Industry Analysis & Industry Trends
Since the industry heavily relies on government investment, it has struggled over the past five years as stimulus packages end and the federal government reels in expenditure to focus on reducing federal debt and the budget deficit. Industry revenue is expected to decline over the five years to 2016; however, industry profit margins have improved marginally as operators slowly begin to increase prices again. Over the next five years, the value of government expenditure and investment is expected to grow steadily, due in part to an anticipated recovery in oil prices.The industry's largest markets, the education and healthcare sectors, are also forecast to exhibit strong growth over the next five years. As a result, the industry is projected to grow over the next five years... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Municipal Building Construction industry has a low level of market share concentration, with the four largest companies in the industry estimated to account for only 12.8% of industry revenue. The industry's largest two firms, PCL Constructors Inc. and EllisDon Corp., hold a combined market share of 9.3%. Construction industries are typically highly fragmented due to the wide geographic diversity of projects and the prevalence of local contractors who have personal relationships with developers and experience with local regulations and markets.
The largest construction companies, like PCL, operate on a national or international scale, leverage a widely known and respected brand name and pursue highly lucrative and resource-intensive projects... purchase to read more