Albany, NY -- (SBWIRE) -- 07/19/2013 -- This report provides detailed market analysis, information and insights into the Lithuanian construction market, including:
- The Lithuanian construction market’s growth prospects by sector, project type and type of construction activity
- Analysis of equipment, material and service costs across each project type within Lithuania
- Critical insight into the impact of industry trends and issues and the risks and opportunities they present to participants in the Lithuanian construction market
- Assessment of the competitive forces facing the construction industry in Lithuania and profiles of the leading players
- Data highlights of the largest construction projects in Lithuania

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Scope

This report provides a comprehensive analysis of the construction industry in Lithuania:
- Historical (2008-2012) and forecast (2013-2017) valuations of the construction market in Lithuania using the construction output and value-add methods
- Segmentation by sector (commercial, industrial, infrastructure, 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
- Assessment of the competitive environment using Porter’s Five Forces
- Detailed profiles of the leading construction companies in Lithuania

Executive summary

The Lithuanian construction industry recorded a CAGR of -15.50% during the review period (2008?2012). The housing market contracted in 2009 as interest rates began to rise and banks tightened their lending conditions. Deflation in the property sector was one of the key factors in the decline in domestic demand and contributed to the country’s economic contraction of 15% in 2009. Infrastructure investment supported the construction industry during the financial crisis, recording the lowest decline of all construction markets during the review period at a CAGR of -6.43%. Timetric expects the Lithuanian construction industry to record a CAGR of 3.52% over the forecast period (2012?2017).

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