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📖 Description
Steel Structure Contractors in the US
Structural integrity: A recession-induced drop in demand for the industry's services has driven the competition for new-work contracts sky high. As competition intensifies, industry operators are increasingly competing for projects on price. Consequently, profit margins are suffering. Looking forward, industry performance will be positively impacted by economic recovery, resurgence in the downstream non-residential building construction markets and continued investment in the non-building infrastructure construction markets. Competitive pressures on profit margins are expected to recede in 2012, as nearly all the industry's downstream construction markets begin to see a recovery.
This industry is comprised of contractors that install steel and precast concrete to produce structural elements, building exteriors and elevator fronts. The industry also includes the installation of other steel products (e.g. setting rods, bars, rebar, mesh and cages) to reinforce poured-in-place concrete, cooling towers and metal storage tanks. The structural steel erection work performed includes new work, additions, alterations, reconstruction, maintenance and repairs.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
