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Engineering Services in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Engineering Services in Canada Market Research Report | NAICS 54133CA | Feb 2015

Built to last: Industry will continue expansion despite declining public investment

IBISWorld’s Engineering Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$28bn
Annual Growth 10-15
2.3%
Annual Growth 15-20
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Profit
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Employment
200,349
Businesses
24,883
Industry Analysis & Industry Trends

The Engineering Services industry has expanded overall in the five years since 2010. In the beginning of the period, increased public spending on transportation infrastructure boosted demand for related industry services; however, revenue growth has been inconsistent because government spending slowed in 2013 and 2014. Investor fears of high household debt and a potential real estate bubble have also tempered investment in commercial and industrial construction projects, upon which engineering services firms rely. The energy sector will consequently increase in importance to the industry over the next five years... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Engineering Services industry is characterized by many small establishments that typically operate in a regional market or specialize in niche activities. Consequently, the industry has a low level of concentration, with the four largest companies estimated to account for 13.9% of industry revenue in 2015. Furthermore, sole proprietors largely make up the industry. According to Canadian Business Patterns data, nonemployers account for 55.8% of industry enterprises, with nearly 91.0% of enterprises employing fewer than 10 people. Large companies, such as SNC-Lavalin, are rare: firms with more than 100 employees account for just 0.9% of total industry operators... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Engineering Services Industry?

Establishments in this industry apply the physical laws and principles of engineering in the design, development and use of machines, materials, instruments, structures, processes and systems. Industry services involve providing advice; preparing plans, designs and feasibility studies; providing technical services during construction or installation activities; inspecting and evaluating engineering projects; and other related services.

Industry Products
Industrial and manufacturing servicesTransportation servicesPower generation servicesCommercial and institutional servicesMunicipal utility servicesIndependent project advisory and project management servicesResidential servicesOther services
 
Industry Activities
Designing and managing construction and engineering infrastructure projectsProject planning and providing economic assessments Providing design and management services for industrial processes and equipment Providing feasibility studies, including environmental impact assessment and community consultationDesign and management for environmental projectsProviding chemical and electrical engineering services


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