- The key vendors in the construction market in Romania 2015-2019 are S.C. Heberger Constructii SRL, HIDROCONSTRUCTIA SA, REAL DESIGN TRUST SRL and Tecton Trust SRL
London, 08 July 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the construction market in Romania 2015-2019. One of the key trends is the increasing demand for green buildings is one of the major trends upcoming in the market. Green buildings are energy-efficient buildings that consume less energy. Construction of green buildings limits carbon dioxide emission into the atmosphere. The construction market in Romania 2015-2019 will grow at a CAGR of 3.38% during the period of 2014-2019.
Investment in the civil engineering sector, particularly in the transport and power sectors, will drive the industry during the forecast period. Technavio estimates the increase in infrastructure development activities will lead the growth of the civil engineering construction sector to outpace the building construction sector during the forecast period.
“Power infrastructure projects, particularly in the renewable energy segment, are attracting huge investment in Romania, which is driving growth of the construction industry,” says Faisal Ghaus, Vice President of Technavio Research.
“Major investment is being made in construction of wind farms in the country. According to the Austrian Energy Agency, wind power accounted for 9% of total electricity consumption in Romania in 2014. Further, by 2015, electricity generated by wind power will increase to 10%.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
