Monday, 23 June 2014

Researchmoz : Construction in Belgium - Key Trends and Opportunities to 2018

ResearchMoz.us include new market research report"Construction in Belgium - Key Trends and Opportunities to 2018 " to its huge collection of research reports.

Synopsis

This report provides detailed market analysis, information and insights into the Belgian construction industry including:

The Belgian construction industry's growth prospects by market, project type and type of construction activity
Analysis of equipment, material and service costs across each project type within Belgium
Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Belgian construction industry
Profiles of the leading operators in the Belgian construction industry.
Data highlights of the largest construction projects in Belgium


Executive summary

The Belgian construction industry recorded a review-period (2009−2013) compound annual growth rate (CAGR) of 3.97%. As a result of the eurozone crisis, the industry declined by 0.3% in 2009, and by 0.1% in 2013. This, along with falling employment and low wage growth, led to steady falls in domestic economic activity and demand for new construction projects. Construction industry growth is expected to recover over the forecast period (2013–2018), driven by government initiatives to improve public infrastructure, moderate household debt, and rising interest of domestic and foreign developers in constructing residential units to meet housing demand. Consequently, the industry is expected to grow at a moderate forecast-period CAGR of 2.0%.

Scope

This report provides a comprehensive analysis of the construction industry in Belgium. It provides:

Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Belgium using construction output and value-add methods
Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
Analysis of key construction industry issues, including regulation, cost management, funding and pricing
Detailed profiles of the leading construction companies in Belgium

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Evaluate competitive risk and success factors

Key highlights

The Belgian construction industry is undergoing a testing period as a result of subdued economic activity. The industry recorded negative growth of 0.1% (nominal terms) in 2013, the first time since 2009. The construction production index fell by 0.3% during the first quarter of 2013, although there was marginal growth in the second and third quarters, with the production index growing by 0.1% and 0.6% respectively. The industry is set to grow further, both in 2014 and over the forecast period, due to improved economic conditions, low interest rates and increased investment.
In nominal terms, the total construction value add in Belgium was EUR19.4 billion (US$25.8 billion) in 2013, after registering a nominal CAGR of 2.35% during the review period. The value add is anticipated to reach EUR21.9 billion (US$30.9 billion) in 2018, and record a nominal forecast-period CAGR of 1.50% over, driven by increases in residential and infrastructure construction activity and government measures to enhance the country’s real estate and transport networks.

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