Town hall: Despite struggling municipal budgets, industry revenue will grow modestly

The Municipal Building Construction Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.


Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Annual Growth
Annual Growth

Industry Threats & Opportunities

  • Municipal governments have stalled funding for public structures, resulting in a revenue decline
  • Amid intensified competition, operators have increasingly opted to use subcontracted labor
  • Growth in the private sector will result in more public-private municipal construction partnerships
  • Industry Analysis & Industry Trends

    The Municipal Building Construction industry includes a wide range of noncommercial markets, including healthcare, education, religious buildings and government offices. Direct government funding accounts for almost all education and public building construction, while the private sector funds most healthcare construction. Since the industry heavily relies on government investment, it has struggled over the past five years amid diminished tax revenue and declining federal outlays. The largest factor affecting the industry is the tapering of federal assistance for construction related projects. As stimulus programs wind down, and the federal government pursues greater fiscal responsibility, the industry has been forced to rely more on sources of private investment.

    Industry Report - Industry Key Buyers Chapter

    The Municipal Building Construction industry is characterized by a low level of market share concentration. The industry is highly fragmented, as construction jobs are typically outsourced to a variety of different construction companies that are active in the corresponding state. In 2017, the three largest players in the industry accounted for less than 7.0% of market share. The Turner Corporation is currently the largest company in the industry, controlling 4.5% of industry market share due to its operations in educational and healthcare building construction. The

    Additional Insights for the Municipal Building Construction Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Municipal Building Construction Industry are

  • Ability to negotiate successfully with regulator
  • Must comply with government regulations
  • Good project management skills
  • IBISWorld analysts also discuss how external factors such as Local and state government investment and Value of private nonresidential construction in the Municipal Building Construction industry impact industry performance..

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    Industry Products

    What is the Municipal Building Construction Industry?

    This industry comprises contractors that are responsible for the complete construction (i.e. new work, additions, alterations and repairs) of institutional buildings, such as schools, hospitals, churches, civic centers and prisons. The industry also includes operators that perform construction management on institutional building projects. Types of operators include general contractors, design builders, engineer-constructors, joint-venture contractors and turnkey contractors.

    Industry Products
    General contracting services
    Remodeling contracting services
    Construction management services
    Other construction activities
    Industry Activities
    Church, synagogue, mosque, temple and related building construction
    Hospital, medical building and clinic construction
    Special medical and elderly care facility construction
    Prison and corrective center construction
    Law court construction
    Primary, secondary and tertiary educational building construction
    Preschool building construction
    Gallery and museum construction
    Community recreation, performance or meeting center construction
    Public park and campground construction

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Local and state government investment
  • Value of private nonresidential construction
  • Population
  • Yield on 10-year Treasury note

  • Current Performance
  • Public and private sectors
  • Employment and profit
  • End of assistance
  • Chart: Revenue Growth

  • Industry Outlook
  • Slow return to investment
  • Input prices
  • Increasing consolidation
  • Table: Municipal Building Construction Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Municipal Building Construction Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Educational Services
  • Healthcare and Social Assistance
  • Arts, Entertainment and Recreation
  • Religious Organizations
  • Public Administration

  • Key Selling Industries
  • Asphalt Manufacturing
  • Concrete Pipe & Block Manufacturing
  • Construction
  • Construction & Mining Equipment Wholesaling
  • Glass Product Manufacturing
  • Heavy Equipment Rental
  • Mineral Product Manufacturing
  • Professional, Scientific and Technical Services
  • Ready-Mix Concrete Manufacturing
  • Wholesale Trade

  • Products & Services
  • General contracting services
  • Construction management services
  • Remodeling contracting services
  • Other construction activities
  • Chart: Municipal Building Construction Industry Products and Services Segmentation

  • Demand Determinants
  • Determinants of public-sector investment
  • Determinants of private-sector investment
  • Determinants by type of building

  • Major Markets
  • Education sector
  • Healthcare sector
  • Recreation sector
  • Public safety sector
  • Religion sector
  • Chart: Major Market Segmentation for the Municipal Building Construction Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRent and utilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Municipal Building Construction

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Municipal Building Construction Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Municipal Building Construction Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Municipal Building Construction Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Yield on 10-year treasury note (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Development Consortium
  • A group of developers used to construct a building or complex.
  • Institutional Buildings
  • Buildings constructed for public benefit rather than commercial operations (e.g. schools, hospitals, prisons and museums). These buildings are generally funded by public or charitable organizations.
  • Public-Private Partnership
  • Refers to a venture that is undertaken by funding from both public and private organizations.
  • Tender
  • A written offer or bid to contract goods or services at a specified cost or rate.
  • Turnkey Contract
  • An agreement to construct a project through to its completion for end use.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Municipal Building Construction:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Municipal Building Construction market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Municipal Building Construction, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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