Building up: Strong construction activity globally and domestically supports revenue growth

Operators in the Mining, Quarrying and Construction Machinery Manufacturing industry produce heavy machinery used in industrial applications. However, the majority of operators are original equipment manufacturers (OEMs) focusing on the production of equipment parts. On a global scale, the industry is small, comprising an estimated 15 enterprises. In 2019, the industry is forecast to generate €138.2 million, a negligible figure compared with the industry's UK counterpart, which is forecast to generate £3.8 billion (€4.3 billion) in 2018-19. Historically, the dominance of foreign multinationals, like Japanese manufacturer Komatsu, in the global industrial equipment market has limited the operational scope of Irish producers...read more.

Industry Statistics & Market Size
Revenue
€138.2m
Annual Growth 14-19
10.6%
Forecast Growth 19-24
Profit
Employment
366
Businesses
15
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Global construction activity has supported demand for the industry, boosting revenue
  • Strong demand from construction markets across Europe has supported export growth
  • The exploration of Ireland's offshore oil reserves is expected to support demand for the industry
  • Industry Report - Industry Investment Chapter

    The level of capital intensity is determined by comparing the human and capital equipment factors of production, using wages and depreciation costs as proxies. Comparatively high depreciation costs indicate substantial investment in depreciable assets including establishments and equipment, resulting in high capital intensity. Conversely, comparatively high wage costs indicate high labour intensity. IBISWorld estimates that operators in the Mining, Quarrying and Construction Machinery Manufacturing industry spend €4.56 on labour for every €1.00 they invest in capital. This indicates that the industry is estimated to have a moderate level of capital intensity...purchase to read more.

    Additional Insights for the Mining, Quarrying & Construction Machinery Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Mining, Quarrying & Construction Machinery Manufacturing Industry are

  • Economies of scale
  • Establishment of export markets
  • Access to the latest available and most efficient technology and techniques
  • IBISWorld analysts also discuss how external factors such as Industrial production index of OECD countries and Production in building and construction index in the Mining, Quarrying & Construction Machinery Manufacturing industry impact industry performance..

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    What's in this report

    What is the Mining, Quarrying & Construction Machinery Manufacturing in Ireland Industry?

    Firms in this industry manufacture heavy machinery and equipment used in construction, mining, quarrying and other industrial applications. This includes the production of continuous action machinery for underground use (e.g. boring and tunnelling machines), equipment used for oil and gas exploration (e.g. drilling rigs), and associated components.

    Industry Products
  • Earthmoving machinery
  • Processing machinery
  • Underground machinery
  • Industry Activities
  • Mining machinery
  • Quarrying machinery
  • Construction plant
  • Fuel exploration equipment
  • Industrial equipment parts
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Industrial production index of OECD countries
  • Production in building and construction index
  • Real effective exchange rate
  • World price of crude oil
  • MSCI World Index

  • Current Performance
    Global contextExport marketOil explorationQuality engineering
  • Chart: Revenue Growth

  • Industry Outlook
    Construction activityIrish oilUntapped markets
  • Table: Mining, Quarrying & Construction Machinery Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Mining, Quarrying & Construction Machinery Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Crude Petroleum & Natural Gas Extraction in Ireland
  • Building Project Development in Ireland
  • Mining, Construction & Civil Engineering Machinery Wholesaling in Ireland
  • Building Construction in Ireland

  • Key Selling Industries
  • Compressor Manufacturing in Ireland
  • Engine & Turbine Manufacturing in Ireland
  • Steel Casting in Ireland
  • Tyre Manufacturing in Ireland

  • Products & Services
  • Earthmoving machinery
  • Processing machinery
  • Underground machinery
  • Chart: Mining, Quarrying & Construction Machinery Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Construction
  • Mining and quarrying
  • Exploration
  • Chart: Major Market Segmentation for the Mining, Quarrying & Construction Machinery Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Distribution
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Mining, Quarrying & Construction Machinery Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Mining, Quarrying & Construction Machinery Manufacturing Industry

  • Industry Globalization
    MDS International, Quarrying & Mining Equipment Ltd,
  • Table: MDS International - financial performance
  • Table: Quarrying & Mining Equipment Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Mining, Quarrying & Construction Machinery Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Mining, Quarrying & Construction Machinery Manufacturing Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Bitumen
  • A black viscous mixture of hydrocarbons obtained naturally or as a residue from petroleum distillation.
  • Comminution
  • The action of reducing a material to minute particles or fragments.
  • Dolomite
  • A carbonate mineral composed of calcium magnesium carbonate.
  • Drivetrain
  • The system in a motorised machine that connects the transmission to the drive axles.
  • Harsh-Environment Exploration
  • The process of exploring hydrocarbon fields that are considered susceptible to volatile and extreme conditions.
  • Original Equipment Manufacturer (Oem)
  • A company whose goods are used as components in the products of another entity.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Mining, Quarrying & Construction Machinery Manufacturing in Ireland market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Mining, Quarrying & Construction Machinery Manufacturing in Ireland:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Mining, Quarrying & Construction Machinery Manufacturing in Ireland market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Mining, Quarrying & Construction Machinery Manufacturing in Ireland, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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