Singapore Construction Industry Worth SGD 57.3 Billion by 2024, Despite the COVID-19 Crisis – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Singapore Construction Industry Databook Series – Market Size & Forecast (2015-2024) by Value and Volume (area and units) across 40+ Market Segments, Opportunities, 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 Singapore is expected to record a CAGR of 6.7% to reach SGD 57.3 billion by 2024.

The residential construction industry in value terms increased at a CAGR of 2.6% during 2015-2019. The commercial building construction market in value terms is expected to record a CAGR of 8.1% over the forecast period. The infrastructure construction was estimated to be SGD 30.2 billion in 2019, posting a CAGR of 1.7% during review period.

Singapore has done well to control the COVID-19 outbreak. As a result, the report expects key construction sectors to record moderate growth, unlike other comparable markets which have witnessed negative growth. Though near-term challenges remain due to economic slowdown, the publisher expects recovery in key segments starting Q1 2021.

Report Coverage

This report provides a data and trend analyses on the construction industry in Singapore, 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.

Report Scope

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

KPIs covered include the following:

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

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

• Housing type (multi family, single family)
• Price point / income level (luxury, mid-tier, affordable)
• Construction stage (new construction, re-development, maintenance)

Singapore 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)

Singapore 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)

Singapore 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)

Singapore 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)

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 Singapore.
• 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.

Companies Mentioned

• Golden Energy and Resources Limited
• Oxley-Lian Beng Pte Ltd
• Low Keng Huat (Singapore) Ltd
• BBR Holdings (S) Ltd
• Isoteam Ltd
• Acromec Ltd
• Ed. Zublin AG – Singapore Branch
• United Engineers Ltd
• CSC Holdings Ltd
• Wee Hur Holdings Ltd
• BHCC Holding Ltd
• Greatearth Construction Pte Ltd
• Woh Hup Pvt Ltd
• Amec Foster Wheeler Asia Pacific Pte Ltd
• PAE Singapore Private Limited
• SembCorporation Design and Construction Pte Ltd
• Sato Kogyo (S) Pte Ltd
• Antara Koh Pte Ltd
• Santarli Construction Pvt Ltd
• Keppel FELS Ltd
• Straits Construction Singapore Pte Ltd
• Nakano Singapore (Pte) Ltd
• Squire Mech Pte Ltd
• SAMBO TOSFOC Co Ltd
• Sysma Construction Pte Ltd

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

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900