Industry Definition & Activities Industry Risk Score Risk Rating Analysis
Barriers to Entry Basis of Competition Domestic and International Markets Industry Assistance Life Cycle Industry Volatility
Recent Growth Analysis Forecast Growth Analysis
Value of Construction - Private and Public - Utilities Local and state government investment Population Yield on 10-year Treasury Bond Demand from residential building construction Domestic proved oil reserves Domestic proved natural gas reserves
INDUSTRY RISK AND INDUSTRY RISK SCORING METHODOLOGY
What is Industry Risk? The Industry Risk Scoring Methodology Risk Rating Score Definition
Pipeline Construction in the US - Industry Risk Rating Report
This is the replacement for IBISWorld's March 2011 edition of Pipeline Construction in the US Industry Risk Ratings Report.
Industry Risk Ratings Synopsis
This Industry Risk Ratings report from IBISWorld evaluates the inherent risks associated with the Pipeline Construction in the US industry. Industry Risk is assumed to be 'the difficulty, or otherwise, of the business operating environment'.
The report looks at the operational risk associated with this industry. Three types of risk are recognized in our analysis. These are: risk arising from within the industry itself (structural risk), risks arising from the expected future performance of the industry (growth risk) and risk arising from forces external to the industry (external sensitivity risk).
This approach is new in that it analyses non-financial information surrounding each industry. Industries are scored on a 9-point scale, where 1 represents the lowest risk and 9 the highest. The Industry Risk score measures expected Industry Risk over the coming 12-18 months.
This industry comprises contractors who are responsible for the construction of water mains, sewers, drains, gas mains, natural gas pumping stations and gas and oil pipelines (i.e. new work, reconstruction and repairs). It also includes construction management firms and special trade contractors that are involved in water, sewer, gas and oil pipeline construction.
The Risk Overview chapter includes sections on Industry Definition and Activities, Industry Risk Score and Risk Rating Analysis. The Industry Definition and Activities section provides a detailed definition of the activities carried out by operators in this industry as defined in NAICS. A list of the primary activities of the industry is also included. The Industry Risk Score section provides the Overall Industry Risk Score as well as the Risk Scores for each of the three types of risk covered that combine to form the Overall Industry Risk Score. These three types of risk are Structural Risk, Growth Risk and External Sensitivity Risk. The Risk Rating Analysis section discusses the underlying factors contributing to the Overall Industry Risk Score.
The Structural Risk chapter looks at risk arising from within the industry itself and provides a detailed discussion of the industry's level of exposure to seven key indicators. These key indicators are Barriers to Entry, Competition, Industry Exports, Industry Imports, Level of Assistance, Life Cycle Stage and Volatility of Industry. The Overall Structural Risk Score is a weighted aggregation of these seven key indicators. Each of the key indicators is discussed in detail in this section.
The Growth Risk chapter looks at risks arising from the expected future performance of the industry. The Overall Growth Risk Score is determined by amalgamating the scores for Recent Industry Growth and Forecast Industry Growth. Detailed analysis is provided discussing the reasons for the growth scores of both.
The Sensitivity Risk chapter looks at risks arising from forces (sensitivities) external to the industry. The Overall External Sensitivity Risk Score is determined by identifying the most significant (up to 6) external factors and weighting them to represent how significant each sensitivity is to the performance of the industry. Examples of External Sensitivities are Exchange Rates, Interest Rates, Commodity Prices and Government Regulations. There is also a detailed analysis of the affect each of the sensitivities has on the industry, including charts and data tables where appropriate.
Industry Risk and Industry Risk Scoring Methodology
This chapter provides an overview of how IBISWorld defines Industry Risk and discusses the methodology used to arrive at an Industry Risk Score. There is also a table that provides a definition of the seven levels of Industry Risk.
23491 - Pipeline Construction in the US 22121 - Natural Gas Distribution in the US 22131 - Water Supply & Irrigation Systems in the US 22132 - Sewage Treatment Facilities in the US 54133 - Engineering Services in the US 23411a - Road & Highway Construction in the US 23411b - Road & Highway Maintenance in the US 23411c - Road & Highway Services in the US 32411 - Petroleum Refining in the US 21111 - Oil Drilling & Gas Extraction in the US