construction market in apac 2015-2019
TRANSCRIPT
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Construction Market in APAC 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
For more information on theConstruction Market in APAC
2015-2019,please mail us at
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Key Trends
Technavio’s Senior Analyst says, “The construction market in APAC is driven by many growth factors, including rapid urbanization. Rapid urbanization has driven the growth of the market in APAC with a rise in construction of mega structures and high-quality infrastructure in emerging markets. Increased investment in infrastructure development is another factor that is driving growth of the construction market in APAC.”
• The construction market in any country contributes to the development of a country's economy. The construction market is segmented into three segments on the basis of construction sectors: infrastructure construction sector, non-residential construction sector, and residential construction sector.
• Technavio's analysts forecast the construction market in APAC to grow at a CAGR of 8.23 % over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Construction Market in APAC 2015-2019
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Vendors
To understand the vendor landscape and for a full list of
vendors view our report:
Construction Market in APAC 2015-2019
China State Construction Engineering
Jaya Konstruksi
L&T
China State Construction Engineering was incorporated in 1982 and is headquartered in Beijing, China. It is a construction company that engages in construction, real estate development and investment, and infrastructure construction and investment.
Jaya Konsrtuksi was established in 1982 and is headquartered in Jakarta, Indonesia. The company provides construction, development, import/export, manufacturing, and other services.The company's operations are segmented as construction services, asphalts, gases, manufacture-piles and concretes, handling equipment, charter of vessels, and others services.
L&T was founded in 1938 and is headquartered in Mumbai, Maharashtra, India. It is one of the world's largest diversified companies and has business interests in technology, engineering, construction, manufacturing, and financial services.
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Market Landscape
• Rapid development of emerging economies in the region such as China, India, Indonesia, and Singapore has led to increase in construction investment in APAC.
• Apart from China and India, the construction markets in Singapore, Indonesia, and Vietnam are considered to be the key contributors to growth of the construction market in APAC during the forecast period.
• The construction market in Singapore is characterized by high levels of innovation in construction practices.
• The government of Singapore is largely focusing on sustainable development of the country.
• Concepts such as smart building and mixed-use developments are being extensively used in the country, which is attracting investments from construction companies around the world to venture into the market.
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Key Buying CriteriaGuest Bloggers
• Authenticity • Delivery • Price• Service
Support
Parameter Details
Price-competitiveness
Construction contractors should be able to deliver high-quality construction and maintenance services at affordable prices, especially for government infrastructure projects. Proper management of time and resources by vendors will help in delivering cost-effective services.
Risk-management Abilities
The lifecycle of construction projects is generally long. Any kind of unpredicted events related to financial, environmental, and political uncertainties should be managed by contractors. Past experience of handling risks in such large projects is an added advantage for construction companies.
Technical ExpertiseConstruction projects are technologically intensive. Hence, technical knowledge and experience of an expert pool available within construction contractors are important selection criteria.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Construction Market in APAC 2015-2019
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