Heavy Engineering Construction in Florida - Industry Market Research Report

  • ID: 4578547
  • Report
  • Region: Florida
  • 30 pages
  • IBISWorld
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Heavy gains: Florida industry revenue will be supported by a growing construction sector

FEATURED COMPANIES

  • Balfour Beatty plc
  • Skanska AB
  • Walsh Group
  • MORE

Heavy Engineering Construction in Florida

Over the past five years, rising demand from private nonresidential construction markets has bolstered revenue for the Heavy Engineering Construction industry in Florida. The value of private nonresidential construction in Florida has accelerated over the past five years, while local and state government expenditure in Florida has increased as well, boosting demand from the public projects market segment. Industry revenue has been bolstered over the past five years by surges in mass transit and port and harbor facility construction, particularly. Over the five years to 2022, the industry is expected to continue to expand. Growth is anticipated to be driven by an acceleration in state and local government expenditure, as well as increased levels of private investment moving forward.

Operators in this industry are primarily engaged in heavy and engineering construction projects, with the exception of highway, street, bridge and airport construction. Work performed includes new work, reconstruction, rehabilitation and repairs. The industry also includes specialty trade contractors, if they are primarily active in activities related to engineering construction projects. Construction projects include waterworks, marine facilities development and open space improvement.

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.

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FEATURED COMPANIES

  • Balfour Beatty plc
  • Skanska AB
  • Walsh Group
  • 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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  • Skanska AB
  • Turner Construction Company
  • Walsh Group
  • Balfour Beatty plc
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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