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Home › Industry Metrics › NAICS 42382

NAICS 42382 - Farm and Garden Machinery and Equipment Merchant Wholesalers

NAICS 42382 - FARM AND GARDEN MACHINERY AND EQUIPMENT MERCHANT WHOLESALERS
NAICS 42381 Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers NAICS 42382 Farm and Garden Machinery and Equipment Merchant Wholesalers NAICS 42383 Industrial Machinery and Equipment Merchant Wholesalers NAICS 42384 Industrial Supplies Merchant Wholesalers NAICS 42385 Service Establishment Equipment and Supplies Merchant Wholesalers NAICS 42386 Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers
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This industry comprises establishments primarily engaged in the merchant wholesale distribution of specialized machinery, equipment, and related parts generally used in agricultural, farm, and lawn and garden activities.

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This industry comprises establishments primarily engaged in the merchant wholesale distribution of specialized machinery, equipment, and related parts generally used in agricultural, farm, and lawn and garden activities.

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Drill down to explore more specific industries.

NAICS 42 Wholesale Trade
NAICS 423 Merchant Wholesalers, Durable Goods
NAICS 4238 Machinery, Equipment, and Supplies Merchant Wholesalers
NAICS 42382 Farm and Garden Machinery and Equipment Merchant Wholesalers
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Industry trends

The NAICS 42382 Farm and Garden Machinery and Equipment Merchant Wholesalers industry is experiencing several notable trends. One major trend is the increasing adoption of precision agriculture technologies. Farmers are increasingly investing in equipment with GPS, sensors, and data analytics capabilities to enhance productivity and efficiency. This technological integration is likely to continue growing as the benefits of precision agriculture become more evident.

There's also a significant shift towards more sustainable and eco-friendly machinery. Equipment manufacturers are focusing on developing tools and machinery that minimize environmental impact, such as electric tractors and emission reduction technologies. Consumer demand for sustainable farming practices is driving this innovation.

Another trend is the growing importance of e-commerce in the distribution of farm and garden machinery. The COVID-19 pandemic accelerated the shift towards online purchasing, and many wholesalers are expanding their digital presence to meet this changing consumer behavior. This trend is expected to continue as both buyers and sellers recognize the convenience of digital transactions.

Looking ahead, the near future will likely see continued advancements in automation and robotics within the industry. Autonomous machinery and drones for planting, fertilizing, and harvesting are likely to become more prevalent, driven by labor shortages and the need for cost-efficient farming solutions. Additionally, the increasing focus on big data and analytics will enable farmers and wholesalers to make more informed decisions, further optimizing operations and improving yields.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 1%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 23%

Loan Failure Rate 8%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 58%

Total Companies in this Industry 2,735
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Explore related industries

  • NAICS 42382 Farm and Garden Machinery and Equipment Merchant Wholesalers
  • NAICS 423820 Agricultural implements merchant wholesalers
  • NAICS 423820 Agricultural machinery and equipment merchant wholesalers
  • NAICS 423820 Conveying equipment, farm, merchant wholesalers
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