Industry Analysis & Industry Trends
The Institutional Building Construction industry mainly constructs buildings where Australians learn, work, heal, socialise, exercise, pray and seek justice. The majority of work done in the institutional building market is undertaken by private contractors and funded by the public sector (state-based education and health authorities).
The principal segments of the total institutional building market in 2012-13 include educational facilities (47.3% of work done), health facilities (26.9%), aged-care facilities (5.7%), miscellaneous buildings, such as prisons and military barracks (18.6%), and religious buildings (1.5%)... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a low concentration of ownership, with the four largest contractors accounting for less than 20% of annual industry revenue. However, the industry has a less fragmented structure than most in the construction sector, with the 50 largest contractors generating about 60% to 70% of annual industry revenue. The industry is understood to have a higher concentration of activity than most of the building and construction sector, as few firms are capable of competing for the large-scale landmark projects (Federal Court buildings and hospital complexes) that typically dominate market trends.
Approximately one-third of total industry establishments employ fewer than 20 people and over 60% of businesses have no employees (sole proprietors and partners)... purchase to read more