The engineering and construction (E&C) industry faced strong headwinds in 2022, including rising costs and labour shortages. To navigate the continuing volatility and thrive in a competitive market in 2023, businesses should focus on preparation. The industry is expected to experience differentiated growth rates across segments, with non-residential segments benefiting from funds entering the market through various acts. However, headwinds such as inflation and supply chain issues may continue to impact the industry overall. The 2023 outlook explores five key trends to watch closely for growth and differentiation.