Going down: Declining demand from the mining sector leads to falls in industry revenue

IBISWorld’s Conveyor and Crane Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Analysis & Industry Trends

Operators in the Conveyor and Crane Manufacturing industry have been negatively affected by deteriorating demand from the Mining and Manufacturing divisions, and the loss of market share to import penetration over the past five years. Manufacturers supplying customers in the transport, storage and commercial building markets have enjoyed solid demand for much of the past five years. However, conditions have deteriorated sharply for many firms supplying lifting, stacking and conveyor systems to the Manufacturing division and bulk materials handling equipment to mining companies.

Industry revenue is expected to decline at an annualised 3.4% over the five years through 2016-17, to total $2.1 billion. Industry employment is expected to decline by an annualised 6.8%...

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Industry Report - Industry Key Buyers Chapter

The industry has a low level of market share concentration, with the top four players estimated to account for about 30.0% of total revenue. According to the Australian Bureau of Statistics, the industry comprises many smaller enterprises, with 88.2% of all enterprises employing fewer than 20 people and 71.2% of businesses generating annual revenue of less than $2.0 million.

The primary reason for the low market share concentration is the strong import penetration in the industry. With the major companies operating manufacturing plants outside Australia, smaller players tend to operate in niche markets and specialise in the customisation of standardised, imported products. Sev..

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Industry Products

What is the Conveyor and Crane Manufacturing Industry?

Industry firms primarily manufacture forklift trucks, cranes, winches, hoists, hoisting equipment, conveyors or conveying systems. They also manufacture elevators, escalators, lifts and tractors used for moving goods. The industry excludes companies solely focused on maintenance, installation and repair services.

Industry Products
Unit handling conveyors
Bulk handling conveyors
Elevators and walkways
Aerial work platforms
Hoists and winches
Industry Activities
Conveyor or conveying system
Elevator or elevator part
Forklift truck
Hoist or hoisting equipment
Jacking equipment
Pneumatic conveyor system
Stacking machinery

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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