Industry Analysis & Industry Trends
The Factory and Industrial Building Construction industry is responsible for the construction of a wide variety of buildings, ranging in construction complexity from simple tilt-wall warehouse space to sophisticated purpose-built laboratories that deliver high-security and humidity-controlled environments. The industry is the smallest of the non-residential building industries, with revenue projected at $6.5 billion in 2014-15. This represents an increase of 3.4% on the previous year due to the return of investment to the industrial property market as a result of the relatively high yields and signs of stronger general economic growth.
The industry is projected to record strong revenue growth of an annualised 4.6% over the five years through 2014-15... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a low concentration of ownership. The four largest contractors are estimated to contribute less than 10% of annual industry revenue and include several of Australia's largest construction contractors (Leighton Holdings, Hansen Yuncken, Watpac Limited and Laing O'Rourke).
Few construction firms have the technical capacity to construct complex industrial buildings such as ammonia plants, pulp and paper mills, food preparation plants or environmentally controlled laboratories, but these projects represent a small share of the overall industrial building market. The larger construction firms are best placed to capture the more sophisticated building projects... purchase to read more