The machinery and equipment industry in the Philippines has emerged as a critical driver of the country's economic development. This article provides an in-depth analysis of the industry's growth and key trends, while highlighting the challenges and future outlook.
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OCEANWIDE MARITIME SERVICES CORPORATION
18
+63 32 254 9180 info@oceanwidemaritime.ph
OCEANWIDE MARITIME SERVICES CORPORATION is a duly established maritime services institution under the laws of the Republic of the Philippines and registered with the Securities and Exchange Commission (SEC). OMSC is League of Experts, Auditors and Developers for Environmental Protection, Risk Management and Safety (LEADERS), duly organized to ensure promotion and implementation of maritime safety, security and environmental protection in the country by conducting effective and efficient training, survey, audits, inspection and certification, using high-tech systems and tools to warrant compliance with applicable maritime regulatory regimes. OMSC commits at designing and proper conduct of up to date outcomes-based training programs that meet not only the minimum standards set by the Standard of Training, Certification and Watchkeeping for Seafarers (STCW Convention) but most especially the standards set by the world maritime industry and its stakeholders. OMSC aims to provide products…
MAY EXPORTS PHILIPPINES
11
+63 917 140 1000 rajmal@mayexports.com.ph
MAY Exports Philippines is located in Calamba, Philippines,one of the main industrial and business center in Philippines.We are sister concern of Lulu Group International based in Middle East, the leading Hypermarket chain in the region.We are exporters of Philippines origin products including Dry Foods, Bananas, Seafood, Fruits & Vegetables, Dry Fish, Textiles, Corn, Furnitures, Electronics, Households, Furniture and other value added Food & Non Food products and other General Merchandises.Our clientele expands to United Arab Emirates, Saudi Arabia, Egypt, Kuwait, Qatar, Bahrain,Oman, Far East, U.S.A, U.K, Vietnam, Spain,South Africa,Germany and India. MAY Exports Philippines is a fully export-oriented company with a focus on the Middle East Markets, having a full consolidation service with a state of the art facility at Calamba Premier International Park for re-labeling, repackaging and consolidation. The state of the art facility has storage units and advanced machinery to proces…
HANDYWARE PHILIPPINES INC.
81
+63 2 8426 2888 administration@handyware.net.ph
For over 50 years, Handyware Philippines, values hardwork and integrity in order to be the best provider of quality and innovative products. It is our unwavering hope to be your preferred choice in a business partner by providing quality products and exemptional service that exceed your expectations.
CROWN PROPERTY APPRAISAL CORPORATION
30
+63 2 8893 2849 cpacmarketing@crownappraisal.ph
In association with VPC Asia Pacific, and Cluttons
HMR PHILIPPINES, INC.
409
+63 917 830 7525 info@hmr.ph
COMPANY OVERVIEW HMR Philippines, Inc., has been trading in surplus since 1992. HMR operates under the following retail trade names; HMR Retail Haus, Inc., HMR Express, and SOS. Widely known as “The Trading Haus”, HMR is now the countrys leading retail, trader, and auctioneer with 26 retail establishments and three auction centers. Our ever-expanding brand continues to grow and cater to the Filipino market. Bringing branded, quality items at affordable prices to our household, commercial and industrial consumers. Product Line HMR Philippines is linked to a strong international supply network of the HMR Group of Companies and is known to be the place to buy anything and everything. Among our products are construction/farming equipment, home and office furniture, audio/video equipment, telecommunications equipment, medical and industrial equipment, hardware tools, toys and novelty items; the list goes on. New types of products are added on a regular basis, as we search for bargains bo…
BENCHMARK DIESEL SERVICES PTY LTD
6
+63 88 931 2003 admin@benchmarkdiesel.com.au
Benchmark Diesel Services commenced business in July 2016 after Bretts desire to run his own business, with the aspiration to create an honest, reliable service to customers. Brett is a qualified Heavy Diesel Mechanic, with over 20 years experience working on Heavy Machinery in the Mining and Construction industry, specializing on CAT, Komatsu, Hitachi and OEM equipment. Although Benchmark Diesel Services is only a relatively new company, we have the experience, team & determination to make any project/job a success. Since the commencement of the business Benchmark, Diesel Services has provided mechanical services/maintenance in the Northern Territory and surrounding areas on remote mining and construction sites. We have since grown to encompass South East Asia as well with contracts in Malaysia. We now own and run two workshops in the Northern Territory, one in Pinelands (Darwin) 15 McKinnon Rd and the other in Nugkurr (Arnhem Land). From these locations, we provide Fleet servicing …
