Industry Analysis & Industry Trends
The Motors, Generators and Other Electrical Equipment Manufacturing industry has been affected by falling domestic and international demand for products over the past five years. International competitors have superseded domestic manufacturers in cost competitiveness. Furthermore, the global financial crisis resulted in lower capital expenditure from the private sector, leading to lower sales as businesses attempted to reduce costs in uncertain conditions. Industry revenue is expected to decline by an annualised 3.5% over the five years through 2012-13 as producers move production offshore to seize greater profit margins, or leave the industry altogether. Industry revenue is expected to improve slightly in 2012-13, increasing by 0.1% to $4.25 billion... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Motors, Generators and Other Electrical Equipment Manufacturing industry is characterised by a low level of market share concentration. The top four players generate 37% of industry revenue, which is at the high end of low concentration. There are a large number of small manufacturers in the industry, though this expected to decline over the next five years as small producers are pushed out by large manufacturers operating with economies of scale and by overseas competition.
As the industry is in a stage of decline, continued consolidation is expected as major players look to capture greater market share. Niche providers are likely to remain successful in the industry, though major companies are expected to acquire these companies... purchase to read more