Press release
Germany construction industry Projected to Show Stable Performance: Ken Research
Germany Commercial construction Market
Germany has a GDP of over USD 3.8 trillion. Its economy is a social market economy with highly skilled labour force, a large capital stock, a low level of corruption, and a high level of innovation. The service sector is the largest sector of the economy , followed by manufacturing sector then primary sector . It is the world’s third largest exporter of goods . In 2014, it recorded the highest trade surplus in the world at worth 285 billion USD making it the largest capital exporter. Germany is known for its specialized small and medium enterprise known as the Mittelstand model.
The Germany has a fair share in economic problems as well. It suffers from the problem of stagnant wages, inadequate investment , broken bank and poor productivity growth. It is quite difficult to start a business in this country . It ranked at 114th place at ease of doing business index leading to high migration of its entrepreneurs to the silicon valley.
One of major issue that the industry faces is the problem of poor payment behavior by the public buyers and puts a pressure on the supplier’s liquidity. The sector is quite risky due to low equity ratio and limited financial scope. Additionally, due to low availability of background information, the issue of credibility is a concern for many.
The industry has slowed down a little in the recent past due to euro zone crisis as it led to poor investor confidence. However, it is expected that construction work will pick up as the government plans to develop the country’s transport infrastructure and phase out nuclear energy production by 2022. The other major drivers for this industry are low cost of borrowing, higher spending on social housing and special tax incentive to investors.
Topics Covered in the Report
Germany construction Industry Research Report
Germany Institutional Construction market
New Institutional projects Germany
Germany Construction Market Players
Germany Infrastructure Industry Trends
Germany Residential Construction Sector
Germany Real Estate Industry
Germany Commercial construction Market
Germany Construction Industry Future Outlook
Germany Construction Market size
Germany Construction Market growth
Germany Construction Market trends
Germany Construction Market future
Germany Construction Market share
Germany Construction Market analysis
For more details click on the link below
https://www.kenresearch.com/manufacturing-and-construction/infrastructure/construction-germany-key-trends/80399-97.html
Related Links
https://www.kenresearch.com/manufacturing-and-construction/infrastructure/worldwide-construction-industry-research-report/115-97.html
https://www.kenresearch.com/manufacturing-and-construction/infrastructure/construction-malaysia-key-trends/80401-97.html
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204
The German construction industry's growth prospects by market, project type and type of construction activity
Analysis of equipment, material and service costs across each project type within Germany
Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the German construction industry
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204
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