Riveting: Innovation is helping the industry remain viable despite strong import penetration

IBISWorld’s Machine Tool and Parts Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.


Industry Analysis & Industry Trends

The Machine Tool and Parts Manufacturing industry includes the production of a range of woodworking tools, metalworking machinery and other equipment. The industry has contracted over the past five years due to difficult operation conditions. Falling demand from the mining, manufacturing and construction sectors, in combination with intense import pressure, is expected to cause industry revenue to fall at a compound annual rate of 4.9% over the five years through 2016-17. Revenue is expected fall by 5.6% over the current year to total $1.05 billion.

Demand for industry goods has fallen over the past five years due to lower capital expenditure in the mining and manufacturing sectors...

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Industry Report - Starting a New Business Chapter

The industry is characterised by moderate barriers to entry and this trend has remained steady over the past five years. Potential new operators face several significant obstacles. Intense rivalry exists between both internal and external competitors, and both of these groups have become well established as the industry matures. Import competition is particularly strong as some foreign governments provide subsidies to manufacturing firms. No significant Australian industry assistance exists to protect new entrants from import competition. In addition, technology change in the industry is rapid as operators focus on research and development to gain a competitive advantage. Whi..

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Industry Products

What is the Machine Tool and Parts Manufacturing Industry?

Industry companies primarily manufacture woodworking or metalworking machinery and equipment, or specialised parts for this equipment. Enterprises that mainly manufacture pneumatic or power-operated hand tools are also included in the industry.

Industry Products
Power-operated hand tools
Non-metalworking machine tools
Wood and metalworking machinery
Metal dies, die sets and moulds
Accessories for power-operated tools
Other products
Industry Activities
Die and metalworking hand or machine tool
Drilling machinery
Portable electric drill
Forging machinery
Pneumatic and power-operated hand tool
Machine tool attachments or parts
Milling machine
Mould making machinery
Welding or cutting equipment

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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