The Construction Equipment Services industry has developed strongly during the five years through 2017 due to strong demand mainly from the Building Construction industry (IBISWorld industry report 4710) and the various infrastructure construction industries (4721, 4725 and 4726).Industry revenue has been growing at an annualized rate of 11.5% over the five years through 2017, to an estimated $13.6 billion in 2017. Strong growth in the real estate sector and national infrastructure projects conducted by the government have increasing demand for industry services. However, market demand growth has been slowing in line with decelerating downstream industry growth. Accordingly, profitability is expected to decrease from 15.8% in 2010 to 11.0% in 2017...purchase to read more.

Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 12-17
11.5%
Forecast Growth 17-22
Profit
Employment
532,474
Businesses
5,484

Industry Report - Industry Investment Chapter

For every dollar spent on labor (including wages and management fees), about 20 cents are invested in capital in this industry. This reflects the medium level of capital intensity in the Construction Equipment Services industry. Enterprises in this industry must purchase costly construction equipment, but there is also a heavy reliance on labor inputs. In addition, small-scale enterprises generally have lower capital investment levels than large firms. This is due to the high costs of acquiring new equipment, which larger firms are usually more able to afford.The capital intensity of this industry is expected to increase in the next five years, as companies purchase more large and high-end construction equipment in order to expand production scale and increase market share...purchase to read more.

Additional Insights for the Construction Equipment Services Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Construction Equipment Services Industry are

  • Good project management skills
  • Highly trained workforce
  • Guaranteed supply of key inputs
  • IBISWorld analysts also discuss how external factors such as Domestic Support Policies and GDP of mainland China in the Construction Equipment Services industry impact industry performance..

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    What's in this report

    What is the Construction Equipment Services Industry?

    Construction equipment service providers in providing construction equipment operation and related services to construction sites.

    Industry Products
  • Construction lifting equipment services
  • Concrete machinery services
  • Excavating machinery services
  • Other services
  • Industry Activities
  • Providing concrete mixing services
  • Providing tower crane machinery operation services
  • Providing other excavating machine operation services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Domestic Support Policies
  • GDP of mainland China
  • Gross Government Fixed Investment - Structures - State and Local
  • Systems and Technology
  • Urban Population

  • Current Performance
    ProfitabilityEnterprises
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Construction Equipment Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Construction Equipment Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Building Construction
  • Bridge, Tunnel and Subway Construction
  • Real Estate Development and Management
  • Power Grid Construction
  • Road & Highway Construction

  • Key Selling Industries
  • Construction Equipment Manufacturing

  • Products & Services
  • Construction lifting equipment services
  • Concrete machinery services
  • Excavating machinery services
  • Other services
  • Chart: Construction Equipment Services Industry Products and Services Segmentation

  • Demand Determinants
  • Development of downstream industries
  • Urbanization process deepening
  • Construction equipment innovation

  • Major Markets
  • Building construction
  • Bridge, tunnel and subway construction
  • Waterway and port construction
  • Others
  • Chart: Major Market Segmentation for the Construction Equipment Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases and Interest
  • Wages
  • Depreciation
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Construction Equipment Services

  • Basis of Competition
  • Construction quality
  • Price
  • Capital strength
  • Qualification requirement
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Construction Equipment Services Industry

  • Industry Globalization
    PY Rental Co. Ltd., Shanghai Synnium Rental Co. Ltd., Beijing Zenhe Engineering Equipment Services Co. Ltd., Sinochem Group, Shenzhen Shunchanglong Concrete Service Co. Ltd.,
  • Table: PY Rental Co. Ltd. - financial performance
  • Table: Shanghai Synnium Rental Co. Ltd. - financial performance
  • Table: Beijing Zenhe Engineering Equipment Services Co. Ltd. - financial performance
  • Table: Sinochem Group - financial performance
  • Table: Shenzhen Shunchanglong Concrete Service Co. Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Construction Equipment Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Construction Equipment Services Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Excavators
  • Construction and agricultural machinery for the excavation of earth.
  • Gross Floor Area (Gfa)
  • Total floor area inside a building, including external walls, but excluding the roof.
  • Tower Crane
  • A modern form of balance crane, which offers the best combination of height and lifting capacity. Used in the construction of tall buildings.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Construction Equipment Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Construction Equipment Services:
    • 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 Construction Equipment Services 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

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Construction Equipment Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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