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Mining and Construction Machinery Manufacturing in Australia: Market Research Report

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

Mining and Construction Machinery Manufacturing Market Research Report | ANZSIC C2462 | Aug 2016

Mined Out: Industry companies moving offshore due to declining mining investment

IBISWorld’s Mining and Construction Machinery Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 12-17
-9.1%
Annual Growth 17-22
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Profit
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Employment
6,786
Businesses
693
Industry Analysis & Industry Trends

The Mining and Construction Machinery Manufacturing industry has declined over the past five years. The first stage of Australia's mining investment boom initially drove demand for mining machinery and equipment, until mining firms began to shift their focus to resource extraction. This reduced investment weakened demand for mining machinery and has subsequently contributed to declines in industry revenue. Several firms have significantly restructured over the past five years, moving production offshore to take advantage of lower manufacturing costs. Bradken's Henderson foundry in Western Australia wound down operations in 2014-15, and Caterpillar exited from the industry following the closure of its Tasmanian Burnie foundry in March 2016... purchase to read more

Industry Report - Industry Locations Chapter

The industry is mainly concentrated in New South Wales, Queensland and Western Australia. These states account for nearly 80% of total industry enterprises in 2016-17. This trend can be attributed to their large and highly skilled working populations, and relative proximity to downstream customers and major infrastructure projects. Being located close to a skilled workforce helps to mitigate labour shortages and transport costs, and improves customer contact with key clients.

New South Wales has a considerable portion of enterprises, reflecting its large population and the size and importance of the state's construction activity. Joy Global and Bradken both have operations in New South Wales... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Mining and Construction Machinery Manufacturing Industry?

Companies in the industry primarily manufacture construction, mining and earthmoving machinery, as well as equipment and specialised parts. Firms that mainly manufacture tractors for construction or earthmoving purposes are also included in the industry.

Industry Products
Drilling rigs and equipmentUnderground mining equipmentMineral processing equipmentExcavators and shovelsLoaders and trucks
 
Industry Activities
Back hoeConcrete mixerCrawler, construction and earthmoving tractorCrushing machineryDozer, angle dozer and bulldozerDrilling machineryEarthmoving machineryJackhammerMining machineryOff-highway truck


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