SEARCH   
MEMBER LOGIN    

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 | Jan 2016

Built to last: The industry will continue expansion despite declining public investment

IBISWorld’s Engineering Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$30bn
Annual Growth 10-15
3.3%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
196,290
Businesses
29,057
Industry Analysis & Industry Trends

The Engineering Services industry has expanded overall in the five years to 2015. 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 operators rely. The energy sector will consequently increase in importance to the industry over the next five years... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

This industry is in the mature phase of its life cycle. Industry value added, which measures an industry's contribution to GDP, is projected to increase at an average annual rate of 3.6% during the 10 years to 2020. In comparison, GDP is expected to grow at an annualized rate of 2.1% during the same 10 year-period. Industries that grow at a similar rate as GDP are considered to be mature. Growth is expected to be slightly faster over this period as the industry recovers from a dip in demand caused by anemic private investment during the recession. In addition, downstream businesses have widely accepted and adopted the industry's services, further boosting demand.

Additionally, the industry will receive some stimulus from increasing demand for environmentally friendly projects... 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


View Sample
Quote
Select Clients