Overview

Sketchy: Mixed demand from construction industries has constrained revenue growth

IBISWorld’s Architectural 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

Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth
2012 - 2017
1.7%
Annual Growth
2017 - 2022
Profit
Employment
35,345
Business
14,368

Industry Analysis & Industry Trends

Operators in the Architectural Services industry have endured difficult trading conditions over the past five years due to fluctuations in downstream building construction markets and rising competition. However, an increase in residential construction over the period has driven industry revenue growth. Industry revenue is expected to increase by an annualised 1.7% over the five years through 2016-17, to $7.1 billion. However, the tightening of regulatory lending standards is anticipated to decrease residential construction over the current year. As a result, industry revenue is expected to decline by 3.5% in 2016-17...

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Industry Report - Starting a New Business Chapter

The industry has few significant legislative barriers to entry, other than the need to be registered as an architect in each state or territory of practice. Successful registration usually requires a tertiary qualification in architecture, which can take up to five years of study to obtain. The completion of two years practical experience and an architectural practice examination are also necessary before registration.

Many architects are sole traders and operate their businesses from home or in a shared office. Establishing a practice involves limited capital costs, which are similar to those of establishing any small business, including small capital outlays for rent, computers and software.

Price is an important aspect of industry competition. As ..

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Industry Products

What is the Architectural Services Industry?

Industry firms provide architectural design and drafting services, landscape design services and town planning services. Industry firms also provide consultation on land zoning regulations and building code regulations.

Industry Products
Schematic design
Design development
Contract documentation
Architectural drafting services
Contract administration
Other architectural and related services
Industry Activities
Architectural consultancy services (excluding construction management)
Architectural drafting services
Landscaping architectural services
Town planning services

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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