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Land Development in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Land Development Market Research Report | NAICS 23721 | Mar 2013

Back from the brink: The industry will rebound with the return of investment in building construction markets

IBISWorld’s Land Development market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$21bn
Annual Growth 08-13
-0.7%
Annual Growth 13-18
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Profit
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Employment
74,609
Businesses
27,394
Industry Analysis & Industry Trends

Construction for construction

The Land Development industry's fate is tied to those of its downstream construction markets. About two-thirds of industry revenue is generated by residential construction, which took a massive hit during the recession. Industry players that focus on industrial construction weathered the storm, though, and kept the industry as a whole on solid footing. As construction markets rebound and rising exports drive a need for more manufacturing space, the industry will perform well over the next five years... purchase to read more

Industry Report - Starting a New Business Chapter

The Land Development industry has low barriers to the entry as independent land holders can effectively enter for a limited period to speculatively develop and market small parcels of land. Competitors are continuously entering and exiting the land subdivision and development market although in order to maintain long term participation in this industry, firms must either establish a solid reputation for workmanship or purchase land for in-house development and sale.

Start-up costs, in terms of capital equipment requirements, are minimal as operators typically subcontract specialist development work or lease heavy construction equipment on a piecemeal basis... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Land Development Industry?

Establishments in this industry primarily service land (except cemeteries), subdivide real properties into lots and develop building lots to sell to builders. Servicing of land may include excavation work for the installation of roads and utility lines. Land subdivision precedes building activity, and establishments often subcontract work to others (e.g. specialist excavation contractors).

Industry Products
Developing and subdividing operator-owned landDeveloping and subdividing customer-owned landOther construction activities (e.g. driveways and excavating)Other secondary business (e.g. realty commissions, rent or leases)
 
Industry Activities
Subdividing real property (except cemeteries) into lots for saleDeveloping real property for sale (planning, amenities and power)Land acquisition, assembling and subdivisionLand subdivision and utility installation (e.g. electric, water and sewer)


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