Industry Analysis & Industry Trends
The Infrastructure Maintenance Services industry aims to prolong the life of infrastructure assets. As most infrastructure is built to be long lasting, the industry has low volatility and tends to grow steadily. Industry growth is derived from the number of infrastructure projects in Australia, which are generally constructed in line with the country’s economic development.
Over the past five years, industry firms have taken advantage of the unprecedented investment into infrastructure construction, particularly in the mining and energy sectors. The Mining division has been building new infrastructure in response to high demand for resources from developing countries, while the energy sector has invested in renewable energy infrastructure partly funded by government incentives... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is in the growth phase of its life cycle, largely supported by the constant additions to the nation's capital stock. There is a requirement to ensure the appropriate management of the capital stock to maximise the effective life of the assets.
Industry value added is projected to increase by an annualised 5.0% over the 10 years through 2020-21, greatly exceeding the projected growth in Australia's GDP (2.8% annualised). This means that the industry's contribution to GDP is expected to increase significantly. Establishments and employment numbers are also expected to grow in response to the increasing demand for maintenance services... purchase to read more