Industry Analysis & Industry Trends
The Construction Machinery and Operator Hire industry generates the bulk of its revenue from work on commercial building and apartment construction projects. These projects involve using 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, the industry's largest players typically focus on servicing the mining and infrastructure markets, including the erection of telecommunication and power transmission equipment, pipelines and wind turbines.
In 2013-14, the industry is expected to generate revenue totalling $2.7 billion and grow 3.3% due to a surge in demand for cranes for use in high-rise apartment developments and office complexes... purchase to read more
Industry Report - Industry Investment Chapter
The industry has a moderate level of capital intensity due to the heavy investment into large-scale construction equipment such as mobile cranes (e.g. truck mounted), fixed cranes (e.g. tower cranes), pneumatic concrete conveyors, pumps and construction site hoists. While capital equipment requirements are integral, the industry's value added is derived from the supply of skilled labour services with the hire of specialist construction equipment. Therefore, labour remains a vital input to the industry.
Total industry labour costs currently account for approximately 45.0% of revenue... purchase to read more