From offices and factories to hotels, airport terminals and retail complexes, this industry constructs most of the buildings where Australians work, shop and play. The principal market segments by value of work done in 2012-13 include: offices (30.6%), retail store construction (26.3%), warehouses (13.6%), entertainment and recreation facilities (10.7%), factories (6.3%) and hotels (5.1%).
The industry is expected to generate revenue of $15.8 billion in 2012-13, down by 2.5% on the previous year as the economy struggles to restore confidence in the commercial property market due to the fragile global economy and sluggish local consumption and investment trends.
This industry constructs commercial and industrial non-residential buildings. It is also responsible for alterations, renovations and general repairs of commercial and industrial buildings, and for organising and managing construction.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.