The Mining and Industrial Machinery Wholesaling industry acts as a conduit between manufacturers and final markets for machinery. Demand for industry services depends on activity in major markets. After a slow start as a result of the after-effects of the global financial crisis, demand for mining machinery and equipment surged due to the global resources boom. Strong growth in freight volumes and investment in water infrastructure also stimulated demand for material-handling equipment and pumps. Amid growing demand for industry products, the terminal decline of the Australian Manufacturing division has constrained demand for machine tools and other machinery.
Operators in the industry wholesale a range of machinery, parts and equipment that are mainly used as part of the production process. Products wholesaled by operators in the industry include everything from food processors to pumps and compressors.
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.