Overview

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

The Architects in Texas industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

REPORT SNAPSHOT

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

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    Industry Analysis & Industry Trends

    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...

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    Industry Report - Starting a New Business Chapter

    Barriers to entry into the industry are relatively low. The largest barrier presents itself in the form of state-based registration of boards that will oversee and ensure that architects have the required knowledge to perform their tasks. Registration requires candidates to hold qualifications and take a written test of knowledge and skills related to architecture. Beyond the knowledge required to be an architect, industry operators require a minimal amount of capital investment. Architectural design software and computers represent typical purchases for sole-proprietorship architectural operations.

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    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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    Look under the hood?

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    Industry Products

    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

    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
  • 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

  • Products & Markets
    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
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesOther
  • 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

  • Major Companies
    Corgan Associates Inc.HKS Inc.Jacobs Engineering GroupPBK Inc.
  • Table: Corgan Associates Inc. - financial performance
  • Table: HKS Inc. - financial performance
  • Table: Jacobs Engineering Group - financial performance
  • Table: PBK Inc. - financial performance

  • Operating Conditions
    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
    Key Statistics
    Table: Industry Data for the Architects in Texas Industry
    Includes:
  • 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
    Jargon & Glossary
    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.
  • 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 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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