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Engineering Services in Virginia - Industry Market Research Report

  • ID: 4659514
  • Report
  • September 2018
  • Region: United States
  • 21 pages
  • IBISWorld
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Bombs away: After a period of decline, industry revenue will grow with rising defense spending

FEATURED COMPANIES

  • AECOM
  • Bechtel Corporation
  • Fluor Corp.
  • MORE

Engineering Services in Virginia

Operators in the Engineering Services industry in Virginia 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. Over the five years to 2018, the industry has declined as a result of falling federal funding for defense. However, the effects of declining federal funding for defense was somewhat mitigated by growth in state and local spending. Over the five years to 2023, the Engineering Services industry in Virginia is projected to make a strong recovery. Federal defense and local and state spending are projected to increase, positively affecting revenue growth.

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.

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

  • AECOM
  • Bechtel Corporation
  • Fluor Corp.
  • 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
Note: Product cover images may vary from those shown
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  • AECOM
  • Bechtel Corporation
  • Fluor Corp.
  • Jacobs Engineering Group Inc.
Note: Product cover images may vary from those shown
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