Construction Industry in Spain to 2019: Market Research Report

on Sunday, 10 May 2015 includes new market research report " Construction Industry in Spain to 2019: Market Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

Spain’s construction industry was adversely affected by the country’s economic crisis; however in early 2015 it showed signs of recovery, particularly in the residential construction market. In real terms, the industry’s output value is forecast to rise at a compound annual growth rate (CAGR) of 2.72% over the forecast period (2015–2019), in sharp contrast to the 7.1% decline recorded during the review period (2010–2014).

According to Eurostat, the construction industry’s production rate in real terms rose by 2.0% in the fourth quarter of 2014 compared to the fourth quarter of 2013. Investment in construction grew by 1.8% in 2014 over 2013. Consequently, the industry began to show signs of improvement, and is anticipated to recover over the forecast period.

  • This report provides a comprehensive analysis of the construction industry in Spain. It provides:
  • Historical (2010–2014) and forecast (2015–2019) valuations of the construction industry in Spain using construction output and value-add methods
  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, 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
  • Detailed profiles of the leading construction companies in Spain
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Key highlights:-
  • Residential construction demand was weak in Spain during the review period, as indicated by the sluggish economy, high unemployment rate and contacting disposable incomes, leaving the nation with excess housing stock and incomplete projects. The Spanish real estate market was adversely affected by the European debt crisis, and property prices have been variable since 2007. However, the Spanish housing market is on a path to recovery, as evidenced by 0.2% increase in house prices in nominal terms in the fourth quarter of 2014 compared to the previous quarter of the same year. Moreover, the residential construction market is anticipated to flourish over the forecast period, as foreign investors look to purchase both new and second-hand properties.
  • Transport infrastructure in Spain is highly developed, but the government is keen to continue a process of modernization and expansion. After six years of recession in the Spanish economy, the government has planned to increase investment spending in the 2015 state budget by 8.8% to reach EUR9.5 billion (US$12.9 billion). The infrastructure construction market is therefore projected to grow over the forecast period, supported by government focus on rail and road infrastructure....................

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