Industry Analysis & Industry Trends
The Construction Machinery and Operator Hire industry generates the bulk of its revenue from work on high-rise commercial building and apartment projects. These projects require cranes, pile-driving and pumping equipment to erect multistorey buildings or install heavy structural components. Over the five years through 2015-16, industry revenue is projected to increase by an annualised 3.7% to reach $3.1 billion. This performance has been supported by unprecedented demand from the mining and infrastructure markets, the swing towards the construction of high-rise apartments instead of traditional housing, and the solid recovery in commercial building construction.
Despite this solid performance, industry revenue is expected to fall by 3.0%... 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 19.5% of industry revenue in 2015-16.
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 (95.6% of enterprises), with over half the businesses having no paid employees (54.0%). Less than 5.0% of businesses employ more than 20 people, with a handful of businesses employing more than 200 people... purchase to read more