Construction in Australia – Key Trends and Opportunities to 2015



SynopsisThis report provides detailed market analysis, information and insights into the construction market in Australia, including:
• Top level overview of the construction industry in Australia
• Current, historic and forecast market value and trends of individual markets and categories supported by detailed descriptions of individual markets in the industry
• Profiles of the top construction companies in Australia
• Profiles of the ten largest construction projects in Australia

SummaryThe global financial crisis affected expansion of the construction industry in Australia. In 2010, industry growth slowed down compared with stronger growth recorded in 2009 and 2008. Various issues affected the industry’s growth, including labor and capital supply constraints and high construction costs. Commercial and industrial construction in the country also contributed to the decline in growth as the shortage of working capital resulted in clients delaying tenders and cancelling planned project developments. However, Australia has avoided recession despite of global financial slowdown as a result of its resilient labor market. According to Australian Bureau of Statistics, unemployment was below in 2010 and this built consumer confidence to maintain spending throughout the downturn.

Construction is the fourth largest employing industry in Australia, employing 979,600 people  of the total workforce as of February 2010. The construction industry is strongly influenced by economic cycles and therefore can be susceptible to skill shortages as well as oversupply for some skills. During recent years, the construction industry experienced strong employment growth but the recent global recession resulted in a downturn in construction activity in Australia, with some loss of employment in 2010. The shortage of skilled workers has led to delays in Australian construction projects. In the state of Victoria alone, the industry is estimated to report a shortfall of 40,000 skilled workers over the next five years.

Scope
• This report provides a comprehensive analysis of the construction industry in Australia:
• Historical values for the construction industry for 2006-10 and forecast figures for 2010-15
• Supporting text on individual markets and values for categories for 2006-10 and forecasts until 2015
• Profiles of the top construction companies in Australia
• Profiles of the top ten construction mega-projects in Australia by value

Reasons To Buy• Gain insight into the construction industry in Australia with current, historic and forecast figures
• Gain insight into current, historic and forecast industry figures at individual market and category level
• Identify the top construction industry players in Australia along with detailed company profiles and SWOT analysis of all those companies
 Key Highlights
• The Australian construction industry faced difficulties from rising costs in obtaining debt financing. Consequently, the industry growth rate declined from 5.4% in 2009 to 2.6% in 2010.
• The infrastructure construction market was the second-fastest-growing market in the Australian construction industry, as it recorded a CAGR of 12.52% during the review period (2006–2010).
• The residential construction market is expected to record a CAGR of 4.88% over the forecast period, representing strong growth in line with other markets.
• Commercial construction increased in value at the slowest CAGR of 1.50% during the review period.
• Institutional market growth was driven by the growth in educational buildings which recorded a CAGR of 32.95%.
Published : July 2012                      No. of Pages : 172                           Price:US$1250
  Buy Now
Table of Contents1 Executive Summary
2 Introduction
3 Construction Industry Analysis
4 Construction Industry Data
5 Construction Industry: Market Analysis
6 Company Profile: Leighton Holdings Ltd
7 Company Profile: Mirvac Group
8 Company Profile: Macmahon Holdings Ltd
9 Company Profile: McConnell Dowell Corporation Ltd
10 Company Profile: Brookfield Multiplex Ltd
11 Top 10 Project Profiles
12 Appendix
List of Tables
List of Figures

Comments

Post a Comment

Popular posts from this blog

MarketReportsOnline: Indonesia Rubber Industry Analysis

Latest Guide to Chinese Pharmaceutical GMP Regulations

Construction in Bahrain – Key Trends and Opportunities to 2015