Heavy Infrastructure Construction in the US Industry Market Research Report from IBISWorld Has Been Updated

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Going forward, continued improvements in the US economy, private-sector development and state and local governments' infrastructure funding will boost industry performance. For these reasons, industry research firm IBISWorld has updated a report on the Heavy Infrastructure Construction industry in its growing industry report collection.

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Federal aid shielded the industry from the large declines faced by the construction sector.

The Heavy Infrastructure Construction industry is large and multifaceted. About 32.5% of annual revenue is derived from work on transport infrastructure projects (including marine transport, mass transit and railroad and highway infrastructure). Other important areas of industry activity include conservation and development projects (e.g. land reclamation and soil detoxification) and work on recreational infrastructure projects.

“As with most construction industries, heavy infrastructure contractors suffered losses during the Great Recession,” according to IBISWorld Industry Analyst Deonta Smith. Over the five years to 2013, industry revenue is expected to drop an average of 1.4% annually to $43.7 billion. This includes the anticipated decline of 0.9% in 2013, as private spending levels wane due to rising interest rates.

“The industry is highly fragmented, comprising of many small-scale contractors that service regional or niche construction markets,” says Smith. The largest industry firms include some of America's leading construction companies, but each accounts for less than 7.0% of annual industry revenue. These firms include: Bechtel Group, AECOM Technology Corporation, URS Corporation, the Walsh Group and Kiewit Corporation.

Going forward, continued improvements in the US economy, private-sector development and state and local governments' infrastructure funding will boost industry performance. Demand for heavy infrastructure construction is also set to get a boost from increased private nonresidential expenditure. Subsequently, industry employment is forecast to slightly increase.

For more information, visit IBISWorld’s Heavy Infrastructure Construction in the US industry report page.

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IBISWorld industry Report Key Topics

Firms in the Heavy Infrastructure Construction industry are responsible for the construction of a range of infrastructure projects, including: athletic fields, dams, docks, drainage projects, golf courses, parks, hydroelectric plants, subways and other mass transit projects. Establishments may include: heavy construction general contractors, design builders, engineer-constructors and joint-venture contractors.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Gavin Smith
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