On 11th April 2014
Synopsis
This report provides detailed market analysis, information and insights into the Italian construction industry including:
The Italian construction industry's growth prospects by market, project type and type of construction activity
Analysis of equipment, material and service costs across each project type within Italy
Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Italian construction industry
Analyzing the profiles of the leading operators in the Italian construction industry
Data highlights of the largest construction projects in Italy
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Executive summary
The value of the Italian construction industry declined during 20072013; the size of the industry, in real value-add terms, in 2013 was just 73% of the level recorded in 2007. The industrys total output registered a compound annual growth rate (CAGR) of -1.55% in nominal terms during the review period (20092013). Weak economic conditions across the eurozone, high unemployment, low wage growth and public spending cuts contributed to this decline. The construction industry is expected to fare slightly better over the forecast period (20142018), as a result of an anticipated economic recovery in Europe, the Italian governments focus on infrastructure construction, increased investor sentiments and improved export demand. The industry is expected to record a forecast-period CAGR of 0.76%.
Scope
This report provides a comprehensive analysis of the construction industry in Italy. It provides:
Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Italy using construction output and value-add methods
Segmentation by sector (commercial, industrial, infrastructure,