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(EstateNewsWire.com, September 27, 2016 ) The country's construction industry contracted by 4.0% in real terms that year and output value measured at constant 2010 US dollar exchange rates fell from US$190.6 billion in 2014 to US$182.9 billion in 2015.
Report URL: http://www.reportsweb.com/construction-in-australia-key-trends-and-opportunities-by-state-and-territory-to-2020?publisher_name=Timetric&sort=p.single_user_licence&order=ASC&page=9
Over the forecast period (2016-2020), the industry is expected to remain sluggish, owing to weakness in the industrial sector (which includes mining-related construction works). However, there will be a pick up in infrastructure investment, which will contribute to positive annual growth towards the end of the forecast period.
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In real terms, the industry is expected to register a compound annual growth rate (CAGR) of -1.55% over the forecast period, down from 2.65% during the review period (2011-2015). The industry's output value in real terms is expected to decline from US$182.9 billion in 2015 to US$169.2 billion in 2020, measured at constant 2010 US dollar exchange rates.
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Despite a slowdown in the mining sector and the cancellation of various oil and gas projects, the infrastructure, commercial and institutional construction markets are expected to support the industry's output over the forecast period. This is a result of a rise in government spending on the education and healthcare sectors, and retail sales growth. In addition, various infrastructure development programs such as the Investment Road and Rail Program, the Black Spot Program, the Roads to Recovery Program and the National Highway Upgrade Program will support the Australian construction industry.
Report Summary
Publisher's Construction in Australia - Key Trends and Opportunities by State and Territory to 2020 report provides detailed market analysis, information and insights into the Australian construction industry including:
-The Australian construction industry's growth prospects by market, project type and construction activity
-Analysis of equipment, material and service costs for each project type in Australia
-Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Australian construction industry
-Profiles of the leading operators in the Australian construction industry
-Data highlights of the largest construction projects in Australia
Report Scope
This report provides a comprehensive analysis of the construction industry in Australia It provides:
-Historical (2011-2015) and forecast (2016-2020) valuations of the construction industry in Australia using construction output and value-add methods
-Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, 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 Australia
Reason to Buy
-Identify and evaluate market opportunities using Publisher'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 Publisher's critical and actionable insight.
-Assess business risks, including cost, regulatory and competitive pressures.
-Evaluate competitive risk and success factors.
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