Non-Residential Construction in South Korea - Market Summary, Competitive Analysis and Forecast to 2025

Non-Residential Construction in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

The non-residential construction market is defined as the value of work put in place annually for non-residential buildings. The five included segments are commercial construction, industrial construction, infrastructure construction, energy and utilities construction and institutional construction. Market value is defined as the output value of construction activity in any given time period, including costs related to construction materials, equipment and services in new construction, refurbishment, repair and maintenance and demolition. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
The South Korean non-residential construction sector had total revenues of $135.4bn in 2020, representing a compound annual growth rate (CAGR) of 2.2% between 2016 and 2020.
The commercial construction segment was the sector's most valuable in 2020, with total revenues of $42.2bn, equivalent to 31.2% of the sector's overall value
South Korea’s successful containment of the pandemic, without the need for nationwide lockdowns meant construction activity was not as severely affected when compared to other countries.

Scope

Save time carrying out entry-level research by identifying the size, growth, and leading players in the non-residential construction market in South Korea
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-residential construction market in South Korea
Leading company profiles reveal details of key non-residential construction market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the South Korea non-residential construction market with five year forecasts by both value and volume

Reasons to Buy

What was the size of the South Korea non-residential construction market by value in 2020?
What will be the size of the South Korea non-residential construction market in 2025?
What factors are affecting the strength of competition in the South Korea non-residential construction market?
How has the market performed over the last five years?
How large is South Korea’s non-residential construction market in relation to its regional counterparts?

Frequently Asked Questions about the Non-Residential Construction Market in South Korea

What is the estimated value of the Non-Residential Construction Market in South Korea?

The Non-Residential Construction Market in South Korea was estimated to be valued at $135.4 Billion in 2020.

What is the growth rate of the Non-Residential Construction Market in South Korea?

The growth rate of the Non-Residential Construction Market in South Korea is 6.6%, with an estimated value of $186.9 Billion by 2025.

What is the forecasted size of the Non-Residential Construction Market in South Korea?

The Non-Residential Construction Market in South Korea is estimated to be worth $186.9 Billion by 2025.

Who are the key companies in the Non-Residential Construction Market in South Korea?

Key companies in the Non-Residential Construction Market in South Korea include Hyundai Engineering & Construction Co Ltd, Samsung C&T Corp and POSCO Engineering & Construction Co Ltd.

Report Attribute	Details
No. of Pages	39
Published	May 2021
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	$ 135.4 Billion
Forecasted Market Value ( USD ) by 2025	$ 186.9 Billion
Compound Annual Growth Rate	6.6%
Regions Covered	South Korea

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value

4 Market Segmentation

4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook

5.1. Market value forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?
7.2. How has the environment shaped the competitive landscape?
7.3. What have been the most significant contracts in recent years?

8 Company Profiles

8.1. Hyundai Engineering & Construction Co Ltd
8.2. Samsung C&T Corp
8.3. POSCO Engineering & Construction Co Ltd

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher

List of Tables

Table 1: South Korea non-residential construction sector value: $ billion, 2016-20
Table 2: South Korea non-residential construction sector category segmentation: $ billion, 2020
Table 3: South Korea non-residential construction sector geography segmentation: $ billion, 2020
Table 4: South Korea non-residential construction sector value forecast: $ billion, 2020-25
Table 5: Hyundai Engineering & Construction Co Ltd: key facts
Table 6: Hyundai Engineering & Construction Co Ltd: Annual Financial Ratios
Table 7: Hyundai Engineering & Construction Co Ltd: Key Employees
Table 8: Samsung C&T Corp: key facts
Table 9: Samsung C&T Corp: Annual Financial Ratios
Table 10: Samsung C&T Corp: Key Employees
Table 11: POSCO Engineering & Construction Co Ltd: key facts
Table 12: POSCO Engineering & Construction Co Ltd: Key Employees
Table 13: South Korea size of population (million), 2016-20
Table 14: South Korea GDP (constant 2005 prices, $ billion), 2016-20
Table 15: South Korea GDP (current prices, $ billion), 2016-20
Table 16: South Korea inflation, 2016-20
Table 17: South Korea consumer price index (absolute), 2016-20
Table 18: South Korea exchange rate, 2016-20

List of Figures

Figure 1: South Korea non-residential construction sector value: $ billion, 2016-20
Figure 2: South Korea non-residential construction sector category segmentation: % share, by value, 2020
Figure 3: South Korea non-residential construction sector geography segmentation: % share, by value, 2020
Figure 4: South Korea non-residential construction sector value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the non-residential construction sector in South Korea, 2020
Figure 6: Drivers of buyer power in the non-residential construction sector in South Korea, 2020
Figure 7: Drivers of supplier power in the non-residential construction sector in South Korea, 2020
Figure 8: Factors influencing the likelihood of new entrants in the non-residential construction sector in South Korea, 2020
Figure 9: Factors influencing the threat of substitutes in the non-residential construction sector in South Korea, 2020
Figure 10: Drivers of degree of rivalry in the non-residential construction sector in South Korea, 2020

Companies Mentioned

A selection of companies mentioned in this report includes:

Hyundai Engineering & Construction Co Ltd
Samsung C&T Corp
POSCO Engineering & Construction Co Ltd

What is the estimated value of the Non-Residential Construction Market in South Korea?

What is the growth rate of the Non-Residential Construction Market in South Korea?

What is the forecasted size of the Non-Residential Construction Market in South Korea?

Who are the key companies in the Non-Residential Construction Market in South Korea?

Table of Contents

Companies Mentioned

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