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Heavy Engineering Construction in Northwest Territories

Author.Name IBISWorld Canada Last Updated: March 2025 NAICS NT23799CA

Heavy Engineering Construction in Northwest Territories industry analysis

Revenue for the Heavy Engineering Construction industry in Northwest Territories is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has stagnated an annualized x% to xx locations over the past five years. Industry employment has increased an annualized x.x% to xxx workers during the period, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to decline -x.x% to xx locations over the next five years. Industry employment is expected to increase an annualized x.x% to xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Heavy Engineering Construction in Northwest Territories Market Research Report

What’s Included in the Heavy Engineering Construction in Northwest Territories Market Research Report

Definition of the Heavy Engineering Construction in Northwest Territories?

The industry is engaged in heavy engineering construction projects, with the exception of highway, street, waterworks infrastructure and bridge construction. Work performed includes new construction, reconstruction, rehabilitation and repairs. The industry also includes specialty trade contractors if they primarily participate in activities related to engineering construction projects. Construction projects include the development of marine facilities, tunnels, railways and parking lots.

What’s included in the Heavy Engineering Construction in Northwest Territories?

The Heavy Engineering Construction in Northwest Territories includes marine construction and repair , mass transit construction , harbour and port facility construction and repair, conservation and development construction , outdoor area development and construction, hydroelectric plant construction, power plant construction and tunnel construction. Related terms covered in the Heavy Engineering Construction in Northwest Territories industry report includes refers to the act of preserving or protecting natural resources and lands, refers to transportation systems designed to move large volumes of individuals at the same time and electricity generated using the energy of moving water.

Industry Performance of the Heavy Engineering Construction industry in Northwest Territories

Benchmark the Heavy Engineering Construction in Northwest Territories industry performance with all NT Census Metropolitan Area and national performance.

Heavy Engineering Construction in Northwest Territories

#12 in Highest Revenue 0.3% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Heavy Engineering Construction in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Heavy Engineering Construction industry in Northwest Territories

See how key industry drivers, such as population, median houshold income, gross domestic product, aggregate private investment, government consumption and investment and value of nonresidential construction are impacting Heavy Engineering Construction in Northwest Territories

Northwest Territories Economic Indicators

Population
Median Houshold Income
Gross Domestic Product

View more economic information in NT State Economic profile

Canada Key External Drivers

Aggregate private investment
Government consumption and investment
Value of nonresidential construction

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Heavy Engineering Construction industry in Northwest Territories

Access proprietary data on Census Metropolitan Area in the Heavy Engineering Construction in Northwest Territories, such as Yellowknife. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Heavy Engineering Construction industry in Northwest Territories

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Heavy Engineering Construction industry in Northwest Territories in 2025?

The market size of the Heavy Engineering Construction industry in Northwest Territories is $226.2m in 2025.

How many businesses are there in the Heavy Engineering Construction industry in Northwest Territories in 2025?

There are 11 businesses in the Heavy Engineering Construction industry in Northwest Territories, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Heavy Engineering Construction industry in Northwest Territories grown or declined over the past 5 years?

The market size of the Heavy Engineering Construction industry in Northwest Territories has been declining at an average annual rate of -0.1% from 2020 to 2025.

How many employees in the Heavy Engineering Construction industry in Northwest Territories in 2025?

There are 118 employees in the Heavy Engineering Construction industry in Northwest Territories, which has been growing at an average annual rate of 3.8% from 2020 to 2025.