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A Report on Automatic Level Instrument Manufacturing in the US Industry

Soon after the housing market damage in the end of 2006, there was considerable decline in the Automatic Level Instrument Manufacturing industry’s revenue. This decline had a negative impact on the demand and reputation of the industry.

The industry’s revenue had decreased about 4.6% per year to $398.3 M in 2007. However, it is predicted to increase by 1.0% this year.

Over the last five years, Housing starts, a representative of the Industry experienced considerable declines. In 2007, construction was initiated for 1.4 M new houses, but after two years only 559,500 houses were involved. Housing starts anticipates development in 2012. Owing to inadequate operating conditions, surveying revenue has been reduced at an average annual rate of 1.0% in 2007. Following this decline, the industry experienced considerable reduction in the demand for automatic level instruments.

Reduced level of market share concentration has been experienced by the Automatic Level Instrument Manufacturing industry. This year, about 17.6% of total revenue has been expected to be occupied by four chief companies in the industry. Consumer and industrial goods producers seem to be the well-developed companies in the industry. With the 2008 acquisition of CST/Berger, the largest player, Robert Bosch GmbH, extensively increased its respective market share. In addition, the Stanley Black & Decker’s integration with The Stanley Works and Black & Decker in 2010 promoted the opening of a major company in the Automatic Level Instrument Manufacturing industry. Over the past five years, these two companies constantly remain in the industry, thereby promoting an increased level of market share concentration for the industry.

Source: http://www.ibisworld.com/

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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