This report provides detailed market analysis, information and insights into the Irish construction market, including:

• The Irish construction market’s growth prospects by sector, project type and type of construction activity
• Analysis of equipment, material and service costs across each project type within Ireland
• Critical insight into the impact of industry trends and issues and the risks and opportunities they present to participants in the Irish construction market
• Assessment of the competitive forces facing the construction industry in Ireland and profiles of the leading players
• Profiles of the ten largest construction projects in Ireland

 

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Summary

 

The Irish construction industry valued EUR10.9 billion (US$15.2 billion) in 2012, after declining at a CAGR of -28.25% over the review period (2008–2012). All construction categories registered negative growth, largely as a result of the economic slowdown experienced after the financial crisis and austerity measures implemented by the government.

 

The Irish economy entered recession in 2008 and contracted by -5.2%. In 2009, the financial crisis also severely affected the country’s economy. Ireland’s GDP registered a growth rate of 1.4% and increased in value from EUR156.5 billion (US$207.8 billion) in 2010 to EUR158.7 billion (US$221.1 billion) in 2011. Ireland’s budget deficit stood at 8.2% of its GDP in 2012, well above the EU’s limit of 3%.

 

The government plans to implement budget cuts and tax increases to reduce the deficit to 7.5% of GDP in 2013 and less than 3% by 2015. The global financial crisis adversely affected consumer confidence, causing a decline in investment in the construction industry.

 

Scope

 

This report provides a comprehensive analysis of the construction industry in Ireland:

• Historical (2008-2012) and forecast (2013-2017) valuations of the construction market in Ireland using the construction output and value-add methods
• Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
• Breakdown of 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)
• Analysis of key construction industry issues, including regulation, cost management, funding and pricing
• Assessment of the competitive environment using Porter’s Five Forces
• Detailed profiles of the leading construction companies in Ireland
• Profiles of the top ten construction mega-projects in Ireland by value

 

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Reasons To Buy

• Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
• Assess market growth potential at a micro-level via 600+ time series data forecasts
• Understand the latest industry and market trends
• Formulate and validate business strategies by leveraging our critical and actionable insight
• Assess business risks, including cost, regulatory and competitive pressures
• Evaluate competitive risk and success factors

 

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