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The Future of Construction in Germany
World Market Intelligence, Feb 2010, Pages: 92
This report is the result of our extensive market, company and deals research covering Germany construction market. It provides detailed segmentation of historic and forecast construction sales, segmented down to market and category level; analysis of the leading companies in the German construction market; and analysis of the key financial deals involving construction players in Germany.
“The Future of Construction in Germany” provides both top-level overview and detailed market and category and company-specific insights into Germany’s construction industry environment. It is an essential tool for companies active across Germany’s construction value chain and for new players considering entering Germany’s construction market.
Construction Market Trends
- Regional variations: There is a major difference in the level of new construction activities, depending on the region in the country. Activities involving new construction experienced a growth of 7.2% in West Germany, as against the 3.9% decline in West Germany; and this difference is gradually increasing.
- Germany likely to remain market leader in Europe: Germany is likely to maintain its status as the leading construction market in Europe, in spite of its building sector being impacted by the downturn in the global economy. Although, there will be a slow down in the industry owing to the financial crisis, steps have been taken by the Government to be implemented in 2009 and 2010 for supporting investments and contracts.
- Residential construction leading: Residential construction has contributed to more than half of the construction works, in terms of value during 2008. This was followed by infrastructure construction and commercial construction, which were much lagging behind the residential construction.
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