Blue print: Rising construction markets will foster strong industry revenue growth

Over the past five years, the Architects industry in Texas has performed well due to increasing construction activity. This trend is expected to continue over the next five years, as rising private nonresidential and residential construction activity place upward pressure on demand. Additionally, continued improvements in the Texas economy will further bolster industry revenue over the period. However, industry revenue is projected to grow at a slower rate than the past five years as construction activity slows down. Moreover, industry operators will compete for market share, forcing them to reduce prices...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22

Industry Threats & Opportunities

  • Rising construction activity will bolster demand for architecture services in Texas
  • Rising corporate profit has also had a positive effect on demand for architects.
  • Growth in the number of businesses will bolster demand for architecture services
  • Industry Report - Industry Investment Chapter

    Architectural services have a low level of capital intensity. In 2017, IBISWorld estimates that firms in the Architects industry in Texas will spend about $0.02 on equipment and machinery for every dollar spent on wages. The industry is knowledge-based and uses specialized professional skills and creativity to give clients design and planning solutions. Over the past five years, wage costs have increased slightly as a portion of industry revenue, as the increasing use of computer-aided design (CAD) and advanced computer technology have allowed industry firms to operate more efficiently. However, labor remains integral to industry operations...purchase to read more.

    Additional Insights for the Architects in Texas Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Architects in Texas Industry are

  • Having a clear market position
  • Ability to compete on tender
  • Ability to quickly adopt new technology
  • IBISWorld analysts also discuss how external factors such as Corporate profit and Prime rate in the Architects in Texas industry impact industry performance..

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    What's in this report

    What is the Architects in Texas Industry?

    Architects plan and design residential, institutional, recreational, commercial and industrial buildings and structures by applying their knowledge of design, construction procedures, zoning regulations, building codes and building materials.

    Industry Products
  • Nonresidential building projects
  • Residential building projects
  • Industry Activities
  • Architectural (except landscape) consulting services
  • Architectural (except landscape) design services
  • Architectural (except landscape) services
  • Building architectural design services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Corporate profit
  • Prime rate
  • Value of private nonresidential construction in Texas
  • Value of residential construction in Texas

  • Current Performance
  • Construction activity
  • Corporate profit
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Rising construction activity
  • Prime rate
  • Industry landscape
  • Table: Architects in Texas Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Architects in Texas Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Construction
  • Retail Trade
  • Professional, Scientific and Technical Services
  • Educational Services
  • Arts, Entertainment and Recreation
  • Accommodation and Food Services
  • Public Administration

  • Key Selling Industries
  • Engineering Services
  • Landscape Design
  • Surveying & Mapping Services

  • Products & Services
  • Nonresidential building projects
  • Other
  • Residential building projects
  • Chart: Architects in Texas Industry Products and Services Segmentation

  • Major Markets
  • Private businesses
  • Government organizations
  • Not-for-profit organizations
  • Individuals
  • Other
  • Chart: Major Market Segmentation for the Architects in Texas Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Architects in Texas

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Architects in Texas Industry

  • Corgan Associates Inc., HKS Inc., Jacobs Engineering Group Inc., PBK Inc.,
  • Table: Corgan Associates Inc. - financial performance
  • Table: HKS Inc. - financial performance
  • Table: Jacobs Engineering Group Inc. - financial performance
  • Table: PBK Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Architects in Texas Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Architects in Texas Industry
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Value of private non-residential construction (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    American Institute Of Architects (Aia)
  • The national professional association of architects.
  • Computer-Aided Design (Cad)
  • The use of computer technology to aid in the design and drafting of a part or product using software tools that can create two-dimensional drawings or three-dimensional models.
  • Green Building
  • A building designed to reduce environmental impact and be resource efficient.
  • Leadership In Energy And Environmental Design
  • Also known as LEED, an environmental building certificate program established under the US Green Building Council that certifies buildings that meet energy-efficiency and green requirements.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industry Market Report on Architects in Texas is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    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 Architects in Texas:
    • 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 Architects in Texas 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 Architects in Texas, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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