Industry Analysis & Industry Trends
Operators in the Dam, Harbour and Other Water Project Construction industry work on projects that facilitate water storage, containment and transport. Some firms specialise in dock, harbour and marina developments for commercial and recreational water transport, while others concentrate on maintaining water-related infrastructure, containing flooding and preserving natural waterways and coastal regions. Industry revenue is expected to grow at a compound annual rate of 6.1% over the five years through 2016-17 to £708.2 million. Revenue has been highly volatile in recent years due to the long-term nature of many projects causing sudden lulls and upsurges in activity. Furthermore, unstable economic conditions have affected investment in water-based infrastructure... purchase to read more
Industry Report - Starting a New Business Chapter
The industry has moderate barriers to entry because there are few economies of scale to be gained, construction is spread across the United Kingdom, there are few dominant players and equipment can be leased or supplied by subcontractors. However, new entrants may be disadvantaged by the technical complexity of some contracts and the trend towards awarding long-term facilities management contracts, which tends to exclude inexperienced contractors.
The economies of scale are limited by the geographic dispersal of contracts and new entrants can generally compete effectively on smaller-scale local contracts, particularly river and waterway maintenance. How.. purchase to read more