Industry Analysis & Industry Trends
The Industrial Machinery Manufacturing industry makes a range of products including water treatment plants, ball bearings and furnaces. Industry performance is strongly influenced by downstream markets such as mining and manufacturing. The industry is highly fragmented due to the differentiated nature of the products produced, with a large number of firms producing low-quantity, specialised products. Industry revenue is expected to decline at an annualised 1.5% over the five years through 2016-17. This decline includes an expected fall of 2.5% in the current year, to $1.9 billion... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Industrial Machinery Manufacturing industry is characterised by a low level of market share concentration, with the top four firms accounting for less than 20% of industry revenue. A significant portion of the industry is made up of small to medium enterprises, indicative of the industry's fragmented nature. The industry consists of a range of unrelated products and, as a result, few industry participants have merged operations across multiple product segments.
Industry concentration also varies between different product segments. There are clear market leaders in certain segments, such as ABB and CBC dominating the bearings segment and Aquatec Maxcon leading the water treatment equipment market. Similarly, Furnace Engineering is a major player in furnace manufacturing... purchase to read more