Construction & Manufacturing

Construction in Spain - Key Trends and Opportunities to 2021

  • TIM1555843
  • 99 Pages
  • September 2017
  • Construction & Manufacturing
Synopsis
Following six years of contraction, the Spanish construction industry recovered in 2015, registering growth of 0.2% in real terms. This recovery continued in 2016, in line with improvements in the countrys economic growth.

Timetric expects the industry to expand in real terms over the forecast period (2017-2021), driven by the governments focus on the development of transport infrastructure, energy and utilities facilities and affordable housing.

Under the National Rural Development Program for 2014-2020, the government plans to spend EUR435.0 million (US$482.9 million) to develop efficient irrigation systems and other agricultural infrastructure by 2020.

In March 2017, the government announced its plan to spend EUR4.2 billion (US$4.8 billion) on the development of transport infrastructure, housing units and other infrastructure during 2017-2020. This is expected to drive the industrys growth over the forecast period, with construction output in real terms forecast to record a compound annual growth rate (CAGR) of 2.84% through to 2021.
Scope
This report provides a comprehensive analysis of the construction industry in Spain. It provides:

Historical (2012-2016) and forecast (2017-2021) 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 sub-sector

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)

Detailed profiles of the leading construction companies in Spain

Summary
Timetrics Construction in Spain - Key Trends and Opportunities to 2021 report provides detailed market analysis, information and insights into the Spanish construction industry, including:

The Spanish construction industry's growth prospects by market, project type and construction activity

Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Spanish construction industry

Profiles of the leading operators in the Spanish construction industry

ReasonsToBuy
Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies.

Assess market growth potential at a micro-level with over 600 time-series data forecasts.

Understand the latest industry and market trends.

Formulate and validate strategy using Timetric's critical and actionable insight.

Assess business risks, including cost, regulatory and competitive pressures.

Evaluate competitive risk and success factors.
Key highlights
According to Timetric, residential construction is expected to be the largest market in the industry over the forecast period, constituting 38.4% of the industrys total value in 2021. The predicted CAGR of 4.92% over the forecast period is expected to be driven by declining housing loan interest rate coupled with urbanization and population growth.

The government is focusing on the development of transport infrastructure under the Estratgico De Infraestructuras Y Transporte and National Rural Development Program. In addition, to improving regional connectivity, the government plans to invest EUR4.1 billion (US$4.6 billion) on railway infrastructure by 2020.

To support economic development and growth, the government is focusing on the construction of high-speed railway infrastructure across the country, with an investment of EUR1.3 billion (US$1.5 billion) by 2020, as well as its plans to spend EUR500 million (US$565.5 million) to modernize the existing high-speed railway tracks by 2020.

The government plans to increase the share of renewable energy in the countrys total energy mix from 17.5% in 2016 to 20.0% by 2020, which is expected to drive the growth of energy and utilities construction market over the forecast period.

According to the Timetric, growth in tourism, retail trade and business turnover is expected to drive the forecast period growth of the commercial construction market. The total business turnover index in the country increased by 2.4% in 2016, while the retail trade turnover index at 2010 base prices rose by 3.9% in 2016, from 94.3 in 2015 to 101.2.
Please Select Format

Enquiry About Report

Need More Information

Contact us
+ 1-800-910-6452
+1-971-202-1575
+91 20 66346066
--- or ---
help@bigmarketresearch.com

 

UPCOMING MARKET RESEARCH REPORTS

World Entrance Matting Market - Opportunities and Forecasts, 2015 - 2020

Entrance matting is a mat placed on the floor at entrance of house, office, or supermarkets. It provides safety at workplace, traps mud, sand, stones, & other material stuck in ...

July 2017 | $5370 | Pre Book Price:$4699

World Water Treatment Systems Market - Opportunities and Forecasts, 2015 - 2020

Water treatment system is a system that processes water to make it capable for drinking, medical, and industrial purposes. Contaminants, such as microorganisms, disinfectants, radionuclides are eliminated with the help ...

July 2017 | $5370 | Pre Book Price:$4699

Global Ultrasonic Technologies Market (Application, Product, Technology, Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020

The global ultrasonic technologies market provides alteration of processes with the use of oscillating sound of very high frequency. It is expected that the market would grow at a respectable ...

July 2017 | $5370 | Pre Book Price:$4699

Global Building Integrated Photovoltaic (BIPV) Market (Components, Application, Technology, Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2012 - 2020

Building Integrated Photovoltaic is one of the promising renewable energy technologies that help in onsite production of electricity. BIPV technology generates electricity from the sunlight without depleting natural resources .For ...

July 2017 | $5370 | Pre Book Price:$4699

Global Waste Management Market in Drilling by Services (Solids Control Services, Containment & Handling, and Treatment & Disposal), Applications (Onshore & Offshore) and Geography - Global Trends & Forecasts to 2018

Waste management in industrial drilling environment ensures the recycling, recovery and safe disposal of drilling wastes. The techniques in waste management facilitate the industry in order to keep the environment ...

July 2017 | $5370 | Pre Book Price:$4699

Global Industrial Control and Robotics Market (Applications, Types and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020

Industrial controls and robotics include various machines and automation equipment, which are used to monitor, control and perform certain tasks within industries. Industrial controls and robotics are capable of uninterrupted ...

July 2017 | $5370 | Pre Book Price:$4699

2017 © Copyright Big Market Research

View Pricing >>