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Construction in Denmark - Key Trends and Opportunities Analysis to 2019

Denmark - Key Trends and Opportunities to 2019 report provides detailed market analysis, information and insights into the Danish construction
MarketsandMarkets™ | 30.09.2015
Construction in Denmark - Key Trends and Opportunities to 2019 Size and Share Published in 2015-09-18 Available for US$ 1950 at Researchmoz.us

Description

The Danish 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 Denmark

Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Danish construction industry

Profiles of the leading operators in the Danish construction industry

Data highlights of the largest construction projects in Denmark

Executive summary

The Danish construction industry suffered greatly during the global financial crisis and the performance was undermined by a large budget deficit, weak business confidence and consumer demand, a high unemployment rate and depressed economic conditions across the eurozone. The industry will recover over the forecast period (2015–2019), supported by government investment in infrastructure, energy and housing projects. The government aims to develop its energy sector, transport infrastructure and housing market, and energy efficiency will be achieved by increasing the use of renewable sources. In real terms, the industry’s growth is expected to accelerate marginally from a review-period (2010–2014) compound annual growth rate (CAGR) of 1.65% to 2.21% over the forecast period.


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Scope

This report provides a comprehensive analysis of the construction industry in Denmark. It provides:

Historical (2010-2014) and forecast (2015-2019) valuations of the construction industry in Denmark 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 Denmark


Reasons to buy

Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies.

Assess market growth potential at a micro-level with over 600 time-series data forecasts.

Understand the latest industry and market trends.

Formulate and validate business strategies using Timetric's critical and actionable insight.

Assess business risks, including cost, regulatory and competitive pressures.

Evaluate competitive risk and success factors.


Key highlights

To reduce the amount of public spending on healthcare, improve the quality of patient services and support the growing population, in 2013 the government announced plans to construct 16 new hospitals by 2025. This will include the renovation of existing healthcare facilities and the construction of eight super hospitals.

According to the World Bank’s Doing Business 2015 report, Denmark ranked fourth out of 189 countries as the best place for doing business in the world owing to its highly skilled workforce, well developed infrastructure, high purchasing power, attractive tax incentives, low tax rates, flexible labor market, and stable political environment. According to the Danish central bank, foreign investments increased in 2014 compared to 2013 and is anticipated to increase due to government’s initiatives to further reduce corporate taxes from 23.5% in 2015 to 22.0% in 2016.

In order to develop the renewable sources of energy, Denmark-based Copenhagen Infrastructure Partners (CIP), raised DKK14.7 billion (US$2.6 billion) to establish a new infrastructure investment fund: Copenhagen Infrastructure II. The fund is supported by the EIB, PensionDanmark and SEB Pensionsforsikring. Investments are expected to support green energy projects, such as biomass power plants, electricity transmission grids and on and offshore wind installations.

According to the World Travel and Tourism Council (WTTC), investments in the tourism sector declined in 2014. However, over the forecast period, government initiatives such as NRP and the National Tourism Initiative will support growth. According to the WTTC, the sector is expected to attract investments by 2025. This will help to support growth in the leisure and hospitality buildings category over the forecast period.


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Table of Contents

1 Executive Summary

2 Industry Outlook


2.1 Commercial Construction

2.2 Industrial Construction

2.3 Infrastructure Construction

2.4 Energy and Utilities Construction

2.5 Institutional Construction

2.6 Residential Construction

3 Key Issues and Developments


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