Gardner Business Media

2013

Gardner Research

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2 0 1 4 C a p i t a l S p e n d i n g Survey & Forecast Top Industries Spending by Industry 2008 2013 2014 Metalcutting Job Shops $2,319,627,284 $1,887,817,581 $2,573,335,023 Machinery and Equipment Manufacturing $581,046,142 $548,100,804 $821,154,914 Automotive $404,336,832 $1,051,500,292 $646,501,020 Electronics, Computers, and Telecommunications $123,317,447 $195,367,399 $442,468,806 Pumps, Valves and Plumbing Products $385,028,257 $187,951,451 $420,125,230 Non-Manufacturing $0 $105,101,210 $344,256,341 Medical $152,815,303 $99,224,330 $304,419,609 Forming and Fabricating (non-auto) $159,499,161 $430,390,901 $281,868,908 Oil, Gas Field, and Mining Machinery $386,445,600 $111,149,848 $270,933,249 Primary Metals $30,912,771 $260,976,691 $265,085,795 Aerospace $494,768,651 $560,756,731 $193,018,631 Industrial Motors, Hydraulic and Mechanical Components $352,842,564 $30,739,450 $169,153,413 Of-Road and Construction Machinery $233,069,320 $97,505,064 $141,381,922 Custom Processors $22,799,005 $23,561,254 $133,875,272 Military $74,887,490 $111,237,192 $78,157,106 HigHligHtS Metalcutting Job Shops • • • • Job shops will account for almost 35% of all spending in 2014 Job shops will increase spending 36% over 2013 levels Industrial mold shops are forecast to increase spending by 151% Increased spending will primarily come from plants with more than 50 employees. • Equipment Types that will see signifcant increases: – Turning Centers, Horizontal, >10-in Chuck – Turning Centers, Horizontal, <10-in Chuck – Machining Centers, Horizontal, >800-mm Pallet Machinery & Equipment Manufacturing • Spending will increase to $821.2 million, up almost 50% • Spending will still be below 2011 and 2012 levels • Most of the increase will come from metalworking machinery manufacturers, particularly metal forming machine manufacturers and cutting tool and machine tool accessory manufacturers • Signifcant increases in plants with 20-99 employees and more than 250 employees • Equipment types that will see signifcant increases: – Grinding – signifcant increases in creep feed, cylindrical/external, ID/OD, and other – Machining Centers, Horizontal, 400-800-mm Pallet – Machining Centers, Vertical, >20-in Y gardner reSearCH 2014 Capital Spending Survey & Forcast Electronics, Computers & Telecommunications • Spending is forecast to be $442.4 million, which is up more than 125% Electrical equipment manufacturing, particularly relay and industrial control, will dramatically increase spending • Spending will nearly double in semiconductor and other electronic components and navigational, measuring, electromedical, and control instruments (much of this is focused on measuring and controlling industrial processes) • Spending will be concentrated in plants with more than 100 employees • Equipment types that will see signifcant increases: – Lathes, Horizontal, <10-in Chuck – Turning Centers, Horizontal, <10-in Chuck – Turning Centers, Vertical – Screw Machines

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