Global Construction Industry Outlook Survey 2011–12: Industry Dynamics, Market Trends and Opportunities, Buyer Spend and Procurement Strategies

31 May 2011 • by Natalie Aster

“The construction industry has high revenue growth expectations for 2011. A comparison of current results with a survey carried out by ICD Research in 2009, „Global Construction and Architecture Supplier Industry Outlook to 2010: Marketing and Sales Strategies and the Impact of Recession and Recovery‟, reveals higher levels optimism in the construction industry in 2011, as 53% of respondents expect revenue growth in this year, compared to 34% in 2009.”

The report “Global Construction Industry Outlook Survey 2011–12: Industry Dynamics, Market Trends and Opportunities, Buyer Spend and Procurement Strategies” by iCD Research is the result of an extensive survey drawn from ICD Research’s exclusive panel of leading construction industry companies.

As most countries emerge from the effects of recession, this report provides the reader with a definitive analysis of industry outlook and explores how opportunities and demand are set to change in 2011–12. Furthermore, the report not only grants access to the opinions and strategies of business decision makers and competitors, but also examines the actions surrounding business priorities. The geographical scope of the research is global – drawing on the activity and expectations of leading industry players across the Americas, Europe, Asia Pacific and Africa & Middle East.

The report provides access to information categorized by region, company type and size, in addition to examining the following:

  • Revenue growth expectations;
  • Market-specific growth opportunities;
  • M&A;
  • Leading business concerns;
  • Procurement expenditure trends;
  • Factors for supplier selection.

Report Details:

Global Construction Industry Outlook Survey 2011–12: Industry Dynamics, Market Trends and Opportunities, Buyer Spend and Procurement Strategies
Published: May, 2011
Pages: 121
Price: US$ 2,000.00

Report Sample Abstract

Revenue growth expectations by region

Of all respondents, 58% of companies that operate in the Asia-Pacific region are ‘more optimistic’ about revenue growth over the next 12 months, compared to 45% in the rest of the world region, 45% in North America and 55% in Europe. The construction industry is dependent on the economic cycle, and a number of regions are struggling to recover from the economic downturn. Although only a small number of respondents are ‘less optimistic,’ most of them are based in Europe, and this reflects the subdued outlook in this region.

The International Monetary Fund (IMF) predicts that growth rates for 2011 will be slow in developed economies. However emerging markets will experience growth, and plans for increased expenditure on infrastructure in countries such as China and India will translate into opportunities for construction companies. Most construction growth in 2011–2015 is likely to happen in these markets, along with Brazil and countries in the Asia-Pacific region and the Middle East.

Opportunities within the construction machineries industry have attracted the attention of a number of global manufacturers and exporters, and in recent years Indian producers of both heavy and light machines have performed well in the domestic and global market. Indian government reforms and the country’s trade pact with neighboring countries have also contributed to growth in the Indian construction machinery industry. The construction industry in India and China is also aided through the migration of people from rural to urban areas, and this is reflected in revenue figures. For example, Indian engineering and construction company Larsen & Toubro reported a 10.67% increase in profits in the fourth quarter of 2010 compared to the same period in 2009, and has similar projections for 2011. Additionally, Emaar Properties PJSC, which is based in the Middle East, recorded a net operating profit of US$826 million in 2010, which was 31% higher than its net operating profit of US$633 million in 2009. Annual revenue for 2010 was US$3.308 billion, which was 44% higher than the company’s 2009 revenue of US$2.29 billion.

More information can be found in the report “Global Construction Industry Outlook Survey 2011–12: Industry Dynamics, Market Trends and Opportunities, Buyer Spend and Procurement Strategies” by iCD Research.

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