Industry Analysis & Industry Trends
The Mining and Industrial Machinery Wholesaling industry acts as a conduit between manufacturers and final markets for machinery. Industry operators have ties with national and international manufacturers and can fill orders from a wide range of industries, if the demand for machinery is there. The industry's dependence on downstream demand is illustrated by volatility in revenue in the past five years, as the Mining division has played a growing role in industry performance. The industry benefited from surging demand for mining machinery and equipment in some years, but has faced periods of contraction as such capital expenditure was deferred. Overall, industry revenue is expected to decline at a compound annual rate of 4.1% in the five years through 2014-15... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a low market share concentration, with the combined revenue of the top four players forecast to account for less than 40.0% of industry revenue in 2014-15. The low concentration reflects the broad range of products and markets served by the industry.
In the past five years, explosive growth in expenditure in one of these markets, miners, has resulted in increasing concentration in the industry. Companies with an exposure to the Mining division have outperformed other players until 2012-13, benefiting from unprecedented capital investment and expansion in the division. In the next five years, the industry is forecast to consolidate as mining expenditure drops off. Increasing market share concentration is forecast in the five years through 2019-20... purchase to read more