Industry Statistics and Trends
Market size and recent performance (2015-2030)
Industry revenue has declined at a CAGR of 1.3 % over the past five years, to reach an estimated $354.7m in 2025.
Trends and Insights
Revenue has been hurt by poor economic conditions as non-residential and residential building slumped
- Industry operators are highly sensitive to activity levels in the downstream construction sector, as construction companies represent the primary market for Construction Machinery and Operator Hire services. Considering the specialised nature of the equipment, opportunities to diversify into other markets are limited, as the machinery is predominantly used for construction activities.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2025-2030)
Market size is projected to grow over the next five years.
Trends and Insights
Positive net migration will fuel residential construction
- The National Construction Pipeline Report 2024 states that residential construction activity in New Zealand is forecast to grow steadily, increasing from around $34.4 billion in 2027 to $35.4 billion in 2029. This marks a 5.0% rise over three years and signals a reversal of the short-term declines seen in 2024-25. Growth will be fuelled by a resurgence in multi-unit dwellings, with consents projected to rise from a projected 14,930 in 2027 to an estimated 17,580 in 2029, according to the National Construction Pipeline Report 2024, accounting for between 50% and 60% of all new housing.
Biggest companies in the Construction Machinery and Operator Hire in New Zealand
| Company | Market Share (%)
2026 | Revenue
2026 |
|---|
There are no companies that hold a market share exceeding 5% in the Construction Machinery and Operator Hire in New Zealand industry.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Subcontract lift services, Contract lift services and Dry hire services. Subcontract lift services is the largest segment of the Construction Machinery and Operator Hire in New Zealand.
Trends and Insights
Contract lift services have been bolstered by greater infrastructure spending
- Contract lift services entail the hire company taking responsibility for all lifting jobs and integrating itself into the wider construction team for the project's life. Contractor lift services are most regularly used for infrastructure projects with long timelines and extensive lifting needs that change over time.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Firms in this industry hire out machinery, equipment (mainly cranes) and operators for use on a range of construction and industrial projects. To be included in the industry, firms must provide both operators and equipment as part of their services.
What's included in this industry?
Products and services covered in the Construction Machinery and Operator Hire industry in New Zealand include Contract lift services, Subcontract lift services, Dry hire services and Rigger and dogman services.Companies
Companies covered in the Construction Machinery and Operator Hire industry in New Zealand include .Purchase this report to view all major companies in this industry.
Related Terms
Related terms covered in the Construction Machinery and Operator Hire industry in New Zealand include rigger, dogman, wet hire and dry hire.Industry Code
ANZSIC 3292 - Construction Machinery and Operator Hire in New Zealand
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Recent growth from infrastructure and multi-unit housing has supported the industry. Profit margins have improved as world oil prices ease, lowering freight costs.
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2015-2024) and forecast (2025-2030)
- Employees, including historical (2015-2024) and forecast (2025-2030)
- Businesses, including historical (2015-2024) and forecast (2025-2030)
- Profit, including historical (2015-2025)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Infrastructure now represents the largest share of industry income. Government-led infrastructure projects are driving growth in contract lift and dry hire services, while sl...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2025
- Product innovation level
Charts
- Products & services segmentation in 2025
- Major market segmentation in 2025
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Demand is moving from major cities to regional areas, boosting local firms near infrastructure and housing projects. This shift strengthens the industry’s regional presence.
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2025
Tables
- Number and share of establishments in each region in 2025
- Number and share of revenue each region accounts for in 2025
- Number and share of wages each region accounts for in 2025
- Number and share of employees in each region in 2025
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
The industry remains fragmented, with many small local firms thriving near regional projects and benefiting from government contracts. This keeps competition high and market ...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2020-2025
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
There are no companies that hold a market share exceeding 5% in the Construction Machinery and Operator Hire in New Zealand industry.
Analyst insights
The industry is highly fragmented, with no company accounting for over 5.0% of revenue. There is little incentive to consolidate, as companies are geographically dispersed an...
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Industry safety standards and certification are administered by WorkSafe. Hire companies face a moderate level of regulation to ensure the safe operation and maintenance of e...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2015-2030)
- Assistance historical data and forecast (2015-2030)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit margins are recovering thanks to government support, lower fuel costs, and new technology, but remain below pre-pandemic levels. Reduced fuel and wage expenses have he...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2015-2030)
- Revenue per Employee (2015-2030)
- Revenue per Enterprise (2015-2030)
- Employees per Establishment (2015-2030)
- Employees per Enterprise (2015-2030)
- Average Wage (2015-2030)
- Wages/Revenue (2015-2030)
- Establishments per Enterprise (2015-2030)
- IVA/Revenue (2015-2030)
- Imports/Demand (2015-2030)
- Exports/Revenue (2015-2030)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2015-2030)
- IVA (2015-2030)
- Establishments (2015-2030)
- Enterprises (2015-2030)
- Employment (2015-2030)
- Exports (2015-2030)
- Imports (2015-2030)
- Wages (2015-2030)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Construction Machinery and Operator Hire industry in New Zealand in 2025?
The market size of the Construction Machinery and Operator Hire industry in New Zealand is $354.7m in 2025.
How many businesses are there in the Construction Machinery and Operator Hire industry in New Zealand in 2025?
There are 304 businesses in the Construction Machinery and Operator Hire industry in New Zealand, which has declined at a CAGR of 0.1 % between 2020 and 2025.
How may import tariffs affect the Construction Machinery and Operator Hire industry in New Zealand?
The Construction Machinery and Operator Hire industry in New Zealand is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Construction Machinery and Operator Hire industry in New Zealand?
The Construction Machinery and Operator Hire industry in New Zealand is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Construction Machinery and Operator Hire industry in New Zealand grown or declined over the past 5 years?
The market size of the Construction Machinery and Operator Hire industry in New Zealand has been declining at a CAGR of 1.3 % between 2020 and 2025.
What is the forecast growth of the Construction Machinery and Operator Hire industry in New Zealand over the next 5 years?
Over the next five years, the Construction Machinery and Operator Hire industry in New Zealand is expected to grow.
What does the Construction Machinery and Operator Hire industry in New Zealand include?
Contract lift services and Subcontract lift services are part of the Construction Machinery and Operator Hire industry in New Zealand.
How competitive is the Construction Machinery and Operator Hire industry in New Zealand?
The level of competition is moderate and steady in the Construction Machinery and Operator Hire industry in New Zealand.
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in New Zealand include:
- Statistics New Zealand
- New Zealand Company Register
- Ministry of Business, Innovation & Employment
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
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