Construction in Peru – Key Trends, Top Players, Substantial Growth, Rising Preferences, Boost Growth and Opportunities to 2023

Posted on 2019-03-12 by Mark Hub in Construction // 0 Comments

Albany, US, 2019-Mar-12 — /EPR Network/ —This research study added to the broad database of Market Research Hub (MRH) focusing on the Construction in Peru – Key Trends and Opportunities to 2023 delivers an in-depth outlook to present information about executive summary and key performance indicators. Furthermore, readers can gather knowledge about the economic status, demographics and competitive landscape which is prevailing in the concerned industry during the review period, 2023. Overall, the purpose of this assessment is to present a clear picture highlighting the transformations expected to occur in the Construction in Peru driven by major trends and opportunities.

Get Sample Copy of This Report @ https://www.marketresearchhub.com/enquiry.php?type=S&repid=2170134

Construction in Peru – Key Trends and Opportunities to 2023

Summary

The Peruvian construction industry registered growth of 2.4% and 4.5% in real terms in 2017 and 2018 respectively, following an average annual growth of -2.0% during 2014-2016.

The industrys output value is expected to continue to expand over the forecast period (2019-2023), with investments in infrastructure, health, education, manufacturing and housing projects continuing to drive growth. Furthermore, rising construction permits in the country are expected to drive the industrys forecast-period growth.

The industrys output value is expected to rise at a compound annual growth rate (CAGR) of 4.98% in real terms over the forecast period – up from -0.30% during the review period (2014-2018).

GlobalDatas “Construction in Peru – Key Trends and Opportunities to 2023”, report provides detailed market analysis, information and insights into the Peruvian construction industry, including –
– The Peruvian construction industry’s growth prospects by market, project type and construction activity
– Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Peruvian construction industry
– Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Key Highlights

– GlobalData expects the residential construction market to account for 27.6% of the industrys total value in 2023. Forecast-period growth is expected to be supported by government efforts to balance housing demand and supply through the construction of housing units. The government plans to build 150,000 social housing units across the country by 2022.

– Forecast-period growth in the industrial construction market will be driven by the governments focus to increase the countrys copper production. The government plans to double the copper production by 2021, from 2.4 million tonnes in 2017 to 4.8 million by 2021. Accordingly, with an aim to attract PEN21.7 billion (US$6.7 billion) of capital investment in copper mining, the government is providing favourable environments for companies.

– GlobalData expects the infrastructure construction market to grow at a forecast-period CAGR of 10.15% in nominal terms, driven by governments plans to develop the countrys transport infrastructure. In the 2019 budget, the government allocated PEN12.0 billion (US$3.7 billion) for transport infrastructure projects, including projects to build national highways, community roads and repair damaged roads across the country.

– The energy and utilities construction markets forecast-period growth will be driven by the governments focus on renewable energy. The government aims to increase the share of renewable energy in the countrys total energy mix from 2.7% in 2017 to 5.0% by 2022, and 15.0% by 2030. Accordingly, in March 2018, the government announced plans to build a 500.0MW-1.0GW solar power plant in the southern regions of Tacna, Arequipa and Cuzco.

– The total construction project pipeline in Peru – as tracked by GlobalData, and including all mega projects with a value above US$25 million – stands at PEN408.1 billion (US$126.1 billion). The pipeline, which includes all projects from pre-planning to execution, is relatively skewed towards early-stage projects, with 64.7% of the pipeline value being in projects in the pre-planning and planning stages as of February 2019.

Scope

This report provides a comprehensive analysis of the construction industry in Peru. It provides –
– Historical (2014-2018) and forecast (2019-2023) valuations of the construction industry in Peru, featuring details of key growth drivers.
– Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
– Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
– Listings of major projects, in addition to details of leading contractors and consultants.

BROWSE Full Report NOW @ https://www.marketresearchhub.com/report/construction-in-peru-key-trends-and-opportunities-to-2023-report.html

Table of Contents

1.EXECUTIVE SUMMARY
2. CONSTRUCTION OUTLOOK: AT-A-GLANCE
3. LATEST NEWS AND INDICATORS
4. KEY DRIVERS AND RISKS
4.1. Economic Performance
4.2. Political Environment
4.3. Demographics
4.4. Risk Profile
5. CONSTRUCTION OUTLOOK
5.1. All Construction
5.1.1. Outlook
5.1.2. Project analytics
5.2. Commercial Construction
5.2.1. Outlook
5.2.2. Project analytics
5.3. Industrial Construction
5.3.1. Outlook
5.3.2. Project analytics
5.4. Infrastructure Construction
5.4.1. Outlook
5.4.2. Project analytics
5.5. Energy and Utilities Construction
5.5.1. Outlook
5.5.2. Project analytics
5.6. Institutional Construction
5.6.1. Outlook
5.6.2. Project analytics
5.7. Residential Construction
5.7.1. Outlook
5.7.2. Project analytics
6. KEY INDUSTRY PARTICIPANTS
6.1. Contractors
6.2. Consultants
7. APPENDIX
7.1. What is this Report About?
7.2. Definitions
8. ABOUT GLOBALDATA
8.1. GlobalData at a Glance
8.2. GlobalData Construction
8.3. Disclaimer
8.4. Contact Us

More Information………@@@

Enquire about this Report @ https://www.marketresearchhub.com/enquiry.php?type=enquiry&repid=2170134

About Market Research Hub

Market Research Hub (MRH) is a next-generation reseller of research reports of different sector like construction market research and analysis. MRH’s expansive collection of industry reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

Matched content

Editor’s pick