WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Website Related Online Marketing Tuesday, January 23, 2018 
Add Press Release News | News Feeds Feeds | Email This News Email


Manufacture of General Purpose Machinery in South Africa 2017
Wednesday, November 15, 2017

LONDON, Nov. 14, 2017 /PRNewswire/ -- Manufacture of General Purpose Machinery: Sales of general purpose machinery were worth some R36.2bn in 2016 up from R34.1bn in 2015 and according to the Manufacturing, Engineering and Related Services Sector Education and Training Authority (merSETA), employment in the metals chamber stands at 298,000. General purpose machinery is typically defined as machinery that is used in a wide variety of industries, as opposed to machinery put to a specialised use in a single sector, such as agricultural equipment. There are 13 major product categories within the sector and there are a handful of major manufacturers or distributors active in each category with some 70 large or medium-sized businesses active in the sector as a whole.

Download the full report: https://www.reportbuyer.com/product/5045709

A Sector Under Pressure: Despite annual sales increases, the volume production of general purpose machinery has been declining for some years and the industry is experiencing subdued demand and increasing competition from imports. According to the South African Manufacturing Circle, the poor performance of the segment is at least partly a function of the fragile state of the manufacturing sector as a whole. Many other sub-industries of manufacturing are key consumers of general purpose machinery and drive demand. Therefore, poor performance of overall manufacturing is particularly negative for machinery producers as they suffer doubly, first from generally depressed economic conditions and demand, and secondly from reduced orders from other manufacturers.

Report Coverage: The Manufacture of General Purpose Machinery describes current conditions as well as initiatives and investments that are expected to increase demand for general purpose machinery. The increasing numbers of imports and the increasing importance of exports to the rest of Africa are also discussed. Profiles for 73 companies are provided, including ACTOM which entered into a joint venture with German industrial fan company TLT-Turbo GmbH in 2015, and whose recent acquisitions include Genlux Lighting and WPI Power Solutions. Also profiled are SMMES such as Chigo Airconditioning CC and GE Betz South Africa (Pty) Ltd, which is active in the water purifying and filtration arena.

Download the full report: https://www.reportbuyer.com/product/5045709

About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
https://www.reportbuyer.com

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: query@reportbuyer.com
Tel: +44 208 816 85 48
Website: www.reportbuyer.com

View original content:http://www.prnewswire.com/news-releases/manufacture-of-general-purpose-machinery-in-south-africa-2017-300556325.html

SOURCE ReportBuyer



Email This News Email | Submit To Slashdot Slashdot | Submit To Digg.com Digg | Submit To del.icio.us Del.icio.us | News Feeds Feeds

RELATED NEWS ARTICLES
Nav Payfone Partners with O2 to Thwart Digital Fraud, Continuing Expansion into 35 Global Markets | Jan 23, 2018
Nav Invitation to Media and Analyst Briefings for Ericsson Q4 and Full-year 2017 Report | Jan 23, 2018
Nav GoLookUp's Unclaimed Money Search Helps to Discover Lost Funds Across the USA | Jan 22, 2018
Nav The Barkleys Are Back: Subaru Of America Unveils All-New "Dog Tested. Dog Approved." TV Ads During This Year's Screen Actors Guild Awards® | Jan 22, 2018
Nav The Priceline Group Appoints David Goulden as Chief Financial Officer | Jan 22, 2018
Nav MTI Wireless Edge Supports Rise Broadband, USA's Largest Fixed Wireless Service Provider, With High-speed Broadband Equipment | Jan 22, 2018
Nav Despite Fears, Executives Believe AI and Robotics Could Change Workplace for the Better, Says Pega Research | Jan 22, 2018
Nav Former NBA Player Ben Gordon Set to Pen New Launch Signature Brand | Jan 22, 2018
Nav WRIT Media Group Inks Deal With Optical Digital Transmission Company for Crypto Mining Transistor Technology | Jan 22, 2018
Nav Point of Care Tech Advancements Combat Healthcare-Associated Infections | Jan 22, 2018
NEWS SEARCH

FEATURED NEWS | POPULAR NEWS
Submit News | View More News View More News