- The key vendors in the construction market outlook in Germany 2015-2019 are Bilfinger SE, Ed. Züblin AG, Hochtief AG and Strabag Magyarország
London, 28 May 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the construction market outlook in Germany 2015-2019. Increased focus on sustainable development is one of the key trends upcoming in the market. Various companies have taken initiatives to report environmental impacts and have transparent operations in the market. The construction market in Germany is expected to grow at a CAGR of 3.59% during the period 2014-2019.
The long life span of the existing buildings in Germany has attracted international financial investors to the residential market to expand and renovate them in accordance with the requirements of end-users. The government aims to reduce energy consumption by up to 80% by 2050.
“The construction market is a desirable destination for investors as it is free from stringent regulations,” says Faisal Ghaus, Vice President of Technavio Research.
“The market is open to FDI, with the German law making no distinction between Germans and foreign nationals regarding investments, incentives, and the establishment of businesses in the market.”
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%…
