Report Coverage
The Renting of Construction Equipment with or without Operator examines current conditions, mergers and acquisitions during the period under review, and factors influencing the success of the local industry. The report profiles 26 companies, including Barloworld Equipment, Torre Industries, Renttech and Babcock which all gained market share. Also profiled is the Goscor Group, which consists of eight companies including Bobcat SA. In December 2015 the company announced the buy-out of all Goscor shares from JSE-listed Imperial Holdings and the introduction of two new shareholders, Khulasande Capital Partnership and Unispan Holdings, resulting in black ownership of more than 25%.
The Renting of Construction Equipment with or without Operator
The plant hire industry performs an important function in the construction industry which builds and maintains the infrastructure on which almost every other industry depends. According to the latest official figures for 2014 released in late 2016 by Statistics South Africa (StatsSA), the sector focusing on the rental of construction equipment with or without an operator was valued at R17.741bn, up from R11.096bn in 2011. However, industry growth since 2015 has been considerably slower.
Challenging Times
Industry players attest to 2016 being one of the toughest years for the construction, building and plant hire industries due to prevailing political and economic conditions. Decreased mining and manufacturing production in Q4 2016 meant that the economy contracted by 0.3% quarter-on-quarter and overall the economy grew by only 0.3% in 2016. Other issues confronting the sector include new regulations and legislation especially in respect of Broad-Based Black Economic Empowerment (B-BBEE). The draft amended Construction Sector Code (CSC), released for public comment in November 2016, mandates a 35% black ownership and stipulates a minimum of 50% of black shareholding to be held by professionals to discourage passive shareholding. Analysts expect the charter to have a profound impact on the industry.
Historical Reports
Renting of Construction Equipment With or Without Operator In South Africa 2014-07-31
R 1 900.00(ZAR) estimated $115.16 (USD)*
View Report Add to CartTable of Contents
| PAGE | ||
|---|---|---|
| 1. | INTRODUCTION | 1 |
| 2. | DESCRIPTION OF THE INDUSTRY | 1 |
| 2.1. | Industry Value Chain | 2 |
| 2.2. | Geographic Position | 3 |
| 3. | SIZE OF THE INDUSTRY | 4 |
| 4. | STATE OF THE INDUSTRY | 10 |
| 4.1. | Local | 10 |
| 4.1.1. | Corporate Actions | 11 |
| 4.1.2. | Regulations | 13 |
| 4.1.3. | Enterprise Development and Social Economic Development | 14 |
| 4.2. | Continental | 15 |
| 4.3. | International | 16 |
| 5. | INFLUENCING FACTORS | 18 |
| 5.1. | Economic Environment | 18 |
| 5.2. | Demand from Industry Sectors | 18 |
| 5.3. | Government Intervention | 19 |
| 5.4. | Rising Operating Costs | 20 |
| 5.5. | Technology, Research and Development (R&D) and Innovation | 20 |
| 5.6. | Labour | 22 |
| 5.7. | Cyclicality | 24 |
| 5.8. | Rental Agreement Payment Default | 25 |
| 5.9. | Environmental Concerns | 25 |
| 6. | COMPETITION | 27 |
| 6.1. | Barriers to Entry | 27 |
| 7. | SWOT ANALYSIS | 28 |
| 8. | OUTLOOK | 28 |
| 9. | INDUSTRY ASSOCIATIONS | 29 |
| 10. | REFERENCES | 29 |
| 10.1. | Publications | 29 |
| 10.2. | Websites | 31 |
| COMPANY PROFILES | 33 | |
| A L S PLANT HIRE (RF) (PTY) LTD | 33 | |
| ANGLO V3 CRANE HIRE (PTY) LTD | 36 | |
| AQUA TRANSPORT AND PLANT HIRE (PTY) LTD | 38 | |
| ATLAS COPCO SOUTH AFRICA (PTY) LTD | 40 | |
| BABCOCK AFRICA SERVICES (PTY) LTD | 43 | |
| BABCOCK PLANT SERVICES (PTY) LTD | 46 | |
| BARLOWORLD SOUTH AFRICA (PTY) LTD | 48 | |
| BOBCAT EQUIPMENT SOUTH AFRICA (PTY) LTD | 54 | |
| BURMA PLANT HIRE (PTY) LTD | 56 | |
| CASE HIRE CC | 59 | |
| ENX GROUP LTD | 61 | |
| GOSCOR LIFT TRUCK COMPANY (PTY) LTD | 65 | |
| HIRE ALL (PTY) LTD | 67 | |
| HIRE SOLUTION (PTY) LTD (THE) | 70 | |
| JOHNSON CRANE HIRE (PTY) LTD | 72 | |
| MASHOVA PLANT (PTY) LTD | 75 | |
| PERFORMANCE PLANT HIRE (PTY) LTD | 77 | |
| RAUBEX GROUP LTD | 79 | |
| RENICO PLANT HIRE (PTY) LTD | 83 | |
| RENTTECH SOUTH AFRICA (PTY) LTD | 86 | |
| STERLING ACCESS CC | 88 | |
| TALISMAN FRANCHISE OPERATIONS (PTY) LTD | 90 | |
| TEICHMANN SOUTH AFRICA (PTY) LTD | 93 | |
| TORRE HOLDINGS (PTY) LTD | 95 | |
| TURNER MORRIS (PTY) LTD | 98 | |
| XMOOR TRANSPORT (PTY) LTD | 100 |
