Machine Tool and Parts Manufacturing in Australia - Market Research Report

Machine Tool and Parts Manufacturing industry trends (2014-2019)

poll Average industry growth 2014–2019: 0.6%

The Machine Tool and Parts Manufacturing industry includes producing a range of woodworking tools, metalworking machinery and other equipment. The industry has contracted over the past five years due to difficult operating conditions. Falling demand from the construction and manufacturing sectors, in combination with intense import pressure, has hindered industry revenue growth. Overall, industry revenue is expected to increase at an annualised 0.6% over the five years through 2018-19. Revenue is expected to fall by 7.4% in the current year to $1.3 billion. Lower capital expenditure in the mining and manufacturing sectors has affected demand for industry goods over the past five years. The demise of the Motor Vehicle Manufacturing industry, combined...
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Machine Tool and Parts Manufacturing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Machine Tool and Parts Manufacturing industry is projected to encounter difficult conditions in the short term. Industry revenue is forecast to grow at an annualised X.X% over five years through XXX-XX, to $X.X billion. Current difficult conditions are projected to persist through to XXX-XX, before the industry returns to moderate growth from XXX-XX as demand from the construction sector recovers. Profitability is forecast to increase slightly as firms continue adapting to the difficult operating environment. Industry innovation Industry operators are projected to focus on innovation to enhance product value and overcome import competition over the next five years. Although this investment has been weighed on current profitability, it is foreca...
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Machine Tool and Parts Manufacturing industry statistics

  • attach_money Market Size: $1bn
  • business Number of Businesses: 1,420
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 5,245

Biggest companies in the Machine Tool and Parts Manufacturing industry

The companies holding the largest market share in the Machine Tool and Parts Manufacturing in Australia industry include ANCA Pty Ltd and Victor Technologies Australia Pty Ltd.

  • pie_chart ANCA Pty Ltd Market Share: x.x%
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  • pie_chart Victor Technologies Australia Pty Ltd Market Share: x.x%
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What is Machine Tool and Parts Manufacturing industry?

Industry Definition

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 and Services

  • 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 manufacturing
  • Drilling machinery manufacturing
  • Portable electric drill manufacturing
  • Forging machinery manufacturing
  • Pneumatic and power-operated hand tool manufacturing
  • Lathe manufacturing
  • Machine tool attachments or parts manufacturing
  • Milling machine manufacturing
  • Mould making machinery manufacturing
  • Welding or cutting equipment manufacturing

Market research report - table of contents

Industry Definition

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.

Main Activities

  • Die and metalworking hand or machine tool manufacturing
  • Drilling machinery manufacturing
  • Portable electric drill manufacturing
  • Forging machinery manufacturing
  • Pneumatic and power-operated hand tool manufacturing
  • Lathe manufacturing
  • Machine tool attachments or parts manufacturing
  • Milling machine manufacturing
  • Mould making machinery manufacturing
  • Welding or cutting equipment manufacturing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

A variety of manufacturing industries use machine tools and parts, including motor vehicle manufacturing, wooden structural component manufacturing and in...
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Demand from manufacturing
Trade-weighted index
Total capital expenditure
Actual capital expenditure on mining

Current Performance

International trade
Profit
Industry structure
 Chart: Revenue Growth

Industry Outlook

Downstream conditions
Exports and imports
Profit
Participation
 Table: Machine Tool and Parts Manufacturing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Machine Tool and Parts Manufacturing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Mining
Wooden Structural Component Manufacturing in Australia
Automotive Electrical Component Manufacturing in Australia
Industrial Machinery Manufacturing in Australia
Construction in Australia


Key Selling Industries

Power Automation Products and Other Electrical Equipment Manufacturing in Australia
Telecommunications and Other Electrical Goods Wholesaling in Australia





Products & Services

The Machine Tool and Parts Manufacturing industry manufactures a range of products. The following product segments include power-operated hand tools and m...
Manufacturing companies
Construction companies
Mining companies
Wholesalers, retailers and other markets


Demand Determinants

Import competition, product pricing, technological change and exchange rate fluctuations are key determinants of demand for industry goods. Demand for ind...
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Major Markets

Manufacturing companies
Construction companies
Mining companies
Wholesalers, retailers and other markets



 Chart: Major Market Segmentation for the Machine Tool and Parts Manufacturing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Machine Tool and Parts Manufacturing industry is characterised by low market share concentration. The top four firms are expected to account for 31.5%...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Machine Tool and Parts Manufacturing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Machine Tool and Parts Manufacturing in Australia - Market Research Report Industry

Industry Globalization

ANCA Pty Ltd is a locally owned company that produces grinding, sharpening and tool cutting machines. Founded in 1974, ANCA has grown from its Melbourne h...
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ANCA

 Table: ANCA - financial performance

Cigweld

 Table: Cigweld - financial performance

Capital Intensity

Capital intensity across the industry is low, with an estimated $0.10 spent on capital expenditure for every dollar spent on labour costs in 2018-19. This...
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 Chart: Level of Capital Intensity for the Machine Tool and Parts Manufacturing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Machine Tool and Parts Manufacturing in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

COMPUTER NUMERIC CONTROL (CNC)

LATHE

SELECTIVE LASER MELTING (SLM)

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Machine Tool and Parts Manufacturing industry?

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This report on Machine Tool and Parts Manufacturing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Machine Tool and Parts Manufacturing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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