Australia Machinery and Equipment Tenders

The Australian Machinery and Equipments (M&E) market is a significant sector of the economy, valued at around US$14.61 billion in 2023. The market is expected to experience a compound annual growth rate (CAGR) of -4.48% from 2023 to 2028. The decline in growth is attributed to factors such as supply chain disruptions, rising energy costs, and labor shortages.

The Australian government is a major purchaser of machinery and equipment, with an annual spend of around US$6.88 billion. Government procurement is driven by a number of factors, including infrastructure development, defense spending, and healthcare needs.

The main machinery and equipment products and services procured by the Australian government include:
Construction equipment
Mining equipment
Manufacturing equipment
Information technology (IT) equipment
Medical equipment

The top authorities for Australia machinery and equipment procurement include:
Department of Defence
Department of Infrastructure, Transport, Regional Development, Communications and the Arts
Department of Health
Department of Industry, Science, Energy and Resources
Department of Agriculture, Water and the Environment

The top winners of Australia machinery and equipment procurement contracts include:
Caterpillar
Komatsu
Hitachi
Siemens
General Electric

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