Industries in Growth Stage of Life Cycle in Australia in 2026

1. Electric Vehicle Wholesaling in Australia

2026 Units *: 35.6

The Electric Vehicle Wholesaling industry has grown rapidly over the past five years. Increased charging infrastructure availability has supported demand, as has an increased range of electric vehicle (EV) models. Rising concern about environmental issues has also assisted the industry, as consumers have sought to lower their environmental footprint. A mostly positive consumer index, which indicates households are optimistic about their financial position and more likely to make expensive purchases, has further supported this trend. Despite these factors, EVs are still unaffordable for many consumers due to their high price point, limiting their consumer market. Additionally, minimal federal and state... Learn More

2. Inbound Tour Operators in Australia

2026 Units *: 34.5

A weak economy and the high Australian dollar have placed significant downward pressure on the industry over the past five years. Ongoing concerns regarding the world economy and a strong local currency have constrained tourism from key markets, while financial concerns have led many tourists to seek more economical holidays. As a result, many tourists have chosen to forgo packaged tours, instead booking individual services directly with providers. These pressures have contributed to sluggish growth in the industry, with revenue expected to rise by an annualised 0.3% over the five years through 2014-15. Revenue growth of 1.1% is forecast for... Learn More

3. Gold & Other Nonferrous Metal Processing in Australia

2026 Units *: 27.7

• The real revenue and value added of the Basic Non-Ferrous Metal Manufacturing industry are expected to be $8,597 million and $877 million respectively in 2007-08 (2006-07 prices).
• The bulk of industry revenue is accounted for by nickel refining. Although the volume of gold refined by this industry is substantial, the firms that refine gold do so for a fee; they do not own either the gold bullion feedstock or the refined gold produced. The refining fee earned by industry participants represents only a small fraction of the value of the refined gold.
• Industry revenue and value added are expected to contract by... Learn More

• 4. Solar Electricity Generation in Australia

  2026 Units *: 20.6

  The Solar Electricity Generation industry has undergone a period of immense revenue growth over the past five years. Industry revenue is expected to grow at an annualised 163.4% over the five years through 2018-19, to reach $583.4 million. This growth has been driven by the development of a multitude of large-scale solar farms, which have increased industry generation capacity from less than 50 MW in 2014 to over 2,400 MW in 2018. Industry generation capacity is expected to continue growing in 2018-19, as a record number of solar projects come online. Industry revenue is expected to increase by 115.7% in... Learn More

• 5. Uranium Mining in Australia

  2026 Units *: 19.9

  • The real turnover and value added of the Uranium Mining industry are expected to be about $1,021 million and $832 million respectively in 2007-08 (2006-07 prices).
  • Industry revenue and value added are expected to expand by about 54% and 53% respectively in 2007-08.
  • The industry is expected to account for about 0.1% of total GDP in 2007-08.
  • The industry is expected to produce 10,200 tonnes of uranium oxide in 2007-08, all of which is destined for export. Production amounted to 9,594 tonnes in 2006-07 and 9,974 tonnes in 2005-06.
  • Domestic demand is essentially zero, as all uranium output is exported. However, exports do not... Learn More

  • 6. Meal Kit Delivery Services in Australia

    2026 Units *: 19.1

    ... Learn More

  • 7. Personal Welfare Services in Australia

    2026 Units *: 18.4

    The Non Residential Care Services n.e.c. industry has experienced consistently strong revenue growth during the current performance period, in keeping with its status as a growth industry, as Government funding increases and minimal movement in the unemployment rate would indicate. Government initiatives to assist in getting unemployed Australians back to the workforce have also prompted growth in the industry. Firms engaged in residential care services are predominantly small, or non-employing, firms, with not-for-profit status, although there is an increasing incidence of firms entering the industry as profit-making entities. Also in 2007-08, the Non Residential Care Services n.e.c. industry:

    • Is forecast to... Learn More

    • 8. Lithium & Other Non-Metallic Mineral Mining in Australia

      2026 Units *: 17.9

      • The real revenue and value added of the Other Mining industry are believed to have amounted to $559 million and $291 million respectively in 2007-08 (2006-07 prices).
      • Industry revenue is expected to expand by about 0.4% in 2007-08, while value added falls by about 0.5%.
      • The industry represents only about 0.03% of Australia's GDP.
      • Exports are substantially greater than imports, and domestic demand is expected to be about $238.4 million in 2007-08 (2006-07 prices).
      • The industry is expected to produce about 12 million tonnes of salt (its major product) in 2007-08, most of which will be exported.
      • The industry employs about 1,670 people,... Learn More

      • 9. Battery Material Mining in Australia

        2026 Units *: 15.4

        The Battery Material Mining industry has grown significantly over the past five years, as battery manufacturers have sought to lock in supply while anticipating future growth in demand. Rising demand for electric vehicles has led global automakers to offer a growing range of electric vehicles, particularly in China. The supply of battery materials has become increasingly tight over the past five years, as indicated by significant growth in the prices of lithium and cobalt. Overall, industry revenue is expected to grow at an annualised 32.6% over the five years through 2018-19, to reach $1.6 billion. This includes an expected decline... Learn More

      • 10. Wind & Other Renewable Electricity Generation in Australia

        2026 Units *: 15.3

        Revenue for the Wind and Other Electricity Generation industry has grown over the past five years. High wholesale electricity prices, favourable industry assistance programs and high profitability have attracted new firms to the industry over the period. Industry revenue is expected to increase at an annualised 4.9% over the five years through 2018-19, to reach $1.87 billion. This includes expected growth of 1.9% in the current year.

        Investment in wind farms has surged over the past five years, increasing total generation capacity to close to 5,000 MW in 2018-19. Wind power is expected to provide 7.1% of the national electricity output... Learn More