The Industrial Building Construction industry is active in several markets, including mining, energy and manufacturing. As a whole, the industry relies heavily on capital and repair construction expenditures from its key downstream markets. According to Statistics Canada estimates, private capital construction expenditure is expected to increase over the five years to 2016. In recent years, however, the industry has performed poorly. Since much of the industry's demand is determined by the health of the energy sector, persistent drops in the price of oil and other commodities has negatively impacted industry revenue. While low commodity prices are expected to remain an obstacle over the five years to 2021, IBISWorld projects the industry will grow due to increased activity in Canada's export market.
This industry constructs (e.g. new work, additions, alterations, maintenance and repairs) industrial and manufacturing buildings. Establishments include general contractors, design-build companies and construction management operators.
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.