Architectural, Engineering & Related Services in Mexico - Industry Market Research Report

Weak foundations: Declining demand for engineering and geophysical surveying services has hurt the industry

Architectural, Engineering & Related Services in Mexico
Over the five years to 2019, the Architectural, Engineering and Related Services industry has experienced a significant decline in industry revenue. The industry's performance has been negatively affected by declining demand for engineering and related geophysical surveying services, which have offset growing demand for architectural services. Growth in the value of both residential and nonresidential construction has contributed to rising demand for architectural services. Unfortunately, growing construction activity has not had the same effect on demand for engineering services. Most housing in Mexico is self-constructed; therefore, growing residential construction has not translated to higher demand for engineers. As a result, demand for engineering services is primarily dependent on nonresidential construction, which has grown only marginally.Establishments in this industry are mainly dedicated to providing architectural services, landscape architecture and urban planning, engineering and related activities such as drawing services, building inspection, geophysical surveying, elaboration of maps and test labs. This industry also includes photogrammetry, topography, surveying and cadastral surveying services. The industry excludes establishments engaged in the planning, design and decoration of interior spaces. 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.