United Kingdom Infrastructure Report Q1 2016

United Kingdom Infrastructure Report Q1 2016

BMI View: We maintain our forecasts for construction industry value real growth in the UK at 3.5% for2016. Residential building will drive this growth, although we do not expect that government initiatives willboost output significantly. Several major infrastructure projects are yet to be fully factored into ourforecasts due to slow progress on investment decisions, but already the UK has Europe's largestinfrastructure project pipeline.

Key Forecasts

We forecast that the residential building market will remain buoyant - averaging real growth of 3.2%between 2016 and 2020. Upside risks to our outlook for the residential building segment will emerge in2018; by 2017 local councils must submit plans to help the government reach its target of building200,000 starter homes by 2020, or they will be forced to do so by central government.

Our decision to retain our bullish view on the UK's rail sector despite issues as Network Railimplemented projects under the CP5 spending period, was justified. Transport Secretary PatrickMcLoughlin has subsequently reaffirmed the 2019 completion dates for major projects which weretemporarily paused during a review. As such, our real growth forecasts for the rail infrastructure sectorremain at an annual average of 10.2% between 2016 and 2019.

The first capacity auction run by National Grid following the passage of the Energy Bill reached the goalof maintaining and adding 49GW of capacity until 2018/2019, including 2GW of new gas-fired capacity.

BMI Industry View
Table: Infrastructure - Construction Industry Forecasts (United Kingdom 2014-2020)
Table: Infrastructure Risk Reward Index (United Kingdom 2015-2015)
Infrastructure SWOT
Industry Forecast
Construction And Infrastructure Forecast Scenario
Table: UK - 10-Year Construction Forecasts
Transport Infrastructure - Outlook And Overview
Table: Transport Infrastructure Industry Data (United Kingdom 2014-2024)
Table: Major UK Airport Investments
Table: Transport Projects
Energy And Utilities Infrastructure - Outlook And Overview
Table: Energy And Utilities Infrastructure Data (United Kingdom 2014-2024)
Table: Energy and Utilities Projects
Residential/Non-Residential Construction - Outlook And Overview
Table: Residential and Non-Residential Building Industry Data (United Kingdom 2014-2024)
Table: Residential, Non-Residential and Social Infrastructure Projects
Industry Risk Reward Index
United Kingdom - Infrastructure Risk/Reward Index
Western Europe And North America Risk/Reward Index
Table: Western Europe And North America: Infrastructure Risk/Reward Index
Market Overview
Competitive Landscape
Table: Key Players - Financial Data
Company Profile
Carillion Plc
Table: Carillion Financials
Balfour Beatty
Industry Forecast Methodology
Sector-Specific Methodology
Risk/Reward Index Methodology
Sector-Specific Methodology
Table: Infrastructure Risk/Reward Index Indicators
Table: Weighting Of Indicators

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook