Coming off poor performance over the past five years as a result of low demand and limited government funds, the next five years are set to be bright for the Prison and Jail Construction industry. Higher levels of government and private investment will benefit the industry by pushing for more new facilities and expansions to existing ones. This trend is expected to boost the overall market for prison and jail construction and help stabilize revenue volatility. Subsequently, market share concentration will likely decrease in the next five years as new companies are enticed by the industry's improved demand.
This industry constructs prisons, correctional facilities and related structures, with firms specifically engaging in new work, additions and alterations.
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.