In 2014, construction activity in Austria was weak due to a deteriorating business environment and weak economic performance. The country’s construction industry consequently contracted by 1.5% in output value in 2014 measured at constant 2010 US dollar exchange rates. This was preceded by an annual growth rate of 0.3% in real terms in 2013.
However, due to recovery in economic conditions, the government increased its spending on infrastructure development under the Austrian Development Policy 2013-2015. Consequently, the industry recovered somewhat in 2015, and grew by 0.3% in real terms.
The industry’s forecast-period (2016-2020) outlook is better than its review-period (2011-2015) performance, with its average annual growth in real terms set to accelerate from 0.03% during the review period to 1.17% over the forecast period.
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This increase will be due to a rise in government investment, the anticipated recovery in regional and global economic conditions, and improvements in both consumer and investor confidence.
Publisher’s Construction in Austria-Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into the Austrian construction industry including:
-The Austrian construction industry’s growth prospects by market, project type and construction activity
-Analysis of equipment, material and service costs for each project type in Austria
-Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Austrian construction industry
-Profiles of the leading operators in the Austrian construction industry
-Data highlights of the largest construction projects in Austria
This report provides a comprehensive analysis of the construction industry in Austria. It provides:
-Historical (2011-2015) and forecast (2016-2020) valuations of the construction industry in Austria 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 Austria
Reason to Buy
-Identify and evaluate market opportunities using Publisher’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 Publisher’s critical and actionable insight.
-Assess business risks, including cost, regulatory and competitive pressures.
-Evaluate competitive risk and success factors.
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