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Engineering Services in Texas - Industry Market Research Report

Engineering Services in Texas

Over the five years to 2017, industry demand has grown in line with industry revenue, as the overall Texas economy has steadily improved. Also, increases in the private nonresidential and residential construction sectors in Texas prompted strong revenue growth during the period. Since construction activity requires a substantial amount of engineering services during the planning and development phase, growth in the value of private nonresidential and residential construction has bolstered demand for the engineering services in the state. Positive industry conditions are projected to slow over the five years to 2022 as construction activity growth levels out. However, manufacturing GDP is projected to grow at an even faster rate over the next five years, increasing demand for engineering services that are used for industrial and manufacturing purposes. Also, the value of private nonresidential and residential construction is projected to continue growing, albeit at a slower rate than over the five years to 2017.

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.


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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