Industry firms provide engineering consulting services, which typically relate to the design, development and use of infrastructure projects, machinery, processes and systems. Industry firms offer advisory services, feasibility studies, preparation of preliminary and final plans and designs, technical services during project construction phases, and inspection and evaluation of construction and engineering projects. The industry does not manage or organise construction projects.
49.8 12.1 9.3% 8.1% 7.2% 6.9% 6.6%
Engineering design consulting accounts for a major portion of industry revenue. This service largely consists of advice and analysis on infrastructure designs prior to construction. This includes preliminary research on regulations, legal requirements, and the geographic threats and opportunities for major infrastructure developments. Engineering consultants also analyse surrounding elements such as the interaction of buildings and other structures. This research includes geotechnical consulting, which analyses construction occurring on the surface of or surrounding earth materials.
Over the past five years, declining commodity prices have significantly diminished mining investment. Mining and energy firms have focused on enhancing operating efficiencies rather than commencing new projects. As a result, this segment has declined as a share of industry revenue over the period.