Construction in Norway - Key Trends and Opportunities to 2018

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Category : Industry & Manufacturing
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Introduction to Report
 Launch Date: July 10, 2014
 Number of Pages: 83
 Geography Coverage: Norway
 Available Format: PDF
Price For Single User License: USD 1,950
Price For Site License: USD 3,900
Price For Global User License: USD 5,850
Delivery Time: Within 24 Hours (During Working
Days)

About the Report
This report provides detailed market analysis,
information and insights into the Norwegian
construction industry, The Norwegian construction
industry recorded a CAGR of 8.80% during the review
period (2009−2013).
Norway’s economy underwent an extended period of
insubstantial expansion, due to decelerated growth in
the real estate sector and a sharp increase in property
prices.
This was reflected in the construction industry’s growth,
which slowed from 14.0% in 2011 to 9.4% in 2013. This
decline was driven by a slump in residential
construction and the weakening of the krone, following
the European debt crisis.
Industry outlook is still favorable, due to the
government’s commitment to improving infrastructure.
Industry output is expected to record a CAGR of 7.07%
over the forecast period (2013−2018).

Scope:
Historical (2009-2013) and forecast (2014-2018)
valuations of the construction industry in Norway
using construction output and value-add methods
Segmentation by sector (commercial, industrial,
infrastructure, 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 Norway

Reasons to buy:
Identify and evaluate market opportunities using
our 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 business strategies using
Publisher's critical and actionable insight
Assess business risks, including cost, regulatory
and competitive pressures
Evaluate competitive risk and success factors

Key Highlights:
During review period, the gross value-added growth in
construction peaked at an annual rate of 12.9% (in
nominal terms) in 2012, but activity slowed in 2013,
posting a contraction of 9.9% in 2013.
The industry’s value add is projected to reach
NOK238.0 billion (US$37.8 billion) in 2018, representative
of a forecast-period CAGR of 7.77%.
Norway’s GDP grew by 3.5% during 2011–2012; The
construction industry’s contribution to GDP increased
by 7.4% during the same period. According to Statistics
Norway, the industry recorded a solid performance, with
turnover increasing by 6.5%, to value NOK149.0 billion
(US$25.0 billion) in 2013, compared with 2012.
The industry’s total projects grew by 6.0% in the first-
quarter of 2014, compared with the last quarter of 2013.
The expansion project will therefore help to increase
the capacity of airport to 28 million passengers by 2017.

Key Highlights: Continues..
Under the New National Transport plan (2014–2023), a
series of infrastructure projects will be launched over
the forecast period to develop roads, highways,
airports, railways and power supplies, which will
ultimately lead to the all-round development and
modernization of the country’s infrastructure.
The government will invest NOK508.0 billion (US$85.3
billion) on transport for the next 10 years; NOK311.0
billion (US$52.2 billion) will be spent on roads,
NOK168.0 billion (US$28.2 billion) on railroads and the
remaining on other transport facilities.
According to Statistics Norway, the central bank has
had interest rates on hold since March 2012.
An increase in the population and low unemployment
rates will help to foster demand in the residential
construction market.

Report Coverage
1. Executive Summary
2. Market Overview
3. Commercial Construction
4. Industrial Construction
5. Infrastructure Construction
6. Institutional Construction
7. Residential Construction
8. Company Profile
9. Market Data Analysis
10.Appendix
For more details regarding Report coverage see the last slide

Company Coverage: Partial List…
1. Aker Solutions ASA
2. Veidekke ASA
3. AF Gruppen ASA
4. BWG Homes ASA
5. Norconsult Holding AS
For more details regarding Report coverage see the last slide

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Construction in Norway - Key Trends and Opportunities to 2018

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Construction in Norway - Key Trends and Opportunities to 2018