Construction in Ireland - Key Trends and Opportunities to 2017

Abstract
This report provides detailed market analysis, information and insights into the Irish construction market, including: o The Irish construction market's growth prospects by sector, project type and type of construction activity o Analysis of equipment, material and service costs across each project type within Ireland o Critical insight into the impact of industry trends and issues and the risks and opportunities they present to participants in the Irish construction market o Assessment of the competitive forces facing the construction industry in Ireland and profiles of the leading players o Profiles of the ten largest construction projects in Ireland.
Description
The Irish construction industry valued EUR10.9 billion (US$15.2 billion) in 2012, after declining at a CAGR of -28.25% over the review period (2008-2012). All construction categories registered negative growth, largely as a result of the economic slowdown experienced after the financial crisis and austerity measures implemented by the government. The Irish economy entered recession in 2008 and contracted by -5.2%. In 2009, the financial crisis also severely affected the country's economy. Ireland's GDP registered a growth rate of 1.4% and increased in value from EUR156.5 billion (US$207.8 billion) in 2010 to EUR158.7 billion (US$221.1 billion) in 2011. Ireland's budget deficit stood at 8.2% of its GDP in 2012, well above the EU's limit of 3%. The government plans to implement budget cuts and tax increases to reduce the deficit to 7.5% of GDP in 2013 and less than 3% by 2015. The global financial crisis adversely affected consumer confidence, causing a decline in investment in the construction industry. Scope This report provides a comprehensive analysis of the construction industry in Ireland: o Historical (2008-2012) and forecast (2013-2017) valuations of the construction market in Ireland using the construction output and value-add methods o Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type o 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) o Analysis of key construction industry issues, including regulation, cost management, funding and pricing o Assessment of the competitive environment using Porter's Five Forces o Detailed profiles of the leading construction companies in Ireland. o Profiles of the top ten construction mega-projects in Ireland by value. For further information and to purchase click here.