Saudi Arabia Construction Market - Growth Analysis and Forecast 2022Posted by Bharat Book on June 16th, 2018 Bharat Book Bureau Provides the Trending Market Research Report on “Construction in Saudi Arabia - Key Trends and Opportunities to 2022” under Heavy Industry category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Summary Construction in Saudi Arabia - Key Trends and Opportunities to 2022 report provides detailed market analysis, information and insights into the Saudi Arabian construction industry, including: - The industry's growth prospects by market, project type and construction activity - Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the industry - Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Request a free sample copy of Construction Market Report @ https://www.bharatbook.com/MarketReports/Sample/Reports/470393 Synopsis Construction activity in Saudi Arabia was weak during 2016-2017, due to the impact of low oil prices, which led to the implementation of various austerity measures by the government. Reduced public expenditure coupled with weak investor confidence led to a decline in construction activity. The industry is expected to experience slow growth during 2018, as the economy begins recovering from the collapse in oil prices. The industry is expected to gain momentum from 2019, however, supported by a probable rise in oil prices and a gradual improvement in economic conditions. The government’s effort to diversify the economy in order to reduce its dependence on the oil sector is also expected to bode well for the industry over the forecast period (2018-2022). In April 2016, the government launched the Vision 2030 program, under which it aims to increase the share of non-oil sector revenues from SAR163.0 billion (US.5 billion) in 2016 to SAR1.0 trillion (US6.7 billion) in 2030. In real terms, the industry’s output value increased at a review-period (2013-2017) compound annual growth rate (CAGR) of 0.97%, and is expected to post a forecast-period CAGR of 2.52%. Reasons To Buy - Identify and evaluate market opportunities using Timetric's 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 strategies using Timetric's critical and actionable insight. - Assess business risks, including cost, regulatory and competitive pressures. - Evaluate competitive risk and success factors. Browse our full report with Table of Contents : https://www.bharatbook.com/MarketReports/Construction-in-Saudi-Arabia-Key-Trends-and-Opportunities-to-2022/470393 About Bharat Book Bureau: Bharat Book Bureau, We are an India-based global information aggregator, boasting 27 years of expertise in delivering rich, valuable business information and analysis. Since 1989, we have been providing our services to a large number of clients across the globe, including those from the corporate, government, academic, and banking sectors. Our products/services include up-to-date forecasts, market research reports, company profiles, online databases, customised research reports, country reports, and newsletters. Contact us at: Bharat Book Bureau Tel: +91 22 27810772 / 27810773 Email: poonam@bharatbook.com Website: www.bharatbook.com Follow us on : Twitter, Facebook, LinkedIn, Google Plus Like it? Share it! More by this author |
