This industry constructs stadiums for football, baseball, soccer, basketball and other sports events. Over the past five years, the Sports Stadium Construction industry underwent a period of contraction, as demand for industry projects fell. Most of the industry's demand originates either from educational institutions, such as high schools and universities, or commercial sports enterprises, such as sports franchises and leagues. In either case, the public sector is usually heavily involved in providing funds and incentives for the construction of stadiums; as a result, demand tends to rise and fall in line with the availability of government funds. Going forward, industry revenue is forecast to climb as the continued economic recovery is anticipated to ease local and state government budget burdens, thereby increasing funding for industry projects.
This industry constructs stadiums for football, baseball, soccer, basketball and other sports events.
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.