Greece Construction Industry Analysis 2013-2017

The Greek construction industry valued EUR10.7 billion (US$13.8 billion) in 2012, after declining at a CAGR of -19.32% over the review period (2008–2012). The industry is expected to grow at a CAGR of 0.39% over the forecast period (2012–2017). Infrastructure construction was the largest market, accounting for 44.1% of the industry”s total value. The market declined at a CAGR of -14.78% during the review period to value EUR4.7 billion (US$6.1 billion) in 2012. The Greek government has a strong pipeline of rail transit projects nationwide, and in July 2010, the European Investment Bank announced a loan worth EUR2 billion to Greece to finance infrastructure construction.

Get a copy of this report @ http://www.rnrmarketresearch.com/construction-in-greece-key-trends-and-opportunities-to-2017-market-report.html
 
Scope
This report provides a comprehensive analysis of the construction industry in Greece:

• Historical (2008-2012) and forecast (2013-2017) valuations of the construction market in Greece 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 Greece
• Profiles of the top ten construction mega-projects in Greece by value

Reasons To Buy

• Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
• Assess market growth potential at a micro-level via 600+ time series data forecasts
• Understand the latest industry and market trends
• Formulate and validate business strategies by leveraging our critical and actionable insight
• Assess business risks, including cost, regulatory and competitive pressures
• Evaluate competitive risk and success factors

Key Highlights

• The Greek construction industry valued EUR10.7 billion (US$13.8 billion) in 2012, after declining at a CAGR of -19.32% over the review period (2008–2012). The industry is expected to grow at a CAGR of 0.39% over the forecast period (2012–2017).
• Infrastructure construction was the largest market, accounting for 44.1% of the industry’s total value. The market declined at a CAGR of -14.78% during the review period to value EUR4.7 billion (US$6.1 billion) in 2012. The Greek government has a strong pipeline of rail transit projects nationwide, and in July 2010, the European Investment Bank announced a loan worth EUR2 billion to Greece to finance infrastructure construction.
• Residential construction was the second-largest market in the construction industry, accounting for a 27.5% share of the industry’s output in 2012. It was also one of the worst performing markets, declining at a CAGR of -22.48% during the review period to value EUR3 billion (US$3.8 billion) in 2012. Depressed economic conditions due to government austerity measures are making it difficult for households to repay housing debt. Prospective buyers, especially those looking to get onto the property ladder, are also finding it difficult to secure mortgages without being asked to pay huge deposits.
• The country’s budget deficit stands above the prescribed limit of 3%, which has forced the government to implement austerity measures including major cuts in the country’s health and education sectors.
• The Greek unemployment rate stood at 27% in November 2012 and the budget deficit reached 6.6% of GDP in the same year. The domestic demand for goods and services also decreased.
• The government has announced a plan to focus on new transport infrastructure projects in order to boost growth in economy.

Purchase a copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=89584