Timetric's Construction in Belgium Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into the Belgian construction industry, including:
- The Belgian construction industry's growth prospects by market, project type and construction activity
- Analysis of equipment, material and service costs for each project type in Belgium
- Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Belgian construction industry
- Profiles of the leading operators in the Belgian construction industry
- Data highlights of the largest construction projects in Belgium
This report provides a comprehensive analysis of the construction industry in Belgium. It provides:
- Historical (2011-2015) and forecast (2016-2020) valuations of the construction industry in Belgium using construction output and value-add methods
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, 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 Belgium
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 strategy using Timetric's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
- According to Statistics Belgium, total investments in the country's construction industry rose by 2.5%, from EUR61.7 billion (US$81.9 billion) in 2014 to EUR63.3 billion (US$70.3 billion) in 2015. During the first half of 2016, the value of investments in the construction industry grew by 5.0% as compared to the same period in 2015.
- According to the National Bank of Belgium, the number of residential building permits issued fell by 14.1%, from 25,553 permits in 2014 to 21,952 permits in 2015. Consequently, the area of new residential buildings decreased by 14.4%, from 31.7 million m3 in 2014 to 27.1 million m3 in 2015. During the first half of 2016, the number of building permits however rose by 22.9% as compared to the second half of 2015.
- In a bid to achieve digital economy, in 2015, the government introduced the Plan for Ultrafast Internet 2015–2020. Under the plan, the government aims to upgrade the country's broadband network, while enabling businesses and citizens to communicate digitally with the government.
- In May 2015, the Antwerp Port Authority and Energy Recovery Systems Company Ltd, announced plans to develop a waste to chemicals plant at the Delwaide Dock. The project involves a total investment of EUR3.7 billion (US$4.1 billion) and is expected to be completed in 2020.
- According to the World Travel and Tourism Council (WTTC), the Belgian travel and tourism sector constituted 2.5% of the country's GDP in 2015 and accounted for 6.6% of the country's total employment. The WTTC projects the sector's total contribution to the country's GDP to rise to 3.1% by 2026; from EUR10.1 billion (US$11.2 billion) in 2015 to EUR14.9 billion (US$17.4 billion) in 2026.
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