Report forecast the Construction market in China to grow at a CAGR of
12.14% over the period 2014-2019.
The Construction market in China is booming as the government is
making efforts to bring it on par with the other emerging and developed
countries in terms of infrastructure. Investments being made in the
construction industry have been increasing drastically. One of the primary
focuses of the 12th five-year plan (2011-2015) is on developing the
construction sector in the country. NDRC has approved 55 major construction
projects in the country. Out of the total approved projects, nearly 50% consist
of railway projects. These large investments will not only drive the entire
Earthmoving Equipment market in China but also boost the construction industry
across the country.
According to the report, Government initiatives are playing a major
role in driving market growth. Through the 12th Five-Year Plan, the government
of China is making several efforts to improve the country's infrastructure. One
of the initiatives is easing the FDI norms in the country.
Further, the report states that Even though the construction market in
China is growing steadily, a weak regulatory framework and low quality of
infrastructure are hindering growth. Vendors have to acquire many government
approvals before getting final approval, and this leads to an escalation in
project costs and time.
This report covers the present scenario and the growth prospects of
the Construction market in China for the period 2015-2019. To calculate the
market size, the report considers the construction market revenue as part of
the GDP. The report also provides a forecast on the basis of market
segmentation in China. The performance of the Construction market in China is
forecast with the help of the predicted CAGR after the analysis of the present
condition of the market. The report presents a detailed analysis of the key
vendors operating in the market. In addition, it discusses the major drivers
that influence growth, the challenges faced by vendors and the market at large,
as well as the key trends emerging in the market.
Key players in the Construction
Market in China: CCCC, China Railway Construction AND China State Construction
Engineering
Other Prominent Vendors in the market are: Dongfang Electric, Guangsha
Construction Group and Sichuan Huashi Group
Market Driver
- Government Initiatives
- For a full, detailed list, view our report
Market Challenge
- Weak Regulatory Framework
- For a full, detailed list, view our report
Market Trend
- Increase in Sustainable Building
- For a full, detailed list, view our report
Key Questions Answered in this
Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 62 pages, “Construction
Market in China 2015-2019” report covers Executive Summary, List of Abbreviations,
Scope of the Report, Market Research Methodology, Introduction, Industry
Overview, Market Landscape, Market Segmentation by Sector, Vendor Selection Criteria,
Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of
Drivers and Challenges, Market Trends, Trends and their Impact, Vendor
Landscape, Key Vendor Analysis.
For
further information on this report, please visit-
http://mrr.cm/4nc
Find all Industry and
Manufacturing Reports at: http://www.marketresearchreports.com/industry-manufacturing
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