Industry Analysis & Industry Trends
The Industrial Machinery Manufacturing industry encompasses a wide variety of products, including ball bearings, industrial furnaces, sporting machinery and water filtration systems. The industry relies on the performance of its downstream markets, including mining, construction and other manufacturing industries. The industry is highly fragmented and is characterised by a large number of players operating in different segments. Products in each segment tend to be highly homogenised and thus operators tend to compete based on price rather than product quality. Revenue is forecast to rise by an annualised 0.6% in the five years through 2014-15.
Industry revenue is projected to rise by 0.3% in 2014-15, to $2.1 billion... purchase to read more
Industry Report - Industry Key Buyers Chapter
Industry concentration is low, with the top four operators accounting for less than 20.0% of revenue in 2014-15. There are more than 750 enterprises operating in the Industrial Machinery Manufacturing industry, and most segments of the industry are highly fragmented. The industry incorporates a large number of unrelated products. Few industry participants manufacture more than one industry product.
Industry concentration varies between market segments. Within some market segments, there are several clear market leaders. For instance, ABB and CBC are the market leaders in the bearings segment. Similarly, Furnace Engineering is a major player in the furnace manufacturing segment. At the other extreme, some product segments are not serviced by any large domestic operators... purchase to read more