Weak foundations: Limited downstream spending has caused revenue growth to slow

Industry revenue is expected to increase at a compound annual rate of 2.8% over the five years through 2018-19 to reach £53.2 billion. Various types of infrastructure construction activity, such as electricity and telecommunications infrastructure construction, have gained momentum and enhanced demand over the past five years. Commercial construction activity also expanded and stimulated demand. In addition, business capital expenditure increased steadily during the first two years of the period, contributing to industry growth. However, improvements in industrial production activity remained weak, limiting the industry's expansion. Pressures on public-sector spending also restricted improvements in demand...read more.

Industry Statistics & Market Size
Revenue
£53.2bn
Annual Growth 14-19
2.8%
Forecast Growth 19-24
Profit
Employment
375,023
Businesses
82,161
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Revenue growth has slowed since the EU referendum as businesses tightened spending
  • Reductions in UK manufacturing capacity restricted industrial production activity
  • Investment in water and sewerage projects is expected to increase, to the benefit of the industry
  • Industry Report - Industry Locations Chapter

    Business activity in the Consultant Engineering Services industry tends to roughly correlate with the national distribution of economic activity and proximity to major downstream markets.The South EastThe South East adjoins the London metropolitan area and accounts for 15.6% of industry establishments. This outweighs the region’s share of the UK population and national gross value added. It also reflects the concentration of hi-tech industries and corporations like Microsoft in the region, along with the easy access to London-based clients.LondonLondon is home to 12.7% of industry establishments. The capital contains many of the nation’s larger scale consulting firms. Man...purchase to read more.

    Additional Insights for the Consultant Engineering Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Consultant Engineering Services Industry are

  • Ability to compete on tender
  • Ability to quickly adopt new technology
  • Having a wide and expanding product range
  • IBISWorld analysts also discuss how external factors such as Business capital expenditure and Government capital expenditure in the Consultant Engineering Services industry impact industry performance..

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    What's in this report

    What is the Consultant Engineering Services Industry?

    Firms in this industry apply engineering principles to the design, development and use of machines, materials, instruments, structures, processes and systems. This includes designing industrial processes, providing surveying and mapping services and designing, managing and consulting on the construction of buildings and infrastructure.

    Industry Products
  • Construction engineering
  • Environmental project management
  • Management services
  • Scientific and technical consulting
  • Industrial engineering
  • Industry Activities
  • Planning, designing and managing building and engineering infrastructure projects
  • Designing and developing machines, materials, instruments and systems used in industrial processes
  • Designing, monitoring and managing environmental projects
  • Carrying out geophysical and other types of surveying and mapping
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Business capital expenditure
  • Government capital expenditure
  • Industrial production index
  • Demand from electricity and telecommunications infrastructure construction
  • Demand from water main, sewer system and related project construction

  • Current Performance
  • Revenue rise
  • Drivers of growth
  • Technological advances
  • Margins improve
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand improves
  • Potential turbulence
  • Table: Consultant Engineering Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Consultant Engineering Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Crude Petroleum & Natural Gas Extraction
  • Electricity Production
  • Commercial Building Construction
  • Road & Motorway Construction
  • Water Main, Sewer System & Related Project Construction

  • Key Selling Industries
  • Commercial Building Construction
  • Computer Consultants
  • Technical Testing & Analysis

  • Products & Services
  • Construction engineering
  • Industrial engineering
  • Scientific and technical consulting
  • Environmental project management
  • Management services
  • Chart: Consultant Engineering Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Industrial sector
  • Energy sector
  • Public sector
  • Transport sector
  • Commercial construction sector
  • Utilities and communication sectors
  • Chart: Major Market Segmentation for the Consultant Engineering Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesSubcontracted labourProfessional and technical servicesOther
  • Chart: Cost Structure Benchmarking – Sector vs Consultant Engineering Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Consultant Engineering Services 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 Consultant Engineering Services 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 Consultant Engineering Services Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Cad
  • Computer-aided design uses computer software and automated processes to design models.
  • Cae
  • Computer-aided engineering is software that helps engineers calculate their material requirements.
  • Cam
  • Computer-aided manufacturing is software that controls the machines and tools involved in the manufacturing process.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Consultant Engineering Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    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 Consultant Engineering Services:
    • 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 Consultant Engineering Services 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 Consultant Engineering Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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