This report provides detailed market analysis, information and insights into the UAE construction market, including:
- The UAE construction market’s growth prospects by sector, project type and type of construction activity
- Analysis of equipment, material and service costs across each project type within the UAE
- Critical insight into the impact of industry trends and issues and the risks and opportunities they present to participants in the UAE construction market
- Assessment of the competitive forces facing the construction industry in the UAE and profiles of the leading players
- Profiles of the ten largest construction projects in the UAE
The value of the UAE construction industry increased at a compound annual growth rate (CAGR) of 6.11% during the review period (2007–2011), supported by robust construction activity across the country’s construction markets. Notably, prior to the recession, the UAE construction industry was aggressively active, driven by government diversification initiatives and high levels of investment in several infrastructure development programs. During the review period, diversification of the UAE economy attracted investment into the country’s industrial sector, resulting in an increased level of construction activity in this sector. Consequently, the industrial construction market achieved the highest UAE construction industry CAGR of 7.50% during the review period; followed by the residential construction market, which recorded a CAGR of 7.16%.
This report provides a comprehensive analysis of the construction industry in the UAE:
- Historical (2007-2011) and forecast (2012-2016) valuations of the construction market in the UAE using the construction output and value-add methods
- Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
- Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
- Analysis of key construction industry issues, including regulation, cost management, funding and pricing
- Assessment of the competitive environment using Porter’s Five Forces
- Detailed profiles of the leading construction companies in the UAE
- Profiles of the top ten construction mega-projects in the UAE by value
Reasons To Buy
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level via 600+ time series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies by leveraging our critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
- The UAE government is in the process of diversifying its economy to decrease its dependency on oil. As a result, a large amount of investment is planned for infrastructure development.
- Infrastructure was the largest market in the UAE construction industry in 2011, accounting for a 28.1% share of total industry value. It was followed by the commercial construction market, with a 22% share; and the industrial construction market, with a 19.9% share.
- In February 2006, a plan to construct a metro rail network was announced, which aims to have laid 320 kilometers of metro lines in Dubai by 2020.
- The UAE government’s commitment to diversify from an oil-dependent economy has increased investment in commercial construction. The development of the country’s tourism sector stimulated the growth of categories such as leisure and hospitality buildings, retail buildings and outdoor and leisure facilities, aiding the overall expansion of the country’s commercial construction market.