Rising Demand For Construction Industry In Japan - Key Trends and Opportunities to 2020

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In real terms, the Japanese construction industry will expand slowly over the forecast period (20162020), with investments in infrastructure, healthcare, education and housing construction projects continuing to drive growth.

Growth will also be driven by the countrys Vision 2020, under which the government aims to develop road, rail, airport and other infrastructure projects. Infrastructure and commercial building projects related to the 2020 Olympic Games will also be a source of growth.

However, there remains some major downside risks associated with the construction industrys outlook in Japan over the forecast period. Notably, deflation in the country despite massive government stimulus packages and high government debts will hold back government investment in infrastructure projects over the forecast period.

The industrys output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 1.26% over the forecast period, compared to 1.99% during the review period (20112015).

Summary
Timetrics Construction in Japan Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into Japanese construction industry including:

Japanese 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 Japan

Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Japanese construction industry

Analyzing the profiles of the leading operators in the Japanese construction industry.

Data highlights of the largest construction projects in Japan

Scope
This report provides a comprehensive analysis of the construction industry in Japan. It provides:

Historical (2011-2015) and forecast (2016-2020) valuations of the construction industry in Japan using construction output and value-add methods

Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type

Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)

Analysis of key construction industry issues, including regulation, cost management, funding and pricing

Detailed profiles of the leading construction companies in Japan

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Reasons To Buy
Identify and evaluate market opportunities using Timetric'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 Timetric's critical and actionable insight.

Assess business risks, including cost, regulatory and competitive pressures.

Evaluate competitive risk and success factors.

Key Highlights
The countrys construction industry is expected to be supported by the Japan Vision 2020 program, through which the government aims to reconstruct earthquake-damaged properties across the country. Accordingly, the government introduced new taxes and social security reforms to generate revenue to reconstruct the countrys damaged infrastructure.

The Japanese residential property market is becoming lucrative for foreign investors, mainly due to depreciating domestic currency against the US dollar. The Japanese yen depreciated against the US dollar by nearly 51.0% since 2012 and reached a 22-year low in 2015. In addition, the 2020 Olympic Games are expected to increase property prices by 2020, attracting foreign investors.

The infrastructure market is expected to benefit from government plans to develop infrastructure to transport tourists during the 2020 Olympic Games. Accordingly, in 2015, the government allocated JPY3.5 trillion (US$29.1 billion) for the construction of bridges, roads, tunnels, rail and other related infrastructure to support economic growth by 2020.

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