Construction in Finland Market 2017- By Plan Future Business Decisions Using the Forecast Figures 2021

WiseGuyReports published new report, titled “Construction in Finland”

Synopsis

The Finnish construction industry gained traction during 2015–2016, following an average annual contraction of 3.8% in real terms during 2012–2014. This growth in the industry was supported by a gradual improvement in regional economic conditions and restored business confidence, which in turn increased the pace of construction activity in the country.
Over the forecast period (2017–2021), the industry’s expansion is expected to be supported by a revival in investor confidence, which is expected to add momentum to the flow of public and private sector investments in residential, commercial and transport infrastructure projects.

Industry growth is expected to be supported by the government’s effort to upgrade the country’s infrastructure through the implementation of government flagship programs such as the General Government Fiscal Plan for 2017−2020 and the National Energy and Climate Strategy 2030. The industry’s output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 3.18% over the forecast period, compared to 1.00% during the review period (2012–2016).

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Summary

Construction in Finland – Key Trends and Opportunities to 2021 report provides detailed market analysis, information and insights into the Finnish construction industry, including:
• The Finnish construction industry's growth prospects by market, project type and construction activity
• Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Finnish construction industry
• Profiles of the leading operators in the Finnish construction industry

Scope

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

• Historical (2012-2016) and forecast (2017-2021) valuations of the construction industry in Finland using construction output and value-add methods
• Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
• 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)
• Detailed profiles of the leading construction companies in Finland

Key points to buy

• Identify and evaluate market opportunities using 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 critical and actionable insight.
• Assess business risks, including cost, regulatory and competitive pressures.
• Evaluate competitive risk and success factors.

Key Highlights

• In order to accommodate the growing number of passenger volumes, the Finnish Civil Aviation Administration is expanding the Helsinki-Vantaa airport with a total investment of EUR1.1 billion (US$1.4 billion). Upon its successful completion in 2021, the airport is expected to handle 20.0 million passengers every year.

• The government’s efforts to bridge the gap between housing demand and supply in the country is expected to support the expansion of the residential construction market over the forecast period. According to the residential construction market is expected to maintain its leading share in the industry over the forecast period, to account for 34.5% of the industry’s total value in 2021.
• In a bid to upgrade the country’s energy infrastructure, the Energy Authority of Finland is implementing the Main Grid Development Plan 2015–2025. With a total investment of EUR1.2 billion (US$1.3 billion), the plan includes the construction of 30 new substations, 3,000 km of transmission and distribution lines, and the installation of power transformers, cable towers and safety systems across the country by 2025.
• As a part of the General Government Fiscal Plan for 2017−2020, the government announced plans to invest EUR700.0 million (US$774.0 million) until 2020 to develop various transport infrastructure projects in the country. According to the infrastructure construction market is expected to post a nominal forecast-period CAGR of 4.29%, as compared to 1.13% registered during the review period.
• Under the National Energy and Climate Strategy 2030, the government aims to meet the country’s energy needs, primarily through electricity generated from renewable sources. Accordingly, in April 2016 the Finnish Wind Energy Association announced plans to implement the Wind Farms Program until 2020. With a total investment of EUR1.0 billion (US$1.1 billion), the program includes the construction of several wind farms across the country, with a combined capacity of 759.0MW.

Table of Contents

1 Executive Summary
2 Industry Outlook
3 Key Issues and Developments
4 Market Data Analysis
5 Company Profile: YIT Corporation
6 Company Profile: Lemminkainen Oyj
7 Company Profile: SRV Group Plc
8 Company Profile: Fira Oy
9 Company Profile: Hartela Yhtiot Oy
10 Appendix

..CONTINUED

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This release was published on openPR.