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Heavy lifting: As government investment slowly rebounds, operators will rely on private investment



Abstract

Heavy Engineering Construction in the US

Over the past five years, the industry has fared well because of assistance from the federal government and recovering private investment. Government funding also supported initiatives in environmental restoration, hydropower and water treatment. Government spending has remained weak over the five-year period, despite a more favorable economic environment. Therefore, industry operators have been forced to increasingly rely on renewed private investment, which has been on the rise due to growing corporate profit across the United States. Over the next five years, the industry is expected to continue relying on the private sector, as the federal government pursues greater fiscal responsibility and attempts to restructure its infrastructure funding. Additionally, corporate profit is expected to consistently expand, translating into greater private investment and involvement in construction.



Operators in this industry are primarily engaged in heavy and engineering construction projects, with the exception of highway, street, bridge and airport construction. Work performed includes new work, reconstruction, rehabilitation and repairs. The industry also includes specialty trade contractors, if they are primarily active in activities related to engineering construction projects. Construction projects include waterworks, marine facilities development and open space improvement.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

Heavy Engineering Construction in the US - Industry Market Research Report

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 and MARKETS
Supply Chain
Products and 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 Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY



MAJOR COMPANIES

AECOM

Bechtel Group Inc.

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