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Engineering Services in Canada - Industry Market Research Report

Publisher IBISWorld
Published Aug 02, 2025
Length 43 Pages
SKU # IBSS20291829

Description

Engineering Services in Canada

The Engineering Services industry in Canada, which provide consulting, design, feasibility studies and technical services for a variety of projects, has grown as a result of improved downstream demand from several key markets, especially commodities-driven industries. Through 2020, the low prices of oil and has limited growth, with the COVID-19 pandemic execrating the decline in global demand. However, rapid growth in oil and gas prices in both 2021 and 2022 has driven a tremendous upswing in new demand from oil, gas and mining clients, propelling industry revenue to rise 13.6% in 2022 alone. Despite volatility, industry revenue is forecast to rise at a CAGR of 5.9% to $45.9 billion over the five years to 2023, including 3.9% during the current year.

Operators in this industry apply the physical laws and principles of engineering in the design, development and use of machines, materials, instruments, structures, processes and systems. Industry services involve providing advice; preparing plans, designs and feasibility studies; providing technical services during construction or installation activities; inspecting and evaluating engineering projects; and other related services.

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

43 Pages
TABLE OF CONTENTS

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

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