Holding up: Revenue has fallen consistently, but the industry is expected to get back on track

The Architectural Activities industry derives the largest segment of its revenue from non-residential building design, followed by residential building design. Other markets include institutional building design and historical restoration. Revenue is generated from fees for projects mainly on a contractual bases for construction and building projects. Accordingly, construction is a major downstream market for industry operators. The construction sector declined during the financial crisis, before recovering in the base year of the past five-year period. However, falling business sentiment and weak consumer sentiment has led to dwindling demand for industry services over the past five years. Accordingly, revenue is expected to decline at a compound annual rate of 3.8% to reach €833.3...read more.

Industry Statistics & Market Size
Revenue
£833.3m
Annual Growth 13-18
-3.8%
Forecast Growth 18-23
Profit
Employment
6,660
Businesses
2,503
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Government support is expected to support a gradual return to growth for the industry
  • Industry margins have risen over the past five years and operators have benefited from some subsidies
  • Government initiatives deployed in support of the housing market are expected to sustain demand
  • Industry Report - Industry SWOT Analysis Chapter

    The Architectural Activities industry in the Republic of Ireland is in the mature phase of the life cycle. Over the 10 years through 2023, IBISWorld expects industry value added (IVA), which measures an industry's contribution to the overall economy, to contract marginally, at a compound annual rate of 0.1%. Gross domestic product (GDP) is expected to grow at 6.6% over the same 10-year period. IVA has improved in recent years, following the financial crisis in 2008, which severely affected the crucial downstream construction market. Demand for architectural services stems from investment in both residential and non-residential building markets, thus demand for construction stems from long-term economic and population growth, business sentiment, and industrial activity. Com...purchase to read more.

    Additional Insights for the Architectural Activities Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Architectural Activities Industry are

  • Ability to compete on tender
  • Ability to quickly adopt new technology
  • Willingness to outsource when appropriate
  • IBISWorld analysts also discuss how external factors such as residential building construction index and Housing starts in the Architectural Activities industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Architectural Activities in Ireland Industry?

    Operators in this industry design and draft buildings, plan urban areas and carry out landscape architecture. They also supervise the construction of buildings. Architectural firms provide information on design and construction procedures, zoning regulations, building codes and building materials. Interior decorating services are not included in the industry.

    Industry Products
  • New building and structure design
  • Renovation and redesign
  • Landscape design
  • Other projects
  • Industry Activities
  • Architectural consultancy services
  • Designing buildings and drafting services
  • Town and city planning services
  • Pre-design service provision
  • Construction management
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • residential building construction index
  • Housing starts
  • Government capital expenditure
  • Business sentiment index
  • Consumer sentiment index

  • Current Performance
    Economic troubles and solutionsMargins widenExternal competition
  • Chart: Revenue Growth

  • Industry Outlook
    Government initiativesRising competition
  • Table: Architectural Activities Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Architectural Activities Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Building Project Development in Ireland
  • Consultant Engineering Services in Ireland

  • Key Selling Industries
  • Consultant Engineering Services in Ireland

  • Products & Services
  • New building and structure design
  • Renovation and redesign
  • Landscape design
  • Other projects
  • Chart: Architectural Activities Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Commercial buildings
  • Housing construction
  • Institutional building
  • Other
  • Industrial buildings
  • Chart: Major Market Segmentation for the Architectural Activities Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Subcontracted labour and agency payments
  • Purchases
  • Rent and utilities
  • Depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Architectural Activities

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Architectural Activities Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Architectural Activities Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Architectural Activities Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Computer-Aided Design (Cad)
  • Computer technology that helps aid the design and drafting of buildings by creating two-dimensional drawings or three-dimensional models.
  • Drafting
  • When an architect produces a technical drawing. This transfers a design idea into a coherent proposal for clients.
  • Turnkey
  • Describes something that is ready for immediate use by a client.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Architectural Activities in Ireland market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Architectural Activities in Ireland:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Architectural Activities in Ireland market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Architectural Activities in Ireland, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Would you like to speak to an IBISWorld representative?

    clear