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 Analysis Chapter
The Mining and Industrial Machinery Wholesaling industry wholesales equipment to a wide range of markets, with the mining and manufacturing divisions accounting for close to half of industry sales. Trends in these divisions are important determinants of industry revenue, while business confidence influences demand from niche markets. Acting as an intermediary between manufacturers and their final markets, the industry depends on demand from downstream markets and has limited ability to increase demand for mining and industrial machinery itself through innovating in products or services.
Over the past five years, the industry and its major players have been well placed to benefit from growth in capital expenditure from the Mining division... purchase to read more