Construction Spending Market in the GCC Countries Market 2015-2019

Description-

Market outlook of the construction spending market in the GCC countries

Technavios market research analyst estimates the market for construction spending in GCC to post a strong CAGR of nearly 8% by 2019. Growing investment in transport infrastructure, development of economic cities, and the rising demand for affordable houses are examples of some critical factors that foster growth in this market during the forecast period.

To Free Sample Report With TOC @ http://www.researchmoz.us/enquiry.php?type=S&repid=499545

Growth in the transportation sector is the key driver for the growth of this market. Even though the GCC countries have well-developed highways and airports, the recent rise in population is expected to bolster the demand for a better public transit system during the forecast period. Moreover, since trade services in this region are heavily dependent on the connectivity between important trading hubs, the upgradation of the transport system by the government is expected to result in market growth by 2019.

Geographical segmentation of the GCC countries

Qatar
Bahrain
Kuwait
Oman
Saudi Arabia
UAE
In this market research report, analysts estimate Qatar to be the largest market segment during the forecast period. Extensive investment in the transport infrastructure and the development of social infrastructure projects like retail malls and hotels are expected to result in this regions impressive market share of more than 45% by 2019.

Competitive landscape and key vendors

This market consists of small and large construction companies and is primarily dominated by players like Al Jaber Engineering and Arabian Bemco. The level of competition in this market is expected to intensify during the forecast period due to the entry of private players in the infrastructure development sector.

To Enquire Regarding This Report @ http://www.researchmoz.us/enquiry.php?type=E&repid=499545

Key vendors in this market are -

Al Jaber Engineering
Arabian Bemco, Arabtec construction
HBK Group
Mushrif Trading and Contracting Company
Saudi Bin Ladin Group
Other prominent vendors mentioned in this market study are Ashghal, Bechtel, Consolidated Contractors, El Seif Engineering Contracting, Ramaco Trading and Contracting, and Oman Shapoorji Construction Co.

Growth drivers, challenges, and key vendors: Construction spending

Technavios market research analyst has estimated upcoming trends, such as the growth of mixed-use developments, to drive market growth during the forecast period. A mixed-use development refers to a self-sustaining building that blends a unique combination of residential, commercial, cultural, institutional, or industrial uses. Advantages like the widespread availability of residential and commercial spaces, play areas, public amenities such as recreational spaces, community halls, hotels, hospitals, and schools are expected to bolster its development during the forecast period. This increase in the development of mixed-use buildings is expected to incite growth in the construction spending market during the forecast period.

For More Information Kindly Contact:

ResearchMoz Global Pvt. Ltd.
90 State Street,
Albany, NY 12207,
United States
866-997-4948 (Us-Canada Toll Free),
+1-518-621-2074,

Email to: sales@researchmoz.us, 
Location: United States

Comments

Post a Comment

Popular posts from this blog

Global Automated Fingerprint Identification System Market 2016-2020

Description- About Automated Fingerprint Identification System Fingerprint biometric technology is used to identify individuals using their fingerprints, which are scanned and matched against a database. The matching is executed on the basis of features, such as the arches, whorls, and loops, of the fingerprints. Pattern-based algorithms are used to match a person's fingerprints against databases to provide access to secure premises. In the early 2000s, with advances in technology, an advanced fingerprint system known as AFIS was introduced. AFIS can electronically capture data and analyze and identify a fingerprint pattern among millions of patterns. To Browse a Report Detail with TOC @ http://www.researchmoz.us/global-automated-fingerprint-identification-system-market-2016-2020-report.html Automated fingerprint identification involves automatic matching of one or more unknown fingerprints against an existing database of fingerprints. AFIS is mainly used b
Read more

Global Market Study on E-Prescribing: North America to Witness Highest Growth by 2019

Description - E-Prescribing : North America Electronic prescribing or E-Prescribing (e-Rx) is electronic transmission of prescriptions from physician to pharmacists using computer and other mobile devices, such as cell phone and tablets. E-Prescribing system has replaced the phone, paper and fax based method of prescription. The system improves patient safety by reducing prescribing errors due to various reasons, such as illegible handwriting and ambiguous abbreviations. It also reduces healthcare costs over the paper based prescription systems. It permits the physician and other healthcare professionals to regenerate a new prescription, when any prescription error occurs during pharmacy operation. To Browse a Report Detail with TOC @ http://www.researchmoz.us/global-market-study-on-e-prescribing-north-america-to-witness-highest-growth-by-2019-report.html The global E-Prescribing market is categorized based on various product type, components, delivery mode, usage
Read more

Global Handling and Lifting Equipment Industrial Trend and Market Demand 2016-2020

"Global Handling and Lifting Equipment Market 2016-2020" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. Description- About Handling and Lifting Equipment Handling equipment is used in the transportation and storage of materials and assemblies. Material handling activities start from the unloading of goods to the transfer of these goods into storage, assembly, packaging, and finally loading for transportation. Handling equipment must be designed based on the various stages of production. Lifting activities consider factors such as lift radius, machine capacity at a given range, wind speed, and ground conditions. Lifting equipment has developed in terms of carrying capacity. Advanced equipment can perform complicated tasks with relative ease of movement, especially when compared to the traditional handling and lifting equipment. Get Sample Report With TOC @ http://www.researchmoz.us/en
Read more