Firms in the industry repair a wide range of metal products. The industry is characterised by a number of small players and no identifiable major players. Industry revenue is estimated to fall at a compound annual rate of 4.6% over the five years through 2014-15. Fragile economic conditions caused industrial activity to remain weak and dampened demand for industry services. As a result, revenue fell sharply during the start of the period. The industry returned to growth in 2012-13, primarily due the improvements in demand for repair services as some businesses chose to repair rather than replace their fabricated metal products.
Firms in this industry repair a diverse range of fabricated metal products, including metal tanks, reservoirs, containers, steel shipping drums, steam or vapour generators, nuclear reactors and parts for marine or power boilers. The repair and maintenance of pipes, firearms, ordnance and shopping trolleys are also covered by this industry, as is mobile welding repair.
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.