Albany, NY (PRWEB) September 25, 2013
This report provides detailed market analysis, information and insights into the Austrian construction market, including:
The Austrian construction market’s growth prospects by sector, project type and type of construction activity
Analysis of equipment, material and service costs across each project type within Austria
Critical insight into the impact of industry trends and issues and the risks and opportunities they present to participants in the Austrian construction market
Assessment of the competitive forces facing the construction industry in Austria and profiles of the leading players
Data highlights of the largest construction projects in Austria
To check out the complete table of contents, visit: http://www.marketresearchreports.biz/analysis-details/construction-in-austria-key-trends-and-opportunities-to-2017
Growth in the Austrian construction industry was attributed to the expansion of the European Union (EU) in 2004 and 2007, through the integration of 12 Central and Eastern European (CEE) countries. Austria became an entry point for companies targeting the CEE markets, due to the country’s developed infrastructure. As a result of this development, Austria’s construction industry reported large investment in infrastructure modernization and expansion to meet the increased demand. However, the economic crisis resulted in a slowdown in the industry, as the country’s economy is highly dependent on exports. Consequently, the Austrian construction industry recorded a CAGR of 1.53% during the review period. The outlook for the industry is favorable, as a result of the government’s focus on country’s infrastructure and residential construction. The construction industry’s output is expected to record a CAGR of 3.48% over the forecast period.
This report provides a comprehensive analysis of the construction industry in Austria:
Historical (2008-2012) and forecast (2013-2017) valuations of the construction market in Austria using the construction output and value-add methods
Segmentation by sector (commercial, industrial, infrastructure, 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
Assessment of the competitive environment using Porter’s Five Forces
Detailed profiles of the leading construction companies in Austria
Reasons to buy
Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
Assess market growth potential at a micro-level via 600+ time series data forecasts
Understand the latest industry and market trends
Formulate and validate business strategies by leveraging our critical and actionable insight
Assess business risks, including cost, regulatory and competitive pressures
Evaluate competitive risk and success factors
Click Here To Download Detail Report: http://www.marketresearchreports.biz/sample/sample/175525
Following strong growth rates of 2.1% and 2.7% in 2010 and 2011 respectively, the Austrian economy moderated to 0.8% in 2012. This was mainly due to the prolonged recessionary tendency prevailing in the Eurozone which affected Austrian exports and new investment activity.
Given the sluggish domestic demand in the Eurozone and fragile global economic recovery, Timetric expects the Austrian economy to grow at a modest pace of 0.5% in 2013.
The number of tourists to Austria increased in 2012, making tourism one of the main areas of the country’s economy to expand. According to the World Travel and Tourism Council (WTTC), the sector is expected to attract EUR4 billion in capital investments by 2022. This will help to support growth in the leisure and hospitality buildings category over the forecast period.
Austria is an export-oriented economy and the industrial sector accounts for over 30% of the country’s GDP. With many global economies in a period of recovery, demand for the export of Austria’s industrial products will improve over the forecast period, signaling an expansion of the country’s industrial construction market.
Austria is one of the top investors in rail infrastructure in the EU. Owing to the country’s central location between Western and Eastern Europe, and its use as a transit point, the Austrian government invested heavily in rail infrastructure and has a strong pipeline of various rail modernization and development projects nationwide.
Austria has an excellent healthcare system and the country saw a sharp increase in the number of hospitals, clinics, cosmetic and elective surgeries, and cosmetic dentistry practices. A key driver for healthcare expenditure in Austria is the country’s aging population. A larger elderly population means greater expenditure on pharmaceuticals and other forms of healthcare.
Over the forecast period, the residential construction market will be supported by Austria’s rising population, increasing levels of disposable income, low unemployment rates, and rapid urbanization. Low interest rates will continue to support growth in residential property demand.
90 Sate Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-997-4948