RUA SEGURIDAD
23
+63 2 8260 2794 contact@ruacorp.com
OUR PHILOSOPHY Rua Seguridad is a 100-percent owned Filipino company that designs and manufactures 100-percent world class road marking products. In 15 years of operation, we have moved from strength to strength, driven by passionate and principled new-generation thinkers and doers in the highway construction industry. Our philosophy is to deliver products and services at levels that consistently meet and exceed national and global standards in road construction and engineering standards. We believe in helping our partners create their own paths to success by faithfully committing to these standards – project by project, year on year. OUR HISTORY We first incorporated Rua Seguridad in 2006 as an importer-retailer and supplier of thermoplastic road marking paints, soon establishing our reputation as one of the countrys major suppliers. In 2010, Rua Seguridad shifted into construction services, and we became a service provider of thermoplastic paint road marking applications service…
ROTADYN SOLUTIONS INC.
10
+63 917 965 5143 info@rotadynsolutions.com
We are a Philippine company committed to serve your CBM and machinery diagnostics and corrective maintenance needs. From vibration condition monitoring and analysis, dynamic balancing, training, machinery diagnostics of rotating machinery, dynamic balancing and shaft alignment to industrial machinery repair.
CHAILEASE BERJAYA FINANCE CORPORATION
53
+63 2 8723 6388 howardchien@chailease.com.ph
Chailease Berjaya Finance Corporation is a joint venture company established by Chailease group and Berjaya group. China Leasing Company was established in 1977 and merged with CITC Company in 1995; later, change its name into Chailease Finance CO., Ltd. (CFC). CFC began Proceeding CQI (Continuous Quality Improvement) project in 1999 for better competitiveness and SOP (Standard Operating Procedure) enhancement. Thailand, through a joint venture with the Bangkok Bank, to offer leasing and installment sales for the Taiwan Business community in Thailand, to obtain manufacturing machinery and equipment. In 1992, BGPL acquired Asia Sermkij Leasing Public Company (ASK) which specializes in installment sales for automobiles and personal loans. In 2004, the shareholding structure of ASK was recognized and ASK became the parent company of BGPL. ASK went public in Thailand on August 25, 2005, and currently has 13 branches and 9 outlets. In 2012, Chairman Mr. Chen was awarded K.T. Lee Administ…
ASTOCA (ASIA) RHQ
16
+63 2 8857 2129 info@astoca.com
ASTOCA, “Assets to Cash”, is Asias premier industrial asset disposal and valuation advisory company, offering a variety of traditional and innovative services to maximise the value of surplus assets for companies in all industry sectors. Services Offered - Online auction and traditional live auctions - Negotiated sales of equipment, complete lines or manufacturing plants - Professional industrial machinery valuation services - Relocation of complete manufacturing plants - Disposal project management and negotiated sales - lndustrial auctions and asset sales At ASTOCA we are aware of your needs, we recognise industry and market trends and we understand the assets. This understanding allows us to provide personalized, free advice for the best method of disposal for surplus assets. ln addition to standard commission based sales, ASTOCA can provide innovative solutions to maximise cash flow through an Outright Purchase option or mitigate risk through a Guaranteed Returns option. Our onlin…
HARBEST AGRIBUSINESS CORPORATION
43
+63 917 850 7888 panabo@harbest.com.ph
Our Vision: A dignified life for the Filipino Farmer, free from fear, hunger, and social injustice. Our Mission: To find adaptable, practical, and high-quality solutions for the enhancement of agricultural productivity in the Philippines. About Harbest: Harbest Agribusiness Corporation was established in 1997, then as a distributor of high quality hybrid seeds. From there, the various difficulties and challenges faced by the Filipino farmer were revealed to us, pushing our development of various products as solutions for each one. Today, our catalogue of solutions include: quality seeds for better productivity, agri-plastics for soil and seedling health, sustainable crop nutrition and protection inputs, climate-resilient greenhouse and irrigation systems, labor efficient machines like tractors and drones, and many more. With 8 offices and over 100 dealers and partners throughout the Philippines, we bring these solutions to the Filipino farmer nationwide.
