Commercial Building Construction in Illinois - Industry Market Research Report

  • ID: 4578335
  • Report
  • Region: Illinois
  • 30 pages
  • IBISWorld
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High rise: Improving macroeconomic conditions have led to a massive industry rebound

FEATURED COMPANIES

  • Clayco Inc.
  • Gilbane Building Company
  • Skender Construction
  • MORE

Commercial Building Construction in Illinois

Revenue for Illinois' Commercial Building Construction industry has grown substantially over the five years to 2017, recovering from its lowest levels in over a decade. Falling unemployment and improving business sentiment among the consumer discretionary sector of the economy, along with accommodating interest rates maintained by the Federal Reserve, led many businesses to expand, directly increasing industry workload and revenue. Demand from key downstream markets is anticipated to moderate somewhat over the five years to 2022. While most of the particular set of macroeconomic ingredients necessary to facilitate industry growth are expected to persist during the outlook period, the industry will continue to face structural issues that plague Illinois' economy as a whole.

This industry includes those companies primarily responsible for work on the construction (i.e. new construction, additions, alterations, maintenance and repairs) of office, retail, hotel, agricultural and entertainment buildings. Participants are general contractors or project managers. This industry excludes institutional buildings (e.g. hospitals and schools), heavy industrial buildings (e.g. factories and power plants) or infrastructure (e.g. communications towers or oil pipelines).

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.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Clayco Inc.
  • Gilbane Building Company
  • Skender Construction
  • MORE
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
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  • Turner Construction Company
  • Gilbane Building Company
  • Clayco Inc.
  • Skender Construction
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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