ResearchMoz.us includes new market research report " Construction Industry in South Korea to 2019: Market Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.
In real terms, the South Korean construction industry's growth is expected to increase from a compound annual growth rate (CAGR) of -0.61% during the review period (2010–2014) to 2.50% over the forecast period (2015–2019). Over the forecast period, industry growth will be supported by residential, commercial and infrastructure projects.
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A rising number of tourists and country’s large population will support the growth in the retail industry. The increasing interest in property investment on Jeju Island will also support the industry. Works related to the hosting of the 2018 Winter Olympics Games in Pyeongchang, Gangwon province, will also provide support.
Scope:-
This report provides a comprehensive analysis of the construction industry in South Korea. It provides:
- Historical (2010–2014) and forecast (2015–2019) valuations of the construction industry in South Korea using construction output and value-add methods
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type
- Breakdowns of values for 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
- Detailed profiles of the leading construction companies in South Korea
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Reasons to buy:-
- Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies
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- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
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Key highlights:-
- During the review period, residential construction was the largest market in the construction industry. Government efforts to stimulate the residential market through initiatives, such as an increase in loan-to-value and debt-to-income ratios will help the market to grow over the next five years.
- The country’s aim is to double its nuclear power generation capacity, which will support the growth of the energy and utilities construction market, which accounted for 9.8% of the total industry value in 2014. In January 2014, the government approved the construction of two nuclear reactors worth KRW7.6 trillion (U$7.0 billion), each with a capacity of 1,400MW. This will also support the industry’s growth over the forecast period.
- In December 2013, the government approved a ‘U-turn Company Support Law’, under which incentives and subsidies, such as income and corporate tax cuts, and subsidies to purchase land and equipment, will be offered to Korean companies to bring back their production facilities to South Korea from overseas. Government’s initiative to support the domestic manufacturing industry is expected to drive the growth of the manufacturing plants category over the forecast period.....................
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