United Arab Emirates Construction Industry Analysis 2015-2024 and the Impact of COVID-19 - ResearchAndMarkets.com
According to the report, the construction industry in United Arab Emirates is expected to record a CAGR of 6.2% to reach AED 278.7 billion by 2024.
The "United Arab Emirates 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.
According to the report, the construction industry in United Arab Emirates is expected to record a CAGR of 6.2% to reach AED 278.7 billion by 2024. The residential construction industry in value terms increased at a CAGR of 6.7% during 2015-2019. The commercial building construction market in value terms is expected to record a CAGR of 9.1% over the forecast period. The infrastructure construction was estimated to be AED 89.8 billion in 2019, posting a CAGR of 7.5% during review period.
Over the next 8 quarters, the report expects growth across residential, commercial, industrial, and institutional sectors in United Arab Emirates to remain impacted due to the economic downturn caused by the COVID-19 outbreak. Despite near term challenges, medium to long term outlook remains positive. Over the short term, investment in the construction industry will be driven by government spending in the infrastructure sector.
Report Coverage
This report provides a data and trend analyses on the construction industry in United Arab Emirates, 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 United Arab Emirates.
KPIs covered include the following:
- Market size by value
- Market size by volume of construction
- Number of units
United Arab Emirates 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 United Arab Emirates
- Price point / income level (luxury, mid-tier, affordable)
- Construction stage (new construction, re-development, maintenance)
United Arab Emirates 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 United Arab Emirates
United Arab Emirates 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 United Arab Emirates
United Arab Emirates 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 United Arab Emirates
United Arab Emirates 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
- Dubai
- Abu Dhabi
- Sharjah
- Al Ain
- Ajman
- Ras al-Khaimah
- Fujairah
- Umm al-Quwain
- Khor'fakkan
- Dibba Al-Fujairah
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 United Arab Emirates.
- 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
- Al Fara'a Group
- Orascom Construction plc
- Arabtec Holding
- Drake & Scull International
- NSCC International Ltd
- Al Rajhi Construction
- Al Futtaim Carillion LLC
- Emirates Roads Contracting Co LLC
- Al Shafar General Contracting LLC Darwish Bin Ahmed & Sons group
- Khansaheb Civil Engineering LLC
- Saeed & Mohammed Al Naboodah Holding LLC
- Amana Contracting & Steel Buildings
- Gammon and Billimoria LLC
- Bukhatir Group Ltd
- Arabtec Construction LLC
- EHAF Consulting Engineers
- Swissboring Overseas Piling Corporation Ltd
- WME Engineering Consultants
- Gulf Catering Company for General Trade and Contracting WLL
- Asia Prime General Contracting Co
- Al Jaber Group
- China State Construction Engineering Corporation (Middle East) LLC
- Tristar Engineering & Construction LLC
- Wade Adams Middle East Ltd
For more information about this report visit https://www.researchandmarkets.com/r/ehpszp
View source version on businesswire.com: https://www.businesswire.com/news/home/20200902005468/en/