Construction in Austria-Key Trends and Opportunities to 2021

(EstateNewsWire.com, July 21, 2017 ) Austria's construction industry has undergone a dramatic decline since 2008. In real terms the Austrian construction industry's output contracted by 17.8% between 2008 and 2015. The decline can be attributed to an economic slowdown and weak business confidence and consumer demand leading to reduced demand in the construction industry.

The Austrian construction industry finally recovered in 2016 as general economic conditions gross fixed capital formation and business confidence all improved. According to the Austrian Federal Ministry of Finance the country's gross fixed capital formation grew by 5.1% in 2016 compared to 2015 reaching EUR72.4 billion (US$81.1 billion) . Consequently the country's construction industry posted growth of 1.4% in real terms in 2016.

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The recovery is expected to continue over the forecast period (2017-2021) with investments in road rail and transport infrastructure and housing projects.

The industry's output value in real terms is expected to record a compound annual growth rate (CAGR) of 2.65% over the forecast period up from -0.68% during the review period (2012-2016) .

Report Summary

Publisher's Construction in Austria-Key Trends and Opportunities to 2021 report provides detailed market analysis information and insights into the Austrian construction industry including
-The Austrian construction industry's growth prospects by market project type and construction activity
-Analysis of equipment material and service costs for each project type in Austria
-Critical insight into the impact of industry trends and issues and the risks and opportunities they present to participants in the Austrian construction industry
-Profiles of the leading operators in the Austrian construction industry

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Report Scope

This report provides a comprehensive analysis of the construction industry in Austria. It provides
-Historical (2012-2016) and forecast (2017-2021) valuations of the construction industry in Austria 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 Austria

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