Industry Analysis & Industry Trends
The Oil and Gas Pipeline Construction industry has performed well largely due to heavy investment in natural gas and oil infrastructure construction, despite the recession and high levels of volatility. Looking forward, the industry is projected to experience strong demand, as new natural gas resources require expansion of existing pipelines; however, the falling price of fuel may pose a threat to producers, who can no longer afford the construction of new pipelines... purchase to read more
Industry Report - Starting a New Business Chapter
This industry has medium barriers to entry, principally associated with the entrenched existing players in regional markets and the complex nature of construction in specialized segments, such as offshore construction. This industry's economies of scale are limited due to the geographic dispersal of contracts and because large-scale contractors generally need to have representation across several localized markets. However, new entrants can compete effectively on smaller-scale local contracts, particularly maintenance and repair work on pipelines.
Nonetheless, the technical complexity of oil and gas pipeline and related infrastructure projects can effectively restrict the entry of new competitors... purchase to read more