Integrators continuously ask about market conditions and trends. NSCA has followed and reported on industry conditions for over 20 years, knowing that new construction is the best indicator of the future business climate. Understanding construction put-in-place totals allows NSCA to predict patterns of slowdowns, recoveries, and market/geographic changes for members.
Overall, the forecast for 2017 construction put-in-place calls for a 6 percent increase. Although this is a drop from the hot pace of growth from the last few years, it seems to indicate that the recovery bounce is over and more normal growth is in store. Lodging construction is expected to see 6 percent growth. Office construction is expected to slow to 9% growth in 2017. Commercial construction is forecast to lead the year at 10 percent growth, but will slow in later years.
In the Summer 2017 edition, the Electronic Systems Outlook report provides an updated view of construction data by market and electronic system/technology, providing details on:
- Markets that are (and aren’t) poised to do well
- Construction forecasts for 2017 and beyond
- Technologies that are growing in demand
- Developing a focused sales approach
- Keeping tabs on new business opportunities
The NSCA Electronic Systems Outlook is free for NSCA Gold and Platinum members, and available for purchase at $199 for Bronze and Silver members. It can be purchased by non-members for $399. Non-member integrators can become NSCA members for $595 and receive this report as part of their membership package, which offers access to discounted education and training opportunities, updates on regional and national government affairs issues, free monthly industry webinars, and other exclusive industry research.
For more information about the Electronic Systems Outlook Summer 2017 report, go here or call (800) 446-NSCA.