Construction Market: A Well-Defined Technological Growth Map With An Impact-Analysis

HTF MI recently introduced a survey analysis on 'Construction in New Zealand - Key Trends and Opportunities to 2025 (H1 2021)', Market. The ultimate purpose of this research study is to provide consumer goods and retail companies with the global and local insights about specific behaviours and preferences of their target audience / consumers in 'Construction in New Zealand - Key Trends and Opportunities to 2025 (H1 2021)', Industry. By providing insights on market maker i.e different customer segments, companies can tailor their business strategies for maximum success.

Access sample report @ https://www.htfmarketreport.com/sample-report/3283928-construction-in-new-zealand-key-trends-and-opportunities-to-2025

Summary

New Zealand’s construction industry recorded an annual average growth rate of 6.6% between 2016-2019. Following the outbreak of the COVID-19 pandemic, however, the industry contracted by 7.3% in real terms in 2020. The lockdown restrictions imposed by the government in the first half of the year and the resultant economic uncertainty and weakness severely impacted activity in the industry. The downturn was further exacerbated by delays in project implementation and the re-allocation of part of the government’s budget towards its management of the COVID-19 pandemic.

GlobalData expects the construction industry to recover in 2021, growing by 5.5% in real terms. To support both the wider economy and the construction industry, the government announced plans to fund large shovel-ready infrastructure projects in March 2020. Accordingly, in early April 2020, the government announced the formation of the Infrastructure Industry Reference Group (IIRG), comprising a group of industry leaders, and tasked them with identifying public, as well as private sector shovel-ready infrastructure projects with a value of NZD10 million (US$5.8 million) or above. As of the end of January 2021, the government has approved projects worth NZD4.7 billion (US$2.7 billion) for the IIRG.

The industry is expected to register an average annual growth of 3.5% between 2022 and 2025, supported by investments in residential, transport, institutional and renewable energy projects. As part of the COVID-19 Response and Recovery Fund (CRRF), in May 2020 the government allocated NZD3 billion (US$1.7 billion) to fund infrastructure projects across the country. In addition, growth will also be supported by an investment of NZD12 billion (US$7 billion) to build and upgrade road, rail, school and hospital projects under the New Zealand Upgrade Programme.

This report provides detailed market analysis, information, and insights into New Zealand’s construction industry, including -
- New Zealand’s construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in New Zealand’s construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Scope

This report provides a comprehensive analysis of the construction industry in New Zealand. It provides -
- Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in New Zealand, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

- Identify and evaluate market opportunities using GlobalData's standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using GlobalData's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.

Companies Mentioned in the Report

Get Customization in the Report, Enquire Now @ https://www.htfmarketreport.com/enquiry-before-buy/3283928-construction-in-new-zealand-key-trends-and-opportunities-to-2025

Table of Contents
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 COVID-19 Status
4 Construction Outlook
4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
4.6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
7.1 What is this Report About?
7.2 Definitions
7.3 GlobalData Construction
Contact UsList of Tables
Table 1: Construction Industry Key Data
Table 2: New Zealand, Key Economic Indicators
Table 3: New Zealand, Commercial Construction O

....Continued

View Detailed Table of Content @ https://www.htfmarketreport.com/reports/3283928-construction-in-new-zealand-key-trends-and-opportunities-to-2025

It's vital you keep your market knowledge up to date. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization accordingly.

Purchase Single User License of this report at USD1495@ https://www.htfmarketreport.com/buy-now?format=1&report=3283928

Thanks for showing interest in 'Construction in New Zealand, Industry Research Publication; you can also get individual chapter wise section or region wise report version like LATAM, North America, MENA, Southeast Asia, Europe, APAC, United States or China etc

PR & Marketing Manager
HTF Market Intelligence Consulting Pvt. Ltd.
1-206-317-1218

Connect with us at LinkedIn | Facebook | Twitter

About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.

This release was published on openPR.