Mining Support Services in Australia - Industry Market Research Report
Description
Mining Support Services in Australia
The Mining Support Services industry has benefited from improved operating conditions over the past few years, although mixed demand conditions have meant that revenue has fluctuated. Industry revenue is expected to increase at an annualised 1.9% over the five years through 2023-24, to an estimated $13.3 billion. An upsurge in capital expenditure on mining over the past few years has driven improved downstream demand, yet the fragmented and varied nature of the industry means that the benefits of this trend were not uniformly shared. Some segments of the industry are countercyclical, which means that a jump in mining activity often crowds out demand for third-party services like mining shutdown, rehabilitation or maintenance. In 2023-24, a sharp drop in vital downstream industries, like coal mining, is set to contribute to a revenue decline of an estimated 4.6%.
Industry firms provide mining support services that are integral to a range of mining processes. These services include maintenance, transport, rehabilitation and shutdown services. Contractors that perform all operations at a mine on behalf of another entity are excluded from the industry. Exploration drilling is also excluded from the industry.
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.
The Mining Support Services industry has benefited from improved operating conditions over the past few years, although mixed demand conditions have meant that revenue has fluctuated. Industry revenue is expected to increase at an annualised 1.9% over the five years through 2023-24, to an estimated $13.3 billion. An upsurge in capital expenditure on mining over the past few years has driven improved downstream demand, yet the fragmented and varied nature of the industry means that the benefits of this trend were not uniformly shared. Some segments of the industry are countercyclical, which means that a jump in mining activity often crowds out demand for third-party services like mining shutdown, rehabilitation or maintenance. In 2023-24, a sharp drop in vital downstream industries, like coal mining, is set to contribute to a revenue decline of an estimated 4.6%.
Industry firms provide mining support services that are integral to a range of mining processes. These services include maintenance, transport, rehabilitation and shutdown services. Contractors that perform all operations at a mine on behalf of another entity are excluded from the industry. Exploration drilling is also excluded from the industry.
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.
Table of Contents
42 Pages
- 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
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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