Showing posts with label Brazil Construction Market Forecast. Show all posts
Showing posts with label Brazil Construction Market Forecast. Show all posts

Monday, March 20, 2017

Construction in Brazil - A Breakthrough Progression: Ken Research

Ken Research has released report on the growth estimates of Construction in Brazil, in the global market titled, “Construction in Brazil, Key Trends and Opportunities to 2020". This report renders comprehensive market analysis on the construction industry in Brazil involving the construction industry’s growth prospects by market, project type and construction activity, analysis of equipment, material and service costs for each project type, the risks and assessments to participants in the industry, profiles of the leading operators and the data highlights of the largest construction projects.
Brazil Construction Market Growth
This report taps on the historical (2011-2015) and forecast (2016-2020) valuations of the construction industry, segmentation by sector and by project type, breakdown of values within each project type, by type of activity and by type of cost and as well as the analysis of key construction industry issues, including regulation, cost management, funding and pricing.
Construction Industry: Drivers and Constraints
The construction industry sector can be contemplated at the core of world economy. It is the backbone of modernization. By definition, the construction industry is that sector of the national economy engaged in the preparation of land, construction, alteration and repair of buildings, structures and other real property. Thus, the industry is mainly urban based. With this reference, industry growth in Brazil was enumerated to be inadequate during the review period from 2011-2015. The precipitation was due to the economic recession, which further contributed to the deterioration of the business environment in addition to the weak investor confidence which altogether resulted in the depletion of the construction industry. Accordingly, during the same period, the industry’s output value dwindled at a compound annual growth rate of -0.32%. Moreover, the large quantitative and qualitative infrastructure deficiencies resulting from the chronic underinvestment in construction of infrastructure in the last decade represent one of the main obstacles to economic growth and create an urgent need for action.
Despite these shortcomings for the construction industry growth, it has been anticipated to grow with nominal improvement. Although the economic recession is predicted to prevail until 2017, during which the industry’s growth will remain impeded. The recovery and minimal improvement phase will begin from 2018 subsidized by a gradual recovery in economic conditions succeeding improvements in investor and consumer confidence. The drivers also include positive socio-demographic trends, rising middle-class population, large housing shortage estimated at over 5mn units in 2014 and underserved demand for modern non-residential buildings. To regenerate the economic growth, the government has made efforts through incorporating flagship programs like ‘My House, My Life’, the Logistics Investment Program, Plano Decenal de Energia 2024 (PDE 2024) and the National Education Plan which are anticipated to boost the industry's growth over the forecast period of 2014-2024.
There are several working examples of the Brazilian government’s efforts as well. For example, privatization being considered as a means to stimulate economic growth, has been a major opportunity following which it introduced Projeto Crescer (Project Growth), an infrastructure privatization program aimed at stimulating private sector investment, anticipated to uplift the construction industry over the forecast period, in September 2016. The Chinese government is also expected to invest in infrastructure, energy, manufacturing and mining projects. In addition, as a part of the new energy plan PDE 2024, the Ministry of Mines and Energy revised the country's solar energy targets as compared to the target planned for 2023, in January 2016. The initial target includes producing 3,500MW of solar power by 2023 while the new target includes generating 7,000MW of solar energy by 2024.
Scope
Construction Industry can thus be reckoned as a flourishing industry in the forecast period if not now for the Brazilian economy complemented with the continuation of the developmental process. Hitherto, the decelerating economy, stubbornly high inflation and restricted credit supply coupled with slowing domestic demand stemming from record-low consumer and investor confidence are all affecting the development of the Brazilian construction sector but despite these existing economic woes, political turbulence and concerns, Brazil's building industry showed up in an eminent form at Feicon Batimat in 2016, one of Latin America's largest annual construction trade events and is relentlessly working to improvise over its industry growth.
The key leaders identified to be working upon the improvement of the construction industry include the Odebrecht S.A., The CCR Group, Cyrela Brazil Realty SA Empreendimentos e Participacoes, Construtora e Incorporadora SA, and Gafisa SA.
Key Topics Covered in the Report:
Brazil Construction Industry Research Report
Brazil Construction Industry Trends
Brazil Construction Market Forecast
Global Construction Industry Research
Brazil Commercial Construction Industry
Brazil Residential Construction Market
New Construction Projects Brazil
Brazil Construction Equipment Market
Brazil Construction Industry Competition
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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Friday, December 30, 2016

Brazil witnessing Boost in Construction Sector: Ken Research

Ken Research has announced recent publication titled Construction in Brazil, Key Trends and Opportunities to 2020”, analyses Brazil construction sector present and forecast. The report discusses Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type. Further report breakdowns by 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). It also discusses key construction industry issues, including regulation, cost management, funding and pricing.

Key topics covered in this report
·         Growth analysis of construction in brazil
·         Governmental initiatives to support Brazilian construction industry
·         20 largest construction companies in brazil
·         Opportunities for investers
·         Brazil Construction Industry Research
·         Construction Sector Trends Brazil
·         Brazil Construction Market Forecast
·         Global Construction Industry Research
·         Brazil Commercial construction industry
·         Brazil residential construction market
·         New Construction Projects Brazil
·         Brazil construction equipment market
·         Growth Matrix for Construction Output in Brazil
·         Brazilian Infrastructure Construction Output

Construction activity in Brazil was weak during 2011-2015 following the economic recession, which resulted in a deteriorating business environment and a reduction in construction activity.The industry is expected to remain under control over the forecast period (2016-2020), though with a slight improvement. The probable persistence of the economic recession until 2017 is expected to hinder the industry's growth during 2016-2017.The industry, however, is expected to recover and record minimal growth from 2018, supported by a gradual recovery in economic conditions and subsequent improvements in investor and consumer confidence.
Government efforts to kick-start economic growth through the implementation of flagship programs such as 'My House, My Life', the Logistics Investment Program, Plano Decenal de Energia 2024 (PDE 2024) and the National Education Plan 2014-2024 are expected to support the industry's growth over the period 2016-2020
Funds from Chinese investors are supporting Brazilian construction industry. In September 2016, the Brazilian and Chinese governments signed a memorandum of understanding for the implementation of projects worth BRL73.2 billion (US$20.0 billion) in Brazil. The Chinese government will invest in infrastructure, energy, manufacturing and mining projects.
In January 2016, the Ministry of Mines and Energy revised the country's solar energy targets as compared to the target planned for 2023, as a part of the new energy plan PDE 2024. Initially, the government announced plans to produce 3,500MW of solar power by 2023. Under the new target, the government is planning to generate 7,000MW of solar energy by 2024. These government initiatives are expected to support the energy and utilities construction market over the forecast period.

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Related Reports

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204