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Agricultural Machinery Manufacturing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Agricultural Machinery Manufacturing Market Research Report | ANZSIC C2461 | Oct 2012

Tilling tough soil: Import domination forces local manufacturers to focus on niche products

IBISWorld’s Agricultural Machinery Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 08-13
0.9%
Annual Growth 13-18
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Profit
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Employment
6,435
Businesses
210
Industry Analysis & Industry Trends

The Agricultural Machinery Manufacturing industry has had a challenging time over the past five years. Ongoing drought conditions in rural Australia and the economic downturn lowered farmers' ability to purchase agricultural equipment. Demand for agricultural equipment has improved since the global downturn, as realised farm income has jumped due to higher rainfall in the eastern states, encouraging farmers to invest in new machinery. Nonetheless, industry revenue is expected to grow at a slow 0.9% per annum over the five years through 2012-13 to reach $2.37 billion. The slow growth comes as strong import competition has met the majority of the domestic demand increase. Slow demand for domestic products has contributed to a decline in profit margins over the past five years... purchase to read more

Industry Report - Industry Locations Chapter

The Agricultural Machinery Manufacturing industry is concentrated mainly in New South Wales, Victoria and Queensland. Together, these states account for 72.2% of industry establishments. These states produce the majority of Australian agricultural produce, are home to the majority of the Australian population and capital, and have the best access to ports and railways. New South Wales is expected to witness the weakest growth in establishment numbers over the next five years, while Queensland will grow the fastest. Queensland's agricultural sector is the most diverse in Australia, producing everything from sugarcane and oilseeds to grains and livestock. Western Australia and South Australia contain most of the remaining industry establishments. .. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Agricultural Machinery Manufacturing Industry?

Firms in the industry manufacture agricultural machinery and equipment, including tractors, harvesting and haymaking machinery, seeding and tillage equipment, lawn mowers and other agricultural machinery (such as grinder mixers, wool presses and windmills).

Industry Products
Tillage and sowing equipmentLawnmowersAgricultural implements WindmillsIrrigation equipment
 
Industry Activities
LawnmowerTractor (except crawler tractors)Agricultural implements (except garden tools)Agricultural machinery or equipmentIrrigation equipment (except domestic type sprinklers)Windmill


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