Industry Analysis & Industry Trends
The Sports and Athletic Field Construction industry has endured a difficult five years, as it continued to feel the burden of the construction market collapse and subsequent recession. Some sports venues reduced investment in upgrades, while colleges and other educational markets postponed projects. In the coming years, the industry is expected to enter a period of growth. As economic growth gains steam, construction projects are projected to revive across the industry's downstream markets.... purchase to read more
Industry Report - Industry Investment Chapter
The Sports and Athletic Field Construction industry is characterized by a medium level of capital intensity. Firms rely heavily on labor and capital equipment to perform construction projects. IBISWorld estimates that, per year, the industry allocates roughly $0.23 toward capital for every dollar spent on labor. The industry is considered to have a moderate level of labor intensity relative to the general economy and a low level compared with the construction sector.
High-cost capital equipment (e.g. earthmoving machinery) is used in the preparation and laying stage of sports field construction, and most large-scale firms have significant sunken capital in the latest technology... purchase to read more