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 - Starting a New Business Chapter
The barriers to entry for the Sports and Athletic Field Construction industry are moderate because of the capital equipment and skilled labor force required. However, the low degree of market share concentration allows for easier entry into the industry. While the largest players do not dominate the market, they have several competitive advantages over new entrants, primarily because of their established brand.
For example, the Chicago Cubs selected industry firm Bush Turf in part because of referrals made by several Major League Baseball teams like the Los Angeles Dodgers. While large firms may have dominant brand names, there is still room for other operators. Continued product innovation has bolstered demand for industry services... purchase to read more