Industry Analysis & Industry Trends
The Architectural Services industry has endured a tough five years due to a prolonged downturn in the construction market. Over the period, the winding back of educational building investment and weak housing construction has led to subdued demand for industry services. Revenue is estimated to rise by an annualised 0.4% over the five years through 2013-14, corresponding with a slump in the value of total building construction.
The key building markets for architectural services have displayed divergent trends over the past five years. In the non-residential building market, the value of institutional building has benefited from the injection of federal funding for school refurbishment under the Building the Education Revolution (BER) program... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a low concentration of ownership. It has a fragmented structure with few large-scale national players, a larger number of state or regionally based firms (influenced by the requirement for individual state registration procedures), and many small-scale firms and sole practitioners operating in narrow regional markets. The four largest firms contribute less than 10% of annual industry revenue, while the 50 largest firms account for about 20% of annual revenue.
The industry has a fragmented structure, with only about 2.3% of businesses employing more than 20 staff... purchase to read more