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This research provides the CIC’s view of the outlook to 2020 for the global economy and the global construction industry, and how the industry will evolve in all major countries worldwide. This report gives the user access to an overview of the outlook for the global economy, an assessment of the outlook for the global economy, broken down by major regions and a review of global construction risk.Contact:Debora [email protected]: +1-888-789-6604Reportstack Market Research
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Single User License USD: $4950
Report Code: CN0001GO
Publication date: Feb-15
Pages: 87
Global Construction Outlook 2020 is a new market research publication announced by Reportstack.
Report description overview:
This research provides the CIC’s view of the outlook to 2020 for the global economy and the global
construction industry, and how the industry will evolve in all major countries worldwide. This report
gives the user access to an overview of the outlook for the global economy, an assessment of the
outlook for the global economy, broken down by major regions and a review of global construction risk.
Report Highlight:
• The construction industries in emerging markets are forecast to continue to grow at a much faster rate
than the advanced economies. With reference to the CIC Global 50, emerging markets accounted for
more than half of the world’s construction output for the first time ever in 2012 (at 2010 US$) and by
2020 it will have a 56% share.
• The construction industries in the Middle East and Africa region are predicted to be the fastest
growing in 2016-2020, overtaking the Asia-Pacific region, which held the top spot in 2011-2015. This
reflects the huge investment in infrastructure and buildings that is taking place in Qatar, Saudi Arabia
and the United Arab Emirates (UAE), while the slowing rate of growth in China’s construction industry is
a key factor driving the deceleration in Asia-Pacific. However, Asia-Pacific’s share of the global
construction industry will continue to rise, reaching close to 49% in 2020, up from 40% in 2010.
• The precarious state of the Eurozone, which has intensified following the election of an anti-austerity
party in Greece, will continue to undermine investor confidence in the region. However, in general the
worst is over for the region’s construction industry. Many of the countries that had suffered double-digit
declines in construction output in the wake of the financial crisis are now turning a corner and starting
to grow again. However, reflecting the extent of the decline, it will be after 2020 that the construction
industry in Western Europe will return to the pre-crisis levels. The US will also fail to surpass its pre-crisis
high by 2020.
Single User License USD: $4950
Report Code: CN0001GO
Publication date: Feb-15
Pages: 87
To view the table of contents and know more details please visit Global Construction Outlook 2020
Contact:
Debora White
United States
Email: [email protected]
Ph: +1-888-789-6604
Reportstack
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