SYNERGY SALES INTERNATIONAL CORPORATION
70
+63 917 657 3502 dagupansales@synergysales.com.ph
We started in 1999 importing and distributing packaging materials and machinery. Our commitment from the start: to provide total quality products and excellent service. For almost 20 years, as markets and technology have changed, weve responded by finding better and more efficient ways of working, to provide you with reliable and remarkable service. When you partner with us, you partner with our whole company, as our entire workforce devotes every resource to exceed your expectations. By synchronizing our energies, we can create something more than the sum of our parts. Together we can multiply your value. MISSION To deliver first-rate and cost effective products, and to establish long-term business partnerships with our customers. VISION To be most admired companies in the packaging industry; reliable, innovative, unsurpassed in product value and customer service.
Yulon Finance Philippines Corporation a new subsidiary 100% invested by Yulon Finance Corporation. The core businesses of the Company are new car, used car financing and to develop financing facilities for machinery, equipment and commercial vehicles.
CHAILEASE BERJAYA FINANCE CORPORATION
72
+63 2 8723 6388 howardchien@chailease.com.ph
Chailease Berjaya Finance Corporation is a joint venture company established by Chailease group and Berjaya group. China Leasing Company was established in 1977 and merged with CITC Company in 1995; later, change its name into Chailease Finance CO., Ltd. (CFC). CFC began Proceeding CQI (Continuous Quality Improvement) project in 1999 for better competitiveness and SOP (Standard Operating Procedure) enhancement. Thailand, through a joint venture with the Bangkok Bank, to offer leasing and installment sales for the Taiwan Business community in Thailand, to obtain manufacturing machinery and equipment. In 1992, BGPL acquired Asia Sermkij Leasing Public Company (ASK) which specializes in installment sales for automobiles and personal loans. In 2004, the shareholding structure of ASK was recognized and ASK became the parent company of BGPL. ASK went public in Thailand on August 25, 2005, and currently has 13 branches and 9 outlets. In 2012, Chairman Mr. Chen was awarded K.T. Lee Administ…
CRIMSON GROUP, INC.
313
+63 2 8555 5031 (blank)
Crimson Group, Inc. is a Philippine-based interior fit-out company specializing in large-scale, five-star hotels, resorts, and casinos. We also specialize in manufacturing, supplying, and installing high-end custom joinery, architectural millwork, furniture, and caseworks. We have consistently sought to maintain teams from different construction disciplines, who collaborate with each other to successfully execute our projects. At the height of constructing 2 casinos and 3 hotels, we deployed 7 expats with global experience and technical knowledge, 100+ professionals, 300+ highly skilled craftsmen, and 3,800+ direct workers. Our 4,000 square meter manufacturing plant in Sta. Rosa, Laguna currently has over 100 brand new units of woodworking machinery and equipment. For urgent rectifications, our plant also has plaster moulding fabrication, stainless steel, and marble workshops. In addition to our teams and manufacturing plant, we have established a global network of suppliers and par…
TOPSPOT HEAVY EQUIPMENT INC.
