Energy Efficient Building Construction Will Boost the Construction Market in South Africa from 2015 to 2019: TechNavio

LONDON--()--Thanks to rapid urbanization, the Construction Market in South Africa is expected to grow at a CAGR of 7.78 percent from 2015-2019, says research firm TechNavio.

About the Report

According to the latest report from TechNavio, the gap between energy supply and demand in South Africa has led construction companies in the country to focus on energy-efficient building construction.

“The Department of Trade and Industry (DTI) has introduced mandatory energy-efficiency regulations for new buildings, in an effort to reduce the burden on power generation plants and electricity supply grids,” says Faisal Ghaus, Vice President of TechNavio.

Features like rainwater harvesting and renewable energy water heating systems are being extensively used in new construction projects. Existing projects are also in the process of updating these features, so as to fulfill efficiency guidelines.

“Special attention is being paid to construction of eco-friendly and energy-efficient homes as the urban residential sector is the major consumer of electricity,” says Ghaus.

Furthermore, in an effort to curtail infrastructure financing challenges and reduce the infrastructure gap on the continent, governments in many African countries are adopting public-private partnership models for the development of social and economic infrastructure.

Key Information Covered in the Report:

  • Market segmentation, size and forecast through 2019
  • Market Growth Drivers:
  • Market Challenges:
  • Market Trends:
    • Focus on Energy-efficient Building Construction
    • For a full detailed list, view our report.
  • Key Vendors:
    • Aveng
    • Group Five
    • Murray and Roberts
    • WBHO
  • Other Prominent Vendors:
    • Calgro
    • Esor
    • Fluor South Africa
    • Raubex

TechNavio currently has more than 3000 market research reports on a huge range of topics, including 300+ reports on the construction market:

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

TechNavio Research
Jes Ellacott
US: +1 630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
media@technavio.com
www.technavio.com

Release Summary

The Construction Market in South Africa is expected to grow at a CAGR of 7.78 percent from 2015-2019, says research firm TechNavio.

Contacts

TechNavio Research
Jes Ellacott
US: +1 630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
media@technavio.com
www.technavio.com