Industrial Building Construction in Canada
This industry relies heavily on capital and repair construction expenditures from its key downstream markets. Declines in corporate profit levels, which influence spending on industrial construction, are expected to drag down revenue over the five years to 2018. Over the five years to 2023, the possibility that commodity prices have reached a new normal poses a potential threat to the industry moving forward. Despite the threat, IBISWorld forecasts industry revenue during the five-year period. An anticipated rebound in nonresidential investment will unleash pent-up demand from the energy sector, boosting industry revenue.
Industry operators construct industrial and manufacturing buildings via new work, additions, alterations, maintenance and repairs. 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.