The Australian construction machinery market was valued at $3762.01 million in 2021. By 2027, predictions suggest it will be worth $4584.41 million.
Mordor Intelligence reports government spending on construction and infrastructure activities is expected to drive demand in the market.
New South Wales, Victoria, and Queensland are seeing an uplift in the construction sector and this is expected to attract further investment.
That’s good news for franchises like Hydraulink and Maximus, which service the industrial sector.
Hydraulink’s hydraulic hose, fitting and service franchise helps ensure optimum standards of safety and compliance for major industries.
Typical customers are mining, earthmoving, road and rail transport and distribution, waste management and recycling, construction, hydraulic machinery servicing, logistics, manufacturing, and safety.
New to the franchise scene is Maximus, which integrates hydraulic, industrial, irrigation and water products and services.
As a one-stop-shop, Maximus aims to reduce customers’ admin costs and travel time.