NEW YORK, July 28, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Construction in Norway – Key Trends and Opportunities to 2018
Synopsis
This report provides detailed market analysis, information and insights into the Norwegian construction industry including:
• The Norwegian construction industry's growth prospects by market, project type and type of construction activity
• Analysis of equipment, material and service costs across each project type within Norway
• Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Norwegian construction industry
• Analyzing the profiles of the leading operators in the Norwegian construction industry.
• Data highlights of the largest construction projects in Norway
Summary
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
This report provides a comprehensive analysis of the construction industry in Norway. It provides:
• 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 Timetric's critical and actionable insight
• Assess business risks, including cost, regulatory and competitive pressures
• Evaluate competitive risk and success factors
Key Highlights
• After recovering from the financial crisis, the Norwegian construction industry recorded a slowdown in 2012. 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. This reflected a rapid rise in the cost of construction ? especially materials costs. With government commitment and investment picking up, the industry is showing signs of positive growth. 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.
• 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. Key projects under the New National Transport plan are the construction of a highway E18, the upgrade of Oslo's rail network, the construction of an underground railway tunnel through Oslo, and the construction of road between Kristiansand and Trondheim.
• The number of inbound tourists to Norway increased from 4.3 million in 2008 to 5.1 million in 2012. In October 2011, the government planned for the expansion of airport facilities, spanning 17,000m2 area at the Oslo Airport in Norway. The construction works include the construction of a new terminal 2 building, a pier, taxiways, departure and arrival areas, a new baggage handling facility, expansion of the security check point, central building, and 11 new parking areas with bridges, and six new remote parking areas. The expansion project will therefore help to increase the capacity of airport to 28 million passengers by 2017. The leisure and hospitality buildings construction category is expected to progress at an impressive rate, due to the steady rise in the number of travelers in the country.
• In a bid to revive the Norwegian property market, the government reduced interest rates on mortgages. The relatively low rates are expected to contribute to an upturn in the demand for residential property. 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.
Table of Contents
1 Executive Summary
2 Market Overview
2.1 Key Trends and Issues
2.2 Benchmarking by Market Size and Growth
3 Commercial Construction
3.1 Performance Outlook
3.2 Key Trends and Issues
3.3 Data and Project Highlights
4 Industrial Construction
4.1 Performance Outlook
4.2 Key Trends and Issues
4.3 Data and Project Highlights
5 Infrastructure Construction
5.1 Performance Outlook
5.2 Key Trends and Issues
5.3 Data and Project Highlights
6 Institutional Construction
6.1 Performance Outlook
6.2 Key Trends and Issues
6.3 Data and Project Highlights
7 Residential Construction
7.1 Performance Outlook
7.2 Key Trends and Issues
7.3 Data and Project Highlights
8 Company Profile: Aker Solutions ASA
8.1 Aker Solutions ASA – Company Overview
8.2 Aker Solutions ASA – Business Description
8.3 Aker Solutions ASA – Main Products and Services
8.4 Aker Solutions ASA – History
8.5 Aker Solutions ASA – Company Information
8.5.1 Aker Solutions ASA – key competitors
8.5.2 Aker Solutions ASA – key employees
9 Company Profile: Veidekke ASA
9.1 Veidekke ASA – Company Overview
9.2 Veidekke ASA – Business Description
9.3 Veidekke ASA – Main Products and Services
9.4 Veidekke ASA – History
9.5 Veidekke ASA – Company Information
9.5.1 Veidekke ASA – key competitors
