Green building: Steady growth in the Canadian real estate market will likely drive industry revenue

Buoyed by a modest expansion in the Canadian real estate market and increased residential and public investment in nonresidential construction, revenue in the Architects industry in Canada is expected to increase. Firms in this industry are primarily engaged in the planning and design of buildings and other structures. Consequently, industry revenue is tied to the health of the real estate market. Positive long-term trends, such as an aging, urbanizing and progressively wealthy population, helped spur demand for residential construction, especially in metropolitan areas, which boosted revenue for architectural services. Steady growth in the Canadian real estate market will likely drive industry revenue over the five years to 2023...read more.

Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 13-18
1.6%
Forecast Growth 18-23
Profit
Employment
20,191
Businesses
6,990

Industry Threats & Opportunities

  • Steady growth in the Canadian real estate market will likely drive industry revenue
  • Industry revenue has been propelled by an increase in government spending on infrastructure
  • An increase in industry operators will lead to heightened competition
  • Industry Report - Industry Locations Chapter

    Demand for architects is ultimately dependent on the financial, demographic and economic trends that affect the construction industry. As a result, the geographic spread of industry activity generally corresponds with the distribution of economic and construction activity across Canada, with a skewed representation of activity in major metropolitan areas. According to Statistics Canada, four provinces, Ontario, Quebec, British Columbia and Alberta, accounted for over 90.0% of total industry revenue.The same four provinces comprise the highest proportion of industry activity in terms of establishment concentration. In 2018, Ontario is expected to account for 38.5% of industry establishments. Ind...purchase to read more.

    Additional Insights for the Architects Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Architects Industry are

  • Having contacts within key markets
  • Access to highly skilled workforce
  • Ability to quickly adopt new technology
  • IBISWorld analysts also discuss how external factors such as Value of nonresidential construction and Value of residential construction in the Architects industry impact industry performance..

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    What's in this report

    What is the Architects Industry?

    This industry plans and designs residential, institutional, leisure, commercial and industrial buildings and structures by applying their knowledge of design, construction procedures, zoning regulations, building codes and building materials.

    Industry Products
  • Office buildings
  • Retail and restaurant
  • Healthcare institutions
  • Educational institutions
  • Other nonresidential buildings
  • Single family
  • Multi-family
  • Industry Activities
  • Architectural (except landscape) consulting services
  • Architectural (except landscape) design services
  • Architectural (except landscape) services
  • Building architectural design services
  • Drafting services
  • 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
  • Value of residential construction
  • Corporate profit
  • Housing starts
  • Overnight rate

  • Current Performance
  • Slow expansion
  • Depressed nonresidential markets
  • Commercial construction stabilizes in other sectors
  • Going green
  • Chart: Revenue Growth

  • Industry Outlook
  • Increased investment will boost demand
  • Competition
  • Table: Architects Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Architects Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Industrial Building Construction in Canada
  • Hotels & Motels in Canada
  • Full-Service Restaurants in Canada
  • Public Administration in Canada
  • Commercial Building Construction in Canada
  • Municipal Building Construction in Canada
  • Public Schools in Canada
  • Private Schools in Canada

  • Key Selling Industries
  • Engineering Services in Canada
  • Interior Designers in Canada
  • Laboratory Testing Services in Canada

  • Products & Services
  • Other
  • Other nonresidential buildings
  • Multi-family
  • Office buildings
  • Educational institutions
  • Healthcare institutions
  • Retail and restaurant
  • Single family
  • Chart: Architects Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Businesses
  • Governments, not-for-profit organizations and public institutions
  • Homeowners and individuals
  • Chart: Major Market Segmentation for the Architects Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases and depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Architects

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Architects Industry

  • Industry Globalization
    IBI Group Inc.,
  • Table: IBI Group Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Architects 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 Architects 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 (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Computer-Aided Design (Cad)
  • The use of computer technology to aid in the design and drafting of a part or product using software tools that can create two-dimensional drawings or three-dimensional models.
  • Green Building
  • A building designed to reduce environmental impact and be resource efficient.
  • Leadership In Energy And Environmental Design
  • Also known as LEED, an environmental building certificate program established under the US Green Building Council that certifies buildings that meet energy-efficiency and green requirements.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Architects market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    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 Architects:
    • 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 Architects 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 Architects, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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