Albany, NY -- (SBWire) -- 07/20/2016 --Construction activity in Spain shrank during the review period (20112015), reflecting weak business confidence, consumer demand and depressed economic conditions. Poor investor confidence reduced infrastructure construction activities during the review period.
Spains construction industry has been greatly damaged by the countrys economic crisis, but it showed signs of recovery in early 2015. Consequently, the countrys construction industry registered a growth rate of 4.4% in real terms in 2015, following an average annual decline of 9.7% during the preceding four years. Recovery in the general economy, foreign investors interest and business confidence contributed to the recovery.
The industrys output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 3.42% over the forecast period (20162020), up from -5.71% during the review period.
The industrys growth over the forecast period is expected to be supported by the governments flagship programs, such as the Golden Visa scheme, Infrastructure and Transport Plan (PEIT) 20052020, and the National Renewable Energy Action Plan 20112020.
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Summary
Timetrics Construction in Spain Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into Spanish construction industry including:
- Spanish construction industry's growth prospects by market, project type and construction activity
- Analysis of equipment, material and service costs for each project type in Spain
- Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in Spanish construction industry
- Profiles of the leading operators in Spanish construction industry
- Data highlights of the largest construction projects in Spain
Scope
This report provides a comprehensive analysis of the construction industry in Spain. It provides:
- Historical (2011-2015) and forecast (2016-2020) 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 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 Spain
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Trends and Opportunities in Construction Indusry in Spain - Market Research, Analysis, Shares, Size and Forecast to 2020
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