age 65+
GDP per capita
$68,659

Frequently asked questions

Material Handling Equipment Dealers market in Virginia Beach: common questions

How big is the material handling equipment dealers market in Virginia Beach, VA?

The material handling equipment dealers market in Virginia Beach, VA has a total addressable market of $96M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Virginia Beach the #52 largest material handling equipment dealers market of 799 U.S. MSAs.

How does Virginia Beach rank nationally for material handling equipment dealers?

Virginia Beach scores 64/100 on PinpointIQ's Material Handling Equipment Dealers Market Score, ranking #229 of 799 U.S. metros — the 71th 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 Virginia Beach?

PinpointIQ scores Virginia Beach's material handling equipment dealers market on 3 components: Fragmentation Score (35% weight, 5th percentile); End-Market Employment (35% weight, 95th 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 Virginia Beach?

Virginia Beach's $96M material handling equipment dealers TAM breaks down into: Handling_equipment_mhe New Equipment ($29M, 30% of TAM); Handling_equipment_mhe Aftermarket ($38M, 40% of TAM); Handling_equipment_mhe Rental ($14M, 15% of TAM); Handling_equipment_mhe Used Equipment ($14M, 15% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

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

Virginia Beach has a population of 1,787,235 and has grown 4.0% 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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