Surveying Growth: Demand is Expected to Recover as Confidence Improves and Construction Resumes
Quantity surveyor revenue is tied to UK construction activity, earning a fee or commission based on the cost of the construction development project. A volatile economic environment has been reflected in revenue and profitability, with quantity surveyors having to adjust to shifting circumstances quickly. Brexit weakened property investment and transaction volumes, with many construction developers tightening budgets and postponing risky projects. Bricklayer and quantity surveyor shortages delayed many projects and limited the ability of surveyors to bid competitively on large projects.
Quantity surveyors provide cost planning and commercial management of construction projects. This includes risk management and procurement advice. Research and development activities are excluded from the industry.
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's key players and their market shares.
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Methodology
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