Industry Analysis & Industry Trends
Machine tool wholesalers purchase goods from manufacturers then onsell them to clients. Most of the players in the industry are diverse wholesalers that specialise in a wide range of products, with machine tools comprising just one of their product segments. Industry revenue is forecast to grow at annualised 3.6% over the five years through 2013-14 to reach $3.06 billion. This growth is expected to be supported by strong demand from manufacturing industries with exposure to the mining sector. Clients in other manufacturing industries are likely to have contributed significantly less to demand over the same period. In this sense, the Machine Tool Wholesalers industry is demonstrative of a two-speed economy... purchase to read more
Industry Report - Industry Products Chapter
The industry wholesales products that are used to shape, form, cut or join materials.
Metal-cutting tools are used to transform metal in industrial processes by removing parts of it. This occurs through cutting, drilling, milling, turning, grinding and stamping actions. The broad application for metal-cutting tools means that they are the industry's most stable product segment. In the past five years this segment has grown as a share of industry revenue due to declining contributions from other product segments.
Using heat or mechanical force, metal-forming tools transform the shape of metal without removing parts. Special dies, tools, jigs and fixtures are included within this segment... purchase to read more