Industrial Manufacturing: Introduction
This segment includes companies that manufacture construction machinery, surface mining machinery, and logging equipment.
This segment includes companies that manufacture agricultural and farm machinery and equipment.
Companies in this segment manufacture both underground mining machinery and mineral beneficiating machinery. Underground mining machinery includes coal breakers, mining cars, core drills, coal cutters, and rock drillers. Mineral beneficiating machinery is
Oil and Gas Field Machinery
Companies in this segment manufacture oil and gas field machinery and water well drilling machinery. Oil and gas field machinery includes machines that drill in oil and gas fields, production machinery, and oil and gas field derricks.
Companies in this segment manufacture printing and bookbinding machinery equipment including printing presses, typesetting machinery, and bindery machinery.
Sawmill, Woodworking, and Paper Machinery
This segment manufactures non-handheld sawmill and woodworking machinery including circular and band sawing equipment, planning machinery, and sanding machinery.
The Industrial Manufacturing industry is Fairly Fragmented. The production in this industry is divided among several different companies, no single firm has large enough share of the market to be able to influence the industry's direction or price levels.
Primary Demand Drivers
- Overall industry activity
- Health of sectors such as agriculture, construction, manufacturing, and oil and gas exploration
- Production and power generation
- Engineering expertise
- Efficient production
From the Blog
Reflecting on the millions of lives impacted during the years of pandemic-induced change, including economy shifts and numerous layoffs in the workforce, it is difficult to predict where we will go from here; however, as this wave of events has started to slow down, there is some light at the end of the tunnel. News regarding the pandemic is becoming less urgent now that it is not as widespread as it has been in the previous two years. Even though COVID-19 is no longer considered a recent emergency, it is more of a reality that individuals and businesses alike are working to accommodate in their daily operations.
We all learned about the industrial revolutions in our world history class - due to the increase in wealth from violent colonialism, Europe invested in technology and created the cotton mill and steam power in the late 1700s to early 1800s. And now, more and more technological revolutions have led us to this new, debated Fourth Industrial Revolution, a revolution that is radically changing every business sector.
- Hoovers (Date Accessed: 6/1/2017)