Construction & Manufacturing

Airport Construction Market in the GCC Countries 2015-2019

  • TEC169812
  • 92 Pages
  • December 2014
  • Construction & Manufacturing
About Airport Construction
Air transport plays a key role in the economic development as well as trade and commerce of a country. A well-built airport infrastructure is a symbol of a country's social progress. From creating jobs to improving tourism to facilitating imports and exports, airports offer numerous economic benefits. GCC countries are well-known worldwide for the infrastructural achievements of these countries. The oil-rich countries, in their efforts toward economic diversification, are investing heavily in transport infrastructure: roads, railroads, and airports. Being positioned between the major economies of the East and the West, the geographic locations of GCC countries have made them an international aviation hub. In addition, the international events such as World Expo 2020 in Dubai, Qatar National Vision 2030, and the FIFA World Cup 2022 in Qatar, considered as brand-building events by the respective nations, have necessitated massive airport construction activity in these countries. With a few GCC countries trying to meet the existing gap in aviation infrastructure and the others trying to build-up supply ahead of the rapidly growing demand, these countries are witnessing remarkable levels of airport construction activity.
TechNavio's analysts forecast the Airport Construction market in the GCC Countries to grow at a CAGR of 7.86 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Airport Construction market in the GCC Countries for the period 2015-2019. To calculate the market size, the report considers the investment in airport construction in the five GCC countries. The GCC countries covered in the report are Kuwait, KSA, Oman, Qatar, and the UAE. It does not consider Bahrain. The market sizing has been done based on the historical investment made in airport construction and the percentage contribution of the Construction industry to the GDP of these countries.
TechNavio's report, the Airport Construction Market in the GCC Countries 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the Airport Construction market in the GCC Countries and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Regions
KSA
Kuwait
Oman
Qatar
UAE
Key Vendors
Al Habtoor Group
Al Jaber LEGT Engineering & Contracting
BESIX Group
Saudi Binladin Group
TAV Construction
Other Prominent Vendors
Arabtec Construction
Bechtel
Larsen & Toubro

Market Driver
Increase in Passenger Demand
For a full, detailed list, view our report
Market Challenge
Air Traffic Congestion
For a full, detailed list, view our report
Market Trend
Airport City Construction around Airport
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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