Government infrastructure investment has underpinned demand for civil engineering project construction and robust housebuilding activity has supported demand for enabling works for new housing developments. Contractors' revenue is forecast to increase at a compound annual rate of 2.8% to reach £40.6 billion over the five years through 2022-23.Bad Construction: Industry Revenue is Forecast to Decline In 2022-23 Due to Falling Business Confidence
Operators are contracted to provide ancillary engineering solutions not classified elsewhere, including the construction of facilities not classed as buildings like refineries; enabling works and land subdivision with improvement such as footpath construction and adding residential utility infrastructure; and miscellaneous engineering services. This industry excludes land subdivision without improvement and the construction of distinct critical infrastructure such as main network roads.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY
INDUSTRY PERFORMANCE
PRODUCTS & MARKETS
COMPETITIVE LANDSCAPE
OPERATING CONDITIONS
KEY STATISTICS
Methodology
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