NAICS 23799 - Other Heavy and Civil Engineering Construction
This industry comprises establishments primarily engaged in heavy and engineering construction projects (excluding highway, street, bridge, and distribution line construction). The work performed may include new work, reconstruction, rehabilitation, and repairs. Specialty trade contractors are included in this group if they are engaged in activities primarily related to engineering construction projects (excluding highway, street, bridge, distribution line, oil and gas structure, and utilities building and structure construction). Construction projects involving water resources (e.g., dredging and land drainage), development of marine facilities, and projects involving open space improvement (e.g., parks and trails) are included in this industry.
Industry trends:
One key trend in the "Other Heavy and Civil Engineering Construction" industry (NAICS 23799) is the increasing emphasis on sustainability and green construction methods. Companies are now more focused on integrating eco-friendly materials, renewable energy solutions, and low-impact construction techniques to meet regulatory requirements and cater to environmentally conscious stakeholders.
Another trend is the incorporation of advanced technology, such as Building Information Modeling (BIM) and drones, which enhance project efficiency, reduce costs, and improve safety. The use of predictive analytics and artificial intelligence is also on the rise, helping firms anticipate project challenges and optimize resource allocation.
Labor shortages remain a pressing issue, pushing companies to invest in workforce development programs and automation to mitigate the impact. There is an increasing collaboration between educational institutions and businesses to create specialized training programs tailored to industry needs.
Looking ahead, the industry is expected to experience steady growth driven by significant infrastructure investments from both government and private sectors. Focus on smart city development and modernization of existing infrastructure will likely provide ample opportunities for companies in this sector.
This industry is comprised of:
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
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