- The report provides data and analysis on contractor and developer expenditure, procurement and developments within the global construction industry
- The report includes key topics such as construction industry contractor and developer expenditure and procurement behaviors and strategies
- The report identifies the threats and opportunities in the global construction industry
- The report analyses the economic outlook and business confidence levels of global construction industry executives
- The report provides a definitive assessment of emerging markets and respondent interpretations of the economic situation in developed markets
“Global Construction Industry Survey 2013–2014: Market Trends, Buyer Spend and Procurement Strategies in the Global Construction Industry” is the result of an extensive survey drawn from Timetric’s exclusive panel of respondents from the global construction industry’s contractors and suppliers. The report provides data and analysis on contractor and developer expenditure, procurement and developments within the global construction industry. The report includes key topics such as contractor and developer expenditure, procurement behaviors and strategies. It also identifies the threats and opportunities within the global construction industry, economic outlook trends and business confidence levels of global construction industry executives.
The report features the opinions of global construction industry respondents related to the following:
- Revenue growth projections
- Capital expenditure of construction industry buyers and suppliers
- Leading business concerns and the subsequent efforts to negate them
- Procurement budgets of buyer companies
- Critical factors that influence supplier selection
- Future procurement objectives and E-procurement
- Key variations in operational costs
Reasons To Buy
- Projects trends related to global construction industry respondent revenue growth expectations and top priorities in the next 12 months
- Outlines the change in capital expenditure of buyer and supplier companies in 2013
- Identifies the most important ways that suppliers can help buyers in the current business climate
- Analyses the average size of the global construction industry annual procurement budgets for buyer respondents
- Identifies the extent to which e-procurement has generated interest in the global construction industry
- According to the survey, 56%, 55% and 45% of respective respondents identified ‘cost containments’, ‘market uncertainty’ and ‘retention or recruitment of skilled staff’ as pressing business concerns.
- According to the survey results, 54% of respondents expect procurement expenditure to increase, while only 10% expect some decrease in expenditure.
- Of all buyer respondents, 63% expect supplier prices to increase, while 5% expect a decrease and 31% expect no change.
- Survey results show that 12% of buyer respondents have ‘intention to implement’ e-procurement in 2013.
- ‘Building materials’, ‘water supply and waste management’, ‘plant and heavy machinery’, ‘fire detection and suppression’ and ‘architects’ are the key products and services to receive more investment in 2013.