|
|
|
Construction Industry News Releases
|
Home | Submit Press Release | Advertise | Submit Website
(Construction.IndustryNews247.Com, October 31, 2018 ) Finland’s construction industry expanded at a relatively fast pace in 2016-2017, averaging 6.3% per year in real terms. This in part reflects the continuing recovery from the weakness recorded in the early part of the review period (2013-2017). The recent period of solid growth was also driven by positive developments in regional economic conditions, a revival in both investor and consumer confidence and government investment in renewable energy and social infrastructure. Furthermore, the European Union’s (EU) financial aid to enhance the country’s competitiveness supported the industry’s growth during the review period.
Over the forecast period (2018-2022), the industry’s expansion is expected to be supported by investments in transport, energy and residential infrastructure projects. The implementation of government flagship programs such as the General Government Fiscal Plan for 2017?2020 and the National Energy and Climate Strategy 2030 are also expected to support the industry’s growth over the forecast period.
GlobalData’s "Construction in Finland - Key Trends and Opportunities to 2022", report provides detailed market analysis, information and insights into the Finnish construction industry, including -
- The Finnish construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Finnish construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Get Sample Copy of this Report@ http://www.orbisresearch.com/contacts/request-sample/2360360
Key Highlights:
- GlobalData expects the residential construction market to retain its leading position over the forecast period, with a share of 36.7% of the industry’s total value in 2022, supported by an increase in the number of residential buildings permits issued in the country. Market output is also expected to be driven by the rising demand for new residential units due to the country’s expanding population and ongoing urbanization.
- Forecast-period growth in the Infrastructure construction market will be supported by the government’s focus on the expansion and maintenance of road, rail and sea ports with an aim to tackle traffic congestions and retain the quality of country’s transport network. The government plans to spend EUR2.8 billion (US$3.2 billion) annually on the maintenance and modernization of transport infrastructure during the period of 2018-2021.
- Under the National Energy and Climate Strategy 2030, the government aims to increase the share of renewable energy in the country’s total energy mix from 36% in 2017 to 50% by 2030. Accordingly, the government plans to invest EUR23.0 billion (US$26.0 billion) to build the renewable energy related infrastructure by 2030. The government’s initiative will drive funding towards renewable energy projects over the forecast period.
- The Finnish energy and utilities construction market’s growth will be supported by the Government’s focus on high-speed broadband connectivity. The government aims to provide an internet connection speed of up to 1.0Gbps to 98% of the population by 2025. Accordingly, in 2017, the Ministry of Transport and Communications initiated the preparation of a new national broadband strategy, under which it aims to develop wireless broadband and fiber-optic networks across the country in order to provide high-speed internet access.
- The total construction project pipeline in Finland - as tracked by GlobalData and including all mega projects with a value above US$25 million - stands at EUR64.6 billion (US$73.0 billion). The pipeline, which includes all projects from pre-planning to execution, is relatively balanced, with 51.9% of the pipeline value being in projects in the late stages as of October 2018.
Make an Inquiry before Buying@ http://www.orbisresearch.com/contacts/enquiry-before-buying/2360360
Scope:
This report provides a comprehensive analysis of the construction industry in Finland and also provides -
- Historical (2013-2017) and forecast (2018-2022) valuations of the construction industry in Finland, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants.
Reasons to buy:
- Identify and evaluate market opportunities using GlobalData's standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using GlobalData's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Key Points from TOC:
1. EXECUTIVE SUMMARY 2
2. CONSTRUCTION OUTLOOK: AT-A-GLANCE 3
3. LATEST NEWS AND INDICATORS 9
4. KEY DRIVERS AND RISKS 12
5. CONSTRUCTION OUTLOOK 14
6. KEY INDUSTRY PARTICIPANTS 38
7. APPENDIX 42
8. ABOUT GLOBALDATA 46
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Orbis Research
Hector Costello
+1 (214) 884-6817
sales@orbisresearch.com
Source: EmailWire.Com 
|
|
|
|
Construction News by Sector
|
|
|
|
Industrial News TV
|
