Engineering Services in Illinois - Industry Market Research Report

Building Up: Industry growth has been driven by an increase in private nonresidential construction

Engineering Services in Illinois

Over the five years to 2017, growth in the Engineering Services industry in Illinois has been primarily driven by private nonresidential construction projects in the commercial building, office space and lodging segments, which have all exhibited double-digit growth. Within the public sector, industry growth has been boosted by moderate growth in the healthcare, amusement and recreation and transportation segments. Operations in the Engineering Services industry in Illinois are expanding, contrasting the national industry's trend toward consolidation. This is most prominently displayed by stable growth in establishments and enterprises. Over the five years to 2022, the industry is anticipated to slow, partially in response to the slowing growth of nonresidential construction in Illinois. Though, investment activity by the federal government is expected to increase, which will benefit the industry's public and institutional projects segment.

Industry establishments apply the physical laws and principles of engineering in designing, developing and using machines, materials, instruments, structures, processes and systems. These services may involve providing advice, preparing feasibility studies, preparing plans and designs, providing technical services during construction or development, inspecting and evaluating engineering projects and providing other related services.

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.