Structural Steel Erection Services in Australia - Market Research Report

Structural Steel Erection Services industry trends (2014-2019)

poll Average industry growth 2014–2019: -2.8%

Structural steel is an integral part of many construction projects, with steel framing used to support walls and roofs on buildings, while steel reinforcement is used for in producing tilt walls or to strengthen concrete foundations. Steel erection services are generally undertaken by contractors in the Structural Steel Erection Services industry, although they compete for projects with skilled tradespeople working for the prime construction firms. The industry consists of numerous small-scale contracting firms that operate in narrow regional or niche service markets. Widely divergent trends in the key building and infrastructure markets have influenced the industry's performance over the past five years . The scaling back of work on resource develo...
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Structural Steel Erection Services industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The prospects for the Structural Steel Erection Services industry are forecast to strengthen slightly over the next five years, although many industry operators are likely to encounter weaker demand for erection services on high-rise apartments and office towers. Over the five years through XXX-XX, industry revenue is forecast to increase at an annualised X.X%, to total $X.X billion. Most of the impetus for industry expansion is forecast to come from the recovery in demand from the heavy infrastructure markets, including increased capital expenditure on mine development and an expected spike in construction of transport infrastructure and wind farms. Despite the projected decline in demand for industry services on residential building projects, deman...
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Structural Steel Erection Services industry statistics

  • attach_money Market Size: $5bn
  • business Number of Businesses: 4,249
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 15,762

Biggest companies in the Structural Steel Erection Services industry

The Structural Steel Erection Services in Australia industry has no companies with major market shares. Get the full report to find out why.

What is Structural Steel Erection Services industry?

Industry Definition

Industry companies primarily erect metal silos, storage tanks or structural steel components for buildings or other structures such as bridges, overhead cranes and electricity transmission towers. This can also include the on-site fabrication of these materials.

Industry Products and Services

  • Welding work and fabrication
  • Assembly work
  • Maintenance and repair
  • All Others

Industry Activities

  • Welding work on construction projects
  • Reinforcing steel erection services
  • Joining structural steel components, such as trusses
  • Erection and maintenance of storage tanks (including silos) and cooling towers
  • Erection and maintenance of metal and structural steel on buildings

Market research report - table of contents

Industry Definition

Industry companies primarily erect metal silos, storage tanks or structural steel components for buildings or other structures such as bridges, overhead cranes and electricity transmission towers. This can also include the on-site fabrication of these materials.

Main Activities

  • Welding work on construction projects
  • Reinforcing steel erection services
  • Joining structural steel components, such as trusses
  • Erection and maintenance of storage tanks (including silos) and cooling towers
  • Erection and maintenance of metal and structural steel on buildings

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Non-residential building construction is an important driver of demand for structural steel erection services. This particularly includes work on commerci...
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Demand from non-residential building construction
Demand from heavy industry and other non-building construction
Demand from multi-unit apartment and townhouse construction
Private non-residential construction capital expenditure

Current Performance

Slump in infrastructure
Apartment construction growth
 Chart: Revenue Growth

Industry Outlook

Building markets weaken
Profit and job growth
 Table: Structural Steel Erection Services in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Structural Steel Erection Services in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Mining
Electricity, Gas, Water and Waste Services
Multi-Unit Apartment and Townhouse Construction in Australia
Heavy Industry and Other Non-Building Construction in Australia
Commercial and Industrial Building Construction in Australia


Key Selling Industries

Structural Steel Fabricating in Australia
Structural Metal Product Manufacturing in Australia
Metal and Mineral Wholesaling in Australia
Machinery and Scaffolding Rental in Australia



Products & Services

The Structural Steel Erection Services industry provides a range of services, which can be divided into three main areas: on-site welding work and fabrica...
Engineering construction contractors, developers and owners
Residential building contractors and developers
Mining firms



Demand Determinants

The principal determinant of demand for structural steel erection services is the level of investment into the non-residential building and engineering in...
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Major Markets

Engineering construction contractors, developers and owners
Residential building contractors and developers
Mining firms




 Chart: Major Market Segmentation for the Structural Steel Erection Services in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The industry has a low concentration of ownership, with the two largest players contributing less than 10% of total industry revenue. The industry is char...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Structural Steel Erection Services in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Structural Steel Erection Services in Australia - Market Research Report Industry

Industry Globalization

The Structural Steel Erection Services in Australia industry has no major companies. Get the full report to find out why.

Capital Intensity

The industry has a low degree of capital intensity as the principal value added is derived from the application of skilled labour. However, the industry d...
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 Chart: Level of Capital Intensity for the Structural Steel Erection Services in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Structural Steel Erection Services in Australia Industry

Industry Revenue (2003-2026)
Industry Gross Product (2003-2026)
Establishments (2003-2026)
Businesses (2003-2026)
Employment (2003-2026)
Exports (2003-2026)
Imports (2003-2026)
Wages (2003-2026)
Domestic Demand (2003-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

MIG

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STEEL FABRICATOR

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Structural Steel Erection Services industry?

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This report on Structural Steel Erection Services in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Structural Steel Erection Services in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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