Just build it: Increasing aggregate private investment will foment expansion efforts

The Engineering Services industry in Ontario has grown consistently over the five years to 2019, as investment heightened and demand for services thrived. This industry provides advice, design, feasibility studies and technical services for a variety of projects. Therefore, the level of economic activity has a strong influence on the industry's performance since it dictates the origination of major projects that demand engineering services. Vigorous local and provincial government expenditure in Ontario has driven revenue growth through the origination of major infrastructure projects. Investment for major projects by the private sector has been particularly important for the industry's growth since private businesses account for the majority of the industry's demand...read more.

Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 14-19
3.0%
Forecast Growth 19-24
Profit
Employment
37,675
Businesses
9,697

Industry Threats & Opportunities

  • The private sector is expected to drive demand for the industry’s services as the economy remains stable
  • Industry Report - Industry Locations Chapter

    Ontario accounts for the largest share of business locations with an estimated 32.1% of all industry establishments in Canada. This is primarily the result of the industry's economic weight in Canada, with Ontario accounting for an estimated 35.2% of the country's gross domestic product (GDP). Downstream demand of the industry's services is tied to the level of economic activity that promotes projects that require engineering services, so most companies will locate close to where there is significant economic activity. Consequently, most locations are in metropolitan centres where many projects are sourced, particularly for services in the areas of infrastructure and commercial building. For example, SNC-Lavalin Group Inc. has...purchase to read more.

    Additional Insights for the Engineering Services in Ontario Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Engineering Services in Ontario Industry are

  • Ability to compete on tender
  • Access to highly skilled workforce
  • Having a good reputation
  • IBISWorld analysts also discuss how external factors such as Local and provincial government expenditure in Ontario and Value of nonresidential construction in Ontario in the Engineering Services in Ontario industry impact industry performance..

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    What's in this report

    What is the Engineering Services in Ontario Industry?

    Establishments in this industry apply the physical laws and principles of engineering in the design, development and use of machines, materials, instruments, structures, processes and systems. Industry services involve providing advice; preparing plans, designs and feasibility studies; providing technical services during construction or installation activities; inspecting and evaluating engineering projects; and other related services.

    Industry Products
  • Energy, mining, metals and chemicals
  • Residential, commercial and institutional
  • Power generation
  • Transportation
  • Advisory, project management, environmental and other
  • Industry Activities
  • Designing and managing construction and engineering infrastructure projects
  • Project planning and providing economic assessments
  • Providing feasibility studies, including environmental impact assessment and community consultation
  • Providing design and management services for industrial processes and equipment
  • Table of Contents

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

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Engineering Services in Ontario Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Natural Gas Distribution in Canada
  • Water Supply & Irrigation Systems in Canada
  • Industrial Building Construction in Canada
  • Road & Highway Construction in Canada

  • Key Selling Industries
  • Accounting Services in Canada
  • Law Firms in Canada
  • Software Publishing in Canada
  • Surveying & Mapping Services in Canada

  • Products & Services
  • Advisory, project management, environmental and other
  • Residential, commercial and institutional
  • Transportation
  • Power generation
  • Energy, mining, metals and chemicals
  • Chart: Engineering Services in Ontario Industry Products and Services Segmentation

  • Major Markets
  • Private businesses
  • Government, individuals and nonprofit organizations
  • Sales outside of Canada
  • Individuals
  • Chart: Major Market Segmentation for the Engineering Services 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 Engineering Services in Ontario

  • Basis of Competition
    Barriers to Entry
    Hatch Ltd., Golder Associates Inc., SNC-Lavalin Group Inc., AECOM,
  • Table: Hatch Ltd. - financial performance
  • Table: Golder Associates Inc. - financial performance
  • Table: SNC-Lavalin Group Inc. - financial performance
  • Table: AECOM - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Engineering Services 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 Engineering Services in Ontario Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • value of nonresidential construction in Ontario (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Cad
  • Short for computer-assisted design. The use of computer technology to aid in creating, modifying, analyzing or optimizing a design.
  • Industrial Engineering
  • Engineering that is focused on optimizing complex processes or systems, including labour, production methods, materials and the inventory of finished products.
  • Nonemployer
  • A sole proprietorship that is one enterprise, one establishment and one employee.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Engineering Services in Ontario market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    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 Engineering Services 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 Engineering Services 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 Engineering Services 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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