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Construction in New Zealand-Key Trends and Opportunities to 2021

Published By :

Timetric

Published Date : Jul 2017

Category :

Construction

No. of Pages : 77 Pages

Synopsis
In real terms, New Zealands construction industry registered an average annual growth rate of 7.3% during the review period (20122016). This growth was supported by government investments in the development of transport infrastructure, industrial parks, healthcare facilities and residential buildings.

The countrys construction industry is expected to continue to expand in real terms over the forecast period (20172021), driven by the governments focus on the development of transport infrastructure, energy and utilities facilities.

Under the Thirty-Year New Zealand Infrastructure Plan 2015, the government plans to spend NZD157.9 billion (US$110.0 billion) to develop transport networks, reliable electricity infrastructure, clean drinking water pipelines, telecommunications infrastructure, schools and hospitals by 2025.

In real terms, the industrys output value is forecast to record a compound annual growth rate (CAGR) of 4.04% over the forecast period, compared to 7.43% during the review period.


Summary
Timetrics Construction in New Zealand Key Trends and Opportunities to 2021 report provides detailed market analysis, information and insights into New Zealand's construction industry, including:

The New Zealand construction industry's growth prospects by market, project type and construction activity

Analysis of equipment, material and service costs for each project type in New Zealand

Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the New Zealand's construction industry

Profiles of the leading operators in the New Zealand's construction industry

Scope
This report provides a comprehensive analysis of the construction industry in New Zealand. It provides:

Historical (2012-2016) and forecast (2017-2021) valuations of the construction industry in New Zealand 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 New Zealand

Reasons To Buy
Identify and evaluate market opportunities using Timetric's 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 strategy using Timetric's critical and actionable insight.

Assess business risks, including cost, regulatory and competitive pressures.

Evaluate competitive risk and success factors.

Key Highlights
The governments focus on providing affordable houses via social housing programs is expected to drive growth of the residential construction market over the forecast period. Under the Social Housing Reform Program, the government plans to bridge the gap between the demand and supply of affordable houses. For this, in 2016, the government announced plans to spend NZD207.4 million (US$144.5 million) to build affordable houses in the country by 2020, with an aim to build 100,000 affordable houses by 2025.

The residential construction market is expected to be supported by rising residential building permits. According to Statistics New Zealand, total permits issued for the construction of houses across the country increased by 9.5%, rising from 18,012 units in 2015 to 19,721 units in 2016.

The government is focusing on the construction and expansion of metro lines. The government plans to double the capacity of Auckland's metro rail network by 2020. Accordingly, under the City Rail Link (CRL) extension plan, it plans to build a new underground railway line through the Auckland city centre.

The government launched the Ultra-Fast Broadband (UFB) and Rural Broadband Initiative (RBI2) in 2015. Under the RBI2 program, the government plans to provide at least 5 megabits per second (Mbps) to 90.0% of countrys rural population by 2025.

The governments commitment to providing a quality service in healthcare, as well as increased expenditures on healthcare and education, are expected to support the institutional construction market over the forecast period. In 2016 budget, the government increased its total spending on the healthcare sector by 29.4%, rising from NZD2.4 billion (US$1.7 billion) in 2015 to NZD3.2 billion (US$2.2 billion) in 2016.
Table of Contents
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: Sicon Ltd
5.1 Sicon Ltd Company Overview
5.2 Sicon Ltd Business Description
5.3 Sicon Ltd Main Services
5.4 Sicon Ltd History
5.5 Sicon Ltd Company Information
5.5.1 Sicon Ltd key competitors
5.5.2 Sicon Ltd key employees
6 Company Profile: Fulton Hogan Ltd
6.1 Fulton Hogan Ltd Company Overview
6.2 Fulton Hogan Ltd Business Description
6.3 Fulton Hogan Ltd Main Products and Services
6.4 Fulton Hogan Ltd History
6.5 Fulton Hogan Ltd Company Information
6.5.1 Fulton Hogan Ltd key competitors
6.5.2 Fulton Hogan Ltd key employees
7 Company Profile: Naylor Love Construction
7.1 Naylor Love Construction Company Overview
7.2 Naylor Love Construction Main Services
7.3 Naylor Love Construction History
7.4 Naylor Love Construction Company Information
7.4.1 Naylor Love Construction key competitors
7.4.2 Naylor Love Construction key employees
8 Company Profile: Faulkner Construction Ltd
8.1 Faulkner Construction Ltd Company Overview
8.2 Faulkner Construction Ltd Main Services
8.3 Faulkner Construction Ltd History
8.4 Faulkner Construction Ltd Company Information
8.4.1 Faulkner Construction Ltd key competitors
8.4.2 Faulkner Construction Ltd key employee
9 Company Profile: Opus International Consultants Ltd
9.1 Opus International Consultants Ltd Company Overview
9.2 Opus International Consultants Ltd Business Description
9.3 Opus International Consultants Ltd Main Services
9.4 Opus International Consultants Ltd History
9.5 Opus International Consultants Ltd Company Information
9.5.1 Opus International Consultants Ltd key competitors
9.5.2 Opus International Consultants Ltd key employees
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 Timetrics Services
10.7 Disclaimer

