Industry Analysis & Industry Trends
The Mining and Industrial Machinery Wholesaling industry acts as a link 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 has led to revenue volatility over 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 some mining 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 Products Chapter
The industry provides a diverse range of machinery to industrial and mining markets. The overwhelming growth in investment in the Mining division has influenced the industry's product and service mix in the past five years.
Material-handling equipment, which includes conveyor belts and hoists, is the largest product segment in the industry. These products are used by miners to transport goods along the supply chain, and in the Construction and Manufacturing divisions. After mining machinery, this segment has been the fastest growing segment over the past five years. Demand from mining companies and increased output in the mining industries have increased demand for material movement within Australia and abroad... purchase to read more