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Industrial Building Construction in the US: Market Research Report

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

Industrial Building Construction Market Research Report | NAICS 23331 | Apr 2013

Building up: The economic recovery will bolster demand for industrial construction

IBISWorld’s Industrial Building Construction market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$34bn
Annual Growth 08-13
19.9%
Annual Growth 13-18
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Profit
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Employment
78,940
Businesses
1,977
Industry Analysis & Industry Trends

The Industrial Building Construction industry is expected to grow over the next five years as firms benefit from an improved economy and the reinvestment of corporate profit into new manufacturing and distribution structures and renovations. While lending standards will loosen over the next five years, interest rates are set to rise starting in 2013, thereby increasing the cost of new industrial development. Additionally, outsourcing basic manufacturing to countries with lower wages will become an increasing threat and hinder investment in domestic manufacturing structures. As a result, industry revenue is expected to grow moderately... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Industrial Building Construction industry has a low level of concentration, with the four largest firms accounting for less than 15.0% of total industry revenue. The industry is highly fragmented because the majority of firms are small operators that specialize in specific regions or sectors. About 3.0% of establishments employ at least 100 people, while 68.6% of businesses have fewer than 10 employees. There is only one major player because few firms generate enough income from industry-related tasks to account for more than 5.0% of total revenue.

In the five years to 2013, industry concentration is expected to rise as firms increasingly offer services across several states or metropolitan areas to lower downturn risks associated with local markets... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Industrial Building Construction Industry?

The industry is composed of contractors that are primarily responsible for the construction (e.g. new work, additions, alterations, maintenance and repairs) of industrial and manufacturing buildings. Establishments include general contractors, design-build firms and construction management operators.

Industry Products
RenovationsConstruction management servicesOther non-building construction servicesGeneral contractingSpecialty services
 
Industry Activities
New and industrial buildingsAlterations, additions or repairs to and industrial buildingsWaste and garbage disposal plant constructionFactory, plant and mill constructionIndustrial warehouses, cold and dry storage and distribution facilities constructionIndustrial laboratories and testing facilities constructionSpeculative industrial construction (i.e. building on own land for the purpose of sale)


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