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Sports Stadium Construction in the US: Market Research Report

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

Sports Stadium Construction Market Research Report | Specialist Engineering, Infrastructure & Contractors | Commercial & Institutional Buildings | Jun 2014

Going the distance: Recovering government budgets will drive industry revenue

IBISWorld’s Sports Stadium Construction market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Hunt Constructon Hunt Constructon market share
MA Mortenson Co. MA Mortenson Co. market share
Turner Turner market share
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 09-14
-8.1%
Annual Growth 14-19
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Profit
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Employment
15,212
Businesses
1,992
Industry Analysis & Industry Trends

This industry constructs stadiums for football, baseball, soccer, basketball and other sports events. Over the past five years, the Sports Stadium Construction industry underwent a period of contraction, as demand for industry projects fell. Most of the industry's demand originates either from educational institutions, such as high schools and universities, or commercial sports enterprises, such as sports franchises and leagues. In either case, the public sector is usually heavily involved in providing funds and incentives for the construction of stadiums; as a result, demand tends to rise and fall in line with the availability of government funds.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Sports Stadium Construction industry is fragmented, with the top four companies accounting for slightly over one-fourth of industry revenue in 2014. While there are larger companies, like Turner Construction Company, with nationwide coverage and robust scale, most industry participants are contractors that serve a local region. Furthermore, mirroring the overall construction sector, an overwhelming majority of establishments employ fewer than 10 people, which makes the fragmented nature of the industry more apparent. In addition to contractors, the existence of subcontractors, which are individuals or companies that perform part or all of the obligations in another company's contract, keeps market share concentration low... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Sports Stadium Construction Industry?

This industry constructs stadiums for football, baseball, soccer, basketball and other sports events.

Industry Products
New constructionAdditions, alterations and reconstructionMaintenance and repair
 
Industry Activities
Building new sports stadiums, arenas and fields. Renovating and altering sports stadiums, arenas and fields. Maintaining sports stadiums, arenas and fields.


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