Construction for construction
About two-thirds of the Land Development industry's revenue is generated from servicing the residential property market. The balance comes from servicing commercial, institutional and, to a lesser extent, industrial and non-building property markets. The industry accounts for about half the total value of land subdivision and development undertaken in the US property market and generally follows a cyclical pattern of boom and bust scenarios.
Establishments in this industry primarily service land (except cemeteries), subdivide real properties into lots and develop building lots for sale to builders. Servicing of land may include excavation work for the installation of roads and utility lines. Land subdivision precedes building activity, and establishments often subcontract work to others (e.g. specialist excavation contractors).
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.