Few other industries have been able to match the robust expansion of the Heavy Industry and Other Non-Building Construction industry since the late 2000s. The strong growth has corresponded with unprecedented levels of investment into several key infrastructure markets. The total value of work done on engineering infrastructure construction is projected to grow by an annualised 8.2% over the five years through 2014-15. This has been driven by strong growth in private investment in mining and energy developments; the rollout of new telecommunications technology; and record levels of work on railways, harbours, pipelines and water supply infrastructure projects.
Firms in this industry primarily construct engineering projects or infrastructure, such as railways, dams, irrigation systems, harbour and river works, and water and gas supply systems. Projects also include oil refineries (except buildings); pipelines; on-site assembly of boilers, furnaces or heavy electrical machinery from prefabricated components; and general repair of such structures, machinery and equipment.
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.