Industry Analysis & Industry Trends
The performance of the Structural Metal Product Manufacturing industry is inextricably linked to the level of construction activity within the building and infrastructure markets and its exposure to substitution by alternative products manufactured using timber, aluminium and glass.
Industry revenue is projected to decline by an annualised 1.5% over the five years through 2013-14, to total $2.4 billion. The sale of structural metal products has been adversely influenced by subdued investment into new housing construction and a downward trend in commercial and industrial building activity... purchase to read more
Industry Report - Industry Investment Chapter
This is a highly fragmented industry producing a wide range of products, many of which are produced by small-scale manufacturers using rudimentary machinery and a significant skilled labour input. The capital intensity of the industry varies depending on the type of product being made and the scale of the operation. Simple, generic products such as garage doors and metal window frames require little labour input into design. The production process has a high potential for cost effective automation because products are standardised and rarely change significantly, meaning that machinery does not become outdated quickly.
However, many industry products are custom made (bespoke products) which are designed for a particular purpose or specified by the client... purchase to read more