List of Tables
Table 1: New Zealands Construction Output by Project Type (NZD Million), 20122016
Table 2: New Zealands Construction Output by Project Type (NZD Million), 20162021
Table 3: New Zealands Construction Output by Cost Type (NZD Million), 20122016
Table 4: New Zealands Construction Output by Cost Type (NZD Million), 20162021
Table 5: New Zealands Construction Output by Activity Type (NZD Million), 20122016
Table 6: New Zealands Construction Output by Activity Type (NZD Million), 20162021
Table 7: New Zealands Construction Value Add by Project Type (NZD Million), 20122016
Table 8: New Zealands Construction Value Add by Project Type (NZD Million), 20162021
Table 9: New Zealands Commercial Construction Output by Project Type (NZD Million), 20122016
Table 10: New Zealands Commercial Construction Output by Project Type (NZD Million), 20162021
Table 11: New Zealands Commercial Construction Output by Cost Type (NZD Million), 2012 2016
Table 12: New Zealands Commercial Construction Output by Cost Type (NZD Million), 2016 2021
Table 13: New Zealands Commercial Construction Output by Activity Type (NZD Million), 20122016
Table 14: New Zealands Commercial Construction Output by Activity Type (NZD Million), 20162021
Table 15: New Zealands Commercial Construction Value Add by Project Type (NZD Million), 20122016
Table 16: New Zealands Commercial Construction Value Add by Project Type (NZD Million), 20162021
Table 17: New Zealands Industrial Construction Output by Project Type (NZD Million), 2012 2016
Table 18: New Zealands Industrial Construction Output by Project Type (NZD Million), 2016 2021
Table 19: New Zealands Industrial Construction Output by Cost Type (NZD Million), 2012 2016
Table 20: New Zealands Industrial Construction Output by Cost Type (NZD Million), 2016 2021
Table 21: New Zealands Industrial Construction Output by Activity Type (NZD Million), 20122016
Table 22: New Zealands Industrial Construction Output by Activity Type (NZD Million), 20162021
Table 23: New Zealands Industrial Construction Value Add by Project Type (NZD Million), 20122016
Table 24: New Zealands Industrial Construction Value Add by Project Type (NZD Million), 20162021
Table 25: New Zealands Infrastructure Construction Output by Project Type (NZD Million), 20122016
Table 26: New Zealands Infrastructure Construction Output by Project Type (NZD Million), 20162021
Table 27: New Zealands Infrastructure Construction Output by Cost Type (NZD Million), 20122016
Table 28: New Zealands Infrastructure Construction Output by Cost Type (NZD Million), 20162021
Table 29: New Zealands Infrastructure Construction Output by Activity Type (NZD Million), 20122016
Table 30: New Zealands Infrastructure Construction Output by Activity Type (NZD Million), 20162021
Table 31: New Zealands Infrastructure Construction Value Add by Project Type (NZD Million), 20122016
Table 32: New Zealands Infrastructure Construction Value Add by Project Type (NZD Million), 20162021
Table 33: New Zealands Energy and Utilities Construction Output by Project Type (NZD Million), 20122016
Table 34: New Zealands Energy and Utilities Construction Output by Project Type (NZD Million), 20162021
Table 35: New Zealands Energy and Utilities Construction Output by Cost Type (NZD Million), 20122016
Table 36: New Zealands Energy and Utilities Construction Output by Cost Type (NZD Million), 20162021
Table 37: New Zealands Energy and Utilities Construction Output by Activity Type (NZD Million), 20122016
Table 38: New Zealands Energy and Utilities Construction Output by Activity Type (NZD Million), 20162021
Table 39: New Zealands Energy and Utilities Construction Value Add by Project Type (NZD Million), 20122016
Table 40: New Zealands Energy and Utilities Construction Value Add by Project Type (NZD Million), 20162021
Table 41: New Zealands Institutional Construction Output by Project Type (NZD Million), 20122016
Table 42: New Zealands Institutional Construction Output by Project Type (NZD Million), 20162021
Table 43: New Zealands Institutional Construction Output by Cost Type (NZD Million), 2012 2016
Table 44: New Zealands Institutional Construction Output by Cost Type (NZD Million), 2016 2021
Table 45: New Zealands Institutional Construction Output by Activity Type (NZD Million), 20122016
Table 46: New Zealands Institutional Construction Output by Activity Type (NZD Million), 20162021
Table 47: New Zealands Institutional Construction Value Add by Project Type (NZD Million), 20122016
Table 48: New Zealands Institutional Construction Value Add by Project Type (NZD Million), 20162021
Table 49: New Zealands Residential Construction Output by Project Type (NZD Million), 20122016
Table 50: New Zealands Residential Construction Output by Project Type (NZD Million), 20162021
Table 51: New Zealands Residential Construction Output by Cost Type (NZD Million), 2012 2016
Table 52: New Zealands Residential Construction Output by Cost Type (NZD Million), 2016 2021
Table 53: New Zealands Residential Construction Output by Activity Type (NZD Million), 20122016
Table 54: New Zealands Residential Construction Output by Activity Type (NZD Million), 20162021
Table 55: New Zealands Residential Construction Value Add by Project Type (NZD Million), 20122016
Table 56: New Zealands Residential Construction Value Add by Project Type (NZD Million), 20162021
Table 57: Sicon Ltd, Key Facts
Table 58: Sicon Ltd, Main Services
Table 59: Sicon Ltd, History
Table 60: Sicon Ltd, Key Employees
Table 61: Fulton Hogan Ltd, Key Facts
Table 62: Fulton Hogan Ltd, Main Products and Services
Table 63: Fulton Hogan Ltd, History
Table 64: Fulton Hogan Ltd, Key Employees
Table 65: Naylor Love Construction, Key Facts
Table 66: Naylor Love Construction, Main Services
Table 67: Naylor Love Construction, History
Table 68: Naylor Love Construction, Key Employees
Table 69: Faulkner Construction Ltd, Key Facts
Table 70: Faulkner Construction Ltd, Main Services
Table 71: Faulkner Construction Ltd, History
Table 72: Faulkner Construction Ltd, Key Employee
Table 73: Opus International Consultants Ltd, Key Facts
Table 74: Opus International Consultants Ltd, Main Services
Table 75: Opus International Consultants Ltd, History
Table 76: Opus International Consultants Ltd, Key Employees
Table 77: Timetric Construction Market Definitions

