|
Construction Industry News Releases
|
Home | Submit Press Release | Advertise | Submit Website
(Construction.IndustryNews247.Com, December 30, 2015 ) Market research analyst estimates the market for construction spending in GCC to post a strong CAGR of nearly 8% by 2019. Growing investment in transport infrastructure, development of economic cities, and the rising demand for affordable houses are examples of some critical factors that foster growth in this market during the forecast period.
Growth in the transportation sector is the key driver for the growth of this market. Even though the GCC countries have well-developed highways and airports, the recent rise in population is expected to bolster the demand for a better public transit system during the forecast period. Moreover, since trade services in this region are heavily dependent on the connectivity between important trading hubs, the upgradation of the transport system by the government is expected to result in market growth by 2019.
To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=499545
Geographical segmentation of the GCC countries
Qatar Bahrain Kuwait Oman Saudi Arabia UAE In this market research report, analysts estimate Qatar to be the largest market segment during the forecast period. Extensive investment in the transport infrastructure and the development of social infrastructure projects like retail malls and hotels are expected to result in this regions impressive market share of more than 45% by 2019.
Competitive landscape and key vendors
This market consists of small and large construction companies and is primarily dominated by players like Al Jaber Engineering and Arabian Bemco. The level of competition in this market is expected to intensify during the forecast period due to the entry of private players in the infrastructure development sector.
Key vendors in this market are -
Al Jaber Engineering Arabian Bemco, Arabtec construction HBK Group Mushrif Trading and Contracting Company Saudi Bin Ladin Group Other prominent vendors mentioned in this market study are Ashghal, Bechtel, Consolidated Contractors, El Seif Engineering Contracting, Ramaco Trading and Contracting, and Oman Shapoorji Construction Co.
Growth drivers, challenges, and key vendors: Construction spending
Technavios market research analyst has estimated upcoming trends, such as the growth of mixed-use developments, to drive market growth during the forecast period. A mixed-use development refers to a self-sustaining building that blends a unique combination of residential, commercial, cultural, institutional, or industrial uses. Advantages like the widespread availability of residential and commercial spaces, play areas, public amenities such as recreational spaces, community halls, hotels, hospitals, and schools are expected to bolster its development during the forecast period. This increase in the development of mixed-use buildings is expected to incite growth in the construction spending market during the forecast period.
This report provides a number of factors contributing to the adoption, limitations, and opportunities of the construction spending market in the GCC countries. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.
Browse Detail Report With TOC @ http://www.researchmoz.us/construction-spending-market-in-the-gcc-countries-market-2015-2019-report.html
Key questions answered in the report include
What will the market size and the growth rate be in 2019? What are the key factors driving the construction spending market in the GCC countries? What are the key market trends impacting the growth of the construction spending market in the GCC countries? What are the challenges to market growth? Who are the key vendors in the construction spending market in the GCC countries? What are the market opportunities and threats faced by the vendors in the construction spending market in the GCC countries? What are the key outcomes of the five forces analysis of the construction spending market in the GCC countries? Technavio also offers customization on reports based on specific client requirement.
Related reports
Airport Construction Market in the GCC Countries 2015-2019 Data Center Construction Market in GCC Countries 2015-2019
Table of Contents PART 01: Executive summary Highlights PART 02: Scope of the report Market overview Top-vendor offerings PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights PART 05: Market landscape GCC construction industry overview Market size and forecast Five forces analysis PART 06: GCC segmentation GCC segmentation by country PART 07: Key leading countries in GCC Qatar UAE Saudi Arabia Oman Kuwait Bahrain PART 08: Impact of drivers PART 09: Impact of drivers and challenges PART 10: Vendor landscape Competitive landscape Other prominent vendors PART 11: Key vendor analysis Aljaber Engineering Arabian Bemco Contracting Arabtec Construction HBK Mushrif Trading and Contracting Company Saudi Binladin Group PART 12: Appendix List of abbreviations PART 13: Explore Technavio
Make an Enquiry of this report @ http://www.researchmoz.us/enquiry.php?type=E&repid=499545
About ResearchMoz
ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.
For More Information Kindly Contact:
ResearchMoz Mr. Nachiket Ghumare, Tel: +1-518-621-2074 USA-Canada Toll Free: 866-997-4948 Email: sales@researchmoz.us Website: http://www.researchmoz.us/
For More Reports Please Visit @ http://www.prnewswire.com/news/researchmoz
For More Reports Please Visit @ http://www.sbwire.com/search/?q=researchmoz
Researchmoz Global Pvt.Ltd
Researchmoz
+1-518-621-2074
sales@researchmoz.us
Source: EmailWire.Com
|
|
|
Construction News by Sector
|
|
|
Industrial News TV
|