WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Website Related Online Marketing Sunday, November 19, 2017 
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:

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:

About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers

For more information:
Sarah Smith
Research Advisor at
Tel: +44 208 816 85 48

View original content:

SOURCE ReportBuyer

Email This News Email | Submit To Slashdot Slashdot | Submit To Digg | Submit To | News Feeds Feeds

Nav Rhodes Forum 2017: DOC Research Institute Publishes Policy Recommendations | Nov 19, 2017
Nav China Digital TV to Hold 2017 Annual General Meeting on December 29, 2017 | Nov 17, 2017
Nav ASGARD Partners & Co. Announces Engagement by Burst Inc. as Strategic and Capital Markets Advisor | Nov 17, 2017
Nav Upland Software Announces Largest Acquisition to Date, Raises Guidance | Nov 17, 2017
Nav NINJA BLENDER - SOLLUME ESTHÉ Distributor G&J Completes Venture Company Certification by Ministry of SMEs and Startups (MSS) in South Korea | Nov 17, 2017
Nav Global Medical Devices Market 2017 - US Versus International Sales | Nov 17, 2017
Nav Tuniu Announces Management Change and Preliminary Results for the Third Quarter of 2017 | Nov 17, 2017
Nav Global Hydrogels Applications and Markets Report 2017 | Nov 17, 2017
Nav Global $172.6 Billion Therapies Market for Resistant and Recurrent Metastatic Cancer, 2022 | Nov 17, 2017
Nav Global $5.8 Billion Botanical Extracts Market 2017-2022 - Emergence of New Application Areas Accordance With Changing Consumption Trends | Nov 17, 2017

Submit News | View More News View More News