9.5.2 Veidekke ASA – key employees
10 Company Profile: AF Gruppen ASA
10.1 AF Gruppen ASA – Company Overview
10.2 AF Gruppen ASA – Business Description
10.3 AF Gruppen ASA – Main Services
10.4 AF Gruppen ASA – History
10.5 AF Gruppen ASA – Company Information
10.5.1 AF Gruppen ASA – key competitors
10.5.2 AF Gruppen ASA V – key employees
11 Company Profile: BWG Homes ASA
11.1 BWG Homes ASA – Company Overview
11.2 BWG Homes ASA – Business Description
11.3 BWG Homes ASA – Main Products and Services
11.4 BWG Homes ASA – History
11.5 BWG Homes ASA – Company Information
11.5.1 BWG Homes ASA – key competitors
11.5.2 BWG Homes ASA – key employees
12 Company Profile: Norconsult Holding AS
12.1 Norconsult Holding AS – Company Overview
12.2 Norconsult Holding AS – Business Description
12.3 Norconsult Holding AS – Main Services
12.4 Norconsult Holding AS – History
12.5 Norconsult Holding AS – Company Information
12.5.1 Norconsult Holding AS – key competitors
12.5.2 Norconsult Holding AS – key employees
13 Market Data Analysis
13.1 Construction Output and Value Add
13.1.1 Construction output by project type
13.1.2 Construction output by cost type
13.1.3 Construction output by activity type
13.1.4 Construction value add by project type
13.2 Commercial Construction
13.2.1 Commercial construction output by project type
13.2.2 Commercial construction output by cost type
13.2.3 Commercial construction output by activity type
13.2.4 Commercial construction value add by project type
13.3 Industrial Construction
13.3.1 Industrial construction output by project type
13.3.2 Industrial construction output by cost type
13.3.3 Industrial construction output by activity type
13.3.4 Industrial construction value add by project type
13.4 Infrastructure Construction
13.4.1 Infrastructure construction output by project type
13.4.2 Infrastructure construction output by cost type
13.4.3 Infrastructure construction output by activity type
13.4.4 Infrastructure construction value add by project type
13.5 Institutional Construction
13.5.1 Institutional construction output by project type
13.5.2 Institutional construction output by cost type
13.5.3 Institutional construction output by activity type
13.5.4 Institutional construction value add by project type
13.6 Residential Construction
13.6.1 Residential construction output by project type
13.6.2 Residential construction output by cost type
13.6.3 Residential construction output by activity type
13.6.4 Residential construction value add by project type
14 Appendix
14.1 What is This Report About?
14.2 Definitions
14.3 Summary Methodology
14.4 Methodology
14.5 Contact Timetric
14.6 About Timetric
14.7 Timetric's Services
14.8 Disclaimer
List of Tables
Table 1: Benchmarking with Other Major Construction Industries
Table 2: Commercial Construction Project 1 – Posten – Alnabru Logistics Center – Oslo
Table 3: Commercial Construction Project 2 – SUFC – Sandnes Ulf Stadium Development – Norway
Table 4: Commercial Construction Project 3 – CCB – Birkelandskrysset Traffic Hub – Hordaland
Table 5: Industrial Construction Project 1 – Hydro – Karmoy Aluminum Recycling Plant – Rogaland
Table 6: Industrial Construction Project 2 – Yara – Porsgrunn Fertilizer Production Plant Expansion – Telemark
Table 7: Industrial Construction Project 3 –Wintershall/Bayerngas/Agora/Edison/RWED – Skarfjell Oil Field Development – Norway
Table 8: Infrastructure Construction Project 1 – NPRA – Oslofjord Bridge – Norway
Table 9: Infrastructure Construction Project 2 – NPRA – Trondheim-Fosen Floating and Cable Stayed Bridge – Sor Trondelag
Table 10: Infrastructure Construction Project 3 – NPRA/Jernbaneverket – E6-Drovebanen Joint Development – Norway
Table 11: Institutional Construction Project 1 – MoC – Oslo New National Museum – Norway
Table 12: Institutional Construction Project 2 – Helse – Sarpsborg New Ostfold Hospital – Ostfold
Table 13: Institutional Construction Project 3 – OK – Munch Museum – Oslo
Table 14: Residential Construction Project 1 – Veifor – Hagebyen Housing Development – Akershus
Table 15: Residential Construction Project 2 – VEAS – Risenga Residential Development – Akershus
