iCrowd Newswire
19 Sep 2023, 01:02 GMT+10
The South-East Asia Construction market size is expected to reach $571.6 billion by 2030, according to a new report by GlobalData Plc. The rising focus towards expanding regional transport connectivity coupled with the increasing demand for affordable homes is expected to drive the market growth over the forecast period.
South-East Asia Construction Market Share By Sectors, 2018 - 2027 (%)
South-East Asia Construction Market Outlook Report is Available with GlobalData! Download a FREE sample
South-East Asia Construction Market FAQs
The South-East Asia construction market size will be evaluated at $450.1 billion in 2023.
The construction market in the South-East Asia region is expected to grow at a CAGR of 4.9% during 2023-2027.
The key sectors in the South-East Asia construction market are commercial construction, energy and utilities construction, industrial construction, infrastructure construction, institutional construction, and residential construction.
The key countries in the South-East Asia construction market Cambodia, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.
Have More Queries? Got All Your Questions Answered in the PDF Sample Report
South-East Asia Construction Market Dynamics
Construction output in South-East Asia in 2023 has been revised down to 3.1%, due to a downward revision of construction industry growth in Malaysia. In 2024, the growth of the South-East Asian construction industry is expected to pick up to an expansion of 5.5%. Risks to the region's construction outlook this year include the continued slowing of real estate activity in Vietnam and the impact of falling trade volumes on the export-driven economies of the region.
South-East Asia construction industry covers commercial construction, energy and utilities construction, industrial construction, infrastructure construction, institutional construction, and residential construction. The residential construction category is predicted to account for the largest regional share in terms of construction output value (Real) in 2023.
Learn about the South-East Asia Construction Market Dynamics by Viewing Report Sample Right Here!
South-East Asia Construction Report Highlights
Unlock additional market dynamics impacting the South-East Asia Construction market growth by Requesting a Sample PDF
South-East Asia Construction Segmentation Outlook
GlobalData Plc has segmented the South-East Asia construction market report by sectors and countries:
South-East Asia Construction Sectors Outlook (Value, $ Million, 2018-2027)
South-East Asia Construction Countries Outlook (Value, $ Million, 2018-2027)
Want to Get Segment-Specific Information on the South-East Asia Construction Market, Buy the Full Report or Download the Free Sample Report
Related Reports
About us
GlobalData is a leading provider of data, analytics, and insights on the world's largest industries. In an increasingly fast-moving, complex, and uncertain world, it has never been harder for organizations and decision-makers to predict and navigate the future. GlobalData's mission is to help our clients to decode the future and profit from faster, more informed decisions. As a leading information services company, thousands of clients rely on us for trusted, timely, and actionable intelligence. Our solutions are designed to provide a daily edge to professionals within corporations, financial institutions, professional services, and government agencies.
Tags: South-East Asia Construction Market Outlook, South-East Asia Construction Market Value, South-East Asia Construction Market Size, South-East Asia Construction Market Growth
See Campaign: https://www.globaldata.com/store/report/south-east-asia-construction-market-analysis/
Media Contacts
GlobalData
Mark Jephcott
Head of PR EMEA
mark.jephcott@globaldata.com
cc: pr@globaldata.com
+44 (0)207 936 6400
Tags:Extended Distribution, iCN Internal Distribution, BNN, Research Newswire, EnglishGet a daily dose of Texas Guardian news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Texas Guardian.
More Information(Photo credit: Gary A. Vasquez-USA TODAY Sports) The San Francisco Giants and Dodgers have six more games against each other ...
(Photo credit: Darren Yamashita-USA TODAY Sports) Two teams with an eye on "second place" continue their four-game series on Friday ...
(Photo credit: Kamil Krzaczynski-USA TODAY Sports) The Minnesota Twins will open their final homestand of the regular season with a ...
(Photo credit: David Richard-USA TODAY Sports) The Cleveland Guardians will turn to a familiar face in a bid to stave ...
(Photo credit: Bill Streicher-USA TODAY Sports) Nick Castellanos signed a five-year, $100 million contract with the Philadelphia Phillies before last ...
(Photo credit: Kirby Lee-USA TODAY Sports) All season, Padres manager Bob Melvin has been looking for a winning streak longer ...
SHANGHAI, China: A survey published this week by the American Chamber of Commerce (AmCham) in Shanghai showed that political tensions ...
DAYTON, Ohio: Under an agreement announced this week, Joby Aviation will produce state-of-the-art electric vertical takeoff and landing (eVTOL) aircraft ...
NEW YORK, New York - U.S. stocks and bonds caught on to a global trend Thursday as sellers took charge ...
CHICAGO, Illinois: The Chicago Symphony Orchestra (CSO) and the Chicago Federation of Musicians announced over the weekend that they agreed ...
ANKARA, Turkey: During a meeting, Michael Evans, President of the Alibaba Group, told Turkish President Tayyip Erdogan that the Chinese ...
NEW YORK: This week, the Wall Street Journal (WSJ) reported that U.S. electric vehicle (EV) maker Tesla and Saudi Arabia ...