Engineering Consulting in Australia - Industry Market Research Report
Description
Engineering Consulting in Australia
Engineering consulting firms have benefited from greater public sector capital expenditure in recent years. Federal and state governments are increasingly outsourcing major infrastructure projects, driving demand for engineering consulting services. However, subdued actual capital expenditure on mining and falling capital expenditure on private non-residential construction are dampening industry expansion. Revenue for the Engineering Consulting industry is expected to grow at a subdued annualised 0.8%, reaching an estimated $50.5 billion over the five years through 2022-23. Greater capital expenditure by the public sector and private expenditure on machinery and equipment are boosting demand for engineering consultants, prompting revenue to rise by an estimated 1.3% in 2022-23.
Industry firms provide engineering consulting services, which typically relate to the design, development and use of infrastructure projects, machinery, processes and systems. Industry firms offer advisory services, feasibility studies, preparation of preliminary and final plans and designs, technical services during project construction phases, and inspection and evaluation of construction and engineering projects. The industry does not manage or organise construction projects.
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."
Engineering consulting firms have benefited from greater public sector capital expenditure in recent years. Federal and state governments are increasingly outsourcing major infrastructure projects, driving demand for engineering consulting services. However, subdued actual capital expenditure on mining and falling capital expenditure on private non-residential construction are dampening industry expansion. Revenue for the Engineering Consulting industry is expected to grow at a subdued annualised 0.8%, reaching an estimated $50.5 billion over the five years through 2022-23. Greater capital expenditure by the public sector and private expenditure on machinery and equipment are boosting demand for engineering consultants, prompting revenue to rise by an estimated 1.3% in 2022-23.
Industry firms provide engineering consulting services, which typically relate to the design, development and use of infrastructure projects, machinery, processes and systems. Industry firms offer advisory services, feasibility studies, preparation of preliminary and final plans and designs, technical services during project construction phases, and inspection and evaluation of construction and engineering projects. The industry does not manage or organise construction projects.
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."
Table of Contents
48 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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