Table 16: Residential Construction Project 3 – Veidekke – Ensjo Marienfryd Housing Development: Stage V – Norway
Table 17: Aker Solutions ASA, Key Facts
Table 18: Aker Solutions ASA, Main Products and Services
Table 19: Aker Solutions ASA, History
Table 20: Aker Solutions ASA, Key Employees
Table 21: Veidekke ASA, Key Facts
Table 22: Veidekke ASA, Main Products and Services
Table 23: Veidekke ASA, History
Table 24: Veidekke ASA, Key Employees
Table 25: AF Gruppen ASA, Key Facts
Table 26: AF Gruppen ASA, Main Services
Table 27: AF Gruppen ASA, History
Table 28: AF Gruppen ASA, Key Employees
Table 29: BWG Homes ASA, Key Facts
Table 30: BWG Homes ASA, Main Products and Services
Table 31: BWG Homes ASA – History
Table 32: BWG Homes ASA, Key Employees
Table 33: Norconsult Holding AS, Key Facts
Table 34: Norconsult Holding AS, Main Services
Table 35: Norconsult Holding AS – History
Table 36: Norconsult Holding AS, Key Employees
Table 37: Norwegian Construction Output by Project Type (NOK Million), 2009–2013
Table 38: Norwegian Construction Output by Project Type (NOK Million), 2013–2018
Table 39: Norwegian Construction Output by Cost Type (NOK Million), 2009–2013
Table 40: Norwegian Construction Output by Cost Type (NOK Million), 2013–2018
Table 41: Norwegian Construction Output by Activity Type (NOK Million), 2009–2013
Table 42: Norwegian Construction Output by Activity Type (NOK Million), 2013–2018
Table 43: Norwegian Construction Value Add by Project Type (NOK Million), 2009–2013
Table 44: Norwegian Construction Value Add by Project Type (NOK Million), 2013–2018
Table 45: Norwegian Commercial Construction Output by Project Type (NOK Million), 2009–2013
Table 46: Norwegian Commercial Construction Output by Project Type (NOK Million), 2013–2018
Table 47: Norwegian Commercial Construction Output by Cost Type (NOK Million), 2009–2013
Table 48: Norwegian Commercial Construction Output by Cost Type (NOK Million), 2013–2018
Table 49: Norwegian Commercial Construction Output by Activity Type (NOK Million), 2009–2013
Table 50: Norwegian Commercial Construction Output by Activity Type (NOK Million), 2013–2018
Table 51: Norwegian Commercial Construction Value Add by Project Type (NOK Million), 2009–2013
Table 52: Norwegian Commercial Construction Value Add by Project Type (NOK Million), 2013–2018
Table 53: Norwegian Industrial Construction Output by Project Type (NOK Million), 2009–2013
Table 54: Norwegian Industrial Construction Output by Project Type (NOK Million), 2013–2018
Table 55: Norwegian Industrial Construction Output by Cost Type (NOK Million), 2009–2013
Table 56: Norwegian Industrial Construction Output by Cost Type (NOK Million), 2013–2018
Table 57: Norwegian Industrial Construction Output by Activity Type (NOK Million), 2009–2013
Table 58: Norwegian Industrial Construction Output by Activity Type (NOK Million), 2013–2018
Table 59: Norwegian Industrial Construction Value Add by Project Type (NOK Million), 2009–2013
Table 60: Norwegian Industrial Construction Value Add by Project Type (NOK Million), 2013–2018
Table 61: Norwegian Infrastructure Construction Output by Project Type (NOK Million), 2009–2013
Table 62: Norwegian Infrastructure Construction Output by Project Type (NOK Million), 2013–2018
Table 63: Norwegian Infrastructure Construction Output by Cost Type (NOK Million), 2009–2013
Table 64: Norwegian Infrastructure Construction Output by Cost Type (NOK Million), 2013–2018
Table 65: Norwegian Infrastructure Construction Output by Activity Type (NOK Million), 2009–2013
Table 66: Norwegian Infrastructure Construction Output by Activity Type (NOK Million), 2013–2018
Table 67: Norwegian Infrastructure Construction Value Add by Project Type (NOK Million), 2009–2013
Table 68: Norwegian Infrastructure Construction Value Add by Project Type (NOK Million), 2013–2018
Table 69: Norwegian Institutional Construction Output by Project Type (NOK Million), 2009–2013
Table 70: Norwegian Institutional Construction Output by Project Type (NOK Million), 2013–2018
Table 71: Norwegian Institutional Construction Output by Cost Type (NOK Million), 2009–2013
Table 72: Norwegian Institutional Construction Output by Cost Type (NOK Million), 2013–2018
