Irving, TX (PRWEB) July 21, 2012
The Global Infrastructure Construction industry witnessed double digit growth during the last five years and is expected to witness steady growth momentum and reach US $3,304 billion in 2017 with a CAGR of 7.5% over the next five years.
Lucintel, a leading global management consulting and market research firm, has analyzed the Global Infrastructure Construction industry and presents its findings in “Global Infrastructure Construction Industry 2012-2017:Trend, Profit, and Forecast Analysis.”
The Infrastructure Construction industry consists of civil engineering projects such as highway, road, dam, street, port, airport, bridge, and stadium as well as utility system construction. The industry also includes the reconstruction, rehabilitation, and repair of various infrastructure projects.
Lucintel’s research indicates that political and financial drivers encourage private players to invest in road infrastructure and highway projects. The industry is highly fragmented and high competitive rivalry exists with a medium entry barrier in the Infrastructure Construction industry.
In the Global Infrastructure Construction industry, APAC witnessed the highest growth during the last five years and is expected to grow with the highest growth rate over the forecast period. Rising population and urbanization are a key driver for industry growth. The American Recovery and Reinvestment Actis also expected to boost infrastructure in the forecast period.
Cancellation of projects due to the impact of the recession, tightening of credit, and material cost fluctuation are some of the challenges faced by the industry, but ongoing construction projects, railways links, bridges, airports expansion, roads, urban infrastructure, and energy projects are expected to contribute to the growth of the industry during the forecast period.
Lucintel’s study provides an overview of the Global Infrastructure Construction industry. The report tracks market sizing for four geographic regions of this market sector and is a segment of the Global Construction industry. This report doesn’t include any type of building construction.
For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit http://www.lucintel.com.