Construction Market in China 2015-2019
|出版商||TechNavio (Infiniti Research Ltd.)||商品編碼||330804|
|出版日期||內容資訊||英文 62 Pages
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.
Technavio's analysts forecast the Construction market in China to grow at a CAGR of 12.14% over the period 2014-2019.
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.