Boston, MA -- (SBWIRE) -- 08/10/2012 -- Back from the brink: The industry will rebound with the return of investment in building construction markets
The Land Development industry's fate is tied to those of its downstream construction markets. About two-thirds of industry revenue is generated by residential construction, which took a massive hit during the recession. Industry players that focus on industrial construction weathered the storm, though, and kept the industry as a whole on solid footing. As construction markets rebound and rising exports drive a need for more manufacturing space, the industry will perform well over the next five years.
Establishments in this industry primarily service land (except cemeteries), subdivide real properties into lots and develop building lots for sale to builders. Servicing of land may include excavation work for the installation of roads and utility lines. Land subdivision precedes building activity, and establishments often subcontract work to others (e.g. specialist excavation contractors).
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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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