Table 73: Norwegian Institutional Construction Output by Activity Type (NOK Million), 2009–2013
Table 74: Norwegian Institutional Construction Output by Activity Type (NOK Million), 2013–2018
Table 75: Norwegian Institutional Construction Value Add by Project Type (NOK Million), 2009–2013
Table 76: Norwegian Institutional Construction Value Add by Project Type (NOK Million), 2013–2018
Table 77: Norwegian Residential Construction Output by Project Type (NOK Million), 2009–2013
Table 78: Norwegian Residential Construction Output by Project Type (NOK Million), 2013–2018
Table 79: Norwegian Residential Construction Output by Cost Type (NOK Million), 2009–2013
Table 80: Norwegian Residential Construction Output by Cost Type (NOK Million), 2013–2018
Table 81: Norwegian Residential Construction Output by Activity Type (NOK Million), 2009–2013
Table 82: Norwegian Residential Construction Output by Activity Type (NOK Million), 2013–2018
Table 83: Norwegian Residential Construction Value Add by Project Type (NOK Million), 2009–2013
Table 84: Norwegian Residential Construction Value Add by Project Type (NOK Million), 2013–2018
Table 85: Timetric Construction Market Definitions
List of Figures
Figure 1: Growth Matrix for Construction Output in Norway(%), 2009–2018
Figure 2: Benchmarking with Other Major Construction Industries(%), 2009–2018
Figure 3: Norwegian Commercial Construction Output (US$ Million), 2009–2018
Figure 4: Norwegian Industrial Construction Output (US$ Million), 2009–2018
Figure 5: Norwegian Infrastructure Construction Output (US$ Million), 2009–2018
Figure 6: Norwegian Institutional Construction Output (US$ Million), 2009–2018
Figure 7: Norwegian Residential Construction Output (US$ Million), 2009–2018
Figure 8: Norwegian Construction Output by Project Type (NOK Million), 2009–2018
Figure 9: Norwegian Construction Output by Cost Type (NOK Million), 2009–2018
Figure 10: Norwegian Construction Output by Activity Type (NOK Million), 2009–2018
Figure 11: Norwegian Construction Value Add by Project Type (NOK Million), 2009–2018
Figure 12: Norwegian Commercial Construction Output by Project Type (NOK Million), 2009–2018
Figure 13: Norwegian Commercial Construction Output by Cost Type (NOK Million), 2009–2018
Figure 14: Norwegian Commercial Construction Output by Activity Type (NOK Million), 2009–2018
Figure 15: Norwegian Commercial Construction Value Add by Project Type (NOK Million), 2009–2018
Figure 16: Norwegian Industrial Construction Output by Project Type (NOK Million), 2009–2018
Figure 17: Norwegian Industrial Construction Output by Cost Type (NOK Million), 2009–2018
Figure 18: Norwegian Industrial Construction Output by Activity Type (NOK Million), 2009–2018
Figure 19: Norwegian Industrial Construction Value Add by Project Type (NOK Million), 2009–2018
Figure 20: Norwegian Infrastructure Construction Output by Project Type (NOK Million), 2009–2018
Figure 21: Norwegian Infrastructure Construction Output by Cost Type (NOK Million), 2009–2018
Figure 22: Norwegian Infrastructure Construction Output by Activity Type (NOK Million), 2009–2018
Figure 23: Norwegian Infrastructure Construction Value Add by Project Type (NOK Million), 2009–2018
Figure 24: Norwegian Institutional Construction Output by Project Type (NOK Million), 2009–2018
Figure 25: Norwegian Institutional Construction Output by Cost Type (NOK Million), 2009–2018
Figure 26: Norwegian Institutional Construction Output by Activity Type (NOK Million), 2009–2018
Figure 27: Norwegian Institutional Construction Value Add by Project Type (NOK Million), 2009–2018
Figure 28: Norwegian Residential Construction Output by Project Type (NOK Million), 2009–2018
Figure 29: Norwegian Residential Construction Output by Cost Type (NOK Million), 2009–2018
Figure 30: Norwegian Residential Construction Output by Activity Type (NOK Million), 2009–2018
Figure 31: Norwegian Residential Construction Value Add by Project Type (NOK Million), 2009–2018
To order this report: Construction in Norway – Key Trends and Opportunities to 2018
http://www.reportlinker.com/p02238330/Construction-in-Norway-–-Key-Trends-and-Opportunities-to-2018.html
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