Industry Analysis & Industry Trends
The Construction Machinery and Operator Hire industry generates the bulk of its revenue from work in commercial building and apartment construction. These projects require cranes, pile-driving and pumping equipment to erect multi-storey buildings or install heavy structural components (e.g. steel girders, precast concrete panels and beams and concrete pours). However, since the late 2000s, the industry's largest players have generally focused on servicing the mining and infrastructure markets, including the erection of transmission equipment, pipelines and wind turbines.
The industry is projected to generate revenue totalling $2.9 billion in 2014-15, representing a decline by 1.7%... purchase to read more
Industry Report - Industry Analysis Chapter
Since the late 2000s, the Construction Machinery and Operator Hire industry's performance has been in accordance with Australia's two-speed economy. Most firms chasing work in the office and other commercial building markets have encountered adverse trading conditions stemming from the subdued investment into property development in the aftermath of the global financial crisis. By contrast, the firms supplying cranes, platform lifts and other construction machinery to the infrastructure markets have benefited from robust investment into mining-related developments and a broad range of infrastructure projects... purchase to read more