Heavy lifting: Surging demand from construction markets has underpinned industry growth

IBISWorld’s Heavy Machinery and Scaffolding Rental and Hiring in New Zealand market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.


Industry Analysis & Industry Trends

The Heavy Machinery and Scaffolding Rental and Hiring industry services customers across many sectors of the economy. However, the bulk of industry revenue is generated from hiring construction equipment to building contractors. The industry also rents material handling equipment, such as forklifts, to manufacturers, wholesalers and transport firms at various stages through the product supply chain. Customers from mining and agricultural markets represent another important source of demand, particularly for specialist extraction and harvesting equipment. This equipment is often needed to meet fluctuations in seasonal demand or ramp up output in response to rising commodity prices...

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What is the Heavy Machinery and Scaffolding Rental and Hiring in New Zealand industry?

The industry is in the mature stage of its economic life cycle, although it has grown at an accelerated pace over the past five years due to the surge in local construction activity, which included the post-earthquake reconstruction in the Canterbury region. Over the long term, the industry's performance is expected to roughly match that of the overall economy, as hire firms provide equipment to various markets across the entire economy, including construction, manufacturing, wholesaling, mining and transportation firms.

Industry value added (IVA), which measures the industry's contribution to the overall economy, is forecast to grow at an annualised 4.4% over the 10 years through 2022-23. Thi...

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New Zealand Special Report

Products & Brands

Major products in this industry
Cranes and access equipment
Earthmoving and other heavy construction equipment
Other hire assets
Non-hire goods and services

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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