Construction in Australia - Key Trends and Opportunities by State and Territory to 2020

RnRMarketResearch.com announces a new report “Construction in Australia - Key Trends and Opportunities by State and Territory to 2020” added to its database.

Construction in Australia - Key Trends and Opportunities by State and Territory to 2020 report provides detailed market analysis, information and insights into the Australian construction industry including: The Australian construction industry's growth prospects by market, project type and construction activity, Analysis of equipment, material and service costs for each project type in Australia, Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Australian construction industry, Profiles of the leading operators in the Australian construction industry, Data highlights of the largest construction projects in Australia. Complete Report Available at http://www.rnrmarketresearch.com/construction-in-australia-key-trends-and-opportunities-by-state-and-territory-to-2020-market-report.html .

Construction activity in Australia was weak in 2015, mainly reflecting the downturn in the mining sector. The country's construction industry contracted by 4.0% in real terms that year and output value measured at constant 2010 US dollar exchange rates fell from US$190.6 billion in 2014 to US$182.9 billion in 2015. Over the forecast period (2016-2020), the industry is expected to remain sluggish, owing to weakness in the industrial sector (which includes mining-related construction works). However, there will be a pickup in infrastructure investment, which will contribute to positive annual growth towards the end of the forecast period. In real terms, the industry is expected to register a compound annual growth rate (CAGR) of -1.55% over the forecast period, down from 2.65% during the review period (2011-2015). The industry's output value in real terms is expected to decline from US$182.9 billion in 2015 to US$169.2 billion in 2020, measured at...