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The Architecture, Engineering, and Construction (AEC) industry is experiencing robust growth, driven by increased infrastructure spending, commercial development, and residential construction. There's a strong demand for specialized services like geotechnical engineering, materials testing, and environmental consulting to ensure project integrity and regulatory compliance. Sustainability and technological adoption are becoming increasingly important.
Total Assets Under Management (AUM)
Construction Spending in United States
~Approximately $2 trillion
(3.5% CAGR)
Growth is driven by:
- Non-residential construction (commercial, industrial, office).
- Public infrastructure investment (roads, bridges, utilities).
- Continued residential building activity.
1.7 trillion USD
Digital twins, enabled by LiDAR, photogrammetry, and drone technology, create virtual replicas of physical assets and sites, allowing for real-time monitoring and predictive analysis.
AI and machine learning can analyze vast amounts of geotechnical data to predict soil behavior, optimize foundation designs, and identify potential site risks with greater accuracy.
Innovations in NDT, such as ground-penetrating radar (GPR) and ultrasonic testing, offer more efficient and less intrusive methods for assessing material integrity and subsurface conditions.
This bipartisan act provides over $1.2 trillion for infrastructure improvements across the United States, including funding for roads, bridges, public transit, water infrastructure, broadband, and the power grid.
The IIJA significantly increases demand for geotechnical engineering, materials testing, and environmental consulting services for a vast array of public works projects, directly benefiting GET Solutions.
The EPA's Brownfields Program provides grants and technical assistance to states, tribes, local governments, and other entities to assess, clean up, and sustainably reuse contaminated properties (brownfields).
This program drives demand for environmental consulting services, including site assessments and remediation planning, directly aligning with GET Solutions' environmental service offerings.
The FAR continuously updates regulations regarding federal contracting, including provisions that encourage federal agencies to award a certain percentage of contracts to small businesses, particularly those with certifications like SBE and SWaM.
Ongoing FAR updates reinforce and potentially expand opportunities for certified small businesses like GET Solutions to secure federal contracts, leveraging their SBE status.
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