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 have come to play a growing role in industry performance. The industry has had strong years as demand for mining machinery and equipment has surged due to the global resources boom, but also periods of contraction as such capital expenditure was deferred. Overall, industry revenue is expected to grow at a compound annual rate of 3.3%... 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.
Mining machinery is the largest segment in the industry and has increased its revenue share over the past five years. China's demand for energy commodities and steel inputs to support rapid urbanisation has sent the prices of these commodities to record highs. The Mining division has re-invested the profit to expand capacity in Australia's mines. This has involved replacing equipment and expanding operations to capitalise on this demand... purchase to read more