Industry Statistics and Trends
Market size and recent performance (2013-2028)
Industry revenue has grown at a CAGR of 1.9 % over the past five years, to reach an estimated $13.3bn in 2023.
Trends and Insights
An uptick in mining activity is a mixed bag for the fragmented mining support services
- The Mining Support Services industry involves specialists who contribute to the development, operation, and rehabilitation of mining projects. Companies in this industry work in symbiosis with mining firms, stepping in when companies cannot economically perform tasks in-house.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The strength of Australia's mining industry is projected to drive steady growth
- The Mining Support Services industry is on track to grow steadily over the next few years, stemming from continued growth in actual capital expenditure in mining.
Biggest companies in the Mining Support Services in Australia
| Company | Market Share (%)
2024 | Revenue ($m)
2024 |
|---|---|---|
NRW Holdings | 1,127.6 | |
Perenti Global | 666.3 | |
Worley | 533.0 |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Maintenance and shutdown services, Transport services and Rehabilitation services. Maintenance and shutdown services is the largest segment of the Mining Support Services in Australia.
Trends and Insights
As commodity prices surged, demand for directional drilling services also trended upwards
- Non-exploration drilling services mainly include directional drilling and redrilling, providing easier access to mineral resources.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
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.
What's included in this industry?
Maintenance and shutdown servicesTransport servicesRehabilitation servicesNon-exploration drilling servicesMine draining and pumping servicesCompanies
NRW HoldingsPerenti GlobalWorleyPurchase this report to view all 4 major companies in this industry.
Related Terms
OPEN-CUT MINEUNCONVENTIONAL GAS RESOURCECONVENTIONAL GASHYDRAULIC FRACTURINGIndustry Code
ANZSIC 1090 - Mining Support Services in Australia
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
The Mining Support Services industry is highly fragmented and varied. This dynamic has contributed to a mixed performance over the past few years, despite healthy demand from...
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 (2013-2022) and forecast (2023-2028)
- Employees, including historical (2013-2022) and forecast (2023-2028)
- Businesses, including historical (2013-2022) and forecast (2023-2028)
- Profit, including historical (2013-2023)
- 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
Heavy rainfall on the eastern seaboard over the past few years has inflated demand for drainage and pumping services. Excessive water on mining sites has the potential to sev...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2023
- Product innovation level
Charts
- Products & services segmentation in 2023
- Major market segmentation in 2023
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
Third-party services need to locate near downstream clients. That’s why the large mining industry in Queensland and Western Australia attract a higher density of mining suppo...
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 2023
Tables
- Number and share of establishments in each region in 2023
- Number and share of revenue each region accounts for in 2023
- Number and share of wages each region accounts for in 2023
- Number and share of employees in each region in 2023
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 is highly specialised, which limits direct competition. Mining support services tend to develop specialised capacities that are hard to replicate, protecting the...
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 2018-2023
- 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
Learn about the performance of the top companies in the industry.
Analyst insights
NRW Holdings has built market share through acquisitions. This strategy has helped NRW garner a steady accumulation of valuable long-term contracts with a variety of mining p...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2019 through 2023
- Major companies in the industry, including market share, revenue, profit and profit margin in 2023
- Overview of NRW Holdings's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Perenti Global's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Worley's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for NRW Holdings, and factors influencing its performance in the industry
- Description and key data for Perenti Global, and factors influencing its performance in the industry
- Description and key data for Worley, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Demand from coal mining and oil and gas extraction is on track to tank in 2023-24. Mining companies are less likely to seek out third party service providers while demand is ...
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 (2013-2028)
- Assistance historical data and forecast (2013-2028)
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
A surge in demand from coal and gas miners has allowed mining support firms to lift their profit margins. Improved export demand is central to a jump in profitability, revert...
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 2023
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2013-2028)
- Revenue per Employee (2013-2028)
- Revenue per Enterprise (2013-2028)
- Employees per Establishment (2013-2028)
- Employees per Enterprise (2013-2028)
- Average Wage (2013-2028)
- Wages/Revenue (2013-2028)
- Establishments per Enterprise (2013-2028)
- IVA/Revenue (2013-2028)
- Imports/Demand (2013-2028)
- Exports/Revenue (2013-2028)
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 (2013-2028)
- IVA (2013-2028)
- Establishments (2013-2028)
- Enterprises (2013-2028)
- Employment (2013-2028)
- Exports (2013-2028)
- Imports (2013-2028)
- Wages (2013-2028)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Mining Support Services industry in Australia in 2024?
The market size of the Mining Support Services industry in Australia is $13.3bn in 2024.
How many businesses are there in the Mining Support Services in Australia industry in 2023?
There are 1,773 businesses in the Mining Support Services industry in Australia, which has grown at a CAGR of 0.1 % between 2018 and 2023.
Has the Mining Support Services industry in Australia grown or declined over the past 5 years?
The market size of the Mining Support Services industry in Australia has been growing at a CAGR of 1.9 % between 2018 and 2023.
What is the forecast growth of the Mining Support Services industry in Australia over the next 5 years?
Over the next five years, the Mining Support Services industry in Australia is expected to grow.
What are the biggest companies in the Mining Support Services market in Australia?
The biggest companies operating in the Mining Support Services market in Australia are NRW Holdings, Perenti Global and Worley
What does the Mining Support Services in Australia include?
Maintenance and shutdown services and Transport services are part of the Mining Support Services industry.
Which companies have the highest market share in the Mining Support Services in Australia?
The company holding the most market share in Australia is NRW Holdings.
How competitive is the Mining Support Services industry in Australia?
The level of competition is moderate and increasing in the Mining Support Services industry in Australia.
Related Industries
Widen your competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Heavy Industry and Other Non-Building Construction in Australia
- Site Preparation Services in Australia
- Surveying and Mapping Services in Australia
- Construction Machinery and Operator Hire in Australia
International industries
- Oil & Gas Field Services in the US
- Oil & Gas Field Services in Canada
- Mining Support Services in New Zealand
- Test Drilling & Boring in the UK
View all industries in Australia
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 Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
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.
Learn more about our methodology and data sourcing on the Help Center.
