Government Spending in Australia - Market Summary, Competitive Analysis and Forecast to 2025

July 2021 | 39 pages | ID: GE8A2ED4CCC5EN
MarketLine

Abstracts

Government Spending in Australia - Market @Summary, Competitive Analysis and Forecast to 2025

SUMMARY

Government Spending in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

KEY HIGHLIGHTS

• The government spending sector is the total amount of public sector expenditure at any sort of level, including central government, local government etc. It is split into the following segments: defense, education, social protection, healthcare, and other.
• The Australian government spending sector had total revenues of $472.7bn in 2020, representing a compound annual growth rate (CAGR) of 11.6% between 2016 and 2020.
• The social protection segment was the sector's most lucrative in 2020, with total revenues of $135.1bn, equivalent to 28.6% of the sector's overall value.
• The Australian government skyrocketed its expenditure in response to the COVID-19 pandemic, with the establishment of three support packages of $17bn, $66bn and $130bn respectively. However, this is expected to exacerbate the country’s already high levels of national debt, which could have long-term implications for the sector.

SCOPE

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in Australia
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in Australia
• Leading company profiles reveal details of key government spending market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Australia government spending market with five year forecasts

REASONS TO BUY

• What was the size of the Australia government spending market by value in 2020?
• What will be the size of the Australia government spending market in 2025?
• What factors are affecting the strength of competition in the Australia government spending market?
• How has the market performed over the last five years?
• What are the main segments that make up Australia's government spending market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What strategies do leading players follow?
7.3. Have any smaller players secured important contracts in recent years?

8 COMPANY PROFILES

8.1. ASC Pty Ltd
8.2. BAE Systems Australia Ltd
8.3. Decmil Group Ltd
8.4. Australian Rail Track Corporation Ltd

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

12. LIST OF TABLES

Table 1: Australia government spending sector value: $ billion, 2016-20
Table 2: Australia government spending sector category segmentation: $ billion, 2020
Table 3: Australia government spending sector geography segmentation: $ billion, 2020
Table 4: Australia government spending sector value forecast: $ billion, 2020-25
Table 5: ASC Pty Ltd: key facts
Table 6: ASC Pty Ltd: Key Employees
Table 7: BAE Systems Australia Ltd: key facts
Table 8: BAE Systems Australia Ltd: Key Employees
Table 9: Decmil Group Ltd: key facts
Table 10: Decmil Group Ltd: Annual Financial Ratios
Table 11: Decmil Group Ltd: Annual Financial Ratios (Continued)
Table 12: Decmil Group Ltd: Key Employees
Table 13: Australian Rail Track Corporation Ltd: key facts
Table 14: Australian Rail Track Corporation Ltd: Key Employees
Table 15: Australia size of population (million), 2016-20
Table 16: Australia gdp (constant 2005 prices, $ billion), 2016-20
Table 17: Australia gdp (current prices, $ billion), 2016-20
Table 18: Australia inflation, 2016-20
Table 19: Australia consumer price index (absolute), 2016-20
Table 20: Australia exchange rate, 2016-20

12. LIST OF FIGURES

Figure 1: Australia government spending sector value: $ billion, 2016-20
Figure 2: Australia government spending sector category segmentation: % share, by value, 2020
Figure 3: Australia government spending sector geography segmentation: % share, by value, 2020
Figure 4: Australia government spending sector value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the government spending sector in Australia, 2020
Figure 6: Drivers of buyer power in the government spending sector in Australia, 2020
Figure 7: Drivers of supplier power in the government spending sector in Australia, 2020
Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in Australia, 2020
Figure 9: Factors influencing the threat of substitutes in the government spending sector in Australia, 2020
Figure 10: Drivers of degree of rivalry in the government spending sector in Australia, 2020