Open road: Funding from new infrastructure programs will benefit the industry

The Road, Highway and Bridge Construction industry performance has been volatile over the past five years in line with fluctuations in the value of nonresidential construction in Ontario, likely due to yearly discrepancies in the number of projects being undertaken and new shovel ready projects prepared to start or yearly government funding priorities. Overall, industry revenue is forecast to increase over the five years to 2018. Over the next five years the industry is forecast to grow at a faster pace, as projects receive funding from two major infrastructure programs announced over the second half of the previous reporting period, the federal government's 2016 Investing in Canada plan and the provincial government's own infrastructure plan, which has committed over $190.0...read more.

Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 13-18
0.2%
Forecast Growth 18-23
Profit
Employment
16,381
Businesses
885

Industry Threats & Opportunities

  • The industry has underperformed the provincial economy over the past five years
  • Industry Report - Industry Products Chapter

    •The largest service provided by industry operators is highway and road construction, at 48.7% of total demand.•This is slightly lower than the national report because Ontario has a higher share of bridge production comparably, at 3.2%.•The next largest share of industry revenue is generated by repair work and alterations, which is at 48.1% of total revenue. This figure is consistent with demand at the national level...purchase to read more.

    Additional Insights for the Road, Highway & Bridge Construction in Ontario Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Road, Highway & Bridge Construction in Ontario Industry are

  • Access to highly skilled workforce
  • Ability to effectively communicate and negotiate:
  • Ability to compete on tender
  • IBISWorld analysts also discuss how external factors such as Value of nonresidential construction in Ontario and Local and provincial government expenditure in Ontario in the Road, Highway & Bridge Construction in Ontario industry impact industry performance..

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    What's in this report

    What is the Road, Highway & Bridge Construction in Ontario Industry?

    This industry constructs new highways, streets, roads, bridges and airport runways (excluding elevated roadways). The industry also includes highway and street construction management operators and special-trade contractors that perform subcontract work on projects (e.g. grading, laying pavement, installing guardrails and installing public sidewalks). Establishments may subcontract some or all of the actual construction work.

    Industry Products
  • Road and highway construction
  • Maintenance and repair work
  • Bridge construction
  • Industry Activities
  • Highway and road construction
  • Existing road reconstruction and expansion
  • Driveway and toll road construction
  • Runway construction
  • Bridge construction
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Value of nonresidential construction in Ontario
  • Local and provincial government expenditure in Ontario
  • Value of residential construction in Ontario
  • Total vehicle-kilometres

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Road, Highway & Bridge Construction in Ontario Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Engineering Services in Canada

  • Key Selling Industries
  • Asphalt Manufacturing in Canada
  • Concrete Pipe & Block Manufacturing in Canada
  • Heavy Equipment Rental in Canada
  • Iron & Steel Manufacturing in Canada
  • Ready-Mix Concrete Manufacturing in Canada

  • Products & Services
  • Road and highway construction
  • Maintenance and repair work
  • Bridge construction
  • Chart: Road, Highway & Bridge Construction in Ontario Industry Products and Services Segmentation

  • Major Markets
  • Local and municipal government
  • Provincial government
  • Federal government
  • Private spending
  • Chart: Major Market Segmentation for the Road, Highway & Bridge Construction in Ontario Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Road, Highway & Bridge Construction in Ontario

  • Basis of Competition
    Barriers to Entry
    Aecon Group Inc., Canam Group Inc., EllisDon Corporation, Graham Group Ltd.,
  • Table: Aecon Group Inc. - financial performance
  • Table: Canam Group Inc. - financial performance
  • Table: EllisDon Corporation - financial performance
  • Table: Graham Group Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Road, Highway & Bridge Construction in Ontario Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Road, Highway & Bridge Construction in Ontario Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Value of nonresidential construction in Ontario (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Earthwork
  • The excavation and piling of earth in connection with construction projects.
  • Federal Crown Corporation
  • Federal corporations established by parliament that are shielded from constant legislative oversight, giving them greater freedom from direct political control.
  • Investing In Canada Plan
  • The federal governments latest infrastructure plan announced in 2016 and dedicating over $180.0 billion in funding for infrastructure projects over 12 years
  • Public-Private Partnership (Ppp)
  • A partnership where the public sector fully or partially hands over construction, financing and management of infrastructure to the private sector.
  • Shovel-Ready
  • Projects on which construction can begin immediately, resulting in the speedy employment of workers.
  • What Our Customers Say

    Why buy this report?

    The Road, Highway & Bridge Construction in Ontario market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Road, Highway & Bridge Construction in Ontario:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Road, Highway & Bridge Construction in Ontario market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Road, Highway & Bridge Construction in Ontario, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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