Collapsing: Revenue has fallen due to weaker demand from mining and construction markets

The Conveyor and Crane Manufacturing industry manufactures a range of conveyors, elevators, moving walkways, cranes and lifting equipment. These products are sold to clients in the Manufacturing, Construction, Mining and Transport divisions. Over the past five years, industry operators have faced weaker demand in many mining, manufacturing and construction markets, and have steadily lost market share due to import penetration. However, demand for lifting, stacking and materials handling systems from transport, storage and commercial building markets has been solid over the period. Industry revenue is expected to decline at an annualised 2.8% over the five years through 2019-20, to total $2.0 billion. Industry revenue is anticipated to contract by 3.1%...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 15-20
-2.8%
Forecast Growth 20-25
Profit
Employment
5,300
Businesses
475

Industry Threats & Opportunities

  • The industry has contracted due to difficult conditions in the Mining division
  • Many industry products are modifications of more homogeneous equipment produced overseas
  • The industry’s performance is forecast to improve with the upswing in local demand conditions
  • Industry Report - Industry SWOT Analysis Chapter

    The industry is in a declining stage of its life cycle due to the loss of domestic demand to low-cost imports. Industry value added (IVA), which is indicative of the industry's contribution to the overall economy, is forecast to decrease at an annualised 2.7% over the 10 years through 2024-25. This contrasts with the projected growth in Australia's GDP at an annualised 2.6% over the same period, which indicates the industry's contribution to the overall economy is shrinking.The product groups within the industry are stable and clearly segmented. Although the mining, transport and construction industries have provided some scope for the industry to produce customised products over the past five years, these markets are increasingly being satisfied by imported products. The...purchase to read more.

    Additional Insights for the Conveyor and Crane Manufacturing Industry

    IBISWorld has determined the most important Key Success Factors for the Conveyor and Crane Manufacturing are:

  • Having a diverse range of clients
  • Concentration on core business
  • Access to multiskilled and flexible workforce
  • IBISWorld analysts also discuss how external factors such as Demand from mining and Private non-residential construction capital expenditure in the Conveyor and Crane Manufacturing industry impact industry performance..

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    What's in this report

    What is the Conveyor and Crane Manufacturing Industry?

    Industry firms primarily manufacture forklift trucks, cranes, winches, hoists, hoisting equipment, conveyors or conveying systems. They also manufacture elevators, escalators, lifts and tractors used for moving goods. The industry excludes companies solely focused on maintenance, installation and repair services.

    Industry Products
  • Unit handling conveyors
  • Bulk handling conveyors
  • Elevators and walkways
  • Aerial work platforms
  • Forklifts
  • Hoists and winches
  • Cranes
  • Industry Activities
  • Conveyor or conveying system
  • Crane
  • Elevator or elevator part
  • Forklift truck
  • Hoist or hoisting equipment
  • Jacking equipment
  • Pneumatic conveyor system
  • Stacking machinery
  • Winch
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from mining
  • Private non-residential construction capital expenditure
  • Demand from construction
  • Demand from manufacturing
  • Demand from transport, postal and warehousing
  • Trade-weighted index

  • Current Performance
  • Profit losses
  • Import growth
  • Mining and infrastructure trends
  • Manufacturing declines
  • Transport and building demand trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Import penetration rises
  • Transport provides demand
  • Infrastructure and mining markets
  • Building activity recovers
  • Input prices and profit
  • Table: Conveyor and Crane Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Conveyor and Crane Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Construction
  • Multi-Unit Apartment and Townhouse Construction
  • Wholesale Trade
  • Commercial and Industrial Building Construction
  • Integrated Logistics

  • Key Selling Industries
  • Iron Smelting and Steel Manufacturing
  • Nut, Bolt, Screw and Rivet Manufacturing
  • Power Automation Products and Other Electrical Equipment Manufacturing
  • Pump and Compressor Manufacturing
  • Sheet Metal Product Manufacturing

  • Products & Services
  • Bulk handling conveyors
  • Unit handling conveyors
  • Cranes
  • Aerial work platforms
  • Elevators and walkways
  • Forklifts
  • Hoists and winches
  • Chart: Conveyor and Crane Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Mining companies
  • Building construction firms
  • Heavy industry and non-building construction firms
  • Manufacturing companies
  • Transport and storage firms
  • Other markets
  • Chart: Major Market Segmentation for the Conveyor and Crane Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Conveyor and Crane Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Conveyor and Crane Manufacturing Industry

  • Industry Globalization
    Fenner (Pacific) Pty Limited, Clark Equipment Sales Pty Ltd,
  • Table: Fenner (Pacific) Pty Limited - financial performance
  • Table: Clark Equipment Sales Pty Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Conveyor and Crane Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Conveyor and Crane Manufacturing Industry
    Includes:
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Exports (2011-2025)
  • Imports (2011-2025)
  • Wages (2011-2025)
  • Wages (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Conveyor
  • A common piece of mechanical handling equipment that moves materials from one location to another.
  • Forklift
  • A powered industrial truck used to lift and transport materials. Also called a lift truck, a high-low, a stacker-truck, a trailer loader, a sideloader or a fork hoist.
  • Overhead Cranes
  • Overhead cranes are cranes that run along a horizontal beam, which runs along two widely separated rails and can manoeuvre heavy or bulky materials within confined spaces.
  • Travelator
  • A moving walkway or a horizontal escalator used to transport people and commonly seen in airport terminals.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Conveyor and Crane Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Conveyor and Crane Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Conveyor and Crane Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Conveyor and Crane Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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