Industry Analysis & Industry Trends
The Infrastructure Maintenance Services industry has performed well over the past five years considering the poor conditions stemming from the financial crisis and subsequent credit crunch. Consumer and business confidence plummeted over the past five years; however, the industry was resilient as infrastructure maintenance requirements remained important for businesses and government. Investment slowed, which limited the potential of the industry; however, increased government expenditure, particularly due to increased expenditure in response to the crisis and during the last two years due to the hosting of the London Olympic Games in 2012, helped the industry... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry's ownership concentration is considered medium, despite the large number of very small-scale contracting firms. Relatively few large-scale, multi-disciplined firms compete for the lead contractor role on major projects, and the four largest contractors contribute about 40.3% of annual industry revenue. These are multi-disciplined global construction firms Enterprise plc, Balfour Beatty, Carillion plc and Amey plc. Industry concentration levels have increased over the past five years due to changes in government spending patterns such as the lengthening and broadening of long-term contracts by local authorities, which are often awarded to the industry's largest players. This is expected to continue over the next five years... purchase to read more