Machine Tools in Australia: ISIC 2922 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-01 19:01:01
The Australian market for machine tools grew in total by 52% over 2000-2010, and is set to see good future growth numbers, with a new industry plan to focus on high-performance and flexible machine tools.
Growing by 5% on average per annum, the Australian market for machine tools reached A$2.3 billion in 2010. Generally displaying growth figures, the market experienced a sharp decline of 15% in 2009 as the manufacturing decrease that came with the recession reduced demand for machine tools. The market declined further by 7% in 2010.
On average, 57% of total market output was used for investment purposes over the decade. B2B customers followed with 41% of total purchases in 2010, their share slightly increased from 38% in 2000. Households follow in importance, purchasing 4% of market output in 2010, with the government the last customer with a negligible 1% share of total purchases. Local producers accounted for approximately a third of the market output throughout the decade.
Click for report details: www.companiesandmarkets.com/Market/Industrial/Market-Research/Ma ..
Browse all Industrial Market Research Reports www.companiesandmarkets.com/Market/Industrial/Market-Research?aC ..
Browse all Industrial Company Profile Reports www.companiesandmarkets.com/Market/Industrial/Company-Profile?aC ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.