List of Figures
Figure 1: New Zealands Construction Output (Real US$ 2010, Million), 20122021
Figure 2: Growth Matrix for Construction Output in New Zealand (US$ Million), 20122021
Figure 3: New Zealands Construction Output by Project Type (NZD Million), 20122021
Figure 4: New Zealands Construction Output by Cost Type (NZD Million), 20122021
Figure 5: New Zealands Construction Output by Activity Type (NZD Million), 20122021
Figure 6: New Zealands Construction Value Add by Project Type (NZD Million), 20122021
Figure 7: New Zealands Commercial Construction Output by Project Type (NZD Million), 20122021
Figure 8: New Zealands Commercial Construction Output by Cost Type (NZD Million), 20122021
Figure 9: New Zealands Commercial Construction Output by Activity Type (NZD Million), 20122021
Figure 10: New Zealands Commercial Construction Value Add by Project Type (NZD Million), 20122021
Figure 11: New Zealands Industrial Construction Output by Project Type (NZD Million), 20122021
Figure 12: New Zealands Industrial Construction Output by Cost Type (NZD Million), 2012 2021
Figure 13: New Zealands Industrial Construction Output by Activity Type (NZD Million), 20122021
Figure 14: New Zealands Industrial Construction Value Add by Project Type (NZD Million), 20122021
Figure 15: New Zealands Infrastructure Construction Output by Project Type (NZD Million), 20122021
Figure 16: New Zealands Infrastructure Construction Output by Cost Type (NZD Million), 20122021
Figure 17: New Zealands Infrastructure Construction Output by Activity Type (NZD Million), 20122021
Figure 18: New Zealands Infrastructure Construction Value Add by Project Type (NZD Million), 20122021
Figure 19: New Zealands Energy and Utilities Construction Output by Project Type (NZD Million), 20122021
Figure 20: New Zealands Energy and Utilities Construction Output by Cost Type (NZD Million), 20122021
Figure 21: New Zealands Energy and Utilities Construction Output by Activity Type (NZD Million), 20122021
Figure 22: New Zealands Energy and Utilities Construction Value Add by Project Type (NZD Million), 20122021
Figure 23: New Zealands Institutional Construction Output by Project Type (NZD Million), 20122021
Figure 24: New Zealands Institutional Construction Output by Cost Type (NZD Million), 20122021
Figure 25: New Zealands Institutional Construction Output by Activity Type (NZD Million), 20122021
Figure 26: New Zealands Institutional Construction Value Add by Project Type (NZD Million), 20122021
Figure 27: New Zealands Residential Construction Output by Project Type (NZD Million), 20122021
Figure 28: New Zealands Residential Construction Output by Cost Type (NZD Million), 2012 2021
Figure 29: New Zealands Residential Construction Output by Activity Type (NZD Million), 20122021
Figure 30: New Zealands Residential Construction Value Add by Project Type (NZD Million), 20122021

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