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April 28, 2006

30,000 Companies Occupy the $300 Billion Industrial Machinery Manufacturing Sector in the US

Research and Markets has announced the addition of Industrial Machinery Manufacturing - Industry Profile to their offering.

Dublin (PRWEB) April 28, 2006 -- Research and Markets (http://www.researchandmarkets.com/reports/c36219) has announced the addition of Industrial Machinery Manufacturing - Industry Profile to their offering.

Brief Excerpt from Industry Overview Chapter:
The manufacture of industrial machinery in the US involves about 30,000 companies with combined annual revenue of $300 billion. The industry is highly fragmented because most companies specialize in producing a particular type of machinery. Large companies include Caterpillar and Deere and divisions of GE and other large corporations, but most companies have annual sales between $10 and $500 million. Most companies operate in a relatively small field, but may produce dozens of variations and models of the same basic product.

COMPETITIVE LANDSCAPE
Demand for industrial machinery depends strongly on the health of the US economy and various subsectors such as the construction industry. Companies' profitability depends both on demand volume (since many costs are fixed) and efficient production. Small companies can compete effectively if they produce machinery with unique characteristics.

PRODUCTS, OPERATIONS & TECHNOLOGY
The major subsections of the industry are farm and construction machinery, manufacturing machinery, metalworking machinery, commercial machinery, and general machinery such as engines and pumps. While some products, such as tractors or heaters, are finished products, others, like motors, are components used in further production, and some, like textile looms, are custom-designed for a particular manufacturing process.

Manufacture involves producing and assembling components. Companies either make or buy components and various types of mechanical, hydraulic, and electrical control systems. Manufacturing often involves forging, machining, and welding activities that require skilled labor.

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For more information visit http://www.researchandmarkets.com/reports/c36219

Laura Wood
Senior Manager
Research and Markets
Fax: +353 1 4100 980

Posted by Industrial-Manufacturing at April 28, 2006 02:59 AM

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