GCC Construction Spending Market Size, Growth, Trends & Forecast Report To 2019: Radiant Insights, Inc

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GCC Construction Spending Market Size, Growth, Trends & Forecast Report To 2019: Radiant Insights, Inc
Market Study - GCC Construction Spending
Market Size, Share, Growth Report Up To 2019
By Radiant Insights, Inc
Market outlook of the construction spending market in the GCC countries
Technavios market research analyst estimates the market for construction spending in GCC to post a
strong CAGR of nearly 8% by 2019. Growing investment in transport infrastructure, development of
economic cities, and the rising demand for affordable houses are examples of some critical factors that
foster growth in this market during the forecast period.
Growth in the transportation sector is the key driver for the growth of this market. Even though the GCC
countries have well-developed highways and airports, the recent rise in population is expected to bolster
the demand for a better public transit system during the forecast period. Moreover, since trade services in
this region are heavily dependent on the connectivity between important trading hubs, the upgradation of
the transport system by the government is expected to result in market growth by 2019.
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Geographical segmentation of the GCC countries
Qatar
Bahrain
Kuwait
Oman
Saudi Arabia
UAE
In this market research report, analysts estimate Qatar to be the largest market segment during the forecast
period. Extensive investment in the transport infrastructure and the development of social infrastructure
projects like retail malls and hotels are expected to result in this regions impressive market share of more
than 45% by 2019.
Competitive landscape and key vendors
This market consists of small and large construction companies and is primarily dominated by players
like Al Jaber Engineering and Arabian Bemco. The level of competition in this market is expected to
intensify during the forecast period due to the entry of private players in the infrastructure development
sector.
Key vendors in this market are Al Jaber Engineering
Arabian Bemco, Arabtec construction
HBK Group
Mushrif Trading and Contracting Company
Saudi Bin Ladin Group
Other prominent vendors mentioned in this market study are Ashghal, Bechtel, Consolidated Contractors,
El Seif Engineering Contracting, Ramaco Trading and Contracting, and Oman Shapoorji Construction
Co.
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Growth drivers, challenges, and key vendors: Construction spending
Technavios market research analyst has estimated upcoming trends, such as the growth of mixed-use
developments, to drive market growth during the forecast period. A mixed-use development refers to a
self-sustaining building that blends a unique combination of residential, commercial, cultural,
institutional, or industrial uses. Advantages like the widespread availability of residential and commercial
spaces, play areas, public amenities such as recreational spaces, community halls, hotels, hospitals, and
schools are expected to bolster its development during the forecast period. This increase in the
development of mixed-use buildings is expected to incite growth in the construction spending market
during the forecast period.
This report provides a number of factors contributing to the adoption, limitations, and opportunities of the
construction spending market in the GCC countries. It also offers an analysis of each factor and an
estimation of the extent to which the factors are likely to impact the overall market growth.
Key questions answered in the report include
What will the market size and the growth rate be in 2019?
What are the key factors driving the construction spending market in the GCC countries?
What are the key market trends impacting the growth of the construction spending market in the
GCC countries?
What are the challenges to market growth?
Who are the key vendors in the construction spending market in the GCC countries?
What are the market opportunities and threats faced by the vendors in the construction spending
market in the GCC countries?
What are the key outcomes of the five forces analysis of the construction spending market in the
GCC countries?
Technavio also offers customization on reports based on specific client requirement.
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Related Reports
Airport Construction Market in the GCC Countries 2015-2019
Data Center Construction Market in GCC Countries 2015-2019
Table of Contents
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
GCC construction industry overview
Market size and forecast
Five forces analysis
PART 06: GCC segmentation
GCC segmentation by country
PART 07: Key leading countries in GCC
Qatar
UAE
Saudi Arabia
Oman
Kuwait
Bahrain
PART 08: Impact of drivers
PART 09: Impact of drivers and challenges
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PART 10: Vendor landscape
Competitive landscape
Other prominent vendors
PART 11: Key vendor analysis
Aljaber Engineering
Arabian Bemco Contracting
Arabtec Construction
HBK
Mushrif Trading and Contracting Company
Saudi Binladin Group
PART 12: Appendix
List of abbreviations
PART 13: Explore Technavio
?
List of Exhibits
Exhibit 01: Key projects
Exhibit 02: GCC construction spending 2014-2019 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Construction spending market in GCC by country 2014
Exhibit 05: Construction spending market in GCC by country 2019
Exhibit 06: Qatar: GDP by economic activity 2014
Exhibit 07: Construction spending in Qatar 2014-2019 ($ billions)
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Exhibit 08: Major construction projects in Qatar
Exhibit 09: UAE: Non-oil and crude oil and natural gas GDP contribution 2011-2014 ($ billions)
Exhibit 10: UAE: GDP contribution by sector 2014
Exhibit 11: Construction spending in UAE 2014-2019 ($ billions)
Exhibit 12: Major construction projects in UAE
Exhibit 13: Saudi Arabia: Non-oil sector and crude petroleum and natural gas contribution to GDP 20112014 ($ billions)
Exhibit 14: Saudi Arabia: GDP by economy activity 2014
Exhibit 15: Construction spending in Saudi Arabia 2014-2019 ($ billions)
Exhibit 16: Major construction projects in Saudi Arabia
Exhibit 17: Construction spending in Oman 2014-2019 ($ billions)
Exhibit 18: Major construction projects in Oman
Exhibit 19: Kuwait: GDP by economic activity 2014
Exhibit 20: Construction spending in Kuwait 2014-2019 ($ billions)
Exhibit 21: Major construction projects in Kuwait
Exhibit 22: Construction spending in Bahrain 2014-2019 ($ billions)
Exhibit 23: Major construction projects in Bahrain
Exhibit 24: Impact of drivers
Exhibit 25: Impact of drivers and challenges
Exhibit 26: HBK: Business units
Exhibit 27: Mushrif Trading and Contracting Company: Business segmentation
Exhibit 28: Mushrif Trading and Contracting Company: Geographical segmentation by revenue 2014
Exhibit 29: Saudi Binladin Group: Business segmentation
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About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business
intelligence requirements. We assist and facilitate organizations and individuals procure market research
reports, helping them in the decision making process. We have a comprehensive collection of reports,
covering over 40 key industries and a host of micro markets. In addition to over extensive database of
reports, our experienced research coordinators also offer a host of ancillary services such as, research
partnerships/ tie-ups and customized research solutions.
For more information visit, Radiant Insights
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519