Machinery Manufacturing Report Summary

SIC Codes: 3433 3443 3511 3519 3523 3524 3531 3532 3533 3535 3537 3541 3542 3544 3545 3546 3547 3548 3549 3552 3553 3554 3555 3556 3559 3561 3563 3564 3565 3566 3567 3568 3569 3578 3581 3582 3586 3589 3593 3594 3596 3827 3861
NAICS Codes: 333111 333112 333120 333131 333132 333241 333242 333243 333244 333249 333314 333316 333318 333413 333414 333415 333511 333514 333515 333517 333519 333611 333612 333613 333618 333912 333921 333922 333923 333924 333991 333992 333993 333994 333995 333996 333997 333999

Chapters Include

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

Machinery Manufacturing Industry Overview

Excerpt from Machinery Manufacturing Report

Companies in this industry manufacture various kinds of machinery used in agriculture, mining, construction, or manufacturing. Major companies include Applied Materials, Caterpillar, Deere, divisions of General Electric, Halliburton, and Kennametal (all based in the US), along with Canon (Japan), CNH Industrial (UK), Mitsubishi Heavy Industries (Japan), Sandvik (Sweden), Sany Heavy Industry (China), and Tetra Laval International (Switzerland).

Competitive Landscape

Amid slow overall economic growth, low commodities prices, and geopolitical uncertainty, machinery manufacturers and their customers are focused on increasing productivity. Machinery manufacturers can improve competitiveness by investing in products and services that leverage connectivity and data to forge more collaborative and lucrative relationships with customers. To that end, many machinery manufacturers are developing connected products that collect and analyze operational data which helps customers cut operating costs, predict machinery maintenance requirements, and increase efficiency.

Products, Operations & Technology

Major products are farm and construction machinery, metalworking and other manufacturing machinery, HVAC and commercial refrigeration equipment, and general-use 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.

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