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Construction Market in Australia 2015-2019

Construction Market in Australia 2015-2019

About Construction Market in Australia

The construction market in Australia comprises around 200,000 companies, representing 20% of all companies operating in the country. As of May 2013, there were 133,230 people working in the Australian construction industry, of which close to 24,000 people worked on resource industry (mining and energy) infrastructure construction projects. The construction industry in the Australia can be broadly categorized into two: building construction and engineering construction.

Technavio's analysts forecast the construction market in Australia to grow at a CAGR of 6.3 % over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of construction market in Australia for the period 2015-2019. The market size has been calculated based on the contribution of the construction industry to the GDP of Australia. The report presents five key vendors and a detailed analysis of these vendors. Market growth drivers, the challenges faced by vendors and the industry as a whole, as well as key trends emerging in the market are also discussed in the report.

Key Vendors

  • ADCO
  • AV Jennings
  • BCI
  • Bechtel
  • Devine Constructions
Other Prominent Vendors
  • BMD Constructions
  • Brookfield Multiplex
  • Cardno
  • Hansen Yuncken
Market Driver
  • Government Investments
  • For a full, detailed list, view our report
Market Challenge
  • Escalation in Cost of Projects
  • For a full, detailed list, view our report
Market Trend
  • Focus on Green Buildings
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2018 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Construction Market in Australia 2015-2019

Technavio recognizes the following companies as the key players in the Construction Market in Australia: ADCO, AV Jennings, BCI, Bechtel and Devine Constructions

Other Prominent Vendors in the market are: BMD Constructions, Brookfield Multiplex, Cardno and Hansen Yuncken

Commenting on the report, an analyst from Technavio’s team said: “Consumers are now inclined toward green buildings for new constructions as well as renovations. A greater focus on both conserving energy and reducing energy costs is leading to high demand for green buildings in Australia. Also, emergence of green bonds is driving the growth of the green buildings market.”

According to the report, first-time home purchasers are expected to increase in the coming years with the increase in income levels, fall in interest rates to 2.25%, and increase in government grant for first-time buyers. According to the ABS, in 2014, close to 94,265 loans were issued to first-time home buyers of which 16% were in the age group of 25-35. In addition, under the Home Buyers Assistance Account, the government provides financial assistance to first-time home buyers on purchase of an established or a partially built home.Further, the report states that lack of training and experience particularly in project management, risk management, and contract administration is hindering development of construction projects in Australia.

Companies Mentioned

ADCO, AV Jennings, BCI, Bechtel, Devine Constructions, BMD Constructions, Brookfield Multiplex, Cardno, Hansen Yuncken

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Economic Overview
    • Table Australia GDP Contribution by Industry 2013
    • Table Ease of Doing Business in Australia
  • Construction Market in Australia
    • Table Key Facts: Construction Industry in Australia 2014
    • Table Construction Spending in Australia 2010-2014 ($ billions)
    • Key Construction Projects in Australia
      • Table State-wise Investment in Infrastructure: Federal Budget 2014-2015
  • Market Landscape
    • Market Size and Forecast
      • Table Market Size Estimate: Construction Market in Australia 2014-2019
      • Table Construction Market in Australia 2014-2019
    • Five Forces Analysis
  • Market Segmentation
    • Table Construction Market Segments
    • Building and Engineering Market in Australia 2014-2019 ($ billions)
      • Table Building Construction Spending in Australia 2014-2019 ($ billions)
      • Table Engineering Construction Spending 2014-2019 ($ billions)
  • Vendor Selection Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
    • Other Prominent Vendors
  • Key Vendor Analysis
    • ADCO
      • Key Facts
      • Business Overview
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • AV Jennings
      • Key Facts
      • Business Overview
      • Geographical Segmentation by Revenue 2014
        • Table AV Jennings: Geographical Segmentation by Revenue 2014 ($ millions)
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • BCI
      • Key Facts
      • Business Overview
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Bechtel
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Bechtel: Business Segmentation
      • Geographical Segmentation Presence
        • Table Bechtel: Geographical Presence
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Devine Constructions
      • Key Facts
      • Business Overview
      • Business Strategy
      • SWOT Analysis
  • Other Reports in this Series

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