Segments

Construction Machinery

This segment includes companies that manufacture construction machinery, surface mining machinery, and logging equipment.

Farm Machinery

This segment includes companies that manufacture agricultural and farm machinery and equipment.

Mining Machinery

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.

Printing Machinery

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

Profitability Drivers

  • Engineering expertise
  • Efficient production

From the Blog Blog RSS

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.

For the past 7 quarters, the global manufacturing industry’s main concern has been labor shortages. These shortages are due in large part to a lack of workers with technical skills. Other factors include increasing retirement rates, growing complexity in the global supply chain, and academia. The global manufacturing labor shortage could exceed 8 million people by 2030, resulting in a possible revenue loss of $607 billion. Countries that already struggle with shortages are expected to get worse. Over the next 20 years, Hong Kong’s shortage of manufacturing workers will equate to nearly 80% of its industry workforce.

Sources

  1. Hoovers (Date Accessed: 6/1/2017)