The Industrial Building Construction industry is expected to grow over the next five years as operators benefit from an improving economy and the reinvestment of corporate profit into new manufacturing and distribution structures and renovations. While lending standards will loosen over the next five years, interest rates are set to rise, thereby increasing the cost of new industrial development. Additionally, outsourcing basic manufacturing to countries with lower wages will become an growing threat, hindering investment in domestic manufacturing structures.
The industry is composed of contractors that are primarily responsible for the construction (e.g. new work, additions, alterations, maintenance and repairs) of industrial and manufacturing buildings. Establishments include general contractors, design-build companies and construction management operators.
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.