Construction Industry 1 - Five Forces Analysis

Construction Industry 1 - Five Forces Analysis

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Short description of Porter's Five Forces analysis for…

Intensity of Existing Rivalry

Large industry size (Construction Industry 1) Large industries allow multiple firms and produces to prosper without having to steal market share...
Exit barriers are low (Construction Industry 1) When exit barriers are low, weak firms are more likely to leave the market, which will increase the...

Bargaining Power of Suppliers

Low cost of switching suppliers (Construction Industry 1) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching...
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High competition among suppliers (Construction Industry 1) High levels of competition among suppliers acts to reduce prices to producers. This is a positive...

Threat of Substitutes

Limited number of substitutes (Construction Industry 1) A limited number of substitutes mean that customers cannot easily find other products or services...

Bargaining Power of Customers

Buyers require special customization (Construction Industry 1) When customers require special customizations, they are less likely to switch to producers who have...
Product is important to customer (Construction Industry 1) When customers cherish particular products they end up paying more for that one product. This...

Threat of New Competitors

Customers are loyal to existing brands (Construction Industry 1) It takes time and money to build a brand. When companies need to spend resources building a brand,...
Entry barriers are high (Construction Industry 1) When barriers are high, it is more difficult for new competitors to enter the market. High entry...

What is Porter's Five Forces Analysis?

WikiWealth's Five Forces analysis evaluates the five factors that determine industry competition. Add your input to construction-industry-1's five forces template. See WikiWealth's tutorial for help. Is WikiWealth missing any analysis? Check out our entire database of free five forces reports or use our five forces generator to create your own. Remember, vote up construction-industry-1's most important five forces statements.