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Construction in Norway - Key Trends and Opportunities to 2019

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Synopsis
 

 In real terms, Norway’s construction industry will continue to expand over the forecast period (2015–2019), with investment in transport infrastructure projects continuing to drive growth. Industry growth is expected to be supported by the government’s plan to improve the country’s transport infrastructure.
 
 In 2013, the government announced the fourth National Transport Plan (NTP) 2014–2023, under which a series of infrastructure projects will be launched. Under the plan, the government intends to invest NOK508.0 billion (US$86.5 billion) in various transport infrastructure projects.
 
 In real terms, the industry’s output value rose at a compound annual growth rate (CAGR) of 7.17% during the review period (2010–2014), however, this is forecast to decelerate to 3.91% over the forecast period due to weakening economic growth.
 
 Summary
 

 Timetric’s Construction in Norway – Key Trends and Opportunities to 2019 report provides detailed market analysis, information and insights into the Norwegian construction industry, including:
 
 • The Norwegian construction industrys growth prospects by market, project type and type of construction activity
 
 • Analysis of equipment, material and service costs for each project type in Norway
 
 • Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Norwegian construction industry
 
 • Profiles of the leading operators in the Norwegian construction industry
 
 • Data highlights of the largest construction projects in Norway
 
 Scope
 

 This report provides a comprehensive analysis of the construction industry in Norway. It provides:
 
 • Historical (2010-2014) and forecast (2015-2019) valuations of the construction industry in Norway using construction output and value-add methods
 
 • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type
 
 • Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
 
 • Analysis of key construction industry issues, including regulation, cost management, funding and pricing
 
 • Detailed profiles of the leading construction companies in Norway
 
 Reasons To Buy

 • Identify and evaluate market opportunities using Timetrics 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 business strategies using Timetrics critical and actionable insight
 
 • Assess business risks, including cost, regulatory and competitive pressures
 
 • Evaluate competitive risk and success factors
 
 Key Highlights

 • The infrastructure construction market is expected to grow over the forecast period, driven by investments in road, rail and port infrastructure. In an aim to encourage regional development and improve the overall urban environment, the government is focusing on developing modern transport infrastructure. Accordingly, the government plans to increase its spending under the NTP, from NOK301.3 billion (US$51.3 billion) for 2010–2019 to NOK508.0 billion (US$86.5 billion) for 2014–2023.
 
 • According to Statistics Norway, house prices remained buoyant during the first half of 2015. The weighted average house price index grew by 6.9%, from 170.7 in the first half of 2014 to 182.4 in the first half of 2015. This was preceded by annual growth of 2.7%, 4.1%, 6.7% and 8.0% in 2014, 2013, 2012 and 2011 respectively. Property prices varied; the multi-family category recorded the largest increase during the first half of 2015 and rose by 10.4%, whereas detached house prices grew by only 5.6%.
 
 • In its 2015 budget, the government pledged to increase expenditure on transport infrastructure development by 14.1% – from NOK47.9 billion (US$7.6 billion) in 2014 to NOK54.6 billion (US$8.0 billion) in 2015. The government plans to allocate NOK26.8 billion (US$3.9 billion) to road development and NOK21.0 billion (US$3.1 billion) towards rail infrastructure development, increases of 18.0% and 21.0% respectively over the 2014 budget expenditure.
 
 • In March 2015, the Norwegian National Rail Administration signed a contract with Italian construction company Ghella, and infrastructure and renewable energy group Acciona to construct a 20km twin rail tunnel for the Follo Line Project. The project will provide a link between Oslo and Ski, and will reduce travel times by 50%.

