Heavy Machinery Repair and Maintenance in Australia - Industry Market Research Report

Heavy Machinery Repair and Maintenance in Australia - Industry Market Research Report

Heavy Machinery Repair and Maintenance in Australia

The Heavy Machinery Repair and Maintenance industry provides services to a range of clients to ensure their machinery, plant and equipment operate efficiently. The industry has performed well over the past five years, with strong demand and revenue growth across key markets, and despite the negative effects of the COVID-19 pandemic on some parts of the economy. Industry revenue is anticipated to increase at an annualised 4.7% over the five years through 2021-22. This increase is attributable to higher overall demand from the mining sector, which has offset falling or flat demand from the construction, agriculture and manufacturing sectors.

Businesses in the industry repair, service and maintain a range of heavy machinery and equipment across many client markets. These items include pumps and compressors, agricultural machinery and equipment, mining and construction machinery, machine tools, engines (except automotive), lifting and material handling equipment, and other heavy machinery and equipment.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.