$23.5bn
$X.Xbn
30,481
2,130
$X.Xbn
Mining and industrial machinery wholesalers have faced a volatile operational landscape due to inconsistent activity and spending in downstream markets. Uncertainties caused by the COVID-19 pandemic and overarching climate trends have slowed down demand for mining machinery and equipment. However, high growth in demand from mineral processors has offset this trend. Overall, demand growth from major downstream sectors has been robust, supporting revenue growth and profitability margins. Industry revenue is anticipated to have risen at an annualised 1.1% over the five years through 2023-24, to $23.5 billion. This includes an expected nosedive of 6.1% in 2023-24.
Industry revenue has grown at a CAGR of 1.1 % over the past five years, to reach an estimated $23.5bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
Seven | 1,943.0 | |
Hastings Deering Group | 1,394.3 | |
Sandvik Australia Holdings | 1,237.8 |
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Industry revenue is measured across several distinct product and services lines, including Material handling equipment, Pumps and compressors and Mining equipment. Material handling equipment is the largest segment of the Mining and Industrial Machinery Wholesaling in Australia.
Strengthened demand from the Mining division has fuelled demand for mining equipment
Industry operators wholesale a range of machinery, parts and equipment for use in industrial production and mining processes. Wholesaled products include food processing machinery, woodworking equipment, dry-cleaning equipment and printing machinery.
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ANZSIC 3419 - Mining and Industrial Machinery Wholesaling in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Climbing capital expenditure on mining has supported demand for mining and industrial machinery. Mining companies have lifted their output and invested in machinery due to so...
Learn about an industry's products and services, markets and trends in international trade.
The Mining division is industry wholesalers’ largest market. Strengthened investments across the Mining division have boosted demand for mining and mineral processing equipme...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
New South Wales and Victoria together account for about half of all mining and industrial machinery wholesaling establishments. This trend reflects these states’ large popula...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Internal industry competition is high. Machinery and equipment wholesalers mainly compete on price, quality of goods and services offered to attract and retain customers.
Learn about the performance of the top companies in the industry.
Seven Group is the only company expected to account for more than 5.0% of industry revenue in 2023-24. The company benefits from its partnership with the popular machinery an...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
No major regulatory or licensing requirements are specific to the industry. However, as machinery and equipment are dangerous to operate, wholesalers require processes to ens...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Wholesalers’ operations typically have slim profit margins, and rely on transaction volumes to ensure financial viability. Strengthened demand from mining companies has lifte...
Including values and annual change:
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Key data sources in Australia include:
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These sources include:
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The market size of the Mining and Industrial Machinery Wholesaling industry in Australia is $23.5bn in 2024.
There are 2,130 businesses in the Mining and Industrial Machinery Wholesaling industry in Australia, which has declined at a CAGR of 1.5 % between 2019 and 2024.
The market size of the Mining and Industrial Machinery Wholesaling industry in Australia has been growing at a CAGR of 1.1 % between 2019 and 2024.
Over the next five years, the Mining and Industrial Machinery Wholesaling industry in Australia is expected to grow.
The biggest companies operating in the Mining and Industrial Machinery Wholesaling market in Australia are Seven, Hastings Deering Group and Sandvik Australia Holdings
Material handling equipment and Pumps and compressors are part of the Mining and Industrial Machinery Wholesaling industry.
The company holding the most market share in Australia is Seven.
The level of competition is moderate and steady in the Mining and Industrial Machinery Wholesaling industry in Australia.