Jan 9 2015
South Africa, over the past decade, has scripted for itself a new growth story, driven by domestic demand and foreign investment, among other factors. The African continent's second largest economy is poised for a heightened activity in its Construction sector. This sector experienced a major boost in 2010 when the country hosted the FIFA World Cup; however, later there was a period of slowdown owing to the global economic downturn.
The Construction sector is expected to regain the momentum, driven by South African government's National Infrastructure Plan. The Energy, Transportation, Telecommunications, and Housing are the sectors that are expected to witness huge investments in the coming years.
TechNavio's analysts forecast the Construction market Outlook in South Africa to grow at a CAGR of 7.78 percent during the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Construction market Outlook in South Africa for the period 2015-2019. To calculate the market size, the report considers the GDP of South Africa, the construction spending, and the contribution of construction to the GDP during the period 2009-2014.
TechNavio's report, the Construction Market Outlook in South Africa 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the Construction market Outlook in South Africa and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Regions
- South Africa
Key Vendors
- Aveng
- Group Five
- Murray & Roberts
- WBHO
Other Prominent Vendors
- Calgro M3 Holdings
- Esor
- Raubex Group
- Stefanutti Stocks
Market Driver
- Rapid Urbanization
- For a full, detailed list, view our report
Market Challenge
- Time and Cost Overruns
- For a full, detailed list, view our report
Market Trend
- Adoption of PPP Model
- 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?
Download the full report: https://www.reportbuyer.com/product/2588083/
Source: http://www.reportbuyer.com/