 1 Executive Summary
 2 Industry Outlook
 2.1 Commercial Construction
 2.2 Industrial Construction
 2.3 Infrastructure Construction
 2.4 Energy and Utilities Construction
 2.5 Institutional Construction
 2.6 Residential Construction
 3 Key Issues and Developments
 4 Market Data Analysis
 4.1 Construction Output and Value Add
 4.1.1 Construction output by project type
 4.1.2 Construction output by cost type
 4.1.3 Construction output by activity type
 4.1.4 Construction value add by project type
 4.2 Commercial Construction
 4.2.1 Commercial construction output by project type
 4.2.2 Commercial construction output by cost type
 4.2.3 Commercial construction output by activity type
 4.2.4 Commercial construction value add by project type
 4.3 Industrial Construction
 4.3.1 Industrial construction output by project type
 4.3.2 Industrial construction output by cost type
 4.3.3 Industrial construction output by activity type
 4.3.4 Industrial construction value add by project type
 4.4 Infrastructure Construction
 4.4.1 Infrastructure construction output by project type
 4.4.2 Infrastructure construction output by cost type
 4.4.3 Infrastructure construction output by activity type
 4.4.4 Infrastructure construction value add by project type
 4.5 Energy and utilities Construction
 4.5.1 Energy and utilities construction output by project type
 4.5.2 Energy and utilities construction output by cost type
 4.5.3 Energy and utilities construction output by activity type
 4.5.4 Energy and utilities construction value add by project type
 4.6 Institutional Construction
 4.6.1 Institutional construction output by project type
 4.6.2 Institutional construction output by cost type
 4.6.3 Institutional construction output by activity type
 4.6.4 Institutional construction value add by project type
 4.7 Residential Construction
 4.7.1 Residential construction output by project type
 4.7.2 Residential construction output by cost type
 4.7.3 Residential construction output by activity type
 4.7.4 Residential construction value add by project type
 5 Company Profile: Veidekke ASA
 5.1 Veidekke ASA – Company Overview
 5.2 Veidekke ASA – Business Description
 5.3 Veidekke ASA – Main Products and Services
 5.4 Veidekke ASA – History
 5.5 Veidekke ASA – Company Information
 5.5.1 Veidekke ASA – key competitors
 5.5.2 Veidekke ASA – key employees
 6 Company Profile: AF Gruppen ASA
 6.1 AF Gruppen ASA – Company Overview
 6.2 AF Gruppen ASA – Business Description
 6.3 AF Gruppen ASA – Main Services
 6.4 AF Gruppen ASA – History
 6.5 AF Gruppen ASA – Company Information
 6.5.1 AF Gruppen ASA – key competitors
 6.5.2 AF Gruppen ASA – key employees
 7 Company Profile: BWG Homes ASA
 7.1 BWG Homes ASA – Company Overview
 7.2 BWG Homes ASA – Business Description
 7.3 BWG Homes ASA – Main Products and Services
 7.4 BWG Homes ASA – History
 7.5 BWG Homes ASA – Company Information
 7.5.1 BWG Homes ASA – key competitors
 7.5.2 BWG Homes ASA – key employees
 8 Company Profile: Norconsult Holding AS
 8.1 Norconsult Holding AS – Company Overview
 8.2 Norconsult Holding AS – Business Description
 8.3 Norconsult Holding AS – Main Services
 8.4 Norconsult Holding AS – History
 8.5 Norconsult Holding AS – Company Information
 8.5.1 Norconsult Holding AS – key competitors
 8.5.2 Norconsult Holding AS – key employees
 9 Company Profile: Vedal AS
 9.1 Vedal AS – Company Overview
 9.2 Vedal AS – Main Services
 9.3 Vedal AS – Company Information
 9.3.1 Vedal AS – key competitors
 9.3.2 Vedal AS – key employee
 10 Appendix
 10.1 What is this Report About?
 10.2 Definitions
 10.3 Methodology
 10.4 Contact Timetric
 10.5 About Timetric
 10.6 Timetric’s Services
 10.7 Disclaimer


