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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 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
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 Products Chapter

New construction

Although very few new stadiums are built in any given year, new stadiums can cost anywhere from several million dollars to over $1.0 billion. Consequently, this segment constitutes the largest service segment for builders. In the five years to 2014, the price of key material inputs, including steel and ready-mix concrete, has fluctuated drastically and increased overall. For instance, according to data sourced from the US Bureau of Labor Statistics, the world price of steel is anticipated to increase at an average annual rate of 2.4%, while the price of ready-mix concrete is expected to rise an annualized 1.3% over the five years to 2014... 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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