Construction Market in South Africa 2016 to Grow at a CAGR of 7.78% During the Period to 2020

Construction Market in South Africa 2016 Size, Share, Trend, Growth, Research, Industry Analysis and Forecast to 2020 by Market Research Store

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Deerfield Beach, FL -- (SBWire) -- 02/22/2016 --About Construction Market Outlook in South Africa

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.

Construction market Outlook in South Africa to grow at a CAGR of 7.78% 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.

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.

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Key Regions

South Africa
Key Vendors
Aveng
Group Five
Murray & Roberts
WBHO

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Other Prominent Vendors

Calgro M3 Holdings
Esor
Raubex Group
Stefanutti Stocks

Market Driver

Rapid Urbanization
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Market Challenge

Time and Cost Overruns
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Market Trend

Adoption of PPP Model
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