26
+63 2 3454 6030 inquiry@topspot.com.ph
We are an ISO-certified Volvo and SDLG heavy equipment distributor that is committed to provide top quality machineries alongside the best after-sales support for our customers to maximize their investments and fulfill their industry operations.
NEW IVEX MACHINERY CORPORATION
20
+63 2 8463 0575 sales@newivex.com
New Ivex Machinery was established January 1996, with the mission of providing quality Plastic Packaging Machines which includes all Auxiliary Equipment. New Ivex specializes in Packaging Solutions and Turnkey Projects. Backed up with a cumulative 50 years of industry knowledge, New Ivex is well equipped to provide you with Technical Advice as well as Technical Support for your Mold and Machine inquiries. New Ivex has a modern Mold Service Shop which maintains and services Molds acquired from New Ivex.
AMSTEEL STRUCTURES, INC
112
+63 2 8451 0169 (blank)
AMSTEEL STRUCTURES, INC. is a family owned steel fabrication company located at 88-98 Velasquez St. Bangiad, Brgy San Juan, Taytay, Rizal, Philippines. It specializes in structural steel works from conceptualization, structural design, detailing, fabricating, and painting to installation. The roots of AMSTEEL STRUCTURES, INC. date back to 1977 where a partnership between the sons of the founder, Mr. Kaw Bun Kai, was formed and named Amigo Steel Fabricators Company. The company offered built to specs structural steel products. As a succession plan, the partners saw the need to include its next generation in the company. Hence in 1990, a corporation, Amigo Steel Industries Inc., was formed. With years of experience in the Philippine business arena, the company, under its new name, offered fabrica- tion and erection of a wider range of structural steel products such as bridges, trusses, rigid frames, built up I beams, hollow sections, girders, columns, elevated water tanks, steel form w…
R DAN AND CO INC
47
+63 917 426 0894 service@robertdan.com.ph
For the past 68 years, R DAN AND CO INC has been a pioneer in the industry, demonstrating an unwavering commitment to adapting to changing market requirements. Founded by Robert Dan in 1954, the company has provided superior consulting and engineering services to the emerging paper industry in the Philippines, thanks in part to Robert Dans educational background in paper making. The second generation of leadership, led by current Chairman Raymond Dan, steered the company in 1989 towards manufacturing conveyors and paper machinery, and formed a partnership with Voith of Germany to export products to countries such as Thailand, Indonesia, Taiwan, and Malaysia. In 2000, the partnership ended and the company quickly shifted its focus back to its core business. Nevertheless, notable projects have been completed, such as Changi Airport in Singapore, DHL distribution hubs, NAIA Terminal 3, and all the regional airports in the Philippines. These days, R DAN AND CO INC is a systems integrator f…
ASIAPRIME PHILIPPINES CORPORATION
19
+63 2 8788 2131 sales@asiaprimephilscorp.com.ph
Why Choose Asiaprime Phillippines Corporation? Asiaprime Philippines Corporation (APPC) is a leader in manufacturing and packaging services, with over fifteen years of experience providing our customers with both toll and contract manufacturing and packaging services. As a toll manufacturer, APPC can provide customers with a facility, manufacturing, and packaging equipment to process their raw materials or semi-finished products. Because of this, our customer only has a variable cost of manufacturing without the financial investment in equipment, facilities, and employees. Subsequently, the customer is able to develop the exact product they envision and able to get the perfect packaging for their product without the time and capital investment of building a manufacturing operation. This significantly decreases the time required to get the product to market, as lead times for ordering and installing new machinery are eliminated. We are Asiaprime Philippines Corporation Expert in …
Top Machinery Companies in Philippines
Key Statistics from 2022
In 2022, the machinery and equipment industry contributed significantly to the Philippines' GDP, accounting for approximately 6% of the total. The industry experienced an impressive growth rate of 8%, outperforming the overall GDP growth rate of 5.5%.
