Mining and Construction Machinery Manufacturing in Australia - Industry Market Research Report
Mining and Construction Machinery Manufacturing in Australia
The Mining and Construction Machinery Manufacturing industry has experienced mixed demand conditions in recent years. Activity in the mining and construction sectors drives industry performance, so capital expenditure by either sector benefits the industry. However, cost pressures and heightened import competition have caused industry profitability to fall and forced some firms to exit the industry. Other firms have been forced to restructure their operations, moving some production offshore to take advantage of lower manufacturing costs. Overall, industry revenue has grown by an annualised 3.4% over the five years through 2022-23, to reach $4.6 billion. This trend includes growth of 1.3% in 2022-23.
Industry firms primarily manufacture construction, earthmoving or mining machinery and equipment, and specialised parts for these types of equipment.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market
TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition Main Activities Similar Industries Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary Key External Drivers Current Performance Industry Outlook Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain Products & Services Demand Determinants Major Markets International Trade Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration Key Success Factors Cost Structure Benchmarks Basis of Competition Barriers to Entry Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity Technology & Systems Revenue Volatility Regulation & Policy Industry Assistance