Machine tool wholesalers purchase goods from manufacturers and onsell them to clients. Most of the industry players are diverse wholesalers that specialise in a wide range of products, with machine tools comprising just one of the product segments. Industry revenue is expected to decline at an annualised 0.6% over the five years through 2014-15 to reach $1.6 billion. Over the past five years, this decline has been slightly offset by the manufacturing industries with exposure to the mining sector. Clients in other manufacturing industries are likely to have contributed significantly less to demand over the same period.
This industry wholesales machine tools. Products include powered metalworking machinery, such as lathes, bores, drills, grinders, buffers, chamfers and polishers. Some of the firms are vertically integrated, from production through to distribution.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.