Measurement and Other Scientific Equipment Manufacturing in Australia - Market Research Report

Measurement and Other Scientific Equipment Manufacturing industry trends (2014-2019)

poll Average industry growth 2014–2019: -1.5%

The Measurement and Other Scientific Equipment Manufacturing industry produces a range of measurement, analytical and scientific equipment, including laboratory, analytical, measuring, meteorological, radar, navigational and surveying instruments and equipment. The industry's downstream markets include manufacturing, construction, healthcare, education and defence companies. Intense import penetration has negatively affected the industry over the past five years. Domestic companies have struggled to compete with the range of goods that are manufactured overseas. The price points of these imported goods vary, from low-end basic equipment, to high-end, sophisticated products. Industry revenue is expected to decrease at an annualised 1.5% over the five...
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Measurement and Other Scientific Equipment 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.

Demand for measurement and scientific equipment is anticipated to rise over the next five years as demand from scientific research, healthcare and construction industries increases. Factors such as private capital expenditure on machinery and equipment, research and development investment, and exchange rate movements will continue to affect the industry's performance over the period. International trade is set to remain a crucial part of the industry, with imports and exports continuing to account for high proportions of domestic demand and industry revenue, respectively. Revenue and profitability Industry revenue is forecast to grow at an annualised X.X% over the five years through XXX-XX, to reach $X.X billion. Strong growth in downstream healthc...
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Measurement and Other Scientific Equipment Manufacturing industry statistics

  • attach_money Market Size: $2bn
  • business Number of Businesses: 827
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 6,586

Biggest companies in the Measurement and Other Scientific Equipment Manufacturing industry

The companies holding the largest market share in the Measurement and Other Scientific Equipment Manufacturing in Australia industry include Danaher Australia Holding Pty Ltd and Thermo Electron Australia Pty Limited.

  • pie_chart Danaher Australia Holding Pty Ltd Market Share: x.x%
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  • pie_chart Thermo Electron Australia Pty Limited Market Share: x.x%
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What is Measurement and Other Scientific Equipment Manufacturing industry?

Industry Definition

Industry firms primarily manufacture navigational, measuring, or other professional and scientific equipment that is not classified elsewhere. Operators that manufacture specialised parts for this equipment are also included in the industry.

Industry Products and Services

  • Nautical, radar and surveying instruments
  • Timing instruments, watches and clocks
  • Laboratory, measuring and scientific equipment
  • Electrical signalling and testing equipment
  • Other instruments and equipment

Industry Activities

  • Clock and watch manufacturing
  • Gas, parking, taxi and water meter manufacturing
  • Electrical control and signalling equipment manufacturing
  • Global positioning system (GPS) equipment manufacturing
  • Non-medical magnetic resonance imaging (MRI) equipment manufacturing
  • Measuring instrument manufacturing
  • Analytic, meteorological, nautical and surveying instrument manufacturing
  • Navigational, radar and sonar system and equipment manufacturing
  • Uninsulated optical fibre cable manufacturing
  • Other professional and scientific equipment manufacturing

Market research report - table of contents

Industry Definition

Industry firms primarily manufacture navigational, measuring, or other professional and scientific equipment that is not classified elsewhere. Operators that manufacture specialised parts for this equipment are also included in the industry.

Main Activities

  • Clock and watch manufacturing
  • Gas, parking, taxi and water meter manufacturing
  • Electrical control and signalling equipment manufacturing
  • Global positioning system (GPS) equipment manufacturing
  • Non-medical magnetic resonance imaging (MRI) equipment manufacturing
  • Measuring instrument manufacturing
  • Analytic, meteorological, nautical and surveying instrument manufacturing
  • Navigational, radar and sonar system and equipment manufacturing
  • Uninsulated optical fibre cable manufacturing
  • Other professional and scientific equipment manufacturing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Construction firms are the largest consumer of industry products. Many construction processes require sophisticated testing and measuring equipment, such ...
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Demand from construction
Demand from scientific research services
Demand from health care and social assistance
Private capital expenditure on machinery and equipment

Current Performance

Import and export growth
Downstream demand
 Chart: Revenue Growth

Industry Outlook

Downstream markets
International trade
 Table: Measurement and Other Scientific Equipment Manufacturing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Measurement and Other Scientific Equipment Manufacturing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Mining
Medical and Scientific Equipment Wholesaling in Australia
University and Other Higher Education in Australia
Health Services in Australia
Private Schools in Australia
Government Schools in Australia

Key Selling Industries

Manufacturing






Products & Services

Industry operators manufacture a range of measurement, scientific, meteorological, navigational and surveying instruments and equipment. Products are divi...
Other
Manufacturing industries
Healthcare industries
Education industries


Demand Determinants

A range of factors influence demand for measurement and other scientific equipment. These include technological developments, the strength of the Australi...
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Major Markets

Other
Manufacturing industries
Healthcare industries
Education industries



 Chart: Major Market Segmentation for the Measurement and Other Scientific Equipment Manufacturing in Australia - Market Research Report Industry

International Trade

Business Locations

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

Market Share Concentration

A low market share concentration characterises the industry. In 2018-19, the industry’s four largest players are estimated to account for roughly 20% of t...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Measurement and Other Scientific Equipment Manufacturing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Measurement and Other Scientific Equipment Manufacturing in Australia - Market Research Report Industry

Industry Globalization

Danaher Australia Holding Pty Ltd, trading as Leica Microsystems and Leica Biosystems, is the local subsidiary of the US-based Danaher Corporation. Danahe...
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Leica Microsystems

 Table: Leica Microsystems - financial performance

Thermo Fisher Scientific

 Table: Thermo Fisher Scientific - financial performance

Capital Intensity

A medium level of capital intensity characterises the industry. In 2018-19, for every dollar spent on wages, an estimated $0.13 is invested in capital. Co...
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 Chart: Level of Capital Intensity for the Measurement and Other Scientific Equipment 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 Measurement and Other Scientific Equipment 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, %

CONFOCAL

GLOBAL POSITIONING SYSTEM (GPS)

MAGNETIC RESONANCE IMAGING (MRI)

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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

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This report on Measurement and Other Scientific Equipment Manufacturing in Australia:

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  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
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The Measurement and Other Scientific Equipment 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
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  • An assessment of the competitive landscape and market shares for major companies
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