May 21 2014
Research and Markets has announced the addition of the "Construction in Ireland - Key Trends and Opportunities to 2018" report to their offering.
The Irish construction industry recorded a review-period CAGR of -13.76%
Having suffered a setback during the economic crisis (2008-2012), it then started to recover the next year. In 2014, the construction industry in Ireland is anticipated to register a nominal growth of 5.0%, backed by increases in activities in both the commercial and residential markets. This growth will be supported by the government's investment to develop the country's commercial market and build affordable homes to meet the rising demand for housing.
According to the Central Statistics Office Ireland (CSO), the number of approvals for residential projects increased by 95.0% from November 2012 to November 2013, and the building and construction production index increased by 12.0% from the second quarter of 2012 to the second quarter of 2013. Assuming these positive trends continue, the industry is expected to record a forecast-period CAGR of 4.62%.
Ireland's construction industry suffered a sharp contraction during the country's economic crisis, with levels of output declining from EUR48.0 billion (US$65.7 billion) in 2007 to EUR11.4 billion (US$15.1 billion) in 2013. The construction industry appears set for a sustained recovery, however. In real value-add terms, construction output rose by 10.5% annually in the first three quarters of 2013. Rising property prices, improved private investor sentiments and a number of major construction projects will boost the growth of construction industry in Ireland over the forecast period.
Key Topics Covered:
1 Executive Summary
2 Market Overview
3 Commercial Construction
4 Industrial Construction
5 Infrastructure Construction
6 Institutional Construction
7 Residential Construction
8 Company Profile: Sisk Group
9 Company Profile: Siteserv Plc
10 Company Profile: BAM Contractors
11 Company Profile: John Graham Construction Ltd
12 Company Profile: ABM Construction Ltd.
13 Market Data Analysis
14 Appendix
For more information visit http://www.researchandmarkets.com/research/nclcxs/construction_in
Source: http://www.researchandmarkets.com/