The market is dominated by foreign suppliers, as imports account for 84.9% of total market size in 2022. Investments drive market demand, with investments representing 48.2% of total demand in 2022. Australia has the 16th largest market size for engines and turbines, except aircraft, vehicle and cycle engines across the top 20 developed countries, with demand reaching USD862 million in 2022. TSF Engineering Pty Ltd is the largest company in Australia, generating 16.7% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 46.9% of total production value in 2022. The total number of companies increases in 2022, to 125 units. The costs of the industry decrease by 0.2% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 16.5% of production value in 2022, the second highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 60.0% of total production output. With production value of USD318 million, Australia accounts for 79.1% of the Australasia total in 2022.
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This Euromonitor industrial report provides unique information on Engines and Turbines, Except Aircraft, Vehicle and Cycle Engines in Australia: ISIC 2911. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Engines and Turbines, Except Aircraft, Vehicle and Cycle Engines in Australia: ISIC 2911 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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