UK Construction Industry 2015 Key Trends, Opportunities, Forecast and Analysis to 2019
Deerfield Beach, FL -- (SBWIRE) -- 08/20/2015 -- UK Construction Industry 2019 Key Trends and Opportunities by Market Research Store report provides detailed market analysis, information and insights into the UK construction industry including:
The UK construction industry is expected to perform relatively strongly over the forecast period (2015–2019), expanding at an average annual rate of 4.19% in real terms. This marks a clear improvement from the average annual expansion of 0.45% recorded during the review period (2010–2014). Construction activities in the public sector have been impacted severely due to the implementation of austerity measures since 2011. However, industry growth is expected to pick up over the forecast period, in part owing to investments under the National Infrastructure Plan 2014. Moreover, after months of fretting over the potential for a messy coalition and ensuing policy paralysis, the UK's construction industry is now looking forward to a period of policy continuity following the Conservative Party's success in the general election in May 2015.
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- The UK construction industry's growth prospects by market, project type and type of construction activity
- Analysis of equipment, material and service costs across each project type within the UK
- Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the UK construction industry
- Analyzing the profiles of the leading operators in the UK construction industry.
- Data highlights of the largest construction projects in the UK
This report provides a comprehensive analysis of the construction industry in the UK. It provides:
- Historical (2010-2014) and forecast (2015-2019) valuations of the construction industry in the UK 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 the UK
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- Assess business risks, including cost, regulatory and competitive pressures
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- Under the Road Investment Strategy (RIS), the government aims to invest GBP15.2 billion (US$25.0 billion) into the country's strategic road network (SRN) between 2015–2016 and 2020–2021. SRN accounts for only 2% of the total road network, while it carries one third of the overall road traffic and two thirds of freight traffic. As the country's population and GDP are expected to grow further, traffic on SRN is expected to increase. Owing to this, the road infrastructure category is expected to grow over the forecast period.
- As a part of National Infrastructure Plan (NIP) 2014, the government has proposed a five year (2014–2019) network rail control program, valuing GBP38 billion (US$62.2 billion), in order to transform the country's rail network. Through this plan, the government aims to improve the capacity and connectivity of the railway network across the UK. Furthermore, the government has also committed towards investing in the country's two major rail projects: High Speed 2, which will connect eight out of the 10 largest cities in Britain; and Crossrail, which provides a direct link between London's major employment centers, such as Heathrow, the West End, Paddington and Canary Wharf. This will support the growth of the rail infrastructure category over the forecast period.
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