Qatar Construction Market Forecast to Grow at 7.65% CAGR During 2015-2019

Research and Markets has announced the addition of the "Construction Market in Qatar 2015-2019" report to their offering.

The construction market in Qatar to grow at a CAGR of 7.65% over the period 2015-2019.

Qatar is one of the richest countries in the world. It has set a benchmark in construction in terms of quality of infrastructure. It is currently poised for heightened activity in its construction sector, which is expected to maintain a steady growth driven by the government's long-term economic development plan QNV 2030. The construction market in Qatar is one of the rapidly growing markets in the Middle East and is a popular destination for investments.

This report covers the present scenario and growth prospects of the construction market in Qatar for the period 2015-2019. To calculate the market size, the report considers the GDP of Qatar and the contribution of investment in the construction sector to the GDP of the country. A detailed segmentation of the construction market in Qatar by sector is also provided.

The report forecasts investment in the infrastructure, residential, and non-residential construction sectors in Qatar during the period 2015-2019. In addition, the report discusses the major drivers that influence the growth of the construction market in Qatar. 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.

Qatar is set to host the FIFA World Cup 2022, for which the government has plans to construct 10 new sports stadiums and create the best infrastructure. These stadiums will be equipped with the best air-conditioning facilities, which will harness energy via solar panels, to provide a favorable temperature. The government is focusing on the development of high-quality supporting infrastructure to accommodate and satisfy the needs of the large tourist population that will visit the country during the World Cup. This has further increased the investment in the construction industry.

Further, the report states that time and cost overruns constitute one of the key challenges faced by the market.

Key Vendors

• Ashghal
• Bechtel
• Consolidated Contractors
• El Seif Engineering Contracting

Other Prominent Vendors

• HBK Contracting
• Ramaco Trading and Contracting

Key Topics Covered:

1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
5. Introduction
6. Industry Overview
7. Country Overview
8. Market Landscape
9. Market Segmentation
10. Vendor Selection Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Key Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Market Summary

For more information visit http://www.researchandmarkets.com/research/twpv6c/construction

Source: http://www.researchandmarkets.com/