Research and Markets: Construction in the UK - Key Trends and Opportunities to 2016

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/4763nv/construction_in) has announced the addition of the "Construction in the UK - Key Trends and Opportunities to 2016" report to their offering.

The UK construction market valued GBP122.3 billion (US$196.1 billion) in 2011, and recorded a CAGR of -0.96% during the review period. The market is expected to grow at a CAGR of 0.05% over the forecast period. Residential construction was the largest market with 36.5% of the overall industry value, and recorded a CAGR of 0.12% during the review period. The residential construction market valued GBP44.6 billion (US$71.6 billion) in 2011. The UK currently faces a housing shortage, however, prospective buyers, particularly first-time buyers, are experiencing difficulty in obtaining mortgages due to high deposit requirements. Developers are also concerned about selling properties in the unstable economic conditions.

Synopsis

This report provides detailed market analysis, information and insights into the UK construction market, including:

- The UK construction market's growth prospects by sector, project type and type of construction activity

- Analysis of equipment, material and service costs across each project type within the UK

- Critical insight into the impact of industry trends and issues and the risks and opportunities they present to participants in the UK construction market

- Assessment of the competitive forces facing the construction industry in the UK and profiles of the leading players

- Profiles of the ten largest construction projects in the UK

Key Highlights

- Residential construction was the largest market with 36.5% of the overall industry value, and recorded a CAGR of 0.12% during the review period. The residential construction market valued GBP44.6 billion (US$71.6 billion) in 2011.

- Despite a demand for affordable housing, the housing market is undersupplied. Developers are reluctant to invest as buyers are not able to obtain the necessary credit.

- The Olympic games provided a requisite boost to the UK construction industry during a period where the housing industry was slowing. This boost, however, was temporary, and not sufficient to contribute significantly to the declining residential construction market. The Olympic quarter is to be converted into a business and residential area with around 40,000 homes built in the vicinity. This will relieve pressure on local housing in London and provide much needed employment.

- Cautious consumer spending has led to a subdued retail sector. A new retail model is emerging which consists of large flagship stores in prime locations combined with smaller stores in satellite locations.

- Budget cuts for both the education and the health sector will limit the growth of the institutional construction category. The present coalition government has cancelled the GBP55 billion Building Schools for the Future (BSF) program that was started in 2004 and introduced the GBP2 billion Priority School Building Program.

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Construction Industry Dynamics

4 Market Dynamics

5 Construction Value Add

6 Business Attractiveness

7 Price Dynamics

8 Porter's Five Forces Analysis for the UK Construction Industry

9 Total Construction Activity

10 Construction Output

11 Construction Value Add

12 Company Profile: Balfour Beatty Plc

13 Company Profile: Carillion Plc

14 Company Profile: Laing O'Rourke Plc

15 Company Profile: Taylor Wimpey Plc

16 Company Profile: Kier Group Plc

17 Top 10 Project Profiles

18 Construction Indicators

For more information visit http://www.researchandmarkets.com/research/4763nv/construction_in

Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Construction

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Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Construction