Industry Analysis & Industry Trends
The Mining and Industrial Machinery Wholesaling industry acts as a link between manufacturers and final markets for a wide range of machinery and equipment. Industry operators have ties with national and international manufacturers and can fill orders for a wide range of industries. The industry's dependence on downstream demand has led to revenue volatility over the past five years, as the Mining division has played a growing role in industry performance. Although the industry benefited from surging demand for mining machinery and equipment until 2012-13, it has faced a significant contraction in demand since 2013-14 as mining capital expenditure slumped. Overall, industry revenue is expected to decline at a compound annual rate of 5.3% in the five years through 2015-16... purchase to read more
Industry Report - Industry Analysis Chapter
The Mining and Industrial Machinery Wholesaling industry wholesales equipment to a wide range of markets. The Mining and Manufacturing divisions account for the vast majority of sales. Capital equipment investment trends in these divisions are important determinants of industry revenue, while business confidence influences demand from niche markets. As an intermediary between manufacturers and their final markets, the industry depends on demand from downstream markets, and its ability to increase demand for mining and industrial machinery through innovation in products or services.
Over the past five years, the industry and its major players have been subject to fluctuating demand from the Mining division due to varying capital expenditure... purchase to read more