About Construction Market in Australia The construction market in Australia comprises around 200,000 companies, representing 20% of all companies operating in the country. As of May 2013, there were 133,230 people working in the Australian construction industry, of which close to 24,000 people worked on resource industry (mining and energy) infrastructure construction projects. The construction industry in the Australia can be broadly categorized into two: building construction and engineering construction. Technavio's analysts forecast the construction market in Australia to grow at a CAGR of 6.3 % over the period 2014-2019. Covered in this Report This report covers the present scenario and the growth prospects of construction market in Australia for the period 2015-2019. The market size has been calculated based on the contribution of the construction industry to the GDP of Australia. The report presents five key vendors and a detailed analysis of these vendors. Market growth drivers, the challenges faced by vendors and the industry as a whole, as well as key trends emerging in the market are also discussed in the report. Key Vendors o ADCO o AV Jennings o BCI o Bechtel o Devine ConstructionsOther Prominent Vendors o BMD Constructions o Brookfield Multiplex o Cardno o Hansen Yuncken Market Driver o Government Investments o For a full, detailed list, view our report
Market Challenge o Escalation in Cost of Projects o For a full, detailed list, view our report Market Trend o Focus on Green Buildings o For a full, detailed list, view our report
Key Questions Answered in this Report o What will the market size be in 2018 and what will the growth rate be? o What are the key market trends? o What is driving this market? o What are the challenges to market growth? o Who are the key vendors in this market space? o What are the market opportunities and threats faced by the key vendors? o What are the strengths and weaknesses of the key vendors?
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