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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 | Mar 2014

Powering up: Rising demand from energy and mining clients will strengthen revenue and profit

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
$30bn
Annual Growth 09-14
4.4%
Annual Growth 14-19
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Profit
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Employment
210,466
Businesses
25,549
Industry Analysis & Industry Trends

Industry operators have benefited from the strengthening value of oil and mined commodities in recent years. Energy and mining clients have increasingly requested industry services to expand operations or improve efficiency to meet renewed demand. Industry operators will likely continue to benefit from strong investment in nonresidential construction during the next five years. Although federal funding for infrastructure is projected to decline, private investment should improve along with the broader economy... purchase to read more

Industry Report - Industry Products Chapter

Given the breadth of markets that demand engineering in one form or another, industry operators provide a wide variety of services, including design services on construction and industrial processes. Furthermore, many operators have started providing a multitude of value-added services in order to be more competitive, including operations and maintenance.

Infrastructure and environmental services

Estimated to account for 30.0% of industry revenue, the largest service segment is infrastructure and environmental services. This segment has increased as a share of revenue over the past five years because the Canadian government has focused on addressing the country's infrastructure and worked to stimulate a struggling economy... 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 the construction or installation phase; inspecting and evaluating engineering projects; and other related services.

Industry Products
Infrastructure and environmental servicesPower and energy servicesMining and chemical servicesOperations and maintenance
 
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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