Lewes, DE -- (SBWire) -- 01/27/2016 --Report forecast the construction spending in BRIC countries to grow at a CAGR of 12.72% during the period 2016-2020.
The construction market in BRIC countries is booming, as these nations' governments are making efforts to improve the overall infrastructure, which is leading to increased investments in construction during the forecast period. Multiple initiatives are being announced by governments across BRIC countries to focus on the development of infrastructure such as ports, roadways, bridges, airports, and water systems
The report covers the present scenario and the growth prospects of the construction spending in BRIC countries during the period 2016-2020. The market size has been estimated based on the contribution of the construction industry to the GDP. This report has been focused on construction spending taking place in the infrastructure and residential construction sectors in BRIC countries.
The market is divided into the following segments based on sectors:
- Residential
- Infrastructure
According to the report, the demand for construction spending is likely to increase across BRIC countries owing to increased investments in infrastructure during the forecast period.
Further, the report states that the weak legal and regulatory framework in the infrastructure sector across BRIC causes delays in projects. Vendors have to abide by stringent rules and regulations to receive approval from the concerned department. This, in turn, leads to an increase in project costs.
Construction Spending in BRIC Countries 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the Construction Spending in BRIC Countries: Camargo Correa, China Communications Construction, China State Construction Engineering, DLF, GMR Infrastructure, LSR Group, Mostotrest and Odebrecht
Other Prominent Vendors in the market are: AFI Development, Andrade Gutierrez, Chengdu Road & Bridge Engineering, Galvao Engenharia, Guangsha Construction, Hindustan Construction, Jaypee Infratech, Keda, Larsen & Toubro, MRV Engenharia, Nagarjuna Construction, OAS, OJSC ST Group Region, PIK, Punj Lloyd, Queiroz Galvao, RGI International, Shanghai Construction, Shanghai Pudong Road & Bridge Construction, Shapoorji Pallonji, SU-155 Group and Zhongtian Construction
Market driver
- Increased investment in infrastructure
- For a full, detailed list, view our report
Market challenge
- Weak regulatory framework
- For a full, detailed list, view our report
Market trend
- Increased focus on construction of energy-efficient buildings
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 48 pages and 19 Exhibit "Construction Spending Market in the BRIC Countries 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by sector, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
Find more information Visit at: http://www.marketresearchreports.com/technavio/construction-spending-market-bric-countries-2016-2020
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