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Global Residential Construction Industry 2012-2017: Trend, Profit and Forecast Analysis
Market |
Construction |
Report Type |
Market Research |
Country |
Global |
Published |
31 March 2012 |
Number of Pages |
0 |
1-3 hours, 24 hour max |
|
Publisher |
Lucintel |
File Format |
PPT |
Global residential construction market to reach value of $2,943 billion by 2017
The global residential construction industry experienced a decline during the last five years but is expected to recover and gain momentum, reaching approximately US $2,943 billion in 2017 with a CAGR of 7.0% over the next five years (2012-2017).
The residential construction industry is highly fragmented. APAC dominates this industry. The construction industry is witnessing tremendous and unprecedented changes due to economic recession and is gradually shifting toward Asian countries. China, Japan, India, and other Asian nations are principle driving markets for growth. Mortgage interest rates and net migration are likely to contribute considerably to the industry's growth.
The residential sector was highly affected by recession but gradually recovered in the following years. ROW is currently a small industry but with the increase in GDP/capita in emerging economies, UAE government focus on growth of other sectors than oil industry to contribute in its economy, and government initiatives such as housing projects and affordable housing are expected to drive robust growth over the next five years.
Cancellation of a number of projects due to the impact of the global financial crisis, tightening of credit and financing market, issues in project financing, material cost fluctuation, increase in number of foreclosures, and high fuel costs pose challenges for the industry. Net migration of people from rural to urban areas, increase in consumer spending, population growth, easy mortgage rates, and increase in new housing supply are expected to drive the industry growth significantly.
Report Overview
This study provides an overview of the global residential construction industry. The report tracks industry sizing for four geographic regions of this industry sector and is a segment of the global construction industry. The scope of this study is limited to annual trends for the past five years and forecasts for the next five years for this segment.
This comprehensive guide provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market's potential. This report will save clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout the global residential construction industry analysis .In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of emerging trends and demand requirements on an annual basis.
Report Scope
To make any investment or strategic decision, you need adequate and timely information. This market report fulfills this core need. Some of the features of this market report are:
- Industry size estimates in terms of (US $) value by regions
- Global residential construction industry analysis annual trend (2006-2011) and forecast (2012-2017)
- Porter's Five Force analysis
- New product launch and merger and acquisition activity in global residential construction industry analysis
- Quarterly demand trend (Q1 2010-Q4 2011)and forecast analysis (Q1 2012 - Q4 2012) for global residential construction industry analysis
- Gross and net profit trends in the global residential construction industry analysis
- Cost structure trend in the global as well as regional residential construction industry analysis
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