Company profile

Future of Terex

#
Rank
182
| Quantumrun Global 1000

Terex Corporation is a US global producer of lifting and material handling solutions for various industries, including recycling, mining, transportation, utilities, construction, infrastructure, quarrying, energy, shipping, and refining. The company's primary business segments include cranes, materials processing, aerial work platforms, construction, and material handling & port solutions. It operates production facilities throughout the globe. Terex provides financial products and services to help in the acquisition of Terex equipment through Terex Financial Services.

Home Country:
Sector:
Industry:
Construction and Farm Machinery
Website:
Founded:
1970
Global employee count:
18100
Domestic employee count:
4900
Number of domestic locations:
1

Financial Health

Revenue:
$4443100000 USD
3y average revenue:
$4982933333 USD
Operating expenses:
$684200000 USD
3y average expenses:
$661066667 USD
Funds in reserve:
$428500000 USD
Market country
Revenue from country
0.40
Revenue from country
0.18
Market country
Revenue from country
0.08

Asset Performance

  1. Product/Service/Dept. name
    Aerial work platforms
    Product/Service revenue
    1977800000
  2. Product/Service/Dept. name
    Cranes
    Product/Service revenue
    1274500000
  3. Product/Service/Dept. name
    Materials processing
    Product/Service revenue
    944500000

Innovation assets and Pipeline

Investment into R&D:
$86200000 USD
Total patents held:
140

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the industrials sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, advances in nanotech and material sciences will result in a range of materials that are stronger, lighter, heat and impact resistant, shapeshifting, among other exotic properties. These new materials will enable significantly novel design and engineering possibilities that will impact the manufacture of a vast swath of current and future products.

*The shrinking cost and increasing functionality of advanced manufacturing robotics will lead to further automation of factory assembly lines, thereby improving manufacturing quality and costs.

*3D printing (additive manufacturing) will increasingly work in tandem with future automated manufacturing plants drive down the costs of production even further by the early 2030s.

*As augmented reality headsets become popularized by the late 2020s, consumers will begin replacing select types of physical goods with cheap-to-free digital goods, thereby reducing general consumption levels and revenue, per consumer.

*Among millennials and Gen Zs, the growing cultural trend towards less consumerism, towards investing money into experiences over physical goods, will also lead to a minor reduction in general consumption levels and revenue, per consumer. However, a growing global population and the increasingly wealthy African and Asian nations will make up for this revenue shortfall.

COMPANY’S FUTURE PROSPECTS

Company Headlines