The industry employed over 500,000 people in 2022, representing a 4% increase compared to the previous year. This growth can be attributed to the expansion of local manufacturing companies and the entry of foreign investors into the market.
Factors Contributing to Growth and Success
Government Initiatives
The government's focus on infrastructure development, along with its "Build, Build, Build" program, has spurred demand for heavy machinery and equipment. Additionally, incentives provided by the government, such as tax holidays and duty-free importation, have attracted foreign investments and boosted the industry's growth.
Expansion of Local Manufacturing Companies
The machinery and equipment industry has also benefited from the expansion of local manufacturing companies. With an increase in production capacity, local manufacturers are now better equipped to meet the growing demand for machinery and equipment.
Strong Export Market
The Philippines has become a key exporter of machinery and equipment in the Southeast Asian region, with strong demand from countries such as China, Japan, and South Korea. This has contributed significantly to the industry's growth and success.
Industry Growth and Comparison to Previous Years
The machinery and equipment industry has experienced consistent growth over the past few years. In 2022, the industry recorded an 8% growth rate, up from 6% in 2021 and 4% in 2020. This steady growth can be attributed to the increasing demand for machinery and equipment across various sectors, as well as government initiatives aimed at boosting the industry.
Key Trends and Technological Disruptions
Automation and Robotics
The adoption of automation and robotics in the machinery and equipment industry is transforming the way manufacturing processes are carried out. This has led to increased efficiency, reduced labor costs, and enhanced product quality.
Industrial Internet of Things (IIoT)
The integration of the Industrial Internet of Things (IIoT) in the machinery and equipment industry has enabled real-time monitoring and control of equipment, resulting in improved operational efficiency and reduced downtime.
Additive Manufacturing
Additive manufacturing, or 3D printing, is another emerging trend in the industry. This technology allows for the production of complex machinery components with greater precision and reduced material wastage.
Challenges
Skilled Workforce Shortage
The machinery and equipment industry faces a shortage of skilled workers, particularly in areas such as automation, robotics, and additive manufacturing. Addressing this skills gap will be crucial for the industry's continued growth and success.
Environmental Sustainability
As the industry expands, ensuring environmental sustainability will become increasingly important. Companies will need to adopt eco-friendly practices and invest in energy-efficient machinery to reduce their environmental impact.
Competition
The industry faces intense competition from regional players, particularly those in China and India. To remain competitive, Philippine companies must continue to innovate and invest in advanced technologies.
Future Outlook
The machinery and equipment industry in the Philippines is poised for continued growth, driven by government initiatives, strong export demand, and the adoption of emerging technologies. By addressing key challenges such as workforce shortages and environmental sustainability, and embracing new trends such as automation and additive manufacturing, the industry can continue to play a crucial role in the country's economic development. Companies that leverage these opportunities and adapt to the changing landscape will be better positioned to succeed in the long term.
Conclusion
In summary, the machinery and equipment industry in the Philippines has experienced significant growth in recent years, driven by favorable economic conditions, government support, and increasing demand for advanced technologies. While challenges remain, the industry's future outlook is optimistic, with significant opportunities for continued growth and development. By addressing key challenges and embracing new trends, the machinery and equipment sector can continue to play a pivotal role in driving the nation's economic growth and supporting various sectors, contributing to the Philippines' broader economic development.
As the world increasingly embraces digitalization, the machinery and equipment industry in the Philippines is no exception. The adoption of advanced technologies such as Internet of Things (IoT), artificial intelligence, robotics, and big data analytics is transforming the sector. These technologies not only enable increased efficiency, productivity, and cost savings but also help improve worker safety and reduce the environmental footprint of the industry.
Moreover, digital transformation has allowed machinery and equipment manufacturers to better respond to changing customer demands by offering greater customization, faster production times, and improved after-sales support. As the industry continues to embrace these trends, companies that can adapt and innovate are likely to maintain a competitive edge.