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Heavy Infrastructure Construction in the US
IBISWorld, April 2009, Pages: 44
This industry comprises: (1) establishments primarily responsible for the entire construction (i.e., new work, reconstruction, or repairs) of heavy non-building construction projects (except highway, street, bridge, tunnel, water lines, sewer lines, pipelines, power and communication transmission lines, and industrial non-building structures); (2) establishments identified as all other heavy construction management firms; (3) establishments primarily engaged in construction equipment rental with an operator; and (4) establishments identified as special trade contractors engaged in activities related primarily to all other heavy construction. Typical projects constructed by establishments in this industry include athletic fields, dams, dikes, docks, drainage projects, golf courses, harbors, parks, reservoirs, canals, sewage treatment plants, water treatment plants, hydroelectric plants, subways, and other mass transit projects. Establishments in this industry may subcontract some or all of the actual construction work. Kinds of establishments include heavy construction general contractors, design builders, engineer-constructors and joint-venture contractors. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are three year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Introduction
Solid foundations
Despite a period of more subdued conditions and continued divergent trends in key downstream infrastructure markets, the industry has managed to achieve strong growth over recent years. Demand for industry services have generally been supported by public investment into water, sewer, and conservation and development programs, all of which will continue to provide the impetus for further solid industry growth as the industry moves ahead.
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