Industry Analysis & Industry Trends
The Infrastructure Maintenance Services industry aims to prolong the useful life of major infrastructure assets. As most infrastructure is built with the intention of lasting a long time, the industry has low volatility and very stable growth. The number of infrastructure projects in Australia continues to increase in line with the development of the Australian economy and society. When a piece of infrastructure is abandoned or demolished, it is replaced with superior technology. Hence, the level of maintenance required is sustained in some way.
Over the past five years, industry firms have been able to take advantage of infrastructure construction occurring in the mining and energy sectors... purchase to read more
Industry Report - Industry Investment Chapter
The industry exhibits a moderate level of capital intensity. For every dollar spent on wages, $0.23 is spent on capital.
The level of capital intensity varies across the industry due to its broad and fragmented nature. Firms require a knowledge-intensive labour component during the planning stage, followed by a skill-intensive component for the implementation stage. However, this often depends on the nature of the specific sector that the infrastructure maintenance firm is operating in. More knowledge-intensive jobs require specialised engineers. The maintenance of roads and rail typically requires more skill-intensive labour compared with the monitoring water quality levels in the utilities sector.
Industry firms use specialised, and often expensive, equipment... purchase to read more