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Home › Industry Metrics › NAICS 2359

NAICS 2359 - Other Special Trade Contractors

NAICS 2359 - OTHER SPECIAL TRADE CONTRACTORS
NAICS 2351 Plumbing, Heating, and Air-Conditioning Contractors NAICS 2355 Carpentry and Floor Contractors NAICS 2357 Concrete Contractors NAICS 2352 Painting and Wall Covering Contractors NAICS 2353 Electrical Contractors NAICS 2354 Masonry, Drywall, Insulation, and Tile Contractors NAICS 2356 Roofing, Siding, and Sheet Metal Contractors NAICS 2359 Other Special Trade Contractors
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This industry group comprises establishments primarily engaged in specialized construction activities (except plumbing, painting, electrical, masonry, drywall, insulation, tile, carpentry, flooring work, roofing, siding, sheet metal, concrete, and water well drilling).

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This industry group comprises establishments primarily engaged in specialized construction activities (except plumbing, painting, electrical, masonry, drywall, insulation, tile, carpentry, flooring work, roofing, siding, sheet metal, concrete, and water well drilling).

Explore the industry hierarchy

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NAICS 23 Construction
NAICS 235 Special Trade Contractors
NAICS 2359 Other Special Trade Contractors
NAICS 23591 Structural Steel Erection Contractors
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Industry trends

The NAICS 2359 category, covering Other Special Trade Contractors, has seen significant qualitative trends driven by labor market dynamics and technological advancements. One prominent trend is the growing emphasis on sustainability and eco-friendly practices. Contractors are increasingly adopting green building materials and techniques, catering to rising demand among eco-conscious clients. This shift is not only reducing environmental impact but also aligning with stringent regulatory standards.

Technological integration is another key trend. The rise of Building Information Modeling (BIM) and advanced project management software is enhancing efficiency and accuracy in project execution. Use of drones and 3D printing for site inspections and custom part fabrication respectively is also gaining traction.

Labor shortages present both a challenge and a transformative opportunity for the sector. Companies are investing in upskilling initiatives and apprenticeships to bridge the skills gap. Furthermore, there is a noticeable pivot towards offsite construction and modular building approaches to optimize labor usage and reduce costs.

In the near future, the industry can expect continued digital transformation and an accelerating shift towards sustainable construction. The global push for infrastructure development, urbanization, and smart city initiatives are likely to drive market growth. Adopting innovative technologies and eco-friendly methods will be crucial for contractors aiming to stay competitive in this evolving landscape.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 6%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 93%

Loan Failure Rate 5%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 28%

Total Companies in this Industry 75
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Explore related industries

  • NAICS 2359 Other Special Trade Contractors
  • NAICS 23591 Structural Steel Erection Contractors
  • NAICS 23592 Glass and Glazing Contractors
  • NAICS 23593 Excavation Contractors
  • View all related industries

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