Architects in Canada - Industry Market Research Report

Architects in Canada - Industry Market Research Report

  • September 2020 •
  • 46 pages •
  • Report ID: 4564383 •
  • Format: PDF
High rise: Steady growth in the Canadian real estate market is projected to drive industry revenue

Abstract

Architects in Canada
Buoyed by a modest expansion in the Canadian real estate market and increased residential and public investment in nonresidential construction, revenue in the Architects industry in Canada is expected to increase. Companies in this industry are primarily engaged in the planning and design of buildings and other structures. Consequently, industry revenue is tied to the health of the real estate market. Positive long-term trends have helped spur demand for residential construction, especially in metropolitan areas, which boosted revenue for architectural services. In addition, an increase in public-private partnerships for infrastructure projects raised architectural revenue. Steady growth in the Canadian real estate market is projected to drive industry revenue over the five years to 2024. Canadian architects will benefit from anticipated increases in corporate profit and disposable income, as these drivers will propel residential and nonresidential construction.

The Architects industry in Canada plans and designs residential, institutional, leisure, commercial and industrial buildings and structures by applying their knowledge of design, construction procedures, zoning regulations, building codes and building materials.

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.
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