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 Key Buyers Chapter
The industry has a low level of market share concentration. The industry comprises many small-scale businesses operating within narrow geographic markets. The four largest players are estimated to account for 22.5% of industry revenue in 2013-14.
The industry has a fragmented structure, containing many sole proprietors, which include working proprietors and partners. The majority of firms are small businesses with a workforce of fewer than 20 people, the bulk of which are non-employer establishments. Only 5.4% of industry businesses employ more than 20 people, with a handful of businesses employing more than 200 people. Half of industry operators generate annual revenue of below $200,000, while about 9.3% of businesses generate more than $2.0 million per annum... purchase to read more