The market is dominated by foreign suppliers, as imports account for 74.4% of total market size in 2023. Investments drive market demand, with investments representing 56.6% of total demand in 2023. Australia has the 15th largest market size for appliances for measuring, navigating and testing across the top 20 developed countries, with demand reaching USD4.2 billion in 2023. SGE Analytical Science Pty Ltd is the largest company in Australia, generating 12.5% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 46.6% of total production value in 2023. The total number of companies increases in 2023, to 500 units. The costs of the industry decrease by 0.4% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 3.2% of production value in 2023, the 20th highest across the top 20 developed countries. The industry’s exports share decreases in 2023 to 56.5% of total production output. With production value of USD1.9 billion, Australia accounts for 88.3% of the Australasia total in 2023.
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This Euromonitor industrial report provides unique information on Appliances for Measuring, Navigating and Testing in Australia: ISIC 3312. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Appliances for Measuring, Navigating and Testing in Australia: ISIC 3312 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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