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 Products Chapter
The industry's principal activity is the supply of construction equipment with operators. This typically involves the hire of cranes, elevated platforms, pumping equipment and hoists, but excludes the hire of earthmoving machinery with operators (which is included in the Site Preparation Services industry). Projects normally involve lifting components into position on a construction site, delivering construction materials, or lifting for industrial applications (e.g. cleaning and relocating).
Hiring a crane can be a relatively complex procedure. The lift preparation is integral to the project as it assures the safety of the operation, the suitability of the equipment and the transportation, assembly and dismantling issues... purchase to read more