List Of Tables

 Table 1: Norwegian Construction Output by Project Type (NOK Million), 2010–2014
 Table 2: Norwegian Construction Output by Project Type (NOK Million), 2014–2019
 Table 3: Norwegian Construction Output by Cost Type (NOK Million), 2010–2014
 Table 4: Norwegian Construction Output by Cost Type (NOK Million), 2014–2019
 Table 5: Norwegian Construction Output by Activity Type (NOK Million), 2010–2014
 Table 6: Norwegian Construction Output by Activity Type (NOK Million), 2014–2019
 Table 7: Norwegian Construction Value Add by Project Type (NOK Million), 2010–2014
 Table 8: Norwegian Construction Value Add by Project Type (NOK Million), 2014–2019
 Table 9: Norwegian Commercial Construction Output by Project Type (NOK Million), 2010–2014
 Table 10: Norwegian Commercial Construction Output by Project Type (NOK Million), 2014–2019
 Table 11: Norwegian Commercial Construction Output by Cost Type (NOK Million), 2010–2014
 Table 12: Norwegian Commercial Construction Output by Cost Type (NOK Million), 2014–2019
 Table 13: Norwegian Commercial Construction Output by Activity Type (NOK Million), 2010–2014
 Table 14: Norwegian Commercial Construction Output by Activity Type (NOK Million), 2014–2019
 Table 15: Norwegian Commercial Construction Value Add by Project Type (NOK Million), 2010–2014
 Table 16: Norwegian Commercial Construction Value Add by Project Type (NOK Million), 2014–2019
 Table 17: Norwegian Industrial Construction Output by Project Type (NOK Million), 2010–2014
 Table 18: Norwegian Industrial Construction Output by Project Type (NOK Million), 2014–2019
 Table 19: Norwegian Industrial Construction Output by Cost Type (NOK Million), 2010–2014
 Table 20: Norwegian Industrial Construction Output by Cost Type (NOK Million), 2014–2019
 Table 21: Norwegian Industrial Construction Output by Activity Type (NOK Million), 2010–2014
 Table 22: Norwegian Industrial Construction Output by Activity Type (NOK Million), 2014–2019
 Table 23: Norwegian Industrial Construction Value Add by Project Type (NOK Million), 2010–2014
 Table 24: Norwegian Industrial Construction Value Add by Project Type (NOK Million), 2014–2019
 Table 25: Norwegian Infrastructure Construction Output by Project Type (NOK Million), 2010–2014
 Table 26: Norwegian Infrastructure Construction Output by Project Type (NOK Million), 2014–2019
 Table 27: Norwegian Infrastructure Construction Output by Cost Type (NOK Million), 2010–2014
 Table 28: Norwegian Infrastructure Construction Output by Cost Type (NOK Million), 2014–2019
 Table 29: Norwegian Infrastructure Construction Output by Activity Type (NOK Million), 2010–2014
 Table 30: Norwegian Infrastructure Construction Output by Activity Type (NOK Million), 2014–2019
 Table 31: Norwegian Infrastructure Construction Value Add by Project Type (NOK Million), 2010–2014
 Table 32: Norwegian Infrastructure Construction Value Add by Project Type (NOK Million), 2014–2019
 Table 33: Norwegian Energy and utilities Construction Output by Project Type (NOK Million), 2010–2014
 Table 34: Norwegian Energy and utilities Construction Output by Project Type (NOK Million), 2014–2019
 Table 35: Norwegian Energy and utilities Construction Output by Cost Type (NOK Million), 2010–2014
 Table 36: Norwegian Energy and utilities Construction Output by Cost Type (NOK Million), 2014–2019
 Table 37: Norwegian Energy and utilities Construction Output by Activity Type (NOK Million), 2010–2014
 Table 38: Norwegian Energy and utilities Construction Output by Activity Type (NOK Million), 2014–2019
 Table 39: Norwegian Energy and utilities Construction Value Add by Project Type (NOK Million), 2010–2014
 Table 40: Norwegian Energy and utilities Construction Value Add by Project Type (NOK Million), 2014–2019
 Table 41: Norwegian Institutional Construction Output by Project Type (NOK Million), 2010–2014
 Table 42: Norwegian Institutional Construction Output by Project Type (NOK Million), 2014–2019
 Table 43: Norwegian Institutional Construction Output by Cost Type (NOK Million), 2010–2014
 Table 44: Norwegian Institutional Construction Output by Cost Type (NOK Million), 2014–2019
 Table 45: Norwegian Institutional Construction Output by Activity Type (NOK Million), 2010–2014
 Table 46: Norwegian Institutional Construction Output by Activity Type (NOK Million), 2014–2019
 Table 47: Norwegian Institutional Construction Value Add by Project Type (NOK Million), 2010–2014
 Table 48: Norwegian Institutional Construction Value Add by Project Type (NOK Million), 2014–2019
 Table 49: Norwegian Residential Construction Output by Project Type (NOK Million), 2010–2014
 Table 50: Norwegian Residential Construction Output by Project Type (NOK Million), 2014–2019
 Table 51: Norwegian Residential Construction Output by Cost Type (NOK Million), 2010–2014
 Table 52: Norwegian Residential Construction Output by Cost Type (NOK Million), 2014–2019
 Table 53: Norwegian Residential Construction Output by Activity Type (NOK Million), 2010–2014
 Table 54: Norwegian Residential Construction Output by Activity Type (NOK Million), 2014–2019
 Table 55: Norwegian Residential Construction Value Add by Project Type (NOK Million), 2010–2014
 Table 56: Norwegian Residential Construction Value Add by Project Type (NOK Million), 2014–2019
 Table 57: Veidekke ASA, Key Facts
 Table 58: Veidekke ASA, Main Products and Services
 Table 59: Veidekke ASA, History
 Table 60: Veidekke ASA, Key Employees
 Table 61: AF Gruppen ASA, Key Facts
 Table 62: AF Gruppen ASA, Main Services
 Table 63: AF Gruppen ASA, History
 Table 64: AF Gruppen ASA, Key Employees
 Table 65: BWG Homes ASA, Key Facts
 Table 66: BWG Homes ASA, Main Products and Services
 Table 67: BWG Homes ASA, History
 Table 68: BWG Homes ASA, Key Employees
 Table 69: Norconsult Holding AS, Key Facts
 Table 70: Norconsult Holding AS, Main Services
 Table 71: Norconsult Holding AS, History
 Table 72: Norconsult Holding AS, Key Employees
 Table 73: Vedal AS, Key Facts
 Table 74: Vedal AS, Main Services
 Table 75: Vedal AS, Key Employee
 Table 76: Timetric Construction Market Definitions


