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Press Release: UK Civil Engineering Market Development Report

Released: September 2011
Published by Market & Customer Insight (MCi)

After researching the UK civil engineering market development and taking into account various other factors the following conclusions can be drawn from MBD's report:

Market Review 2007-2011:

Despite adverse economic conditions, civil engineering construction output in Great Britain has been increased throughout the review period. The economic downturn is not believed to have had a significant impact on the civil engineering sector, as many of the projects were planned and approved prior to the deteriorating market conditions, and thus most projects that were in the pipeline for went ahead. Moreover, the sector benefited from the Labour Government fast-tracking infrastructure projects in a bid to kickstart the economy during 2009, and in 2010, the significant increase is a partial reflection of increased capital investment by utility companies and strong civil engineering construction output in the railways sector.

Market Forecast 2012-2016:

Civil engineering construction output in Great Britain is forecast to increase throughout the five year forecast period up to 2016, with annual growth levels expected to fluctuate around 4%. Unlike other sectors of the wider construction market, civil engineering output is not as severely affected by the coalition government’s austerity measures, as it remains committed to invest in the country’s infrastructure. However some infrastructure projects, such as Crossrail, have been subject to budget cuts, as the government is seeking continued efficiency savings. The energy sector is also expected to show a strong growth potential, reflecting plans to invest in a new generation of nuclear power stations and increased investment in renewable energy projects, to support a low carbon economy.

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MBD specialises in business to business market research. The range of reports and industries in which we operate in is constantly expanding (our portfolio comprises of more that 140 titles). All our reports are written by in-house market consultants.

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