Norway Commercial Construction Industry to Witness Positive Growth: Ken Research
Ken Research has announced publication
titled, “Commercial
Construction in Norway to 2020: Market Forecast” which provides detailed historic and forecast market
value data for the commercial construction industry, including a breakdown of
the data by construction activity (new construction, repair and maintenance,
refurbishment and demolition).
The
report includes historical and forecast valuations of the industry that use the
construction output and value added methods.
It furnishes a top-level overview and detailed insight into the
operating environment of the commercial construction industry in Norway and is
a requisite device for companies active across the Norwegian construction value
chain and for new players who consider entering the market.
It evaluates
competitive risk and success factors and makes it easy to form and validate
corporate strategies for achieving the goals efficiently and effectively.
With over five million inhabitants living among mountains,
lakes, glaciers, and deep coastal fjords carving up Norway, building a
sustainable infrastructure is a mammoth undertaking, where helicopters play a
fundamental role since major commercial construction takes place with the help
of helicopters only in the country.
Regardless of the period of subside in the wake of the world
economic recession, the commercial construction market is anticipated to
showcase a considerable growth in the near term, mainly owing to the global
economic stabilization.
Currently, Asia-Pacific is the leading regional market for
commercial construction and the healthcare as well as entertainment facilities
construction account for the largest segments of the overall commercial
construction market and therefore it is to be balanced for stable growth in
other regions in the years to come.
Government Initiatives
To balance demand and supply for housing and energy are
expected to support construction industry growth over the forecast period and
also according to Statistics Norway, the number of new residential building
permits issued in the country grew by 14.9% in 2015 relative to 2014.
To develop the country’s transport infrastructure and
improve regional connectivity are expected to support the construction
industry’s growth in the years to proceed. As part of the move, the government
is implementing the fourth edition of the National Transport Plan over the
period 2014–2023, with a total investment of USD 86.5 billion.
Key Factors
Considered in the Report
Norway construction Industry Research Report
Norway Institutional Construction market
New Institutional projects Norway
Norway Construction Market Players
Norway Infrastructure Industry Trends
Norway Residential Construction Sector
Norway Real Estate Industry Future Outlook
For more coverage click on the link below:
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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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