Industry Analysis & Industry Trends
The Construction Machinery and Operator Hire industry generates the bulk of its revenue working on commercial building and apartment construction projects, many of which involve using cranes and hoists to erect multi-storey buildings or install heavy structural components (e.g. steel girders, precast concrete panels and beams, and concrete pours). The industry also derives substantial revenue from the supply of services on infrastructure projects and increasingly from the erection of telecommunication and power transmission, pipelines and wind turbines.
The industry is expected to generate revenue totalling $2.75 billion in 2012-13, climbing by 3.8% in the current year due to the resurgence of investment into the commercial building market... purchase to read more
Industry Report - Industry Analysis Chapter
The Construction Machinery and Operator Hire industry is operating in accordance with Australia's two-speed economy. Firms chasing contracts in the office and other commercial building markets have encountered adverse trading conditions since the late 2000s, while firms supplying cranes, platform lifts and other construction machinery to the infrastructure markets have enjoyed robust demand conditions.
The slump in demand from the commercial and industrial building markets has outweighed the work generated in other markets and resulted in industry revenue declining by an annualised 1.2% over the five years through 2012-13... purchase to read more