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Norway Construction Market - Analysis & Forecast to 2018
Norway Construction Market - Analysis & Forecast to 2018
Norway Construction Market - Analysis & Forecast to 2018
Norway Construction Market - Analysis & Forecast to 2018
Norway Construction Market - Analysis & Forecast to 2018
Norway Construction Market - Analysis & Forecast to 2018
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Norway Construction Market - Analysis & Forecast to 2018

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Complete report is available @ http://www.rnrmarketresearch.com/construction-in-norway-key-trends-and-opportunities-to-2018-market-report.html . …

Complete report is available @ http://www.rnrmarketresearch.com/construction-in-norway-key-trends-and-opportunities-to-2018-market-report.html .

The Norwegian construction industry recorded a CAGR of 8.80% during the review period (2009−2013). Norway’s economy underwent an extended period of insubstantial expansion, due to decelerated growth in the real estate sector and a sharp increase in property prices. This was reflected in the construction industry’s growth, which slowed from 14.0% in 2011 to 9.4% in 2013.

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  • 1. Construction in Norway – Key Trends and Opportunities to 2018 © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  • 2. Construction in Norway – Key Trends and Opportunities to 2018 Synopsis This report provides detailed market analysis, information and insights into the Norwegian construction industry including: The Norwegian 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 Norway Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Norwegian construction industry Analyzing the profiles of the leading operators in the Norwegian construction industry. Data highlights of the largest construction projects in Norway © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  • 3. Construction in Norway – Key Trends and Opportunities to 2018 Summary The Norwegian construction industry recorded a CAGR of 8.80% during the review period (2009−2013). Norway’s economy underwent an extended period of insubstantial expansion, due to decelerated growth in the real estate sector and a sharp increase in property prices. This was reflected in the construction industry’s growth, which slowed from 14.0% in 2011 to 9.4% in 2013. This decline was driven by a slump in residential construction and the weakening of the krone, following the European debt crisis. Industry outlook is still favorable, due to the government’s commitment to improving infrastructure. Industry output is expected to record a CAGR of 7.07% over the forecast period (2013−2018). Inquiry before buying this report @ http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=195660 . © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  • 4. Construction in Norway – Key Trends and Opportunities to 2018 Key highlights After recovering from the financial crisis, the Norwegian construction industry recorded a slowdown in 2012. During review period, the gross value-added growth in construction peaked at an annual rate of 12.9% (in nominal terms) in 2012, but activity slowed in 2013, posting a contraction of 9.9% in 2013. This reflected a rapid rise in the cost of construction − especially materials costs. With government commitment and investment picking up, the industry is showing signs of positive growth. The industry’s value add is projected to reach NOK238.0 billion (US$37.8 billion) in 2018, representative of a forecast-period CAGR of 7.77%. Norway’s GDP grew by 3.5% during 2011–2012; The construction industry’s contribution to GDP increased by 7.4% during the same period. According to Statistics Norway, the industry recorded a solid performance, with turnover increasing by 6.5%, to value NOK149.0 billion (US$25.0 billion) in 2013, compared with 2012. The industry’s total projects grew by 6.0% in the first-quarter of 2014, compared with the last quarter of 2013. Complete report is available @ http://www.rnrmarketresearch.com/construction-in- norway-key-trends-and-opportunities-to-2018-market-report.html . © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  • 5. Construction in Norway – Key Trends and Opportunities to 2018 Reasons to buy Identify and evaluate market opportunities using our 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 Buy a copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=195660 . © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  • 6. Construction in Norway – Key Trends and Opportunities to 2018 For more details contact Mr. Ritesh Tiwari: sales@rnrmarketresearch.com / +18883915441 © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441 RnR Market Research RnRMarketResearch.com, an online repository of market research reports, offers in-depth analysis of over 5000 market segments. RnR Market Research library has syndicated reports by leading market research publishers across the globe.

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