
Azerbaijan Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (H2 2024)
Description
Azerbaijan Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (H2 2024)
Summary
GlobalData’s Construction in Azerbaijan - Country Briefing (H2 2024) report provides detailed market analysis, information, and insights into Azerbaijan’s construction industry, including -
- Azerbaijan’s construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Azerbaijan’s construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
The industry’s growth over the forecast period will be supported by the government’s plan to increase the share of renewable energy in the total installed electricity-generation capacity to at least 30% by 2030. According to the Ministry of Energy, Azerbaijan has high potential renewable energy sources. The economic potential of renewable energy sources, as of March 2024, was estimated at 27GW; this includes 23GW of solar energy, and 3GW of wind energy. In a boost to the renewable energy sector, Azerbaijan and the UAE unveiled plans for two solar and one wind project in Azerbaijan, in June 2024; the plants will have a combined capacity of 1GW. The projects include a 240 MW wind farm in Absheron-Garadagh, a 315 MW solar plant in Neftchala, and a 315 MW solar plant in Neftchala. The plants are expected to prevent over 943,000 tonnes of carbon dioxide emissions.
Scope
This report provides a comprehensive analysis of the construction industry in Azerbaijan. It provides -
- Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Azerbaijan, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
- Identify and evaluate market opportunities using GlobalData's standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using GlobalData's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
22 Pages
- 1 Executive Summary
- 2 Construction Industry: At-a-Glance
- 3 Latest news and developments
- 4 Project analytics
- 5 Construction Market Data
- 6 Risk Profile
- 7 Appendix
- 7.1 Definitions
- 7.2 CRI Methodology
- 7.3 About GlobalData
- 8 Contact Us
- List of Tables
- Table 1: Construction Industry Key Data
- Table 2: Azerbaijan, Top Construction Projects by Value
- Table 3: Azerbaijan, Construction Output Value (Real, $ Million)
- Table 4: Azerbaijan, Construction Output Value (Nominal, AZN Million)
- Table 5: GlobalData Construction Market Definitions
- Table 6: Risk Dimensions
- Table 7: Ratings, Scores and Definitions
- List of Figures
- Figure 1: Azerbaijan, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2019-28
- Figure 2: Azerbaijan, Construction Output Value, by Sector (Real, $ Million), 2019-28
- Figure 3: Eastern Europe and Central Asia, Construction Output (Real % Change), 2022-28
- Figure 4: Azerbaijan, Construction Output by Sector (Real % Change), 2022-24 and 2025-28
- Figure 5: Azerbaijan, Construction Value Add (Constant 2005 Prices, AZN Million)
- Figure 6: Azerbaijan, Gross Fixed Capital Formation in Construction (Current Prices, AZN Million))
- Figure 7: Azerbaijan, Real-Estate Value Add (Constant 2005 Prices, AZN Million)
- Figure 8: Azerbaijan, Retail and Wholesale Trade Value Add (Constant 2005 Prices, AZN Million)
- Figure 9: Azerbaijan, Hotels and Restaurants Value Add (Constant 2005 Prices, AZN Million)
- Figure 10: Azerbaijan, Exports ($ Million)
- Figure 11: Azerbaijan, Manufacturing Value Add (Constant 2005 Prices, AZN Million)
- Figure 12: Azerbaijan, Educational and Healthcare Value Add (Constant 2005 Prices, AZN Million)
- Figure 13: Azerbaijan, Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 14: Azerbaijan, Risk Summary
- Figure 15: Azerbaijan, Risk Regional Comparison
Pricing
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