Industry Analysis & Industry Trends
Industry operators manufacture a plethora of different pieces of machinery and equipment, ranging from excavators and front shovels to mineral processing equipment. International trade has a significant influence on industry performance, with imports satisfying an estimated 46.2% of domestic demand and exports accounting for approximately 62.2% of industry revenue. The industry has a handful of global firms operating alongside a large number of smaller players.
Industry growth has been relatively weak over the past five years... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Mining, Quarrying and Construction Machinery Manufacturing industry has a moderate level of concentration, since the top four players are estimated to account for 46.1% of industry revenue. J.C.B. Service and Caterpillar are the two largest companies and account for 38.6% of the market between them. The major players have extensive global operations and operate in the United Kingdom through subsidiaries. However, the industry also has several smaller players operating in the industry.
Nevertheless, market share concentration levels vary between product and market segments. The overall level of market share concentration has increased during the past five years due to acquisition activity and the exit of unprofitable players. Mar.. purchase to read more