Monday 12 January 2015

Focus on Energy-efficient Building Construction Encouraging Growth in the Construction Market Outlook in Nigeria

Reportstack has announced a new market research report on the Construction Market Outlook in Nigeria 2015-2019, which is expected to grow at a CAGR of 12.10 percent during 2015-2019.
“The gap between demand and supply of energy in Nigeria has led the construction companies in the country to focus on energy-efficient practices in construction,”.
“Moreover, special attention is being paid to the construction of eco-friendly and energy-efficient homes because the Urban Residential sector is the major consumer of electricity.”

Key Market Drivers
Rapid Urbanization
Robust and Sustained Economic Growth
Increase in Demand for Electricity and Transportation Services

Key Market Trends
Increased Adoption of PPP Model
Focus on Energy-efficient Building Construction
Affordable Housing Finance Projects

Key Market Vendors
Daewoo E&C
Evomec Global Services Ltd.
Julius Berger Nigeria Ltd.
Setraco Nigeria Ltd.

To define the market circumstances in the next 3-4 years, the 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.

To access full report with TOC, please visit Construction Market Outlook in Nigeria 2015-2019.

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