Friday, May 10, 2013

New Construction in Finland - Key Trends and Opportunities to 2017 Market Report Released



  • This report provides detailed market analysis, information and insights into the Finnish construction market, including:
  • The Finnish construction market’s growth prospects by sector, project type and type of construction activity
  • Analysis of equipment, material and service costs across each project type within Finland
  • Critical insight into the impact of industry trends and issues and the risks and opportunities they present to participants in the Finnish construction market
  • Assessment of the competitive forces facing the construction industry in Finland and profiles of the leading players
  • Data highlights of the largest construction projects in Finland                              
Executive summary
The Finnish construction industry is experiencing a period of weakness. In 2012 construction gross value-added contracted by 2.3%, with the pace of decline accelerating during the year. The industry registered a CAGR of -1.16% during the review period but is expected to grow at a CAGR of 3.35% over the forecast period. Investor sentiment is low due to the Eurozone crisis and people are opting to wait until the economic scenario improves. 



The rise in income levels in the past three years and solid demand from the retail and tourism market is expected to boost the industry. Finland will also benefit from its strategic location in Northern Europe and a relatively stable economic environment compared to other EU members. Finland is playing a role in several infrastructure projects currently underway in Northern Europe such as the Bothnian Corridor and the Nordic Triangle, which will enable the cross-country flow of goods between Northern Europe and the rest of the EU. 

The institutional construction market is expected to record moderate growth during the forecast period, driven by the rapidly aging population, and an emphasis on improving the education system and innovation. Low interest rates, migration to urban regions and a rise in income levels are expected to drive the expansion of the residential construction market. However, growth is expected to be moderate at best, constrained by fairly low GDP growth.
Scope
  • This report provides a comprehensive analysis of the construction industry in Finland:
  • Historical (2008-2012) and forecast (2013-2017) valuations of the construction market in Finland 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 Finland

To Buy The Copy of This Report Visit: http://www.marketresearchreports.biz/analysis/167805


Key highlights
  • Finland’s economy is expected to post modest growth in 2013. Given the current global growth prospects and the sluggish domestic demand, real GDP is expected to grow by 0.4% in 2013, before growth increases to 1.1% in 2014. Reflecting weak business sentiment, domestic investment is set to contract (by 1.2%) in 2013 before rebounding to 1.1% growth in 2014. Private consumption growth will remain modest in 2013, with an increase in VAT curtailing the trend. The economy is expected to grow in the range of 1.5–2.7% between 2015 and 2017 in line with improvements in domestic as well as external demand conditions.
  • Exports account for 40% of GDP and 56% of those exports go to EU member countries; low demand in the region impacted exports significantly in 2012. With concerns over the outlook for the Eurozone and the restructuring of two key export industries (electronics and forestry), export growth is expected to remain around 1% in 2013, much lower than its trend growth.
  • The energy industry aims to achieve a carbon-free district heating electricity scenario by 2050. The total generation capacity is expected to reach 30,000 MW by 2050. According to the EU renewable energy directive, the country aims to achieve a 38% share of renewable out of total energy usage by 2020 from the existing level of 28%. These plans are expected to boost investments in the renewable energy sector.

About Us

MarketResearchReports.Biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are especially designed to save time and money of our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact
M/s Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-997-4948
Email: sales@marketresearchreports.biz
Website: http://www.marketresearchreports.biz/


No comments:

Post a Comment