In service: Import competition will limit growth, but rising demand will aid a modest recovery

The Copier and Optical Machinery Manufacturing industry is composed of various product segments, including copiers and office machinery, commercial cooking equipment, vacuum cleaners and vending machines. While this diverse industry has experienced slow growth over the five years to 2017, revenue performance has varied by product segment. For example, as companies converted to paperless work environments, a decade-long trend in competition from digital substitutes devastated demand for photocopying, letter-folding and traditional photographic equipment. Conversely, revenue from other industry products, such as commercial cooking ovens, laundry equipment and small appliances, is highly cyclical...read more.

Industry Statistics & Market Size
Revenue
$28bn
Annual Growth 12-17
0.4%
Forecast Growth 17-22
Profit
Employment
74,337
Businesses
1,982
Market Share of Companies
There are no companies with a dominant market share in this industry
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Industry Threats & Opportunities

  • Stable economic growth and a projected increase in corporate profit and spending will buoy demand
  • Steady competition from inexpensive imports has cut away at industry sales
  • An improving economy will boost demand for service industries that use this industry’s products
  • Industry Report - Industry Locations Chapter

    Manufacturing activity for the product segments included in the Copier and Optical Machinery Manufacturing industry are concentrated in the West and Great Lakes regions, which generally comprise a majority of US manufacturing activity.WestIn 2017, the West is expected to account for an estimated 26.5% of industry establishments. California has the region's highest establishment concentration and is a major producer of many of this industry's product segments, excluding commercial laundry and office machinery. California accounts for an estimated 23.5% o...purchase to read more.

    Additional Insights for the Copier & Optical Machinery Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Copier & Optical Machinery Manufacturing Industry are

  • Access to the latest available and most efficient technology and techniques
  • Undertaking technical research and development
  • Establishment of brand names
  • IBISWorld analysts also discuss how external factors such as Aggregate private investment and Trade-weighted index in the Copier & Optical Machinery Manufacturing industry impact industry performance..

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    What is the Copier & Optical Machinery Manufacturing Industry?

    This industry mainly manufactures commercial cooking equipment, floor-cleaning machines (excluding residential vacuums), electronic teaching machines and automotive maintenance equipment (excluding hand tools). Operators also manufacture parts for service-industry equipment; optical instruments and lenses; copiers and office machinery (excluding printers); photographic equipment (excluding digital); automatic vending machines; and commercial laundry and dry-cleaning equipment.

    Industry Products
  • Other commercial machinery
  • Optical instruments and lenses
  • Photographic and photocopying
  • Office machinery
  • Automatic vending machines
  • Commercial laundry and dry-cleaning
  • Commercial cooking
  • Industry Activities
  • Manufacturing other commercial and service-industry equipment, including commercial-type cooking equipment
  • Manufacturing industrial floor cleaners and electronic teaching machines
  • Manufacturing automotive maintenance equipment (excluding hand tools)
  • Manufacturing optical instruments and lenses, including sighting, tracking and fire-control equipment
  • Manufacturing office machinery and related parts and attachments
  • Manufacturing photographic and photocopying machinery, including projectors and cameras
  • Manufacturing automatic vending machines
  • Manufacturing commercial laundry and dry-cleaning machinery
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Aggregate private investment
  • Trade-weighted index
  • Demand from wholesale trade
  • Corporate profit
  • World price of steel

  • Current Performance
  • External drivers
  • International trade
  • Profit declines
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand for industry products picks up
  • Demand to vary by segment
  • Trade trends and consolidation
  • Table: Copier & Optical Machinery Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Copier & Optical Machinery Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Camera & Film Wholesaling
  • Copier & Office Equipment Wholesaling
  • Vending Machine Operators
  • Professional, Scientific and Technical Services
  • Management of Companies and Enterprises
  • Janitorial Services
  • Healthcare and Social Assistance
  • Accommodation and Food Services
  • Auto Mechanics
  • Laundromats

  • Key Selling Industries
  • Industrial Machinery & Equipment Wholesaling
  • Manufacturing
  • Wholesale Trade Agents and Brokers

  • Products & Services
  • Other commercial machinery
  • Optical instruments and lenses
  • Commercial cooking
  • Photographic and photocopying
  • Automatic vending machines
  • Office machinery
  • Commercial laundry and dry-cleaning
  • Chart: Copier & Optical Machinery Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Private business investment
  • International trade
  • Seasonality

  • Major Markets
  • Wholesalers
  • Direct sales to restaurants, foodservice and retail establishments
  • Exports
  • Direct sales to education, healthcare and institutional markets
  • Direct sales to hospitality establishments and other businesses
  • Chart: Major Market Segmentation for the Copier & Optical Machinery Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Copier & Optical Machinery Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Copier & Optical Machinery Manufacturing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Copier & Optical 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 Copier & Optical Machinery Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Aggregate Private Investment (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Mergers And Acquisitions
  • The buying, selling and combining of companies.
  • Offshoring
  • The relocation of company resources, typically manufacturing operations, to locations that feature lower operating costs, usually due to reduced regulations, lower wages and supply chain efficiencies.
  • Research And Development
  • Creative work undertaken by a company to increase the stock of knowledge, which can then be applied to developing a new product or improving an existing one.
  • Why buy this report?

    The Copier & Optical Machinery Manufacturing industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    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 Copier & Optical Machinery Manufacturing:
    • 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 of 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 Copier & Optical Machinery Manufacturing 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 Copier & Optical Machinery Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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