Architects in New York
As a majority of the Architects industry in New York revenue is generated by nonresidential building design, industry revenue growth has been supported by trends in green building, design, plan and build style contracts, and generally favorable macroeconomic conditions surrounding nonresidential construction building. The construction market has recently shown signs of a robust recovery, which has boosted industry activity and revenue. The values of both nonresidential and residential construction have risen, resulting in an increased need for architectural design services. Over the five years to 2022, industry operators will continue to benefit from improvements in downstream construction markets. The volume of construction projects will increase as access to credit becomes more readily available, which is expected to boost industry revenue.
Architects plan and design residential, institutional, recreational, commercial and industrial buildings and structures by applying their knowledge of design, construction procedures, zoning regulations, building codes and building materials.
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.
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