Over the past five years, industry revenue has continued to decline due to weak public spending on large infrastructure projects, as well as relatively weak private investment in new facilities. In the five years to 2021, the industry is anticipated to grow as increasing corporate profit allows businesses to commit to long-term construction projects. Growth is expected to be driven by demand from private nonresidential construction.
Industry establishments apply the physical laws and principles of engineering in designing, developing and using machines, materials, instruments, structures, processes and systems. These services may involve providing advice, preparing feasibility studies, preparing plans and designs, providing technical services during construction or development, inspecting and evaluating engineering projects and providing 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.