The Construction Industry in Australia, Forecast to 2024 - An AU$ 253 Billion Opportunity Assessment

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Sep 04, 2020, 12:30 ET

DUBLIN, Sept. 4, 2020 /PRNewswire/ -- The "Australia Construction Industry Databook Series - Market Size & Forecast (2015-2024) by Value and Volume (area and units) across 40+ Market Segments, Opportunities in Top 10 Cities, and Risk Assessment - COVID-19 Update Q2 2020" report has been added to ResearchAndMarkets.com's offering.

Australia has done well to control the COVID-19 outbreak. As a result, the publisher expects key construction sectors to record moderate growth, unlike other comparable markets which have witnessed negative growth. Though near-term challenges remain due to economic slowdown, the publisher expects recovery in key segments starting Q1 2021.

According to the report, the construction industry in Australia is expected to record a CAGR of 5.4% to reach AUD 253.1 billion by 2024. The residential construction industry in value terms increased at a CAGR of 3.3% during 2015-2019. The commercial building construction market in value terms is expected to record a CAGR of 5.9% over the forecast period. The infrastructure construction was estimated to be AUD 108.3 billion in 2019, posting a CAGR of 3.7% during review period.

Report Coverage

This report provides a data and trend analyses on the construction industry in Australia, with over 100 KPIs. This is a data-centric report and it provides trend analyses with over 140+ charts and 110+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.

It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.

In addition to country level analysis, this report offers a detailed market opportunity assessment across key cities, helping clients assess key regions to target within the city.

Report Scope

This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2015-2024 in Australia.

KPIs covered include the following:

Market size by value
Market size by volume of construction
Number of units

Australia Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by

Housing type (multi family, single family)
Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
Top 10 cities in Australia
Price point / income level (luxury, mid-tier, affordable)
Construction stage (new construction, re-development, maintenance)

Australia Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by

Office building (further broken down by Grade A, Grade B, and Grade C)
Retail building
Hospitality and luxury building
Restaurant
Entertainment
Sports facility
Construction stage (new construction, re-development, maintenance)
Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
Top 10 cities in Australia

Australia Industrial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by

Manufacturing plants
Chemical & pharmaceutical
Metal & material processing
Construction stage (new construction, re-development, maintenance)
Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
Top 10 cities in Australia

Australia Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by

Healthcare construction
Educational construction
Public sector
construction stage (new construction, re-development, maintenance)
Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
Top 10 cities in Australia

Australia Infrastructure Construction Sectors: 10-year market size & forecast in value terms by

Marine and inland water infrastructure
Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
Construction stage (new construction, re-development, maintenance)

Cities Covered

Sydney
Melbourne
Brisbane
Perth
Adelaide
Gold Coast
Canberra
Newcastle
Central Coast
Wollongong

Reason to Buy

In-depth Understanding of Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 40+ market segments and sub-segments of building and infrastructure construction industry in Australia.
Volume and Value Data: Get a detailed understanding of the market both from value and volume (both by activity and units) perspective for the historical as well as the forecast period.
Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in the construction industry.
City Level Insights: Get city level trend analyses to identify unique opportunities across key cities and also by tier-1, tier-2, and tier-3 cities.

Companies Mentioned

Brookfield Australia Investments Ltd
VicTrack
Probuild Group
Structural Systems Ltd
BGC Contracting Pty Ltd
Hansen Yuncken Pty Ltd
Bellero Constructions (QLD) Pty Ltd
CIMIC Group Ltd
Bovis Lend Lease Limited (Inactive)
John Holland Group Pty Ltd
J Hutchinson Pty Ltd
RCR Tomlinson Ltd
McConnell Dowell Corporation Ltd
Macmahon Holdings Ltd
Southern Cross Electrical Engineering Ltd
Decmil Group Ltd
GR Engineering Services Ltd
CEC Group Ltd
Brierty Ltd
AHC Ltd
Built Environs Pty Ltd
ADCO Constructions Pty Ltd
Georgiou Group Pty Ltd
Grocon Pty Ltd
CPB Contractors Pty Ltd

For more information about this report visit https://www.researchandmarkets.com/r/vu49ve

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Research and Markets
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SOURCE Research and Markets