Industry Statistics and Rankings
How does this industry perform in Cyprus compared to Europe?
Country Benchmarking
Industry Data Cyprus
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#35 In EuropeBusiness
#31 In EuropeEmployees
#33 In EuropeWages
#34 In EuropeThe Architectural Activities and Engineering Services industry in Europe is well-established. Substantial investment and government initiatives in industrial production and construction output drive performance. Wider economic conditions also influence performance, affecting business sentiment and investment levels. The economic adversity created by the COVID-19 outbreak and subsequent inflationary pressures have weighed on performance. Revenue is expected to contract at a compound annual rate of 4.8% to €485.2 billion over the five years through 2024, including revenue decline of 2.3% in 2024.
Enterprises
Number of businesses in 2024
Biggest companies in the Architectural Activities & Engineering Services in Cyprus
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Architectural Activities & Engineering Services in Cyprus industry for IBISWorld to include in this product.
Top Questions Answered in this Report
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What is the market size of the Architectural Activities & Engineering Services industry in Cyprus in 2024?
The market size of the Architectural Activities & Engineering Services industry in Cyprus is €174.1m in 2024.
How many businesses are there in the Architectural Activities & Engineering Services in Cyprus industry in 2024?
There are 1,997 businesses in the Architectural Activities & Engineering Services industry in Cyprus, which has grown at a CAGR of 3.9 % between 2019 and 2024.
Has the Architectural Activities & Engineering Services industry in Cyprus grown or declined over the past 5 years?
The market size of the Architectural Activities & Engineering Services industry in Cyprus has been growing at a CAGR of 3.7 % between 2019 and 2024.
What is the forecast growth of the Architectural Activities & Engineering Services industry in Cyprus over the next 5 years?
Over the next five years, the Architectural Activities & Engineering Services industry in Cyprus is expected to grow.
What does the Architectural Activities & Engineering Services in Cyprus include?
Industrial engineering consulting and Scientific and technical consulting are part of the Architectural Activities & Engineering Services industry.
How competitive is the Architectural Activities & Engineering Services industry in Cyprus?
The level of competition is moderate and increasing in the Architectural Activities & Engineering Services industry in Cyprus.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
- Building Construction in Cyprus
- Technical Testing & Analysis in Cyprus
Table of Contents
About this industry
Industry definition
Companies in the industry engage in architectural activities and provide engineering services. Architectural activities include building design, drafting, city planning and landscape architecture. Engineering services comprise the application of physical laws and principles of engineering in the design of machines, materials, processes, and systems. It also includes the provision of consulting, surveying and mapping services.
Related Terms
CAD (Computer-Aided Design)BIM (Building Information Modelling)DRAFTINGWhat's included in this industry?
Industrial engineering consultingScientific and technical consultingOther engineering servicesNew building and structure designRenovation and rehabilitationLandscape design, drafting and other arquitectural servicesCompanies
Industry Code
711 - Architectural and engineering activities and related technical consultancy in Cyprus
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Performance
Revenue Highlights
Trends
- Revenue
- Current Year Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Architectural Activities & Engineering Services in Cyprus industry?
Outlook
Analysis
What's driving the Architectural Activities & Engineering Services in Cyprus industry outlook?
Volatility
Analysis
What influences volatility in the Architectural Activities & Engineering Services in Cyprus industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Architectural Activities & Engineering Services in Cyprus industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Sustainable production is driving demand for industrial engineering consulting. Growing environmental awareness and sustainability targets across Europe create robust demand for low-carbon production.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Architectural Activities & Engineering Services in Cyprus industry's products and services performing?
Analysis
What are innovations in the Architectural Activities & Engineering Services in Cyprus industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Architectural Activities & Engineering Services in Cyprus industry?
International Trade
Highlights
- Total Imports into Cyprus
- Total Exports into Cyprus
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Low market concentration stems from significant competition. With numerous businesses offering diverse services, no single entity dominates the market, promoting a more level playing field and fostering innovation.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Architectural Activities & Engineering Services in Cyprus located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Regulation ensures high professional standards. In Europe, stringent regulations mandate professional qualifications, adherence to environmental and building codes, and routine compliance with health and safety standards, ensuring superior quality services and ethical practices in the industry.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Architectural Activities & Engineering Services in Cyprus industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Profit growth struggles amid high inflation and intense competition. Soaring costs (due to record-high inflation in Europe) and the competitive market have constrained profit growth, pushing firms toward cost-cutting and efficiency solutions.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Architectural Activities & Engineering Services in Cyprus industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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