WCN blog
German construction industry to grow at a steady pace
September 2, 2011
By wmi
The German construction industry is expected to grow at a steady pace to 2015 riding on a strong institutional construction market.
The growth of the German institutional construction market is expected to be driven by rapid growth in the research facilities and education buildings categories with respective CAGRs of 4.86% and 3.87%. The German industrial construction market is expected to achieve a CAGR of 2.88% over the forecast period.
The German residential construction market is expected to perform strongly in the forecast period, recording the highest CAGR of 3.7% due to rising employment levels, lower interest rates and a return of investors' confidence in the market. The German infrastructure construction market is expected to accelerate in the forecast period, with a CAGR of 3.27% expected, predominantly due to the EUR41 billion expenditure plan announced by the German national rail operator Deutsche Bahn in 2010.
All these and many more facts and figures in addition to an in-depth analysis can be found in the report The Future of Construction in Germany to 2015: Economic Recovery and Pent Up Demand to Drive Growth published by World Market Intelligence (WMI).
To access the complete report, please visit our premium subscription Construction Intelligence Center product www.worldmarketintelligence.com/ic/construction
Posted by wmi on September 2, 2011 12:27 PM
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