Industry Analysis & Industry Trends
The Mining and Industrial Machinery Wholesaling industry links manufacturers with final markets for a range of machinery and equipment. Industry operators have ties with national and international manufacturers and can fill orders for a range of industries. The industry depends on downstream demand, and the Mining division has played a growing role in industry performance over the past five years, prompting revenue volatility. Although the industry benefited from surging demand for mining machinery and equipment until 2012-13, demand has been contracting since 2013-14 due to slumping mining capital expenditure. Industry revenue is expected to decline at an annualised 10.0% over the five years through 2016-17... purchase to read more
Industry Report - Industry Analysis Chapter
Firms operating in the Mining and Industrial Machinery Wholesaling industry wholesale equipment to a range of downstream markets. The Mining and Manufacturing divisions account for most of these sales. Capital equipment investment trends in these divisions are important determinants of industry revenue, while business confidence influences demand from niche markets. As an intermediary between manufacturers and final markets, the industry depends on demand from downstream markets, and its ability to increase demand for mining and industrial machinery through innovation.
Over the past five years, the industry and its major players have faced fluctuating demand from the Mining division, as capital expenditure declined for most of the period... purchase to read more