The Machine Tool Wholesaling industry has performed extremely well over the past five years. Although many downstream industries were severely affected by the economic downturn, including the manufacturing and construction sectors, the industry has grown strongly since a brief blip in 2009-10. Both the manufacturing and construction sectors have been key to this revival. The manufacturing sector has grown consistently over the five-year period, with strong growth in both the aerospace and automotive manufacturing industries, which has offered a considerable boost for machine tool wholesalers.
Firms in this industry sell machine tools that are used to cut, join or form metal and other rigid materials.
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.