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 Products Chapter
The industry produces goods and services that are not classified in other equipment manufacturing industries. The industry therefore includes a large range of highly differentiated goods. Industry products range from ball bearings, industrial fans and diesel engines to marine jet units and water filters.
Fluid filters and water treatment equipment
The largest product segment in the industry is water treatment equipment. The frequency of drought in Australia necessitates water recycling and water treatment activities. This results in high demand for water treatment products. The construction of desalination plants has boosted demand for water treatment equipment over the past five years and increased this product segment's share of revenue... purchase to read more