United Arab Emirates (UAE) Construction Market Forecast to 2024

Dublin, Sept. 02, 2020 (GLOBE NEWSWIRE) -- The "United Arab Emirates Construction Industry Databook Series - Market Size & Forecast (2015-2024) by Value and Volume (area and units) across 40+ Market Segments, Opportunities in Top 10 Cities, and Risk Assessment - COVID-19 Update Q2 2020" report has been added to *ResearchAndMarkets.com's* offering.

According to the report, the construction industry in United Arab Emirates is expected to record a CAGR of 6.2% to reach AED 278.7 billion by 2024. The residential construction industry in value terms increased at a CAGR of 6.7% during 2015-2019. The commercial building construction market in value terms is expected to record a CAGR of 9.1% over the forecast period. The infrastructure construction was estimated to be AED 89.8 billion in 2019, posting a CAGR of 7.5% during review period.

Over the next 8 quarters, the report expects growth across residential, commercial, industrial, and institutional sectors in United Arab Emirates to remain impacted due to the economic downturn caused by the COVID-19 outbreak. Despite near term challenges, medium to long term outlook remains positive. Over the short term, investment in the construction industry will be driven by government spending in the infrastructure sector.

*Report Coverage*

This report provides a data and trend analyses on the construction industry in United Arab Emirates, with over 100 KPIs. This is a data-centric report and it provides trend analyses with over 140+ charts and 110+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.

It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.

In addition to country level analysis, this report offers a detailed market opportunity assessment across key cities, helping clients assess key regions to target within the city.

*Report Scope*

This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2015-2024 in United Arab Emirates.

*KPIs covered include the following:*

· Market size by value
· Market size by volume of construction
· Number of units

*United Arab Emirates Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by*

· Housing type (multi family, single family)
· Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
· Top 10 cities in United Arab Emirates
· Price point / income level (luxury, mid-tier, affordable)
· Construction stage (new construction, re-development, maintenance)

*United Arab Emirates Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by*

· Office building (further broken down by Grade A, Grade B, and Grade C)
· Retail building
· Hospitality and luxury building
· Restaurant
· Entertainment
· Sports facility
· Construction stage (new construction, re-development, maintenance)
· Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
· Top 10 cities in United Arab Emirates

*United Arab Emirates Industrial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by*

· Manufacturing plants
· Chemical & pharmaceutical
· Metal & material processing
· Construction stage (new construction, re-development, maintenance)
· Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
· Top 10 cities in United Arab Emirates

*United Arab Emirates Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by*

· Healthcare construction
· Educational construction
· Public sector
· construction stage (new construction, re-development, maintenance)
· Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
· Top 10 cities in United Arab Emirates

*United Arab Emirates Infrastructure Construction Sectors: 10-year market size & forecast in value terms by*

· Marine and inland water infrastructure
· Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
· Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
· Construction stage (new construction, re-development, maintenance)

*Cities Covered*

· Dubai
· Abu Dhabi
· Sharjah
· Al Ain
· Ajman
· Ras al-Khaimah
· Fujairah
· Umm al-Quwain
· Khor'fakkan
· Dibba Al-Fujairah

*Reason to Buy*

· In-depth Understanding of Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 40+ market segments and sub-segments of building and infrastructure construction industry in United Arab Emirates.
· Volume and Value Data: Get a detailed understanding of the market both from value and volume (both by activity and units) perspective for the historical as well as the forecast period.
· Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in the construction industry.
· City Level Insights: Get city level trend analyses to identify unique opportunities across key cities and also by tier-1, tier-2, and tier-3 cities.

* Companies Mentioned *

· Al Fara'a Group
· Orascom Construction plc
· Arabtec Holding
· Drake & Scull International
· NSCC International Ltd
· Al Rajhi Construction
· Al Futtaim Carillion LLC
· Emirates Roads Contracting Co LLC
· Al Shafar General Contracting LLC Darwish Bin Ahmed & Sons group
· Khansaheb Civil Engineering LLC
· Saeed & Mohammed Al Naboodah Holding LLC
· Amana Contracting & Steel Buildings
· Gammon and Billimoria LLC
· Bukhatir Group Ltd
· Arabtec Construction LLC
· EHAF Consulting Engineers
· Swissboring Overseas Piling Corporation Ltd
· WME Engineering Consultants
· Gulf Catering Company for General Trade and Contracting WLL
· Asia Prime General Contracting Co
· Al Jaber Group
· China State Construction Engineering Corporation (Middle East) LLC
· Tristar Engineering & Construction LLC
· Wade Adams Middle East Ltd

For more information about this report visit https://www.researchandmarkets.com/r/yn0ebr

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