The Construction market in China is booming as the government is making efforts to bring it on par with the other emerging and developed countries in terms of infrastructure. Investments being made in the construction industry have been increasing drastically. One of the primary focuses of the 12th five-year plan (2011-2015) is on developing the construction sector in the country. NDRC has approved 55 major construction projects in the country. Out of the total approved projects, nearly 50% consist of railway projects. These large investments will not only drive the entire Earthmoving Equipment market in China but also boost the construction industry across the country.
The analysts forecast Construction market in China to grow at a CAGR of 12.14% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Construction market in China for the period 2015-2019. To calculate the market size, the report considers the construction market revenue as part of the GDP. The report also provides a forecast on the basis of market segmentation in China. The performance of the Construction market in China is forecast with the help of the predicted CAGR after the analysis of the present condition of the market. The report presents a detailed analysis of the key vendors operating in the market. In addition, it discusses the major drivers that influence growth, the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.
- China Railway Construction
- China State Construction Engineering
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Other Prominent Vendors
- Dongfang Electric Corporation
- Guangsha Construction Group
- Sichuan Huashi Group
- Government Initiatives
- Weak Regulatory Framework
- Increase in Sustainable Building
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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