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Construction Market in Romania to Grow at a CAGR of 3.38% over the Period 2015-2019: MarketResearchReports.biz

The Report Construction Market in Romania 2015-2019 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz

 

Albany, NY -- (SBWIRE) -- 07/23/2015 -- About Construction Market in Romania

The construction market in Romania has been witnessing a positive rebound since 2013 after a double digit growth decline in 2008-2010 because of the global economic crisis. The market growth is led by resurgence in the real estate market and increased investments in the infrastructure sector. Rising income levels and an increase in the employment rate are propelling the demand for residential property, particularly from the middle income group. Further, the boom in the service sector particularly in IT, retail, and BPO is driving the demand for office space in the country. The government is also placing huge emphasis on the development of energy-efficient buildings. Moreover, a decrease in construction tax from 1.5% to 1% from January 2015 is further accelerating the market growth.

View Full Report at http://www.marketresearchreports.biz/analysis/299318

Technavio's analysts forecast the construction market in Romania to grow at a CAGR of 3.38% over the period 2014-2019.

Covered in this Report

This report covers the present scenario and growth prospects of the construction market in Romania for 2015-2019. To calculate the market size, the report considers correlation between the GDP of Romania and construction investments. It provides a detailed segmentation of the construction market in Romania by sector. The report forecasts the investments in the building and civil engineering construction sectors in the country for 2015-2019.

Technavio's report, Construction Market in Romania 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors:
Hidroconstructia
REALDESIGN TRUST
S.C. Heberger Constructii
Tecton Trust

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Other Prominent Vendors:
Delta ACM
PAB Romania

Market Driver:
High Demand for Residential and Commercial Buildings
For a full, detailed list, view our report

Market Challenge:
Poor Infrastructure Quality
For a full, detailed list, view our report

Market Trend:
Demand for Energy-efficient Buildings
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?

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