List Of Figures

 Figure 1: Norwegian Construction Output (Real US$ 2010, Million), 2010–2019
 Figure 2: Growth Matrix for Construction Output in Norway (US$ Million), 2010–2019
 Figure 3: Norwegian Construction Output by Project Type (NOK Million), 2010–2019
 Figure 4: Norwegian Construction Output by Cost Type (NOK Million), 2010–2019
 Figure 5: Norwegian Construction Output by Activity Type (NOK Million), 2010–2019
 Figure 6: Norwegian Construction Value Add by Project Type (NOK Million), 2010–2019
 Figure 7: Norwegian Commercial Construction Output by Project Type (NOK Million), 2010–2019
 Figure 8: Norwegian Commercial Construction Output by Cost Type (NOK Million), 2010–2019
 Figure 9: Norwegian Commercial Construction Output by Activity Type (NOK Million), 2010–2019
 Figure 10: Norwegian Commercial Construction Value Add by Project Type (NOK Million), 2010–2019
 Figure 11: Norwegian Industrial Construction Output by Project Type (NOK Million), 2010–2019
 Figure 12: Norwegian Industrial Construction Output by Cost Type (NOK Million), 2010–2019
 Figure 13: Norwegian Industrial Construction Output by Activity Type (NOK Million), 2010–2019
 Figure 14: Norwegian Industrial Construction Value Add by Project Type (NOK Million), 2010–2019
 Figure 15: Norwegian Infrastructure Construction Output by Project Type (NOK Million), 2010–2019
 Figure 16: Norwegian Infrastructure Construction Output by Cost Type (NOK Million), 2010–2019
 Figure 17: Norwegian Infrastructure Construction Output by Activity Type (NOK Million), 2010–2019
 Figure 18: Norwegian Infrastructure Construction Value Add by Project Type (NOK Million), 2010–2019
 Figure 19: Norwegian Energy and utilities Construction Output by Project Type (NOK Million), 2010–2019
 Figure 20: Norwegian Energy and utilities Construction Output by Cost Type (NOK Million), 2010–2019
 Figure 21: Norwegian Energy and utilities Construction Output by Activity Type (NOK Million), 2010–2019
 Figure 22: Norwegian Energy and utilities Construction Value Add by Project Type (NOK Million), 2010–2019
 Figure 23: Norwegian Institutional Construction Output by Project Type (NOK Million), 2010–2019
 Figure 24: Norwegian Institutional Construction Output by Cost Type (NOK Million), 2010–2019
 Figure 25: Norwegian Institutional Construction Output by Activity Type (NOK Million), 2010–2019
 Figure 26: Norwegian Institutional Construction Value Add by Project Type (NOK Million), 2010–2019
 Figure 27: Norwegian Residential Construction Output by Project Type (NOK Million), 2010–2019
 Figure 28: Norwegian Residential Construction Output by Cost Type (NOK Million), 2010–2019
 Figure 29: Norwegian Residential Construction Output by Activity Type (NOK Million), 2010–2019
 Figure 30: Norwegian Residential Construction Value Add by Project Type (NOK Million), 2010–2019


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Reports Details

Published Date : Aug 2015
No. of Pages :78
Country :Norway
Category :Construction
Publisher :Timetric
Report Delivery By :Email
Report Delivery Time :12 to 24 hours after placing the order.

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