After a collapsing construction market significantly hampered revenue, a recovery in nonresidential and residential building construction will support growth. The industry will face strong competition from larger consulting firms that offer a broad range of services, including predesign, planning, interior design and engineering services. However, this factor will not deter overall growth, with demand expected to strengthen over the next five years.
Architects plan and design residential, institutional, leisure, commercial and industrial buildings and structures by applying their knowledge of design, construction procedures, zoning regulations, building codes and building materials. This industry also provides drafting services, which includes drawing detailed layouts, plans and illustrations of buildings, structures and systems.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.