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Architects in the US - Industry Market Research Report

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    Report

  • 53 Pages
  • October 2022
  • Region: United States
  • IBISWorld
  • ID: 312939

Soundly built: Increased access to credit and per capita disposable income are expected to benefit the industry

The Architects industry derives the bulk of its revenue from nonresidential building design. Revenue is generated in large part from fee-based contracts for pre-planning and design services related to construction and building projects. The construction market has been the principal driver for revenue growth over the five years to 2019. Furthermore, the values of both nonresidential and residential construction have expanded over the past five years, resulting in an increased need for architectural design services. Alongside low interest rates, rising per capita disposable income and corporate profit have encouraged individuals and companies to invest in new structures that require architectural services. As a result, industry revenue has increased during the current period. Over the five years to 2024, industry revenue is forecast to continue to rise as operators will likely continue to benefit from demand from nonresidential and residential construction projects. Operators in the Architects industry 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.

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 Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Gensler
  • HKS Inc.
  • Stantec Inc.
  • M. Arthur Gensler Jr. & Associates, Inc.
  • Arquitectonica International Corporation
  • Corgan Associates Inc.
  • PBK Inc.
  • RS&H Inc.

Methodology

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