Construction & Manufacturing

Construction Market in Singapore 2015-2019

  • TEC250799
  • 59 Pages
  • July 2015
  • Construction & Manufacturing
About Construction Market in Singapore

Singapore, one of the 'Asian Tigers,' has set a benchmark in the global construction industry in terms of quality. It is currently poised for heightened activity in its construction market, which is expected to maintain its steady growth, driven by the government's long-term development plan, Singapore 2030. The infrastructure, transport, telecommunications, and housing sectors are expected to witness huge investments during the forecast period. The construction market in Singapore is a well-established market in South-East Asia, and is a favorite investment destination among global investors.

Technavio's analysts forecast the construction market in Singapore to grow at a CAGR of 6.18% over the period 2014-2019.

Covered in this Report

This report covers the present scenario and growth prospects of the construction market in Singapore for the period 2015-2019. To calculate the market size, the report considers the GDP of Singapore and the contribution of investment in construction to the GDP of the country. A detailed segmentation of the construction market in Singapore by sector is also provided. The report forecasts investment in the infrastructure, residential, and non-residential sectors in Singapore during the period 2015-2019. In addition, the report discusses the major drivers that influence the growth of the construction market in Singapore. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

Key Vendors
Koh Brothers
Samwoh
Sembcorp Design and Construction
TEE International

Other Prominent Vendors
Jurong Engineering
KTC Group

Market Driver
Growing Demand for Residential Infrastructure
For a full, detailed list, view our report

Market Challenge
Shortage of Manpower
For a full, detailed list, view our report

Market Trend
Focus on Sustainable Development
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 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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